Cars on finance - any help

savannah


Joined: 23/06/2008
Posts: 73

Message Posted:
08/07/2009 16:02

Hi guys



Does anyone know if it possible for a foreigner - Brit, to obtain a car on finance like you can in the UK with monthly installments?



If it is possible, any ideas on somewhere that offers this with good rates?



Any comments greatly appreciated

catalkoykid


Joined: 15/02/2009
Posts: 1190

Message Posted:
08/07/2009 16:38

you can get a car loan from any of the banks

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
08/07/2009 16:48

I would surmise that in the present car market state any main franchise garage outlet would be happy to sell a vehicle on tick.



Richard

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
08/07/2009 16:49

most garages offer finance through a local bank...

savannah


Joined: 23/06/2008
Posts: 73

Message Posted:
08/07/2009 16:49

many thanks catalkoykid. Whats the situation with credit rating and checks and whatever else they do in UK before they give you money, any ideas?

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
08/07/2009 17:04

This is off creditwests website

AutoCredit



AutoCredit for up to 48 months. You can buy a car with fixed term and rate repayment plan.







Payments in GPB, USD, EUR and TL,

Fixed payments up to 48 months,

Extra discounts on full coverage and third party insurance



Applicant will need the following documentation:



1. Identification

2. Proof of income

3. Pro forma invoice of purchase

savannah


Joined: 23/06/2008
Posts: 73

Message Posted:
08/07/2009 17:07

Great help.



Many thanks wanderer

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
08/07/2009 17:07

I should have said there is a payment calculator as well

http://www.creditwestbank.com/index.php?option=com_content&task=view&id=148&Itemid=256

ladylittle


Joined: 09/03/2008
Posts: 498

Message Posted:
09/07/2009 14:39

creditwest only provide a loan for a foreigner if you have the amount of the loan frozen in an account. Anyone know of other banks??? Think it may be a prob for brits???

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
09/07/2009 16:10

mess 9 - you are correct !



Sort of lending you an umbrella when the sun is shining, but wanting it back when it starts raining......

Carndi


Joined: 12/06/2009
Posts: 613

Message Posted:
09/07/2009 18:50

Bought a new car at Changer mmoters in Nicosia and paid each month at the ' shop '.

If you go and ask for Kemal he speaks English and is very helpful.

Just needed proof of purchase of property ( Bill of Sale ) , passport. Drove out same day as I signed

contract.

Interest rate ar t the time was 9%. Paid first instalment on signing contract.

For Changer moters. Turn left at Nicosia roundabout,right after the third roundabout and it'a on the right.

ladylittle


Joined: 09/03/2008
Posts: 498

Message Posted:
09/07/2009 21:10

Thanks carndi, I'll check it out

TigaTrading


Joined: 25/06/2009
Posts: 186

Message Posted:
09/07/2009 21:21

Hi.



We will be happy to let you pay for your car in installments, depending on your financial circumstances of course. Please feel free to drop in anytime to discuss the terms.



Best Wishes

Hugh

savannah


Joined: 23/06/2008
Posts: 73

Message Posted:
10/07/2009 11:03

Hi Hugh



Sounds great, where are you based?

TigaTrading


Joined: 25/06/2009
Posts: 186

Message Posted:
10/07/2009 12:47

we are based over the Catalkoy mountain road, as if you are going to Ercan airport, just before the roundabout on the left hand side next door to Mardo İcecream. You are welcome to come and have a coffee and a chat.



Regards

Hugh

ladylittle


Joined: 09/03/2008
Posts: 498

Message Posted:
10/07/2009 13:40

hugh, do you have a telephone number???

TigaTrading


Joined: 25/06/2009
Posts: 186

Message Posted:
10/07/2009 14:44

Hi Sarah,



0533 845 1638



Regards

Hugh

pacos


Joined: 16/08/2009
Posts: 119

Message Posted:
25/08/2009 11:39

Hallo Tiga Trading. do you have a e. mail add.

waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
25/08/2009 19:00

Bought my Freelander from Cangar on a local credit agreement, sadly I bought the wrong car for us and that is why it is up for sale - nothing wrong with the motor its just not the one we should have bought. However, there was no problem at all and not even a deposit was required. Went in with no money in my pocket and drove away in a Freelander, can't say fairer than that. Do not know what the interest was at the time but will be going with my monthly instalment tomorrow and will ask how much for a final payment - just in case anyone wants a good car at a fair price!



By the way, this is not like the UK, if you miss the payment by a week or so and have been a regular payer then they are not that worried about it. Because I only go once a month and sometimes I am up to ten days late, they do understand and there is no hassle at all - good people to deal with! Go talk to them, its not as hard as you think.

karamany


Joined: 12/04/2008
Posts: 218

Message Posted:
26/08/2009 10:52

Hi Wado. You mean changer motors in Nicosia, !!!



Can you give me any idea about how much you had paid upfront,and how much you are paying monthly.

TigaTrading


Joined: 25/06/2009
Posts: 186

Message Posted:
26/08/2009 12:34

Hi Pacos,



our email is info@tigatrading.com and you can visit our website @ http://www.tigatrading.com to see the serices we provide and the vehicles we have available for sale.



Best Regards

Hugh

Norman1


Joined: 23/08/2009
Posts: 11

Message Posted:
29/08/2009 21:22

Hi Waddo,

If you don't mind me asking, why is the Freelander the wrong car for you?

I'm just curious, wether it would be the wrong car for me.

waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
29/08/2009 21:41

Norman1,

Honesty time again I see. I spent 25 years in the military and a lot of that time was driving around in Land Rovers, not that it should be a problem but I ended up hating anything that said ROVER on it anyway. There is nothing wrong with Freelanders or Disco's (now they have cured the leaky windscreens) or even Range Rovers (if you like a spongy ride) and the pedigree is good on all of them.

It is not because it is the K series engine either, this one has been cured of that particular manufacturers fault (at a cost of £1,000.00) and is a sound as a pound used to be.



The real reasons are that it has a gear lever and it is not a Pajero!!! We had our hearts et on a LWB Auto Pajero for our retirement and we got talked into the Freelander. That's it, no suspisious or under handed motives - it don't say Mitsubishi on the front and we don't like manual gearboxes - what more can I say?

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
30/08/2009 10:48

waddo,You must be every salesmans dream customer.You wanted a Pajero auto and came away with freelander manual!! Only kidding,dont take offence.

waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
30/08/2009 11:35

rigsby,

No offence taken. But have to admit that a Freelander is better than walking - no offence to any other Freelander drivers either. It was a bit of a case of the rock and the hard place at the time and we thought we did not have any other options - if only I had known better - 20/20 hindsight wanted, any offers?

rigsby


Joined: 21/09/2007
Posts: 912

Message Posted:
03/09/2009 12:21

Man who has not made a mistake has not been born yet.I also foolishly brought a motorcycle into TRNC because i could not wait 4 months for a new one,it took 3 months to get it brought from u/k and paid 84% tax on it.So waddo you are not alone.Good luck with the sale.

ClaireCat44



Joined: 17/09/2008
Posts: 739

Message Posted:
03/09/2009 13:24

I bought my Citroen C3 with a loan from Seker Bank. 60 months installments (5 years). No initial downpayment.