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Can I get a car with Leaseplan being an expat?

AskCategory: MiscCan I get a car with Leaseplan being an expat?
Sergey asked 5 years ago

I am from the Ukraine and moved to Portugal (via New York via Barcelona) last month and I want a car. I see pretty cheap leases via Leaseplan which would fit my budget. I do not fully have residency yet but almost done with that and I do not have a NIF (almost done with that also). Am I eligible?

1 Answers
Antonio Evans Staff answered 5 years ago

Hey Sergey,

I actually reached out to Leaseplan about a year ago. The one in Portugal does speak english but barely fyi. So yes you would need a NIF and be a resident. You cannot do it as a foreigner. On top of that you would need a Portuguese bank account.

From some of my research you can find a cheaper deal going to a used car lot and getting a car minus the vat on a leaseplan type deal. Also you can go to your Portuguese Bank once you have it and they have lease financing plans.

For me it's cheaper to rent a car then Leaseplan or even buy a used car. The VAT is amazingly expensive and Portugal one of the most expensive places in Europe to buy. Keep that in mind as you shop around.