blog:Auto Loan Archives | Car Nation Canada Direct
How to Sell Your Financed Car Easily in Canada

Selling your car to a dealership is a fast, painless way to raise some extra cash, make some money for a down payment or clear space for a new car. But what if you’re still paying a car loan on the car you want to sell? We asked our auto loans team to outline […]
Drive Your Payments Down: The Benefits of Car Loan Refinancing

Our auto loans department has been fielding a few calls over the past week or so around auto loan refinancing. It seems an upward trend with more queries than usual, which prompted this quick explainer post. We asked our auto loans team to explain refinancing a car loan. How it works, frequently asked questions, reasons […]
How to Find a Low Interest Car Loan

The auto financing sector is very competitive, with interest rates at all-time lows. Finding a low interest car loan has never been easier. Our goal is to provide you with a better understanding of how the auto financing industry works in Canada, and how you can leverage that knowledge to save money. Click Here to […]
Buying a Car When Retired in Canada: A Quick Guide

A question we are often asked is whether you can get car loans for retirees. The short answer is, yes you can. The longer answer, is well, longer. Your eligibility for an auto loan after you have retired depends on your income. If you have sufficient income from pensions or other sources, you should […]
Electric Car Loans in Canada

It’s an exciting time to be a car fan. Not only are there some superb standard-engine cars around, the era of electric motoring is upon us. There are now more electric cars than ever before available on our roads, which may lead some to wonder how to finance car loans for electric vehicles. If […]
Building Credit Score For New Immigrants to Canada

Canada welcomes thousands of new citizens every year and if you’re one of them, welcome! You’ll find our country friendly, welcoming and accepting of immigrants. Unfortunately when it comes to finances, you'll have to build credit score as a new Canadian immigrant all over again. If you follow these tips, it won’t take long […]
Guarantor Car Loans: Everything You Need to Know

The car loan landscape is much more varied and interesting than it once was. It, along with many other areas of finance, have caught up with the times and now offer more flexible products to suit a much wider set of circumstances. One such product is the guarantor car loan. So, what is it […]
7 Ways to Make Money With Your Car in Canada (With Ease)

If you’re having trouble paying your car loan payments, there are options to use the car to help make up the shortfall. In fact, you have a few options to make money driving your car. While they won’t work for everyone, if you need to make some extra cash, why not use your car […]
All The Types Of Car Loans in Canada

Looking for the best auto loans deals may be challenging. However, with a decent idea of the available auto loans and what they offer, you should be able to make an informed decision. Each loan comes with its differences in interest rate, method of financing, and so on. With that said, let's look at […]
What Is Loan to Value? All You Need To Know

When you’re researching auto loans, you will often come across the term ‘loan to value’. It’s used in every auto loan application and can influence whether you’re accepted for the loan or not. So, what is loan to value and what can you do about it? We asked our auto loan team to explain. […]