blog:Auto Loan Archives | Car Nation Canada Direct
How To Get Out Of a Car Loan: 5 Possible Options
If your circumstances have changed and you’re about to face an unaffordable car loan payment, you have options. Just make sure that whatever option you choose, you take action before you miss a payment! Just what options are open to you if you are trying to get out of a car loan? You […]
First Time Car Loans: How To Make The Process Quick & Easy
Are you ready to take the exciting step of owning your first car? It's a milestone that marks independence and convenience. However, for most first-time car buyers, there's a financial aspect to consider: securing a car loan. While there are various financing options available, let's delve into the details of a first-time car loan and […]
Selling a Financed Car in Canada: It's Easier Than You Think
If you want to sell your car, you’ll need to settle any finance you have on it first. That’s especially true if selling privately but however you sell the car, finance will need to be settled at the time or before, otherwise, you don’t have legal title to sell it. We asked our London […]
Buying a Car after Repossession: Everything you Need to Know
Life can throw unexpected challenges our way, and one such challenge is the unfortunate event of car repossession. While the experience can be daunting, it's important to remember that it's not the end of the road. In Canada, there are several avenues you can explore to get back on track and purchase a car […]
Trade In Vs. Down Payment On a Car: What's The Better Option?
When it comes to purchasing a new or used car in Canada, many buyers face the decision of how to finance their purchase effectively. Among the various options available, two primary methods are trade-in vs down payment. Both approaches have their advantages and considerations, and understanding them can help you make an informed decision. […]
What's the Best Car Loan Length? All Your Questions Answered
Are you about to get a loan for a new car? Something that’s going to come up in conversation is the “loan term”. You may be willing to just leave it at whatever the dealer proposes but be careful! Because the loan term is actually one of the most important factors in negotiations and In […]
What's The Longest You Can Finance a Car Loan In Canada?
With cars becoming more expensive all the time, we are all having to borrow more to pay for them. That means either higher monthly payments or longer terms. Many of our customers choose the longer term, but how long can a car loan be for? What’s the maximum car loan length in Lincoln, Ontario? […]
Car Loans For Teenagers: Is It Possible to Get Approved?
You can begin driving from age 16 in Canada but can you actually get a car loan as a teenager? When can you buy your first car? These are questions our Stoney Creek car loan team fielded yesterday with an excited teenager who had just got their G2 licence. Getting your driver’s licence is […]
Should You Buy a Car With Cash? Helping You Decide
If you buy a car with cash, it sure has benefits but may not be the perfect option for your situation. Auto loans in Paris may be a financial burden but they can also help out in certain situations. This is another of those questions we cannot answer directly as too much depends on […]
84 Month Car Loans: Smart Move Or Financial Burden?
In recent years, 84-month car loans have become increasingly popular among car buyers. These extended loan terms promise lower monthly payments, making expensive vehicles seem more affordable. However, with the allure of lower payments comes a potential financial risk. In this article, we delve into the controversial topic of 84-month car loans, exploring the […]