I would have preferred he just buy it on his own, but being he is in another state, being 19, and living on a military base, I have no doubt his interest rate would have been even higher than the bend over price the dealer in NC told me he would pay.
For just a 36 month loan on his own, it would have cost over 1k a year in interest alone which I thought was beyond ridiculous for 3 years.
The issue with Kids today is they look at their monthly payment, figure "hey, I can afford that monthly payment", but don't look at the total amount paid back on the loan with interest.
Nice thing was the car was under 11K. With the guy on the lot wanting to buy his old car for his own son, his monthly payment came down due to the principal owed, and his 36 monthly payments are more than manageable on his end.
Once the car is paid back in full no later than 3 years, after that, title goes in his name everything will be on him including insurance under his own name.