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Posted

Heads Up for anyone looking for finance in similar situation

Just got finance in my own foreign name on a one year old saloon car in Pattaya No Work Permit

Total Process Took 2 working days

Vehicle Cost 600,000

Deposit 220,000

Finance wanted to see Bank Books, Condo Agreement and needed a Thai Person, used GF who isn't working

asked about my income but did not request any hard evidence.

Visited Condo and took pictures of me and GF together in Condo ;-)

Posted

Hi, answers to your question

1. Kiatnikin Bank

2. She needed her ID Card, House Papers but no salary slips required as she gets a small income from me

Posted

lets face it you are good risk, your either have 800,00 thb in the bank or an income of 65,000 thb +. it is good that finance companys are starting to wake up to this even if they mess you around a bit. i assume you have been in thailand a bit more than a week

Posted

Interesting, I looked up Kiatnikin Bank and they specialise in car financing as well as run car auctions on a regular basis

Posted

Interesting, I looked up Kiatnikin Bank and they specialise in car financing as well as run car auctions on a regular basis

yes auctions in Bangna and Udon if I had the spare cash I may have gone that route
Posted

I forget to confirm... Yes the Finance is in my name I am from the UK

With a Thai Gauranteer, standard finance deal.

Pretty much I guess in the past have always used the Thai name
Posted

Can i also ask what were the terms of the finance deal % interest paid over what period ?

Vehicle was 2011, Interest 3.5% over 4 years I could have opted between 1 - 5 years

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