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krez
Reacher
Joined: Apr 28, 2005
Posts: 339
Location: Shanghai
Status: Offline
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 Posted:
May 23, 2006 - 12:01 PM |
 
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| Post subject: Buying a car in SHanghai |
Does anyone here have any experience buying a car in Shanghai. Am looking to buy a local built Audi or BMW, but am getting conflicting information (as usual). Do foreigners have to pay 100% up front, or is there a possibility to pay a downpayment and then financing for the remaining amount? |
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karlmalone
Seeker
Joined: May 22, 2006
Posts: 52
Status: Offline
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May 23, 2006 - 12:46 PM |
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But I am expecting to rent a car. What is the pros and cons? |
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karlmalone
Seeker
Joined: May 22, 2006
Posts: 52
Status: Offline
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May 24, 2006 - 12:46 AM |
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anyone has any experience of renting a car in sh? |
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karlmalone
Seeker
Joined: May 22, 2006
Posts: 52
Status: Offline
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May 24, 2006 - 12:48 AM |
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anyone has any experience of renting a car in sh? |
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shanghaiceltic
Board Royalty
Joined: Sep 20, 2005
Posts: 7370
Location: Perth WA
Status: Offline
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| Posted:
May 24, 2006 - 06:09 AM |
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If you go through a dealer you might be able to get financing. The deposit is normally 30% in those cases.
I got a loan from my bank HSBC to buy my car here. Much less hassle. |
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I have parrallel bars at home, one for gin and one for whiskey |
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