Faeton Posted October 5, 2021 Share Posted October 5, 2021 Hello. I live in Thailand long time but have job outside thailand (so not have work permit). Stay by family visa and have thai child. Can i buy a used car with down payment about 30% and finance from bank / shop somewhere in Pattaya / Bangkok? 1 Link to comment Share on other sites More sharing options...
big dendrobenaes Posted October 5, 2021 Share Posted October 5, 2021 no 1 Link to comment Share on other sites More sharing options...
Moonlover Posted October 5, 2021 Share Posted October 5, 2021 You would need, at the very least some collateral, proof of income and a Thai guarantor. And like I say, at the very least. I rate your chances at next to zero from what you've said. 1 Link to comment Share on other sites More sharing options...
AgMech Cowboy Posted October 6, 2021 Share Posted October 6, 2021 Your wife 'might' be able to get the loan, if the bank/shop will accept your guaranty of the loan. Link to comment Share on other sites More sharing options...
Brick Top Posted October 6, 2021 Share Posted October 6, 2021 19 hours ago, big dendrobenaes said: no Incorrect , if your putting a down payment of 30% then no WP required and no gaurenture required Link to comment Share on other sites More sharing options...
Faeton Posted October 6, 2021 Author Share Posted October 6, 2021 39 minutes ago, Brick Top said: Incorrect , if your putting a down payment of 30% then no WP required and no gaurenture required Yes i read something like that also. Is it possible only for new car or used car also ? Link to comment Share on other sites More sharing options...
MrJ2U Posted October 6, 2021 Share Posted October 6, 2021 (edited) At the minimum you would need a work permit, work stubs for two years, and collateral being a foreigner. Banks Don't lend on used cars as a rule of thumb. Edited October 6, 2021 by MrJ2U Link to comment Share on other sites More sharing options...
big dendrobenaes Posted October 7, 2021 Share Posted October 7, 2021 On 10/5/2021 at 7:32 PM, Moonlover said: You would need, at the very least some collateral, proof of income and a Thai guarantor. And like I say, at the very least. I rate your chances at next to zero from what you've said. CORRECT Link to comment Share on other sites More sharing options...
CharlieH Posted October 7, 2021 Share Posted October 7, 2021 As always in Thailand things can vary wildly from place to place and region etc. In my experience with a deposit of 30% done in a Thai name, with good credit etc, there is little to no resistance on new or used. Link to comment Share on other sites More sharing options...
shady86 Posted October 7, 2021 Share Posted October 7, 2021 Not sure how much is the used car but I rather saved up until I can buy a used car with cash. Link to comment Share on other sites More sharing options...
CartagenaWarlock Posted October 7, 2021 Share Posted October 7, 2021 On 10/5/2021 at 7:20 AM, Faeton said: I live in Thailand long time but have job outside thailand (so not have work permit). Stay by family visa and have thai child. Can i buy a used car with down payment about 30% and finance from bank / shop somewhere in Pattaya / Bangkok? With the availability of multiple ride sharing apps (e.g grabs and bolts), I felt less and less need for a car unless you have a family. A motor bike can serve for quick run around in the back alleys to 7/11, laundromat if needed, or nere by places. Link to comment Share on other sites More sharing options...
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