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financing a vehicle as a foreigner




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Crispy's Avatar
Crispy
Member: #1561
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You can get a car loan as a foreigner with a 1 or 2 year visa.
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24-01-12, 09:40 AM

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JIZEK
Member: #12394
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aha- there you go, so first step would be to get a visa :-)
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24-01-12, 11:54 AM

Sid Lickman
Member: #23448
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Dear Rev

That visa is enough
Be prepared to provide some sort of financial info...tax returns or bank statement.

Please note...
most car loan companies are charging twice the rates that banks do...please shop around.
Also...VERY IMPORTANT...dealers are getting giant commissions from the loan companies...any where from 9% to 23%
This is a soft market...definitely hammer the rates down...the dealers will give in. Maybe AAA wont give you much, because they are making so many sales...but at least they write in the contract the odometers are correct and they guarantee the cars for one year.

Last note...in used car market
dealers make...on average...10,000kc to 30,000kc profit on each car and 40,000kc to 60,000kc profit on each van/dodavka

Of all the loan companies that I know of in the market SkoFin has lowest rates
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24-01-12, 02:36 PM

Rev_Katz
Member: #84960
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Thanks for the tips Sid, quite helpful
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25-01-12, 12:02 AM

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