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by michel-slm 3376 days ago
I'm on a work visa here in the US, and I couldn't get financing on a Volt because GM Financial insisted on doing > 30 months lease on their hybrid cars (and my work visa expires before then, though it's likely to be renewed anyway).

Go figure. It's not like I can't afford the monthly payments.

2 comments

Did you talk to an independent leasing company? You don't have to lease via the automaker.

http://www.marketwatch.com/story/the-greatest-auto-lease-dea...

Will bear that in mind for next time, thanks! My other consideration is I am still trying to build a credit history, and don't really want more hard hits on my file than necessary...
Sheesh. When I bought a Prius (admittedly, 2007), I was here on a fiancee visa. Toyota Financial had no problem okaying a three year lease even though my visa was (technically) three months (but available for extension).
Ah, interesting. A colleague had a similar experience to me getting an Audi (his lease doesn't extend beyond the H-1B expiration) so I wonder if the regulation is tightened up by now.

Then again, maybe statistically people on fiancee visas are more likely to end up with permanent residency than people on H1B?