Car Leasing and Insurance for Expats in the USA - WEB

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NEW OR USED CARS Choose the car, make and model you want, and we will negotiate a good price for you with a dealer near you. INSURANCE Get a competitive insurance for your new or used car. No U.S. drivers license needed. OUR PARTNERS Car Leasing for Expats No credit score needed—For private and commercial Expats in USA can now get car and insurance without a credit score or U.S. drivers license Without a credit score it can be very difficult to obtain loans, leases and insurances in the U.S. Everyone moving to the U.S. for the first time will not have a credit score when entering the country. The only way to obtain a credit score is by having credit. Not having a credit score is usually equal to or worse than hav- ing bad credit. Lion International Leasing provides car lease and car insurance to indi- viduals or businesses with or without U.S. credit score. Lion can offer this service because we are a European company and we know how to evaluate expats on the terms that you are used to from back home. You can even order your car before moving to the U.S., and we will have it ready for your arrival at your desti- nation. Call +1 561 228 4030, E-mail [email protected] or Visit www.lion-leasing.com CAR LEASING OPTIONS US Office: 205 East 42nd Street, New York, NY 10017, USA Tel +1 561 228 4030 DK Office: Strandvejen 163, 2900 Hellerup, Denmark Tel +45 4587 7287

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Car Leasing / FinancingExpatriates living in the U.S. can now get car and insurance without a U.S. credit scoreCar leasing / financing options:NEW CARPick your car from any car dealership in the U.S. Or get your new car directly from the factory according to your wishes.USED CARChoose a used car from any dealership in the U.S. or online from our partners website.INSURANCEGet a competitive insurance for your new or used car. No U.S. drivers license needed or U.S. driving experience.

Transcript of Car Leasing and Insurance for Expats in the USA - WEB

Car Leasing for ExpatsNo credit score neededFor private and commercial

CAR LEASING OPTIONS NEW OR USED CARSChoose the car, make and model you want, and we will negotiate a good price for you with a dealer near you.

Expats in USA can now get car and insurance without a credit score or U.S. drivers licenseWithout a credit score it can be very difficult to obtain loans, leases and insurances in the U.S. Everyone moving to the U.S. for the first time will not have a credit score when entering the country. The only way to obtain a credit score is by having credit. Not having a credit score is You can even order your car before moving to the U.S., and we will have it ready for your arrival at your destination. Call +1 561 228 4030, E-mail [email protected] or Visit www.lion-leasing.com Lion can offer this service because we are a European company and we know how to evaluate expats on the terms that you are used to from back home.

INSURANCEGet a competitive insurance for your new or used car. No U.S. drivers license needed.

OUR PARTNERS

usually equal to or worse than having bad credit. Lion International Leasing provides car lease and car insurance to individuals or businesses with or without U.S. credit score.

US Office: 205 East 42nd Street, New York, NY 10017, USA Tel +1 561 228 4030 DK Office: Strandvejen 163, 2900 Hellerup, Denmark Tel +45 4587 7287

BENEFITS ASSOCIATED WITH FINANCING THROUGH LION INT.

Benefits Associated with Financing through Lion Int.No hassle car leasing and financing Leasing / finance program available in all of the U.S. 7 to 9 days from application approval to funding Lease / finance period from 12 to 60 months Minimum finance amount is $ 15,000 New and used cars can be financed Car maintenance program Insurance with AIG (No U.S. drivers license needed) and we will transfer your driving history to the U.S. You will build a U.S. credit history, since Enterprise reports to the major U.S. credit bureaus For vehicle leases or purchases you have 3 options: Inform us about what type of make and model you want, and Enterprise will locate and negotiate pricing for you with a dealer close to your location. Enterprise can in most cases get better pricing, as they are one of the largest buyers of vehicles in the U.S. Order a new vehicle customized directly from the factory. This will give you a larger discount on the car. Note: waiting period can be 3 to 6 months. Find a vehicle on your own at a local dealership, Enterprise purchases the vehicle for the member and leases/ finances it directly to them. (Note: no negotiation help) The following information is required to apply: Completed lease / finance application Copy of passport with photo and visa stamp Copy of valid drivers license Employment contract stating salary, term and benefits Proof of U.S. residence (i.e. lease agreement or corporate housing)Financial Terms & Conditions

Interest rate is between 6.25% to 8.5% and is subject to individual credit review No down-payment or a minimal down payment may be required on all lease or finance agreements subject to your credit review You can choose to own the vehicle at the end of the lease by paying the residual value on the vehicle First lease/finance payment consists of: Lease inception fee $995 (per vehicle) Initial administration fee $75 (per vehicle) Monthly management fee is subject to credit review Pro rated portion of current months monthly payment First full months lease/finance payment Registration fees (taxes and plate)

6 easy steps to getting your vehicle and moreStep 1 Step 2 Step 3 Contact Lion Int. Leasing +1 561 228 4030 - [email protected] for an initial program overview. Lion Int. will take you through the process of getting a vehicle. Decide on one or more vehicles that you are interested in, and note the following information: New or used, make, model, year, and desired finance terms (12-60 months). This information will helpful in the next steps. To get a customized quote tailored to your needs and credit profile you will need to provide the following information: 1. A copy of your passport and work Visa 2. A copy of your employment letter specific to your U.S. relocation 3. A completed application with as much information as possible. Note that this application is not in any way binding. 4. Any potential guarantee from your employer regarding a leased vehicle (Only if available) Our partner Enterprise will locate and negotiate a price on the desired vehicle on your behalf with a dealer located near you. They will then contact you with a quote for the lease / finance and go through the terms and conditions with you. Step 4 Step 5 Step 6 When you have decided on the vehicle and finance terms, contact Lion Int. and we will help you obtain a quote for an auto insurance. When the auto insurance is finalized, Enterprise will make arrangements for payment of the vehicle to the car dealership and confirm delivery time with you. Now it is time to pick up your vehicle at the dealership. The vehicle will normally be ready for pick up 1 business day after approval from Enterprise and AIG.

