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Upside Down Car Loan in Canada: 5 Things You Can Do Next
Nobody wants to be upside down on a car loan but it isn’t a big deal unless you’re planning to sell the car or trade it in. Most new car purchases will involve being upside down for a little while but then things quickly even out. If your situation has changed and you need to […]
How to Save Money For a Down Payment On a Car: 11 Easy Tips
A down payment is an essential part of every car loan. It helps improve your chances of being accepted, lowers the amount you have to borrow and shows lenders you’re serious about the loan. But what happens if you struggle to save for one? That’s what our auto loan team is tackling today. They […]
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 […]
Behind On Car Payments in Canada: Everything You Need to Know
It’s a situation that nobody wants to be in but many people are. Many through no fault of their own. If you’re facing missing or are falling behind on car loan payments, what’s going to happen? Nothing to begin with but that’s no reason to not take action. Here's everything you need to know […]
Buying a New Or Used Car: Our Must-Know Pros & Cons List
When it comes to purchasing a vehicle in Canada, one of the most significant decisions you'll face is whether to buy a new or used car. Each option has its own set of advantages and disadvantages, and understanding these factors can help you make an informed choice that aligns with your budget, preferences, and […]
Financing a Car Loan With Poor Credit Score: Easy Approval
Having bad credit can limit your car buying options. Most people don't have the cash to buy a vehicle outright, so they need financing. Lenders have become more conservative with their car loan underwriting, so your credit score plays a crucial role in whether you are classified as prime or subprime. Here's how to […]
Financing a Car Lease Buyout in Canada: Exactly How It Works
Leasing a car is a popular option for many Canadians, as it provides flexibility and lower monthly payments compared to buying a car outright. However, at the end of the lease term, you have the option to either return the car or buy it outright. If you decide to buy the car, you […]
Finance a Car Loan in Canada: How to Get Easy Approval in 2024
Welcome to our guide to finance a car loan in 2023! Whether you're looking to purchase a new or used vehicle in Canada, financing can be a useful tool to help you spread out the cost over time. But with so many options available, it can be overwhelming to navigate the world of car loans […]
Can You Modify a Financed Car? What You Should Know
We don’t see so many modified cars around anymore but there is still a tight-knit group of enthusiasts who can do amazing things to standard cars. One question our auto loans team was asked recently was about whether or not you can modify a financed car in Canada. Modifications come in all shapes and […]
5 Tips For Buying a Used Car in Canada: Car Buying Made Easy
Buying a used car can be a daunting experience, especially if you're a first-time buyer. It's important to approach the process with a clear understanding of what you're looking for and what to expect from the dealership. In this article, we'll share some tips to help you make a smart purchase and avoid any potential […]