What should I do if my lender won't let me ship my car overseas to Germany, even if I'm deployed?
"I'm in the Army, and I just got notice I'm being deployed to Germany. I want to take my car with me, but the lender won't allow it.
What are my options?"
“Most lenders won’t let you take a financed car overseas simply because they have zero recourse or ability to repossess the car if you stop making payments.
Essentially, you have three options:
- Give the vehicle to a trusted friend or family member and continue to make the payments until you get back to the U.S.
- Sell the car, pay off the loan, and buy a vehicle in Germany.
- Find out if you can get a German lender to take over the loan.
One of these options should work for your needs. Keep in mind that shipping a car to Europe is going to cost you thousands of dollars, so it might not be worth it. Weigh the pros and cons for your finances and for the sake of convenience.”
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Read advice from car experts at Jerry
Browse by topics
What others are asking
Why is car insurance so expensive in North Carolina?
I've moved from Pennsylvania to North Carolina. When I changed my address with Nationwide, my rates shot up. Should I change my coverage levels to save money? Why is it so much more expensive than what I'm paying now?
Apr 21, 2021
Should I wait until my credit score hits 700 before financing a vehicle?
"I have a credit score around 675, but it's been rising consistently as I pay off old debt. I want to get a car, and I was wondering if I should just wait until my credit score hits 700. Is this a savvy move?"
Jun 03, 2021
Is insuring a classic car cheaper or more expensive than insuring a modern car?
I'm considering buying my first classic car. Will it be cheaper or more expensive to insure than a modern car?
Feb 22, 2021