Car buying and Insurance options on H2B
#1
Just Joined
Thread Starter
Joined: Feb 2013
Posts: 3
Car buying and Insurance options on H2B
Hi there, I amnew to the forums but have been reading and researching quite a bit over the last few months so please bare with me.
I will be arriving in the US (New Jersey) at the beginning of march on a H2B visa for 9 months where I will be working.
I will be living with my USC girlfriend but will be needing a car. Now I know I have no credit history and buying/insurance options are limited. I have looked into renting also but this seems like a big waste of money if it would be possible to buy or finance.
I have been reading about AIG travel Guard and will look into this and call them tomorrow to see what they can do.
I Visited a few dealerships when I was out in the US last year to see what financing options would be available. The few I spoke to seem to think it would be possible to finance with my USC girlfriend as a co-signer(Good credit History) although no specific rates were discussed.
I would be willing to enter an agreement longer than my Visa length to secure my own car and get my foot on the credit ladder. Again with my girlfriend as a co-signer hopefully this should be doable.
I have a SSN and US driving licence which I will renew on arrival next month.
Sorry for the long windedness of my post but any help would be much appreciated.
I will be arriving in the US (New Jersey) at the beginning of march on a H2B visa for 9 months where I will be working.
I will be living with my USC girlfriend but will be needing a car. Now I know I have no credit history and buying/insurance options are limited. I have looked into renting also but this seems like a big waste of money if it would be possible to buy or finance.
I have been reading about AIG travel Guard and will look into this and call them tomorrow to see what they can do.
I Visited a few dealerships when I was out in the US last year to see what financing options would be available. The few I spoke to seem to think it would be possible to finance with my USC girlfriend as a co-signer(Good credit History) although no specific rates were discussed.
I would be willing to enter an agreement longer than my Visa length to secure my own car and get my foot on the credit ladder. Again with my girlfriend as a co-signer hopefully this should be doable.
I have a SSN and US driving licence which I will renew on arrival next month.
Sorry for the long windedness of my post but any help would be much appreciated.
Last edited by Palmo; Feb 5th 2013 at 10:39 pm.
#2
BE Enthusiast
Joined: Apr 2009
Location: Berkeley, CA
Posts: 927
Re: Car buying and Insurance options on H2B
Why not buy a $1500 craigslist special? Mine has served me fine for several years.
I'm sure others on this forum would be interested to hear how you came by the H-2B visa.
I'm sure others on this forum would be interested to hear how you came by the H-2B visa.
#3
Just Joined
Thread Starter
Joined: Feb 2013
Posts: 3
Re: Car buying and Insurance options on H2B
My H2B visa comes via my employer where I am a football coach.
#4
Re: Car buying and Insurance options on H2B
You can get a pretty decent 8-10 year old car in that price range with reasonable mileage and it would be a shit ton cheaper to insure than a new car.
Just a thought.
Either that, or google out lease buy outs and see if you can pick up someone elses remaining lease.
Just a thought.
Either that, or google out lease buy outs and see if you can pick up someone elses remaining lease.
#5
Just Joined
Thread Starter
Joined: Feb 2013
Posts: 3
Re: Car buying and Insurance options on H2B
I have also been looking at the lease buy outs, also a good option thanks. Im not looking at a brand new car ideally. looking at something 3-6 years old maybe.