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My residence visa is too short to finance a car

What are the alternatives?

Toytown Germany > Discussion forum > Germany-wide > Finance
saeedahmad1981
Hi,

I have to buy a car on financing but i dont have enough visa (6 month valid), after 4-5 months i'll get a longer visa, but till that i can't live without a car as i've two little kids. Can someone suggest what shall i do in this case? My wife is German but she is not doing any work.

Any alternatives, advices...??

Many thanks
Janx Spirit
Maybe try leasing?
saeedahmad1981
I think its same with Leasing and Financing.

Leasing is not good for me.
Timmeh
Buy a cheap run around until you get everything else you need organised?
saeedahmad1981
Yup, if there are no alternatives, then i've to go this way.

thanks for first option.
dino_9876
Any chance to get a letter from your company stating that you will get a longer permit in 4 months ?
saeedahmad1981
I'll ask my boss about that!
Owain Glyndwr
you can also try getting a 6-month lease car from Sixt. The rates are hefty but if is your only option...
saeedahmad1981
Actually i want to invest something for next 6 months considering that i'll get back something after this period, for example if i am buying a cheap car for 1500 euros then i should get back atleast 1200, when i try to sell it.

Do you have some idea how much it will cost to lease a car from Sixt or hertz? any quick idea?

Thanks.
dino_9876
Check this out.

http://www.sixt.de/leasing/
parnell
QUOTE (saeedahmad1981 @ Jan 14 2008, 1:52 pm) *
My wife is German but she is not doing any work.

Any alternatives, advices...??

Many thanks

The answer is in the question.
Kay
His wife can probably go out to work if you look after the "two little kids" mentioned in the original post.
saeedahmad1981
QUOTE (dino_9876 @ Jan 14 2008, 2:53 pm) *

thanks dino.
Starshollow
If you buy the cheap car as intermediate solution from a private person and not a dealer you can get probably hand in this old car as downpayment for a new car (financing or leasing, whatever makes more sense tax-wise for you) without much loss. If you buy from a dealer you will at least loose the profit the dealer has computed into the sales-price...

Cheerio
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