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Should I Sell My Car to a Dealership? Pros & Cons

blog:Car News Archives | Page 2 of 8 | Car Nation Canada

Should I Sell My Car to a Dealership? Pros & Cons

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Selling your old car to a dealership is one of three ways to dispose of your old car when it comes time for a new one. You can sell your car to a dealership, trade it in or sell privately. While the dealership is involved in two of those, they are entirely separate undertakings.   […]

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Guarantor For a Car Loan in Canada: Everything to Know

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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 […]

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What is APR (Annual Percentage Rate) For Cars in Canada?

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When buying a car in Canada, you may come across the term "APR." This stands for Annual Percentage Rate and is an important factor in understanding the cost of financing a vehicle. This article will explain what APR is, how it affects your car purchase, and why it matters when buying from a dealership.   […]

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Best Cars For Road Trips: Plan an Unforgettable Journey Today

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Canada, with its vast landscapes and diverse scenery, is a prime destination for road trips. Whether you're cruising the scenic coastal highways of the Maritimes, exploring the majestic mountains of the Rockies, or venturing through the vibrant cities, the right car can make all the difference in your journey.   But with so many options […]

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Hydrogen Powered Cars in Canada: Everything You Need to Know

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You would be forgiven for thinking the future was purely electric. Automakers are investing billions in electric technology, battery research and production and governments are investing in charging infrastructure.   But hydrogen is the most common element in the universe so it’s a mistake to write it off completely.   The main challenge is infrastructure. […]

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Car Payment Holidays in Canada: Should You Request One?

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Car payments are a significant monthly expense for Canadians. While unforeseen financial difficulties can arise, many Canadians wonder, "Are there car payment holidays in Canada?" The answer is not a simple yes or no. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Understanding Car Payment […]

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Does Getting Rejected For a Car Loan Affect Credit Score?

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Canadians seeking a new car often rely on financing through a car loan. But what happens if your application gets rejected? Will it negatively impact your credit score, hindering future loan opportunities? The answer is both reassuring and slightly nuanced. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments […]

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Paying Off a Car Loan Early in Canada: Good Idea Or Not?

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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 […]

Categories: Car News, Car Financing

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Simple Interest Car Loans in Canada: What You Need to Know

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They may call it simple car loan interest but it can be anything but.   Compared to how complicated other financial products are, car loans may be simple but they can still provide quite the challenge to fully understand!   That’s why we tasked our auto loans team to explain how car loan interest works […]

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Financing a Loan For a Truck in Canada: How to Get Approved

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Can you get an auto loan for a truck? Can you use a standard car loan for a semi or flatbed? Today is another question asked of our auto loans team by a customer.   While we don’t hear this one very often, it was intriguing enough to make a blog post out of it. […]

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