Car Loans for Veterans in Canada: How to Get Approved

Getting a car loan as a veteran unfortunately can be a challenge.   Even more so if you haven’t spent much time in civilian life before your service.   We at Northway Ford want to make this process much easier than it is, which is why we are discussing it today.   At the moment, […]

Life throws curveballs, and sometimes you end up missing a car loan payment. Don't panic! Here's a guide to help you get back on track, minimize the damage, and avoid repossession.   The first thing you should do is not panic. You will need to move fast but there is absolutely no need for panic. […]

If you’re planning to buy a new car anytime soon, it’s natural to want to explore finance options. Two that will very likely come up are car loans vs personal loans.   Both give you money to buy what you want but what’s the real difference between the two? Is one better than the other? […]

Whatever your opinion of ride sharing apps, they have changed the way people travel and earn money. For travellers, they are a convenient way to get around. For drivers, ride sharing apps provide a flexible way to earn a living.   If you want to become an Uber driver but don’t yet have a car, […]

A few options are available to you if you want to pay off your car loan faster. The first step is determining whether you can prepay your car loan without incurring any penalties.   Most car loans have no penalties for paying off the loan before the agreed-upon maturity date, but you should always double-check. […]

If you’re planning to lease a car, you need to understand what residual value is. It forms part of the lease agreement and helps determine how much you’ll be paying each month.   Our Binbrook auto loans team explains what vehicle residual value is and how it impacts the monthly cost of a vehicle lease. […]

Need a new set of wheels but your credit report looks a bit worse for wear? Don't despair, Canadian car shoppers! A poor credit score throws a bump in the road, but it doesn't have to block the entire highway.   With some smart planning and strategic maneuvering, you can still land the car you […]

If you are wondering what is the best province in Canada to buy a car, we are here to help. Before we head down the rabbit hole and try to identify the best province, we should take a little time and look at how car loans work. Get Pre-Approved in 2 Minutes or Less. All […]

Buying a car is a significant investment, and one of the most important decisions you'll make is how to finance it. In Ontario, there are a variety of options for car loans, but finding a low interest car is essential to getting the best deal possible.   Here are some tips on how to find […]

Car loans are typically a fixed amount with a fixed repayment for a fixed period of time. You can change that if you need to though. One option is to extend the car loan.   It isn’t always the best option or the most efficient but can be done if you need to.   If […]