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stephandmuz

Canadian vehicle loan...

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Filed: K-1 Visa Country: Canada
Timeline

Being that my fiance will have no credit in the U.S. when he arrives, we were wondering if he could (take out a loan) in canada for a vehicle before he enters the States. Is this possible? We have heard that a person can not have a lein on a vehicle if driving it across the border. Is this true? If not, how would we go about making payments from the U.S.?

Any info will be appreciated.

Thanks

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Filed: Citizen (apr) Country: Canada
Timeline
Being that my fiance will have no credit in the U.S. when he arrives, we were wondering if he could (take out a loan) in canada for a vehicle before he enters the States. Is this possible? We have heard that a person can not have a lein on a vehicle if driving it across the border. Is this true? If not, how would we go about making payments from the U.S.?

Any info will be appreciated.

Thanks

That's my understanding... A simple phone call to the lender thought might help! I called Honda Finance in Canada and they told me that there was no way I could take my car across the border with a lein on it.. and no way to transfer to Honda Finance USA. Unless he could get an unsecured loan on a cheaper car! :)


AOS:

2007-02-22: Sent AOS /EAD

2007-03-06 : NOA1 AOS /EAD

2007-03-28: Transferred to CSC

2007-05-17: EAD Card Production Ordered

2007-05-21: I485 Approved

2007-05-24: EAD Card Received

2007-06-01: Green Card Received!!

Removal of Conditions:

2009-02-27: Sent I-751

2009-03-07: NOA I-751

2009-03-31: Biometrics Appt. Hartford

2009-07-21: Touched (first time since biometrics) Perhaps address change?

2009-07-28: Approved at VSC

2009-08-25: Received card in the mail

Naturalization

2012-08-20: Submitted N-400

2013-01-18: Became Citizen

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Filed: K-1 Visa Country: Canada
Timeline
Being that my fiance will have no credit in the U.S. when he arrives, we were wondering if he could (take out a loan) in canada for a vehicle before he enters the States. Is this possible? We have heard that a person can not have a lein on a vehicle if driving it across the border. Is this true? If not, how would we go about making payments from the U.S.?

Any info will be appreciated.

Thanks

That's my understanding... A simple phone call to the lender thought might help! I called Honda Finance in Canada and they told me that there was no way I could take my car across the border with a lein on it.. and no way to transfer to Honda Finance USA. Unless he could get an unsecured loan on a cheaper car! :)

I wanted to get imput here first, as I always do before investigating further. Yeah, calling a lender in Canada will be the next step. Thanks for the info. Much appreciated. :)

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Filed: AOS (apr) Country: Chile
Timeline

Besides the lien issue, you might want to check on the U.S. importation of the vehicle, registration of the Canadian car, etc. My recommendation would be to avoid bringing a car, if at all possible.


My blog

10/01/2005: Married in Toronto

02/15/2006: Began Canadian Immigration

09/19/2007: Withdrew CIC application (they still hadn't processed anything)

10/01/2007: Moved back to U.S.

----------------------------------------------------------------------------------

IR-1 application through Montreal Consulate

10/26/2007: I-130 mailed to CA Service Center

10/29/2007: USPS confirmation of receipt of I-130

02/13/2008: NOA-1 received (107 days)

07/02/2008: I-130 approved

07/22/2008: AOS filed including EAD and AP

07/25/2008: NOA-1s for all 3 received

08/20/2008: Biometrics appointment

08/22/2008: Received RFE for Affadivit of Support and Medical

10/21/2008: Submitted I-865W in lieu of co-sponsor and medical info to NSC

11/14/2008: online case status not updated since filing of AOS in July 2008

01/20/2009: Received another RFE for Affadavit of Support Info

02/02/2009: Responded to RFE with brand new AOS based on 2008 tax return (if that doesn't shut them up, dunno what will)

02/19/2009: EAD card received in mail (no updates on Online Case Status ever made)

02/23/2009: AP received (again, no online updates)

02/26/2009: Received interview appointment letter for 4/6/09

04/06/2009: AOS approved for unconditional GC

04/21/2009: GC received

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Filed: Citizen (apr) Country: Canada
Timeline
Besides the lien issue, you might want to check on the U.S. importation of the vehicle, registration of the Canadian car, etc. My recommendation would be to avoid bringing a car, if at all possible.

