This article has not yet passed wikiHow's quality review process. Learn more
Edit Article

Expats moving to a new country cannot buy new cars from traditional dealerships due to the fact that they have no local credit history. This results in many Expats paying cash for pre-owned vehicles because they believe it is impossible to purchase a new car. However, Expats CAN lease or finance a new car. Read the following steps to buying or leasing a new car in a foreign country without a local credit history.

Ok,
CloseThis article has not yet passed wikiHow's quality review process. Learn more

EditSteps

  1. 1
    Once you decide to make the move to a new country start researching “Expat Car Leasing and Car Buying” companies. Look for companies that offer financing and leasing rates to Expats at competitive local prices. It is smart to find a company that offers Expat Car Financing services as well. Companies such as International AutoSource offer both of these services.
  2. 2
    Contact the Expat Car Service BEFORE you move. Many times there are special offers and exceptional savings the company can only grant you before you enter your new country. While it may not seem like a priority before you move, once you enter the country you will quickly realize how vital a car is.
  3. 3
    Work with the Expat Car Service to decide if financing or leasing is best for you. Keep in mind the amount of time you intend to stay in the country, and the length of your visa.
  4. 4
    Research and choose the best car for you. The available car manufacturers may differ from those in your home country. Research the new manufacturers and compare them to the cars you are familiar with from home. Factor in your new community and your commute when choosing your vehicle. A small commuter car may work best for city areas, while a SUV might best suit life in suburbs
  5. 5
    Work with your Expat Car Service to secure affordable auto insurance without a local credit history. In many places auto insurance is required in order to register your vehicle.
  6. 6
    Schedule a delivery date to receive your new car. If you need transportation before your scheduled delivery date talk to your company about a business rental, or find a local rental company. Your Expat Car Service may offer this service.
  7. 7
    Register your new vehicle with your local Department of Motor Vehicles.

We could really use your help!

Can you tell us about
printer fixes?
Yes
No
printer fixes
how to clear a paper jam
Can you tell us about
cooking catfish?
Yes
No
cooking catfish
how to fry catfish
Can you tell us about
dogs?
Yes
No
dogs
how to care for a Boston Terrier
Can you tell us about
building and engineering?
Yes
No
building and engineering
how to build a strong catapult
Thanks for helping! Please tell us everything you know about
...
Tell us everything you know here. Remember, more detail is better.
Tips
Provide Details.
Please be as detailed as possible in your explanation. Don't worry about formatting! We'll take care of it. For example:
Don't say: Eat more fats.
Do say: Add fats with some nutritional value to the foods you already eat. Try olive oil, butter, avocado, and mayonnaise.
Submit

EditTips

  • Learn the new traffic laws and driving safety tips in your new country.

EditWarnings

  • BEWARE of Companies That Charge High Interest Rates!

Article Info

Categories: Cars | Living Overseas

Thanks to all authors for creating a page that has been read 1,380 times.

Did this article help you?
Yes No