ExpatRide now offer expatriates in USA four different expat car
financing and expat car leasing options. The options make it easier
for expats to choose the financing option which fits their
assignment in the U.S. ExpatRide offers the broadest expat car
program in the U.S. Expats moving to USA can now choose their new
or used vehicle from any car dealership nationwide and combine it
with the expat auto loan option best for them.
No other company offers as wide a range of vehicles,
dealerships, pick-up and return locations and financing options.
Expat customers do not need a U.S. credit score to be approved for
any of the following new financing options offered to expats in the
U.S.
The four financing options are:
1. Open Ended Equity Lease program -
Tailored for the expat Technically a bank
loan with a residual value giving the customer the best and most
flexible financing solution. The "Open Ended Equity Lease" provides
the flexibility of a bank loan and the low monthly payments of a
lease. Early termination is possible and there are no wear and tear
penalties. This flexible lease option is usually only available to
businesses. Customers are responsible for the un-depreciated
amount, called the reduced book value (RBV), when the lease term
ends or if they exit the lease early. If our partner sells the
vehicle for more than the RBV at the end of the lease, the customer
gets to keep the difference. If we sell the vehicle for less, the
customer pays the difference.
2. The Closed End Lease Function the way
many customers perceive all leases to function: Customers are
restricted to a specific mileage and are charged a fee for every
mile over the contracted limit. Customers are also responsible for
any abnormal wear and tear, such as broken, dented, or damaged
items. They are also responsible for a cancellation fee if they
have to break the lease earlier than the term.
Important questions to ask before deciding for a "Closed End
Lease" is "How much will it cost me to break the lease at any time
during the lease term?"
3. Cash Purchase Program (Prepaid Lease)
With ExpatRide's Cash Purchase Program you are technically buying
cash, but gaining four major benefits you will not get with a
regular cash purchase: Personal Car Shopper service, only pay for
part of the car, build a U.S. credit score and assistance with
selling the car.
4. Traditional purchase finance (similar
to a regular bank loan) This option allows the expat to take
ownership of the vehicle at the end of the term.
ExpatRide's expat car lease program is tailored to expatriates
moving to the U.S. interested in car financing. "The expatriate car
financing program solves the challenges that many expats experience
daily in the U.S. when it comes to being approved for a car loan or
car lease. Especially after 2008, it has been very difficult for
foreign nationals to obtain credit," explains CEO & Founder of
ExpatRide Jesper Lovendahl.
This "No U.S. Credit Score Program" takes into consideration the
foreign individual's historic credit profile from former countries
of residence. This is very different from other financial programs
in the U.S. as they generally only give the person credit for their
U.S. assets and credit history.
ExpatRide does not require a U.S. credit
score or a U.S. Social Security Number and in most cases not even a
U.S. driver's license to deliver cars.
Personal Car Shopper Service (free
service): ExpatRide offers according to the customer's wishes
to search, find and negotiate the price and check the condition on
any type of vehicle nationwide. This ensures that the customer gets
a good price and vehicle in good condition (if pre-owned).
Insurance: Get competitively priced
insurance for new or used cars. No U.S. driver's license needed to
set up coverage.
Expat car financing video: Please watch
our 2-minute video explaining expat car financing in the U.S. at
ExpatRide.com or go to YouTube: http://youtu.be/Il0vpiUtoMA
Rental car program: Enterprise is known to
have the best car rental rates in the industry. We have negotiated
those rates and can offer two rate options -- one with Damage
Waiver and one without. From 1 day rentals to 12 months
rentals.
With ExpatRide, customers can choose new or pre-owned cars from
any car dealership nationwide. There are no limits to what makes or
models are available: Acura, Aston Martin, Audi, Bentley, BMW,
Buick, Cadillac, Chrysler, Dodge, Ferrari, Fisker, Ford, GMC,
Honda, Hummer, Hyundai, Infiniti, Jaguar, Jeep, Kia, Lamborghini,
Land Rover, Lexus, Lincoln, Lotus, Maserati, Maybach, Mazda,
Mercedes-Benz, Mercury, MINI, Mitsubishi, Nissan, Panoz, Fiat,
Pontiac, Porsche, Rolls-Royce, SAAB, Scion, Smart, Subaru, Suzuki,
Tesla, Toyota, Volkswagen and Volvo.
ExpatRide's services are available nationwide
in the following U.S. states: Alabama, Alaska, Arizona,
Arkansas, California, Colorado, Connecticut, Delaware, District of
Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa,
Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts,
Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico, New York, North
Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode
Island, South Carolina, South Dakota, Tennessee, Texas, Utah,
Vermont, Virginia, Washington, West Virginia, Wisconsin and
Wyoming.
About ExpatRide: ExpatRide is the
preferred supplier of many relocation and destination service
companies in North America -- a favorite amongst global mobility
divisions for corporate relocation and an international autosource.
ExpatRide is a preferred vendor on www.24expat.com, an expat
resource platform.
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For more information: ExpatRide Email: Email
Contact Website: www.ExpatRide.com Telephone: +1 (561)
922-8922