How to buy a car on credit in Thailand.
In this article I will answer the question: How to buy a car on credit in Thailand? Procedure buying a car on credit in Thailand It is very simple and will not take much of your time and effort. Before that, I wrote how to purchase a new car in Thailand for the full cost. Which, let's deal in order:
The list of documents needed to buy a car on credit in Thailand:
1. Passport with any visa. Types of visas in Thailand and the rules for their preparation you can study in these articles.
2. Help confirmation of residence in Thailand - Resident Certificate. A detailed description of the procedures for obtaining read the first article or here.
3. The money for a down payment (From up 20 50% of the car value).
4. Bank statement (copy of bank book, to certify the bank is not necessarily).
Terms of car loans in Thailand:
1. The term car loans in Thailand. In Thailand Auto loans are issued to drain from the 1 6 years.
2.The interest rate on auto loans. In Thailand, the interest rate on car loans for new cars is from the 3 4 percent up. What is certain is strongly stimulates people increasingly use the services of credit institutions and banks.
3. The initial contribution for auto loans: The size of the first installment depends on several factors, let's take a closer look at the presence of some documents which the minimum initial payment on the car loan you can get in Thailand.
- 50% of the car value - Standard offer for foreigners who wish to buy a car on credit in Thailand. In this case, you will be asked to provide a standard set of documents mentioned above. A positive answer you will receive during 1 days. When paying 50% of the cost of cars, you get 90% a positive response on the loan.
- from the 30 50 to percent of cars - In this case, you need to have Bank account opened in the Thai bank more than three months ago, the account balance must be equal to about half the amount you want to get a loan. It will be good if you will have annual visas. When these items to 90% you will get a positive response. Term of approval of the loan application It is 3- 5 days.
- From 15% of the car value - This option car loan It works not only for Thailand citizensBut also for Foreign nationals. However, in this case the requirements of the bank to the borrower more stringent. You must be Any annual visa (help in registration vyzy You can follow any responses to contact our specialists),in the Thai bank account must be opened more than 6 months back on your current account transactions must be carried out (Withdrawal, replenishment). You will need to surety 2 ThaisHowever if you havework-permit in some cases you will be able to do without the guarantee Thais, namely that if you have a good balance on the bank account and the company in which you are working to pay taxes on your wages.
The process of getting a car loan in Thailand:
1. Choosing a car.
2. definition car costGetting bonuses and discounts. (Described in the article: Buying a new car in Thailand).
3. entry refundable deposit 5 000 THB in cash avtodillera. Provision of copies of documents for obtaining auto loan.
4. Expectation Bank solutions, payment of an initial payment for the car, the signing of contracts on loans, car reception. As a rule a decision on the car loan the bank made within 5 working days. So you spend on car choice and delivery of all documents in the auto 2 hours of your time. Next you will have to wait the bank's decision during of the weekThen you will want to come to car showroom re to sign last documents, pay an initial fee и pick up the car.
Procedure for obtaining documents, rooms, car insurance purchased on credit in the territory of Thailand:
1. Rooms, insurance, copyBlue Beech (Blue Book) you get the same as in the case of buying a car for the full cost. OriginalBlue Beech (Blue Book) It will is pledged to the bank until you fully repay your loan payments.
Payments on the loan - payment / delay:
1. During 2 -3 weeks after you sign all documents and take your car from the car salon will give you the bank signed with the bank credit agreement, payment schedules, and plastic card. Arriving at any bank or shop 7 / 11 (SEVEN - Eleven), you simply show the card to the cashier and plastic You pay a regular monthly payment. More nor any documents for the loan payment you do not need. Of course the checks to pay for the best kept until the repayment of the loan.
2. Do not pay on the loan: If you overdue loan payment more than one month the bank will charge you penalties and fines! The size of penalties and fines ridiculous, no one is going to drive you into debt. However, if you are past due payments on the loan for more than 3 months, the bank the right to seize your car, just in case, if you continue to pay the loan you will shift further to the costs of bad debts (This is not a very large sum).
In this you are to be congratulated! You have become the proud owner of own car in Thailand.
For accompaniment and registration of the transaction at
purchase - sale of cars in Thailand
you cann't contact our operators:
The cost of this service is 10 000 THB
Phones in Thailand:
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