How To Finance A Car In USA Without A U.S. Credit Score
ExpatRide provides foreign nationals moving to or already in the U.S. with car leasing/purchasing of new/used vehicles, any make or model from any car dealership nationwide. ExpatRide does not require a U.S. credit score and in most cases not even a U.S. driver’s license to deliver cars. The expat can get a vehicle before or after arriving to the U.S.
ExpatRide offers a Personal Car Shopper Service (free service): ExpatRide offer according to the customers wishes to search, find and negotiate the price and check the condition on any type of vehicle nationwide. This ensures that the customer gets a good price and vehicle in good condition (if pre-owned). Read more about ExpatRide here...
Can ExpatRide Finance A Used Ferrari Or Hyundai?
Yes, new or used cars from Kia to Porsche. As long as the expat's income matches the cost of their desired vehicle there are no limits to what car makes that ExpatRide can finance. ExpatRide is your "one stop shop" for all your expat (foreign national) car financing needs (no cash sales).
Any of the following makes can be financed for expatriates / inpatriates:
Acura, Aston Martin, Audi, Bentley, BMW, Buick, Cadillac, Chrysler, Dodge, Ferrari, Fiat, Fisker, Ford, GMC, Honda, Hummer, Hyundai, Infiniti, Jaguar, Jeep, Kia, Lamborghini, Land Rover, Lexus, Lincoln, Lotus, Maserati, Maybach, Mazda, Mercedes-Benz, Mercury, MINI, Mitsubishi, Nissan, Panoz, Fiat, Pontiac, Porsche, Rolls-Royce, SAAB, Scion, Smart, Subaru, Suzuki, Tesla, Toyota, Volkswagen and Volvo.
Prepare Documentation Of Driving History
If you are able to provide documentation from your home/former country, then this could help your chances of obtaining a better insurance quote. Please remember to contact your current/former auto insurance company to obtain these documents in English as soon as possible.
This will save you a lot of time and money.
Can I Purchase Finance With ExpatRide?
Yes, with ExpatRide you can choose between lease and purchase financing. Most expats chooses the lease option, as this gives them lower monthly payments and usually fits their work visa lenght better, as the lease/finance cannot be longer than the work visa is valid.
Can I Break My Lease Without Penalties?
Yes the ExpatRide car leasing/finance program is tailored specifically for expatriates, so we have considered the many reasons why an expat would need to break their lease due to work or family related situations that forces the expat to leave the country.
We work with an "Open Ended Equity Lease". This means that you own the equity in the vehicle, just like if the money was borrowed in a bank. You can say that our lease is a "bank loan" with a residual value.
If you wishes to break the lease for any reason, you are only liable for the difference between what the car can be sold for and what is owed on the car. We will assist with selling the vehicle, and should the vehicle sell for more than what you owe on the car, then we will send you a check for the balance, as it is you who owns the equity in the vehicle and not the leasing company.
Getting A Driver’s License In The U.S.
Obtaining a U.S. driver’s license should be on top of your to-do-list when moving to the U.S. as it will be needed in many situations.
Because there is no national identity card in the United States, the driver’s license is often used as the de facto equivalent for completion of many common business and governmental transactions. It will also be more handy than carrying your passport around.
In the U.S., nearly all driver’s licenses are issued by individual states, rather than the federal government. Drivers are normally required to obtain a license from their state of residence, and all states recognize each other’s licenses for temporary visitors subject to normal age requirements. A state may also suspend an individual’s driving privilege within its borders for traffic violations.
Read some quick facts here for foreign visitors about driving in the U.S.
ExpatRide Rental Car Program - Great Expat Discounts
While you wait to have your new car delivered, you may need a rental car for some time. We have arranged for you to get a rental car at a great price.
Our partner Enterprise is known to have the best car rental rates in the industry. We have negotiated a rate below that. In addition, our rates for the Damage Waiver is a set price of $12.00 per day, which is $5.00 to $17.00 less per day, depending on location, time of the year etc.
OR, if the link doesn't work; you can also go to:
1 - Enter pick up location
2 - Enter the dates
3 - Enter vehicle class and age group and most importantly:
Optional: Coupon, Customer, or Corporate Number: XZ41422
Next page: Please enter the first 3 characters of your company's name or PIN number: "EXP"
Expat Car Cash Purchase Program Launched by ExpatRide
Our Cash Purchase Program is better than buying cash
With our Cash Purchase Program you are technically buying cash, but gaining 4 major benefits you will not get with a regular cash purchase:
- We assist you with finding, negotiating, checking condition, register the vehicle - nationwide.
- Only pay for part of the car.
- Start building your valuable U.S. credit score.
- We assist with selling your car.
Click here to read more details...
Four Expat Car Financing Options in USA
ExpatRide now offer expatriates in USA four different expat car financing andexpat car leasing options. The options make it easier for expats to choose the financing option which fits their assignment in the U.S. ExpatRide offers the broadest expat car program in the U.S. Expats moving to USA can now choose their new or used vehicle from any car dealership nationwide and combine it with the expat auto loan option best for them.
No other company offers as wide a range of vehicles, dealerships, pick-up and return locations and financing options. Expat customers do not need a U.S. credit score to be approved for any of the following new financing options offered to expats in the U.S.
The four financing options are:
- Open Ended Equity Lease program - Tailored for the expat
- The Closed End Lease
- Cash Purchase Program (Prepaid Lease)
- Traditional purchase finance (similar to a regular bank loan)
ExpatRide's expat car lease program is tailored to expatriates moving to the U.S. interested in car financing. "The expatriate car financing program solves the challenges that many expats experience daily in the U.S. when it comes to being approved for a car loan or car lease. Especially after 2008, it has been very difficult for foreign nationals to obtain credit," explains CEO & Founder of ExpatRide Jesper Lovendahl.
This "No U.S. Credit Score Program" takes into consideration the foreign individual's historic credit profile from former countries of residence. This is very different from other financial programs in the U.S. as they generally only give the person credit for their U.S. assets and credit history.