Benefits of Car Finance vs. Full Payment for Student Visa Holders 1. Preserve Your Cash / Funds Transfer Scheme (FTS) Keeping savings in your account supports financial stability, essential for visa renewals or future residency applications. Full payment can drastically reduce your visible bank balance. Financing helps keep your FTS or savings untouched by spreading

Taking pre-approval for car finance before going to a dealership is a smart move for several reasons. Here’s why it’s beneficial: 1. Know Your Budget 2. Stronger Negotiating Power 3. Avoid High Dealer Interest Rates 4. Faster Buying Process 5. Credit Protection 6. More Confidence In short: Pre-approval = Clarity + Confidence + Control It