Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Leasing with working visa
Hi
I am not sure if this is the right place to ask, but hope someone have an experience with it.
I am under working visa (H1B) expired in a little more than an year, and i will get greencard or renew visa for another 3 yr before current visa expired. I want to lease an audi (36month).
I have lived in USA for 10 year (7 yr study+3 year working), and have credit history for 5 year with current scored 784.
In California, will my immigration status even show up? I mean if they just check my driver license and credit scored, immigration status might not even appear right? i assume the only thing can indicate that is lack of credit history.
i know audi have foreign business professional program, but the program sounds like apply to people with really short credit history. I am asking because one dealer keep asking about my visa status and say MF is higher because i am international.
Anyway it short, here is my question.
1. Should i mention i am under working visa?
2. Can i only get lease for 1yr (based on my current visa expired date?) or 3yr like everyone else?
3. is my MF going to go up because immigration status? or just based on my credit scored.
4. Is above requirement dealership dependent or they are actually audi requirement?
thanks
I am not sure if this is the right place to ask, but hope someone have an experience with it.
I am under working visa (H1B) expired in a little more than an year, and i will get greencard or renew visa for another 3 yr before current visa expired. I want to lease an audi (36month).
I have lived in USA for 10 year (7 yr study+3 year working), and have credit history for 5 year with current scored 784.
In California, will my immigration status even show up? I mean if they just check my driver license and credit scored, immigration status might not even appear right? i assume the only thing can indicate that is lack of credit history.
i know audi have foreign business professional program, but the program sounds like apply to people with really short credit history. I am asking because one dealer keep asking about my visa status and say MF is higher because i am international.
Anyway it short, here is my question.
1. Should i mention i am under working visa?
2. Can i only get lease for 1yr (based on my current visa expired date?) or 3yr like everyone else?
3. is my MF going to go up because immigration status? or just based on my credit scored.
4. Is above requirement dealership dependent or they are actually audi requirement?
thanks
Tagged:
0
Comments
You probably won't be able to lease for longer than the expiration of your current visa, no matter how long you've been here, or how good your credit is. (take this with a grain of salt.. I really don't know for sure)
One year leases would be so expensive, that you probably wouldn't take one, if you could get it.
No idea on if your status affects the credit tier.
The rules are likely a requirement of the leasing bank, Audi Financial Services.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Here is the updated.
I able to get the lease car with 36 month/12k without any issue.
The dealer does not ask me about my visa at all, so it is really depend on the dealer.
I still get the tier 1 interest rate base on my credit scored.
I am not sure if they know i am under working visa, since i did not tell them that.
The dealer is LA.
thanks
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4