blog:Car Financing Archives | Car Nation Canada
Car Loans With 600 Credit Score in Canada: Get Approved
Do you have concerns about obtaining a car loan with a 600 credit score? Although securing financing with this credit score range can present challenges, it's not an insurmountable hurdle. In this article, we will delve into the intricacies of acquiring car loans with a 600 credit score and strategies to enhance your chances […]
Car Loan With a New Job in Canada: Get Easy Approval Today
Starting a new job is exciting. Maybe you’re earning more money, moved to a better location, or finally working in a field you love. But what if your new job means you also need a new car—right away? The big question is: Can you get a car loan with a new job in Canada? […]
What's a Car Loan Settlement Figure & How is it Calculated?
Once again, a customer has a question for us, and this time, it's one that borrowers who have been making loan payments for a long frequently ask. What is a car loan settlement amount, and how do you obtain one? What a car loan settlement figure is, how to calculate it, and how to […]
Paying Off a Car Loan Early in Canada: Good Idea Or Not?
Car loans can be a significant monthly payment. Being in a position to settle a loan early could mean you have more cash to spare each month and one less debt to worry about. Should you always pay off a car loan early? Actually no, as much depends on your situation. You would think […]
I Can't Afford Car Payments, What Are My Options in Canada?
Numerous Canadians who had no fault of their own ended up in tough circumstances. Financial hardships are just one example of how the pandemic has wreaked havoc on every part of our life. So what can you do if you can't afford a car loan anymore? Most Importantly, Don't Panic What comes first? Not […]
Car Depreciation in Canada: Everything You Need to Know
Buying a car is one of the biggest purchases most people make. But the moment you drive it off the lot, something important happens—its value starts to drop. That’s the effect of car depreciation, and in Ontario, it's something every vehicle owner should understand. What Is Car Depreciation? Car depreciation is the […]
Can You Extend Your Car Loan Term in Canada? Pros & Cons
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 […]