CAR FINANCING FOR NON-RESIDENT CAR LOAN FOR FOREIGNER
The car loan for foreigner is by definition a funding solution dedicated to any person of foreign nationality wishing to acquire a vehicle outside of her or his home country France thanks to a car financing agreement.
A car loan for non-resident foreigner is considered an assigned loan for a borrower a different citizenship as the lending party, in other words the financing is covered by the value of the vehicle in the event of non-payment of the loan.
Financing a vehicle for foreigners who are not residing in a country have the possibility of getting access to funding from car dealerships without having to go through the banks and also use another financing option that is called leasing for non-resident drivers.
A car loan for foreigners is also facing some restrictions when it is granted sometimes as some banks do not allow the foreign borrower to drive the financed car out of the territory of the lender.