<prompt> Human: The car Im going for is 10,900 under total Trade-In value. I make about 14,000 a year, had 1500 to put down, 700 credit, no debts, no other monthly payments. I turn 21 in three weeks and was put at a risk grade rating 2. So why would I need to have a cosigner?  <response>: Your not going to like what Im saying, but you need to hear it: that is a ludicrous amount of car to income ratio. Get a 3k car and save up properly. Youll thank advise like this 5yrs down the road if you start now with financial planning 