Re: Buying, Owning, Driving and Maintaining a car in North America Quote:
Originally Posted by sids911 Hi friends!,
I will be moving to LA this mid month, and have some queries around Car ownership (what else? :-)) in California.
Just a bit of background before we go into details - I already have been to the US and stayed there for a couple of years. During that time I had owned a car (Accord V6) and had a Virginia License which expired in 2011 with my Visa.
Now I will be going back and will be going to California as I mentioned; Now the questions;
1. Can I get the Californian license based on the Virginia License that got expired in 2011? I have a Indian LMV+Motorcycle license now.
2. My estimated duration of staying in the US is going to be 3 years, however, my visa only has a validity till Nov 2013 (Company will be filing extension) - in the light of this, would it be a good deal to Lease or buy?
3. Which Credit Union I can apply loan for in LA area? (my Work location is El Segundo near LAX)
4. Is the loan duration tied with the visa validity duration?
I would be glad if anyone can respond me around these queries. Much Regards! |
Hey Welcome to LA. I'm guessing I know where you are going to be working. Are you going to stay around Hawthorne? I live around there(in Torrance) ![Big Grin](https://www.team-bhp.com/forum/images/smilies/biggrin.png)
Answering your queries..
1) You can get your license by writing the test and paying the DMV fees. Make sure you have your VA license handy. You can drive with your Indian License, but it all depends on the cops who catch you. Since you already have a license, it must be pretty easy to get CA one.
2) We have discussed in length bout lease few pages back. Lease is good option, but there are loads of cons to leasing like limited miles per year. Unless your company is paying I would stay away from lease.
3) There are lots of CU in LA, but I found DCU(dcu.org) to be giving good rates compared to the ones here. Also jus browse a few pages back, we had a good discussion on Loans.
4) No, when I approached for loan, I wasn't asked bout duration. So I'm hoping that it wouldn't be a hassle.
Last edited by kraft.wagen : 8th January 2013 at 19:58.
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