Does it make a difference if it needs full coverage because its new?

What is the difference between a lease and loan? And where on my paperwork would thus be specified?

Even if it's only their car in their insurance, or do I need to put them on my insurance and they pit my car on theirs???

Happy cake day! Also would they pay full amount or would I be like a lender, I guess we would have to go through I financing company?

The only problem is the gap insurance will not cover another driver.

Good points, thank you for your feedback, I have a hard time seeing the bright side something, I just didn't want to be tempted to waste my enlistment bonus, it just seems like insurance is always a rip off, I know I need it incase something happens but nothing ever happens.

Thank you that's a good point, my rate will be submarine computer electronics secf and the schools are in Groton Connecticut, kings bay Georgia, and Washington state, I'm leaving from from norfolk va.

I know I fell for a bad recommendation to go into one of these no cash down car places and I had no credit, I would not have this car at all if I knew these things,I just don't know what .y best option is now.

Good thought, but being in the military alone will give me all the credit I need. What is the down side to owning the car outright and just keeping it as long as I can (beside the fact that it depreciates)?

I can't tell if this is serious or sarcasm, but no I volunteered but the reality of it didn't set in until I got my ship date after meps, I just think this car is going to be a waster of time and money once I start my life somewhere else, plus I won't need a car in a submarine.

I've only had it since September, is it too early, could anything in my contract prevent this.

Thank you everybody for your advice I will keep you updated.

Also how long should this process take for it to be gone.

It's 14% and I will start as an e3 in submarine computer electronics, my school is pretty long with no break after basic. And no it's not fun this is super stressful.

Only active duty, basic training does not count as active duty until I am stationed, active duty could even get out of the loan all together.

Lmao your funny. I wouldn't have got this car if I knew I was going into the service.

That will be no issue I hope to never need a car again after this.

What do your acronyms stand for, and yes I have someone who could sell it. This is a good idea.

It's guaranteed no one will drive it, I'm in a unique circumstance so that's no issue.

So I guess I need to shop around for buyers and insurance and then figure it out after I see some numbers, I appreciate the help alot everybody this has been a huge stressor on me, also how long will it take for the process to be over, I need my car until the week before basic.

Thank you so much for the full explanation that answers some serious questions.

Does it depreciate from time or mileage? Because It will not be moving, thank you for this advice btw.

At my grandma's in a safe place, no one can drive it because gap insurance will not cover it.

I don't get my bonus until I graduate boot camp

Would yall recommend making payments through basic, and then sell it when I have my enlistment bonus to make up the difference, it'll be 7 months before I get time to sell it.