UK Student car leave in USA
#1
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Joined: Jul 2020
Posts: 1
UK Student car leave in USA
Hi
My client's Son (UK passport) is going back for his final year at Elon University (NC) at the end of this month.
He's asked me to source lease car, a VW or similar until May 2021
Please could you point me in the best direction for perhaps ex pat car leasing in the USA? Or any other options
Thank you!
Lisa
My client's Son (UK passport) is going back for his final year at Elon University (NC) at the end of this month.
He's asked me to source lease car, a VW or similar until May 2021
Please could you point me in the best direction for perhaps ex pat car leasing in the USA? Or any other options
Thank you!
Lisa
#3
Re: UK Student car leave in USA
Leases in the US typically run 33+ months (some may be as short as 24 months), and I am not sure that a "lease", meaning another way to obtain long term use of a vehicle, is going to work if your son only needs it for 9-10 months, and is then going to leave the US.
I am not certain about the alterantives, but perhaps one of the car rental companies might be willing to agree to a 10 month rental contract? Alternatively he could rent for upto a month at a time, as I think that is the longest standard rental period.
I am not certain about the alterantives, but perhaps one of the car rental companies might be willing to agree to a 10 month rental contract? Alternatively he could rent for upto a month at a time, as I think that is the longest standard rental period.
#4
Re: UK Student car leave in USA
Alternatively he could rent for upto a month at a time
#5
Re: UK Student car leave in USA
It's OK, apparently Mum is paying.
The insurance will be the killer because IME literally half the cost of renting, if you don't already have car insurance in the US, is the cost of insurance. If you do have car insurance in the US then that usually covers you to drive a rental car.
The only way I would see to solve the original question in a vaguely affordable way would be to buy one of the nicest cars you can find on a "buy here, pay here" used car dealer lot (which is probably going to be about 3 years old), make the payments for ten months, then hand them keys at the end of ten months, and they will give it a quick wash and change the oil and put it back on the lot to sell it again. You don't need any credit history to buy from a buy here pay here dealer, just proof of address, and perhaps proof of income or means to make the payments.
The insurance will be the killer because IME literally half the cost of renting, if you don't already have car insurance in the US, is the cost of insurance. If you do have car insurance in the US then that usually covers you to drive a rental car.
The only way I would see to solve the original question in a vaguely affordable way would be to buy one of the nicest cars you can find on a "buy here, pay here" used car dealer lot (which is probably going to be about 3 years old), make the payments for ten months, then hand them keys at the end of ten months, and they will give it a quick wash and change the oil and put it back on the lot to sell it again. You don't need any credit history to buy from a buy here pay here dealer, just proof of address, and perhaps proof of income or means to make the payments.
Last edited by Pulaski; Jul 2nd 2020 at 2:58 pm.
#6
DE-UK-NZ-IE-US... the TYP
Joined: Mar 2010
Posts: 2,855
Re: UK Student car leave in USA
Leases in the US typically run 33+ months (some may be as short as 24 months), and I am not sure that a "lease", meaning another way to obtain long term use of a vehicle, is going to work if your son only needs it for 9-10 months, and is then going to leave the US.
I am not certain about the alterantives, but perhaps one of the car rental companies might be willing to agree to a 10 month rental contract? Alternatively he could rent for upto a month at a time, as I think that is the longest standard rental period.
I am not certain about the alterantives, but perhaps one of the car rental companies might be willing to agree to a 10 month rental contract? Alternatively he could rent for upto a month at a time, as I think that is the longest standard rental period.
not sure how it works with credit etc, but they may he able to find one with an expiry date that lines up. Also most leases allow you to keep paying the same monthly for up to 6 months after the end day, so it would not have to be an exact match if the one they find is not long enough. With people loosing jobs there could be a bigger number available. As you note Insurnace will not be cheap unless they have an established history.
#9
Re: UK Student car leave in USA
True. I've never been to Elon, NC, but a quick look on Google Maps shows a very small town. I wonder if a car is even necessary.
#10
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Joined: Jan 2017
Posts: 2,900
Re: UK Student car leave in USA
Private school at an international student tuition rate, and then being able to ask a consultant to find a lease car - I am assuming money is not particularly an issue for the client.
Contact car hire companies and ask about long-term corporate leases. I've had these done as short as 90 days in the past.
Alternatively perhaps a surplus auction.
Contact car hire companies and ask about long-term corporate leases. I've had these done as short as 90 days in the past.
Alternatively perhaps a surplus auction.
#11
Re: UK Student car leave in USA
or they could try and find one to “takeover” I think there are a few of this type of service if you google it: https://www.swapalease.com
not sure how it works with credit etc, but they may he able to find one with an expiry date that lines up. Also most leases allow you to keep paying the same monthly for up to 6 months after the end day, ....
not sure how it works with credit etc, but they may he able to find one with an expiry date that lines up. Also most leases allow you to keep paying the same monthly for up to 6 months after the end day, ....
Surely "the smaller the town, the more you need a vehicle" is the rule in the US?
Last edited by Pulaski; Jul 4th 2020 at 12:22 pm.