US Office: 205 East 42nd Street, New York, NY 10017, USA Tel +1 561 228 4030 DK Office: Strandvejen 163, 2900 Hellerup, Denmark Tel +45 4587 7287

BENEFITS OF LEASING WITH ENTERPRISE

FAQs For Car Leasing And Financing With Enterprise.What is Enterprise Fleet Management? Fleet Management is a division of Enterprise Rent-ACar and has been providing leasing solutions to their customers since 1957. Through the combined efforts of their national rental and leasing fleet, they manage more than 1 million vehicles. What services does Enterprise provide? Enterprise is able to acquire vehicles, regardless of make or model. They will handle all of your license and registration needs. In addition, Enterprise can enroll you in a budgetable maintenance program to make sure that your vehicle is properly maintained. When youre ready to sell, Enterprise will use every channel to ensure that you get top value in the resale market. An Open-end lease is closer to traditional financing. The lease rate is based on the amount of miles and the length of time the vehicle will be operated, however there or no mileage or wear and tear restrictions. The vehicle is funded and depreciated over the term, but unlike financing where the amount owed in the end is zero, the open-end lease keeps a residual value. This value is based on the estimated resale value of the vehicle. Your monthly payments are typically lower than with financing. This is a good lease type for drivers who need to have a flexible lease structure and want to avoid mileage penalties. Can I terminate my contract early? Situations will vary: With an Open-end Lease there are no early termination penalties, but the lessee is responsible for the reduced book value of the vehicle. The lessee will receive any gain associated with the resale of the vehicle. If the vehicle can not be sold for the reduced book value, the lessee would be responsible for any shortfall. How is the monthly payment calculated? It is calculated based on several factors, including the term of the lease, the delivered price, and the vehicles projected value at the end of your lease. A capitalized price reduction, similar to a down payment, can help reduce your monthly payment. Finance charges and sales tax will also be included in your monthly payment. What is a Credit Score? Your credit score is a measure of your credit worthiness used by credit institutes, insurance companies, phone companies, landlords etc. to determine whether you are eligible for credit. Your credit score can range anywhere from 350 to 850. Will I build a U.S. credit history as an Enterprise customer? Yes, Enterprise will report your credit history to the U.S. credit bureaus.

For more information on how to lease your U.S. vehicle today, contact Lion Leasing: +1 212 297-5792 [email protected] www.lion-leasing.com

2009 Enterprise Rent-A-Car Company. 908097 01/09 MJ

BENEFITS ASSOCIATED WITH THE INSURANCE PROGRAM

Automobile Insurance For ExpatriatesNo hassle auto insurance No U.S. drivers license needed Receive Credit for foreign driving experience Premium rates are very competitive Auto insurance in the U.S. Our partner AIG is able to provide you with an auto insurance quote and policy taking into account your foreign driving history. Spouses can be listed jointly on the policy. Auto insurance premiums in the U.S. are based on, among other criteria, the drivers age, sex, marital status, zip code, driving record and past accident history. As an expatriate newly arrived in the U.S., you most likely have neither a U.S. driving record nor U.S. credit history. As such, insurance companies may consider you to be a new driver, having no record upon which to base their premium. This translates to higher rates for you, as opposed to a U.S. citizen with a similar background. How it works Through the AIG Inbound USA Program, designed exclusively for foreign nationals moving to the United States, Lion Int. can provide you with an auto insurance quote or policy taking into account your foreign driving history. This allows you to receive rates in accordance with your driving experience. We will ask you a series of questions. These will include the date you first received your drivers license, and your past accident or violation history. No documentation is required except for coverage in the state of Massachusetts. The auto insurance policy includes Roadside Assistance at no additional cost. The policy will start at 12:01 midnight the day you need the policy. To ensure an efficient start to your policy, plan ahead two days prior to the day you require such insurance to commence. Getting a quote In order for us to get you a precise quote, you will need to have specific information available including the year, make and model of the vehicle, as well as your drivers license number (U.S. or international) and that of any family member listed on the policy. The premium can fluctuate if you do not have a vehicle identification number (VIN). Also included in the program are the following: U.S. Driver's License and Social Security Application Help Utility Setup Assistance 24-Hour Emergency Translation Personal security services from red24, a leading global security consultancy. Accidental Death & Dismemberment Coverage Medical Evacuation Services Repatriation of Remains Coverage Personal Internet Identity Coverage Worldwide Assistance Services Membership also provides access to: Insurance Services Accident & Sickness Medical Insurance Automobile Insurance Personal Umbrella Liability Coverage U.S. Homeowner's Insurance or Personal Property & Effects Coverage (Renters) Life Insurance Financial Services Credit Cards and banking Foreign Currency Exchange Annuities General Support Services Mobile Phone Services Identity Guard Credit Protection Pet Transport Membership cost is US$ 400

For more information on how to get an auto insurance, contact Lion Int. Leasing: +1 561 228 4030 [email protected] www.lion-leasing.com