Can I use credit score in another country?
I want to buy a new car in Mexico but I only have a built credit in the USA, is there I way I can get financed?
- ?Lv 71 month ago
Why would you have to get it financed? If it's in Mexico it's probably like $500.
- Anonymous1 month ago
They have their own methods.
While financing is possible in Mexico, it usually comes with high interest rates that can really add up over time. If possible, plan ahead and save so you can pay for your car in cash or using a credit card. Most car dealerships will also help you register your car with the local authorities.
Cars are more expensive in Mexico. That's why they ask you to pay a deposit when you take an American car to Mexico. ... They are more expensive because we pay 16% tax on cars.