Car Loan FAQs

No! There is no cost to fill out our online car loan application. There is no risk or cost to you.

Our auto loan interest rates range from 0% to 29.5% depending on each individuals credit and type of vehicle being purchased. Once you’ve sent us your name, phone number and email address, a special finance representative will contact you to share your actual interest rate by phone.

Sometimes things happen in life that affects our credit in a negative way. We understand that every person and every situation is unique. We believe everybody deserves a second chance. Most of us have experienced hard times leading to a low credit score but that does not make us bad people! No matter what your credit situation is, we will find a way to get you an auto loan!

When you apply for any loan it does affect your credit rating. Some companies will send your application to all of the banks “hoping” one will approve you. This means your credit is pulled 5-10 times which is not good! We do not do this! After carefully reviewing your information, we contact you, find out the details of what has happened in the past so as to submit you to a auto finance lender that will approve you!

Your personal Information is 100% Private! We do not share your personal information with anybody! Unlike other auto loan services, we are not in the business of selling or sharing your personal information with any other firm or entity.
Immediately after you submit your online application, we receive an email informing us you have done so. We then contact you by phone or email to review your application carefully and present it to the auto finance lender whom is most likely to extend you credit in your situation. We never pull your credit report before contacting you and discussing all options.

That’s no problem. We have lenders that can deal with any situation. We cannot guarantee terms and conditions but we will explain what you need to do to get approved. In every case, we will guide you and explain what’s required.

Once you send in your credit application we can determine what amount you can qualify for. The exact auto loan amount will depend on your credit.

It’s all based on your credit and vehicle of choice. We have zero down options available for qualified applicants.

Yes.

That depends on what amount the financial institution approves you for. With 26 dealerships offering both new and used vehicles, you have many options with us.

Interest rates are set according to the current condition of your credit. Banks use a credit rating score to determine APR to be set for your auto loan. The credit rating score is normally referred to as FICO or Beacon score. Prime borrowing is usually a score above “630”, and interest rates for a prime customer are generally 9.99% and lower. A score between “300 and 629″ is considered “special finance” or “subprime”. Subprime lending rates will usually fall between 10% and 29.5% depending on your score and present personal circumstances such as owning a home and time at current position. For your exact interest rate, let’s get you in touch with one of our special finance representative today.

We have Zero Down options for qualified applications. Your present credit situation will determine the need for a down payment. The general rule is Prime buyers with good credit qualify for zero down financing. Subprime buyers in Ontario Canada generally should have at least $500 or 5% down and yes, trade-ins count as a down payment. It is always wise to be prepared to have a down payment and then be pleasantly surprised when one is not required.

You must be at least 18 years old. Have a valid Ontario Drivers License or a co-signor with one. Gross monthly income of $2,200 per month (Minimum) and at least 3 months on the job to qualify for a car loan.

All of Ontario. We own 26 dealerships across Ontario with our auto loan head office in Toronto. We deliver throughout Ontario Canada.