YEP add insurance to that list as well... :P


AOS:

2007-02-22: Sent AOS /EAD

2007-03-06 : NOA1 AOS /EAD

2007-03-28: Transferred to CSC

2007-05-17: EAD Card Production Ordered

2007-05-21: I485 Approved

2007-05-24: EAD Card Received

2007-06-01: Green Card Received!!

Removal of Conditions:

2009-02-27: Sent I-751

2009-03-07: NOA I-751

2009-03-31: Biometrics Appt. Hartford

2009-07-21: Touched (first time since biometrics) Perhaps address change?

2009-07-28: Approved at VSC

2009-08-25: Received card in the mail

Naturalization

2012-08-20: Submitted N-400

2013-01-18: Became Citizen

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Filed: Timeline

Honestly, you're better off purchasing the vehicle in the US. They are so much cheaper here. We just bought a Nissan in November. In order to get the 2.9% financing the dealer just called someone at Nissan Canada for a copy of my credit report. He said it wasn't a problem.

I also imported a car from Canada. It's not that big of a deal. But I didn't have any liens against it so I have no idea how that impacts importation. I believe there is someone on the board who did have a lien, and all they did is continue to make their car payments from here. One other thing to note.... if the car is purchased within a certain period of time prior to importation (I think it's one year) you are subject to import duty. Anything older than that and it's not a problem.


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Filed: K-1 Visa Country: Canada
Timeline
Honestly, you're better off purchasing the vehicle in the US. They are so much cheaper here. We just bought a Nissan in November. In order to get the 2.9% financing the dealer just called someone at Nissan Canada for a copy of my credit report. He said it wasn't a problem.

I also imported a car from Canada. It's not that big of a deal. But I didn't have any liens against it so I have no idea how that impacts importation. I believe there is someone on the board who did have a lien, and all they did is continue to make their car payments from here. One other thing to note.... if the car is purchased within a certain period of time prior to importation (I think it's one year) you are subject to import duty. Anything older than that and it's not a problem.

Thanks Krikit...

Did you get the car in your name alone or was your so name on the loan also? My fiances credit is perfect in canada, and we too also thought about having a dealership just pull his credit report, but we are worried about him not having a job for at least 3 months after he enters the country. Do you think that him not having a job will make a difference when trying to get a car loan?

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Filed: Timeline
Did you get the car in your name alone or was your so name on the loan also? My fiances credit is perfect in canada, and we too also thought about having a dealership just pull his credit report, but we are worried about him not having a job for at least 3 months after he enters the country. Do you think that him not having a job will make a difference when trying to get a car loan?

Him not having a job doesn't matter (I don't have one, either). As long as your finances show you are able to carry the debt you are good to go. :thumbs:


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Filed: Citizen (apr) Country: Canada
Timeline

1 year is correct. I imported my BMW and because it was just outside a year, import free. Hooray!


Current Status
July, 2011 - US Citizen

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Filed: AOS (apr) Country: Canada
Timeline

Based on the price of cars and hassles you might have at the border. I would definetely recommend selling your car in Canada rather than importing it. Cars are cheaper in the US.


Oct. 15/07 K-1 Issued Vancouver, BC

Nov. 22/07 POE Blaine, WA

Dec. 7/07 Wedding

Dec. 14/07 AOS, AP, EAD received in Chicago, IL

Dec. 26/07 Received NOA in mail

Jan. 31/08 Biometrics appointment San Antonio done

Feb. 7 EAD and AP card production ordered.

Feb. 15 EAD card received

Feb. 15 AP approved documents received, they spelt my middle name incorrect. :(

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Filed: IR-1/CR-1 Visa Country: Canada
Timeline
Based on the price of cars and hassles you might have at the border. I would definetely recommend selling your car in Canada rather than importing it. Cars are cheaper in the US.

Unless you are driving because it can be a long walk :hehe:

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