Expatriates moving to the US often lack a US credit history and find it difficult, if not impossible, to lease or finance a vehicle. Good news is that expats can lease or finance a vehicle even without a US credit history. There are unique factory-direct programs available that can help expats in obtaining credit to lease or purchase a car in the US at low interest rates and no guarantor is required.
Several options are available to expats when they want to obtain a car in the US, but only one source can provide factory-direct savings:
Car Buying Services - Car Buying Services are designed to generate leads for dealers by locating vehicles for customers within dealer networks. Their pricing structure includes mark ups that build profit for the dealer and Car Buying Service. Unfortunately for customers, the savings benefits are minimal and these mark ups are often hidden or undisclosed. Most Car Buying Services can't offer finance solutions to Expats without a credit history, however if you find one that does, beware of the interest rate… it's likely to be exceptionally high!
Car Dealerships - Most customers find it difficult to determine the best price when using dealerships. Mark ups vary per dealer and the hassles of negotiating prices are time consuming and frustrating. A dealership salesperson will often try to persuade customers to choose vehicles based on their own agenda because they are commission-based and incentivized to sell depending on sales objectives. Unfortunately, customers receive biased opinions as to which car is right for them. Also, it's virtually impossible for Dealerships to offer credit options to Expats without a credit history.
Factory-Direct Programs - Unlike Buying Services or Dealers, companies that offer factory-direct programs are specially authorized as a direct distributor to allow expats to buy or lease directly from the manufacturer. By eliminating the "middle man," there are no negotiated prices and no hidden fees. When Expats buy or lease at factory-direct prices, they get maximum savings and are guaranteed the lowest price anywhere in the US.