Read through our knowledge base to find answers to all your common car loan questions.
If I have past credit problems can you help me ?
Our finance sources provide offers to accommodate most credit profiles. Even with past problems, there is usually a solution for you.
Can I qualify for financing if this is my first vehicle purchase?
Many customers qualify for financing without a previous vehicle purchase. If a normal credit determination cannot be made based on your current credit history you may still qualify for other programs. You must have been employed for a minimum of three months and have a verifiable income to be considered.
What finance rate can i get?
Your finance rate depends on your past credit history, the model year of the vehicle you are buying and overall market conditions. In most cases, we can offer competitive rates from a variety of finance companies to fit nearly every budget and credit profile.
What documents do i need?
All buyers should have a valid province issued driver license and proof of current auto insurance. Proof of income may be required in the form of a recent pay stub or bank statements if a pay stub is not available. Additional documentation may be required depending on individual circumstances.
Will obtaining an auto loan help my credit?
All lenders that we deal with report to the credit bureau. Positive repayment history on an auto loan will go a long way in establishing or re establishing your credit history. A positive rating on a major installment loan such as a car loan would have a positive impact.