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Canadian Automotive Finance Blog

You Can Extend a Car Loan, But Should You?

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Extending an auto loan isn’t something you should do lightly but it can be a viable way to make it more affordable or to help you when times are tough. Extending the loan isn’t your only option though. It may not be the best option either.   Most auto loans are for a set period […]

Categories: Car Financing

Tags: car loan length

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Buying a Car When Retired: What You Need to Know

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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 […]

Categories: Car Buying

Tags: retired

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What's a Guarantor Car Loan? All The Information You Need

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While Car Nation Canada can help most people access credit regardless of their credit score, there is occasionally someone who cannot get credit by traditional means. That isn’t the end of the story though as there is always a way. One way to access credit if you do have trouble is through a guarantor car […]

Categories: Car News

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Can You Get a Car Loan While on Benefits?

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If you’re currently on EI (Employment Insurance) or disability, can you get a car loan or refinance a car loan?   Yes you can!   People are increasingly finding themselves in difficult positions through no fault of their own. Whether it’s coronavirus or something else entirely, we are living through challenging times right now.   […]

Categories: Car News

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Financing a Car Loan When Self Employed

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Self-employment, gig working, freelancing, contracting and other alternatives to being an employee are still on the rise. This sector was expanding before COVID but has been accelerated exponentially by the pandemic. So how can you qualify for a car loan as someone who is self-employed? What’s the process? Our auto loans team explains. Click Here […]

Categories: Car News

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