I was involve in a car accident back in 2010 and at that time i was 15. After my lawyer talked to the car insurance company etc. and got my claims filled out, i was rewarded with a $5,000 settlement. They told me i will not be able to withdraw any of this money until i reach the age of 18. I am now 16 and need money for a car. Is there any way possible for me to withdraw the money i need?

no

Nope.

Your lawyer explained that you will not get the money until you are 18.

You have to wait until 18.

If the claim was settled with out court approval, then the release documents your parents signed on your behalf state that they must hold the money in trust for you and turn it over to you at 18.

If the claim was court approved then a judge ordered that the money be held in trust until you are 18.

There is no way for you to get the money prior to turning 18.

If you want a car, you will have to get a job and save up.

No. You have to be 18. period.