Car leasing with no credit history in US?
#2
Re: Car leasing with no credit history in US?
We used these back in 2008 http://www.intlauto.com/
Had no problems and were happy with what we sorted out - you have to get it arranged before you leave the UK though.
Had no problems and were happy with what we sorted out - you have to get it arranged before you leave the UK though.
#3
Just Joined
Joined: Apr 2009
Posts: 14
Re: Car leasing with no credit history in US?
We used enterprise car sales for a 2 year lease with an option to buy through AIG travel assist who also got us set up with HSBC credit cards within about 4 weeks of arriving in the US without credit history.
AIG helped with our car insurance and renters insurances and have really earned their fee in my opinion. Well worth it!
AIG helped with our car insurance and renters insurances and have really earned their fee in my opinion. Well worth it!
#4
Re: Car leasing with no credit history in US?
We used enterprise car sales for a 2 year lease with an option to buy through AIG travel assist who also got us set up with HSBC credit cards within about 4 weeks of arriving in the US without credit history.
AIG helped with our car insurance and renters insurances and have really earned their fee in my opinion. Well worth it!
AIG helped with our car insurance and renters insurances and have really earned their fee in my opinion. Well worth it!
#6
Forum Regular
Joined: Apr 2009
Location: West of philly - not quite Lancaster
Posts: 113
Re: Car leasing with no credit history in US?
We used VW leasing - they only needed a letter from employer ( we were on an L1B)
a quick search should bring up loads of other threads on the subject too..
by the way - where abouts in stafford....( my home town.... ) watched the torch go through yesturday wil home sick eyes.....
A
a quick search should bring up loads of other threads on the subject too..
by the way - where abouts in stafford....( my home town.... ) watched the torch go through yesturday wil home sick eyes.....
A
#7
Re: Car leasing with no credit history in US?
Yes, it's possible, yes there are plenty of threads on it.
Question really is, why would you want to?
Question really is, why would you want to?
#8
BE Forum Addict
Joined: Jun 2010
Posts: 2,847
Re: Car leasing with no credit history in US?
We leased a car through AIG from VW, over 2 years. Very happy, they took care of bank, credit card & car insurance & more than paid for their fee!
I wanted a reliable car covered by warranty. I wanted one that was top safety-rated. I wasn't prepared to pay double the monthly payments in order to own a new car - we could only get a lease or loan that was for no longer than the period covered by our visa (L1). I wasn't prepared to take the risk on buying a used car, and as it happens, used cars prices are more expensive here that I expected. We weren't moving out here with $200K in the bank from the sale of a house etc. So leasing was for us the only option that fitted our requirements.
Bob's wider point (I believe) is look at all the options, what you need & want, what your financial situation (including initial & on-going cash flow) will be etc etc.
Good luck!
#9
Re: Car leasing with no credit history in US?
Quite a few threads here about this subject. VW, BMW and Audi have special programs that will allow you to lease a car without any credit established here. I used the VW program: it was quite straightforward and I'd certainly recommend it.
#11
Re: Car leasing with no credit history in US?
Lease does make sense for some, those with a definite exit date, those who have a company car expense, those who definitely will drive no where in the car.
You can easily get a highend car that is 1-3 years old that is covered under warranty for the same kind of money as a lease, with the added benefit of a loan to get one will have a positive impact to a credit history.
#12
Re: Car leasing with no credit history in US?
We have just collected two Fords which we ordered through AIG/International Autosource from the UK.
Ford will lease direct to expats if you can provide an employment letter and copy of visa.
Ford will lease direct to expats if you can provide an employment letter and copy of visa.
#13
Re: Car leasing with no credit history in US?
We used VW leasing - they only needed a letter from employer ( we were on an L1B)
a quick search should bring up loads of other threads on the subject too..
by the way - where abouts in stafford....( my home town.... ) watched the torch go through yesturday wil home sick eyes.....
A
a quick search should bring up loads of other threads on the subject too..
by the way - where abouts in stafford....( my home town.... ) watched the torch go through yesturday wil home sick eyes.....
A
#14
BE Forum Addict
Joined: Jun 2010
Posts: 2,847
Re: Car leasing with no credit history in US?
Yup.
Lease does make sense for some, those with a definite exit date, those who have a company car expense, those who definitely will drive no where in the car.
You can easily get a highend car that is 1-3 years old that is covered under warranty for the same kind of money as a lease, with the added benefit of a loan to get one will have a positive impact to a credit history.
Lease does make sense for some, those with a definite exit date, those who have a company car expense, those who definitely will drive no where in the car.
You can easily get a highend car that is 1-3 years old that is covered under warranty for the same kind of money as a lease, with the added benefit of a loan to get one will have a positive impact to a credit history.