Car finance

TheOneToBe

Hi I have job offer for Dublin and I am looking at relocating from Canada. I have car here which I would like to sell. My questions is once I get to Dublin how likely will I be able to buy a new car and get it financed? Are there different options that would give me different probability? What if I pay down payment of 10-30 % of a car? I do not need it right away but I would like to be able to get one with in 3-4 months…
Thanks…

BuffyBot

You may find it tough without having a credit record - so yes, do your banking for a couple of months to build up an initial pattern of responsibility. The good news is that car finance is easier to get as it is secured on the car, rather than it being unsecured personal lending. However, it's still not guaranteed to be available to you.

TheOneToBe

Thanks Buffy, I am trying to collect this information, since here in Canada I can take out a credit, but I would prefer to deal with Ireland.
Are there different options then leasing or financing?

cailinoBAC

If you are paying a large amount up front they are more likely to give it to you. They will want to see your bank statements, so maybe it's easiest to set up your bank account in the place you want to borrow from. They'll be able to see that there is money coming in every month. If you have a permanent job as opposed to contract, that will help too. I wouldn't say you'll have any problem.
Also, go directly to the bank for your loan. Don't go through the dealership.

TheOneToBe

Thanks, can someone suggest me some banks? I would be new to Ireland even my new company would help me out with all of this, but it would be nice to have some information upfront.
As for financial portions, I would have around 10 000 as down payment on 30 000+ used or new car. It would be probably after 3-4 months I start working.

BuffyBot

The main "big" banks are:

www.aib.ie
www.boi.ie
www.ulsterbank.com
www.nib.ie
www.permanenttsb.ie
www.halifax.ie

Have a look around their sites and see the different offerings

BuffyBot

The main "big" banks are:

www.aib.ie
www.boi.ie
www.ulsterbank.com
www.nib.ie
www.permanenttsb.ie
www.halifax.ie

Have a look around their sites and see the different offerings

TheOneToBe

Thanks Buffy I will