Car purchase finance - Doha
#1
BE Enthusiast
Thread Starter
Joined: Apr 2010
Location: Doha
Posts: 320
Car purchase finance - Doha
Looking for some advice on the best way to finance a car. After leasing for a year, which has been trouble free and got a courtesy car during service, am back to considering buying.
Have been to a couple of dealerships and both have said get a loan from the bank. Said it was too much hassle to go through the dealership and I would need a Qatari guarantor.
So is it a case of going to the bank? Do dealerships not do some sort of lease deal with a payment at the end? Don't want to pay out a large amount of my own money on a depreciating asset.
Have been to a couple of dealerships and both have said get a loan from the bank. Said it was too much hassle to go through the dealership and I would need a Qatari guarantor.
So is it a case of going to the bank? Do dealerships not do some sort of lease deal with a payment at the end? Don't want to pay out a large amount of my own money on a depreciating asset.
#2
Re: Car purchase finance - Doha
Most dealers offer leasing mate but the rates are generally shit. Compare the price from your bank and a company called First Finance which I have had customers use and get good rates. Which dealerships have you been looking at? and I have never heard about anyone needing a Qatari guarantor - sounds like a salesman that cant be arsed.
#3
Forum Regular
Joined: Jun 2012
Location: Doha
Posts: 156
Re: Car purchase finance - Doha
To get a loan you do need a letter from your employer (as with everything) and you need to have finished probation. Then its just the bank agreeing to lend you the money!
#4
Re: Car purchase finance - Doha
Too echo what britexpat just said ive used first finance and there rates are superb