International students in the United States may be able to get a car loan by meeting certain requirements and providing documentation to the lender. Here are a few steps that may be helpful:
International students may need to establish a credit history in the United States before applying for a car loan. This can be done by obtaining a credit card and making timely payments, or by becoming an authorized user on a credit card held by a parent or other relative.
Show proof of income:
International students will need to provide proof of income, such as a letter from their school or employer to the lender.
Provide proof of residency:
International students will need to provide proof of residency, such as a lease or utility bill, to the lender.
Provide a co-signer:
Some lenders may require an international student to have a co-signer, such as a parent or relative, to guarantee the loan.
Provide proof of student status:
International students will need to provide proof of student status, such as a student ID or letter from the school, to the lender
It’s worth noting that getting a car loan as an international student may be harder than for a citizen or permanent resident. It also depends on the lender, some may be more willing to work with international students than others.