For residents intending to live and work on-Island for anywhere from one to four years, leasing may be a better option. Some banks do not give credit within your first year on Cayman and this can pose a problem when wanting to purchase a car with credit.
There are a few companies that can help. If you are thinking of leasing, we recommend you bring a letter from your insurer saying you have been claim free for five years or more so you can save up to 60% on your car insurance.
The leasing companies listed below will usually require your most recent credit report or a bank reference, a letter of employment saying how long your contract is for and your monthly salary, your driving licence and your passport. The following companies offer leasing:
An independent car dealer in the Cayman Islands that sells a wide range of new and pre-owned vehicles, providing long and short-term leasing options.
Swift Auto Leasing
Swift Auto Leasing was established in December 2013 with the goal of providing new residents to the Cayman Islands with an affordable vehicle leasing option. Lease for short or long term, the decision is yours. Our vehicles are reliable, fuel efficient and compact which makes them the perfect island transportation. Don't be rushed into buying, take your time. Lease until you have decided what is best for you.