Jase2022's questions about car finance for new immigrant
 

How can i buy a car in USA without any Credit score history

Jase2022's questions about car finance for new immigrant
 

Did you read the 17 posts before you added your post? Lots of information there.

Jase2022's questions about car finance for new immigrant
 

Yes i did but since I'm doing immigration process i want to know the specific Agencies who can start the process whilst I'm still here besides Autosource and Expataride since these have indicated that the specific car I'm looking for they don't have it due to shortages in supply. I'm looking for a 7 seater SUV

Jase2022's questions about car finance for new immigrant
 

good luck, be prepared to pay over MSRP… I am buying the similar right now and the car is currently on a ROLO from Asia stuck at Anchor waiting to get in to the port. I had to look at 20+ dealerships a lot further than my local one to find one that had a car that had the color and features I would settle for.

Jase2022's questions about car finance for new immigrant
 

Advancial.org are doing auto loans/credit cards for new expats.
city national bank are great with new arrivals as well. Ask for the cross border banking team https://www.cnb.com/personal-banking.html
Both of these will set you up with bank accounts/credit cards once you have your visa in hand and before you leave the UK. My preference with my clients is city national bank.

Jase2022's questions about car finance for new immigrant
 

Ok fine, who financed your car?

Jase2022's questions about car finance for new immigrant
 

I am a USC now with established credit so it won’t be relevant to you.

The car is sitting on a ship, the part I will finance to “maintain” my credit will be done at the dealership when it’s on the lot to collect so no idea who yet.

Jase2022's questions about car finance for new immigrant
 

I am also hearing of 3+ month delays at the dealership for delivery but not necessarily over the MSRP and some dealers won't even sell you anything unless it is in stock.

Jase2022's questions about car finance for new immigrant
 

Correct, they can’t “sell” me something they don’t have yet, they just have a $2k deposit from me to “reserve” that car that’s on the ship so no one else can buy it.

Jase2022's questions about car finance for new immigrant
 

They haven't ever sold cars they didn't have.

You can order and place a deposit to reserve it, but you haven't bought it and can still bail from the transaction.

Re: Jase2022's questions about car finance for new immigrant
 

Just as a note, I've moved Jase2022's question and the responses in to a new thread, as it had been tagged on to a thread that was over a year old.

Re: Jase2022's questions about car finance for new immigrant
 

Cash, cash is King

Re: Jase2022's questions about car finance for new immigrant
 

You're right - I meant that they won't even order a car for you since delivery is so uncertain.

Re: Jase2022's questions about car finance for new immigrant
 

Actual "cash" at a car dealer can cause problems, so I assume you mean "funds in your account", not carrying a holdall of folding-stuff to the dealership? :unsure:

A neighbour of mine did pay actual cash for a car last year, and not a cheap one, though I would have warned him against the idea if he had asked me. Well he sat in the dealership finance office while the cash was counted, and recounted until everyone was happy. He signed off on the purchase paperwork and dealer signed and handed him a receipt. A few days later the dealer called him to notify him that by the time the cash reached the bank several $thousands had disappeared! :blink: My neighbours attitude was, quite rightly, "I have a receipt for the full amount, what do you expect me to do about it? :confused:"

Apparently the dealer had already decided that they were no longer going to accept cash, at least not above a certain level. :lol:

Re: Jase2022's questions about car finance for new immigrant
 

OK OK, bankers draft or cashiers cheque