Car loan without permanent residence?

[Mr Doricar]

[Mr Doricar]

Alternatively...If anyone can reccomend a non-car loan. i.e. just a cash loan for spending on whatever you like, then Ill just buy the car myself from the auctions. This would be my number 1 choice as Im sure that Id be able to beat any car shops price on any car.

[FG Lurker]

[quote="Mr Doricar"]After that I got the aaaah gomen nasai.

Anyone have any experience with this? I cant let my dreams die.....NEED M3 NEED M3 NEED 2.5 mil ]
I needed a guarantor for my first car loan as I wasn't a permanent resident. Second time 'round I had PR and no guarantor was required.

So, you can probably get a loan if you can get a guarantor. If not then it'll be an uphill battle I would guess. You probably want to avoid cash loans as the interest rates will be insane -- 25% or more.

[wuchan]

Ya, you usually need a cosigner if you don't have PR (even on a spouse visa). The ONLY way around it is if you have more than 5 million yen in the bank and make more than 10 million yen a year.

Can't Ms. Doricar or maybe even her pops hanko the application? If I don't have the cash, the item/loan goes under Ms. Wu.


Funny story, I recently went to the police station to have them try to probe my personal life over a speeding ticket. Since all the property in japan is under the missus name I technically don't have shit, just 6 man in the bank. This confused the cops quite a bit. They were perplexed by the number of recent stamps in my passport. I told them that I saved a lot of money in my home country before coming here and properly invested it. This pissed them off. They said "We CAN charge you with tax blah blah and deport you". I laughed and said "go ahead". In the end, five cops were lined up to say sorry as I walked out the door. Still have to pay a huge speeding fine tho.