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Car leasing options for non-resident

post #1 of 2
1/11/12 at 6:15pm
Thread Starter 
So I've hired this UCLA student to do some things for me as I've gotten very busy. He is from Vancouver and is here on an F-1 Visa.

He found out he can't lease a car and needs a car to do some of the things I pay him 15hrs a week for. He's very reliable but I'm also not sure if I should co-sign any loans.

Does an international person have any options if they don't really have credit in the US? I don't want to let him go (he's been using his friend's car who has been out of town until now,) but I need someone who can run errands around the city.

Thanks for any advice
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post #2 of 2
1/12/12 at 6:50am
Quote:
Originally Posted by SField View Post

So I've hired this UCLA student to do some things for me as I've gotten very busy. He is from Vancouver and is here on an F-1 Visa.
He found out he can't lease a car and needs a car to do some of the things I pay him 15hrs a week for. He's very reliable but I'm also not sure if I should co-sign any loans.
Does an international person have any options if they don't really have credit in the US? I don't want to let him go (he's been using his friend's car who has been out of town until now,) but I need someone who can run errands around the city.
Thanks for any advice

Buy him a beater that you can sell for roughly the same amount after he/you're done with it. Some beaters seem to hold value well; hell I've had some friends buy beaters for $2400 and sell for $2800 a year and 10k miles later...

*edit* with no added work or repairs other than regular oil changes.
Edited by whiteslashasian - 1/12/12 at 7:32am
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