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Student Car Loans: Secure Affordable Financing In Ontario

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Student Car Loans: Secure Affordable Financing In Ontario

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Having a student car loan car might be necessary for the travel to college. You might have to think about getting a car loan if you don't have the money to buy one altogether. Today, we're talking about it. For people who are financing a car loan while still in school, our auto lending experts […]

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I Owe More Than my Car is Worth: What Happens Next

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Many of us borrow money to acquire cars since they are pricey purchases. There is a slight chance that your car will be worth less than what you owe because your car loan has a fixed payment but the value of the car depreciates.   It does happen, though not frequently.   Negative equity, often […]

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How Do Car Dealerships Verify Income? All You Need to Know

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Affordability has a significant impact on your eligibility for a car loan. Your income and any other sources of money play a role in that, in part. But how do auto dealers confirm your source of income?   Even though you declare your salary on the loan application, the lender won't accept it at face […]

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Should I Finance a Car Through a Dealership in Canada? (2024)

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Are you in the market for a new car in Canada? The decision to buy a car comes with a host of considerations, and financing is a crucial aspect. One option that often comes to mind is dealership financing.   But is this the right choice for you? In this article, we will delve into […]

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Can You Make Car Payments With a Credit Car in Canada?

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Can you make a car payment with a credit card if you miss a payment and need to make it before it is noted as a missed payment or if you wish to make an extra car loan payment?   Our vehicle lending crew was questioned about this last week. We get many of inquiries […]

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Buying a Car When Retired in Ontario: Explained in 5 Minutes

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A common desire among the many retirees we encounter while working here is to hit the road and travel across Canada. It's a big country, and most of us only get to see a small portion of it while we're working. Which raises the question of whether purchasing a car after retiring differs significantly from […]

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Car Loans on ODSP or With a Disability: What You Should Know

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If you receive ODSP or have a disability, are you eligible for a car loan?   You can, indeed.   How the system handles people who require a little additional assistance never ceases to amaze us. We strive to be different.   Anyone receiving an ODSP or disability assistance in Canada is likely to be […]

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New vs Used Car in Canada: 3 Great Reasons for Each

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When considering purchasing a car in Canada, one of the fundamental decisions you will need to make is whether to opt for a brand new vehicle or a used one.   Each option comes with its own set of advantages and disadvantages, and it's crucial to understand the implications of both choices before making your […]

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Car Down Payments: Unlocking The Doors To Your Dream Car

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Have you ever wondered how to make your dream of owning a car in Canada a reality? Well, the answer might lie in a simple yet crucial financial step: the car down payment.   In this article, we will delve into the concept of a car down payment and explore its significance for Canadians looking […]

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Interest Rates For Used Cars: The 7 Factors That Really Matter

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Have you ever wondered what determines the interest rates for used cars in Canada? If you're in the market for a pre-owned vehicle, you're likely to be curious about the factors influencing these rates and how they impact your purchase.   In this article, we'll delve into the world of used car financing, exploring the […]

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