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Car Finance

lieutenentdan087

Full Member
Aug 4, 2009
35
2
Hi I am here on a TFW work permit and I have applied for PR. Does anyone know if you can get finance on a vechicle before I get my PR? I have a fulltime job with good earnings. I just thought I'd post the topic before I try to apply for finance somewhere. I do have my boss as a possible co-signer, Would this make a difference or help in any way?? I am in Vancouver by the way, So if anyone knows of any finance companies that will provide a loan to a TFW for a car please let me know.
Thanks guys!!
 

angelbrat

Hero Member
Oct 31, 2009
857
76
Not sure but I had one hell of a job getting a Credit Card.

With your boss as co signer, I believe that would make a huge difference.

It took me 3 years banking with the same bank and becoming a PR before they gave me a 2000 limit Credit Card.
 

lieutenentdan087

Full Member
Aug 4, 2009
35
2
Wow that's a long time! My bank told me about a secured credit card so I know I can get that if I need one, But they told me I had pretty much no chance of getting one before I had my PR. I just assumed it would be the same for the car finance, But I was hoping someone on here may have had similar experiences and could give some advice. My boss was more than willing to co sign for me but he didn't want to go through the whole application process if there's no point.
 

kelKel

Champion Member
Apr 8, 2010
1,296
63
Canada
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
06-10-2010
AOR Received.
17-11-2010
File Transfer...
04-11-2010
Interview........
Waived
Passport Req..
28-02-2011
LANDED..........
03-03-2011
You can get a car financed but only with a pirvate company. My boyfriend was only able to sign a lease with an astronomical % something like 13% or something insane :(
 

TheHal

Star Member
Sep 21, 2010
176
36
London/St. Thomas for now...
Category........
Visa Office......
Miss -->Buff -->Detroit
NOC Code......
2271
Job Offer........
Pre-Assessed..
App. Filed.......
27-10-2010
Doc's Request.
N/A
Med's Done....
26-10-2010
Interview........
none so far...
Passport Req..
03-06-2011
VISA ISSUED...
June 6th
LANDED..........
Will land 06 june
I got a car loan and a line of credit no problems...

Just have to show earrnings

Cheers
H.
 

lieutenentdan087

Full Member
Aug 4, 2009
35
2
Thanks for your replies guys. Where did you get your loan and line of credit? My employer said he will co sign for me but I have not got a reply from any finance company I tried online. Really appreciate any advice guy's!