Hi all

 

I just move to Thailand 4 months ago..and i currently looking for car finance..been turn down by Mercedes Finance, Bmw Finance and Tbank..

 

I had a Thai Guarantor which is my friend...and i looking to pay 25% up front... My salary around 240K per month....

 

Will there specific bank / finance company will able to provide car finance for me?

 

 

Regards

 

Martin 

240,000 baht a month salary and you were turned down for finance, when the car companies will finance anyone, even thousands that cannot afford a car, as we saw in the government's first time car buying scam.

 

Must be more to this story...

30 minutes ago, bwpage3 said:

240,000 baht a month salary and you were turned down for finance, when the car companies will finance anyone, even thousands that cannot afford a car, as we saw in the government's first time car buying scam.

 

Must be more to this story...

They reject due to i dont have 6 months or more work experience in Thailand....i tried BMW Leasing, Mercedes Leasing and TBank....they both reject with same reason..

240k per month salary in times like this? Where/what do you work? Bodyguard for the De Beers family???? However, with a guaranteed salary like this I don't understand a) why they refuse you as a customer and b) why not save up a good percentage of your 240k MONTHLY and then buy a car paying all in cash????

14 minutes ago, Freigeist365 said:

240k per month salary in times like this? Where/what do you work? Bodyguard for the De Beers family???? However, with a guaranteed salary like this I don't understand a) why they refuse you as a customer and b) why not save up a good percentage of your 240k MONTHLY and then buy a car paying all in cash????

Because..the car worth 4.3M...which i dont think i will pay all at the time ....and they refuse due to i dont have 6 months work experiences in Thailand...

5 minutes ago, Martinxx0630 said:

Because..the car worth 4.3M...which i dont think i will pay all at the time ....and they refuse due to i dont have 6 months work experiences in Thailand...

Then rent first until you got your 6m experience. Really would like to know what your job is, as I am happy if I have left 500k per annum as profits being a business owner... 240k per month is sick, man! I mean - good for you and I am not jealous or something, but really would like to know which job can reel in that amount of dough in times like this??? Cheers, Freigeist

44 minutes ago, Freigeist365 said:

Then rent first until you got your 6m experience. Really would like to know what your job is, as I am happy if I have left 500k per annum as profits being a business owner... 240k per month is sick, man! I mean - good for you and I am not jealous or something, but really would like to know which job can reel in that amount of dough in times like this??? Cheers, Freigeist

 

I think many professional expats who are sent to Thailand will have salaries in that range.