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As soon as I get some experience regarding the above topic, I will publish an almanac and live off of the royalties

I would advise you to go for a mortgage purchase where you may have to pay around US$500 per month for 36 months for small Japanese/Korean 1300-1500cc Sedan.

After 3 years you could possibly hock it for about 25%-30% of its original cash price and get some money back on the investment

Thanks so much musicman. I will definitely take your advice into account, especially if I stay longer than a year or two. I heard though that it could be an additional pain trying to sell the car for a decent price as departure time is approaching.

What would you suggest for someone who's staying for a year or up to 2 years?

If you are staying for a year or two, you can even lease a car from various Rent a car companies on a long term basis and can easily get a good mid-sized car in that budget.

There are lots of famous dealers like Hanco, Avis, Budget, and even some local rent a cars as well.

slyshooter wrote:

If you are staying for a year or two, you can even lease a car from various Rent a car companies on a long term basis and can easily get a good mid-sized car in that budget.

There are lots of famous dealers like Hanco, Avis, Budget, and even some local rent a cars as well.

I second this thought as a lot of expats working in my company rented out a car on montly basis and some even leased them on yearly basis as well, within the Transportation Allowance they get and are happy

slyshooter wrote:

If you are staying for a year or two, you can even lease a car from various Rent a car companies on a long term basis and can easily get a good mid-sized car in that budget.

There are lots of famous dealers like Hanco, Avis, Budget, and even some local rent a cars as well.

hey slyshooter .

   How does it work if the breaks down or any kind of accidents . does it get very messy ?

khizz wrote:

slyshooter wrote:

If you are staying for a year or two, you can even lease a car from various Rent a car companies on a long term basis and can easily get a good mid-sized car in that budget.

There are lots of famous dealers like Hanco, Avis, Budget, and even some local rent a cars as well.

hey slyshooter .

   How does it work if the breaks down or any kind of accidents . does it get very messy ?

The person who has taken the car for lease should be solely responsible for wtever happend when he is using it.

The last thing you need out here is a small car.

Plenty of dealerships will do a lease arrangement with no money down.

MaserMan wrote:

The last thing you need out here is a small car.

Plenty of dealerships will do a lease arrangement with no money down.

Is this due to safety reasons mainly, or due to fact that the local traffic authorities are treating drivers based on the model and make of the car you are driving, something I've been reading about on this forum? So anyway, what do you think would be the type of car I can afford for about 500-600 USD monthly transportation allowance?

As regards no-money-down deals, will that result in more unfavorable lease terms, i.e. a higher monthly bill and the like?

g100f wrote:

MaserMan wrote:

The last thing you need out here is a small car.

Is this due to safety reasons mainly, or due to fact that the local traffic authorities are treating drivers based on the model and make of the car you are driving, something I've been reading about on this forum?

This place has the highest rate of traffic fatalities in the world.  Rent a HUMMER, if you can!