Financing
Obtaining a vehicle in the United States can be a major problem for some expatriates, and particularly foreign nationals. Stateside car dealers and financing companies are reluctant to extend credit to new residents without a recent U.S. credit history.
International AutoSource is able to provide access to preferential financing rates through the US manufacturers’ finance institutions (Audi Financial, Chrysler Financial, Ford Motor Credit, Volkswagen Financial, and M&T Bank) even to foreign nationals with no US credit history.
What is Financing
When you finance, you take a loan on the value of the vehicle. The finance institution charges you an annual interest rate on your loan. It allows you to pay off your vehicle monthly. You can finance your vehicle for 2 to 5 years.
Here are some of the major benefits of financing:
- Ownership - Once the loan is paid off, you own the vehicle and can continue to drive without any further monthly payments.
- No Early Payment Penalty - You have the option to pay off the loan early, without penalty.
- Flexibility - When you finance, you have the flexibility to sell your car at any time and pay off the balance of your loan. This can be helpful in the event of a sudden international relocation.
Our factory consultants would be pleased to discuss the leasing option with you in detail.