Can I Upgrade My Financed Car Loan To a New One In Ontario?

Can I get a car loan for an upgrade? This is another of those questions we get to hear a lot at Car Nation Canada. We think it’s about time we answered.   You can get a car loan if you want to buy a better or newer car.   The rules for this type […]

Being a cosigner on a car loan is your opportunity to do some good and help someone out. Unfortunately, not all the facts are always made available to the cosigner, leaving them exposed in ways they didn’t realize.   We want you to fully understand what you’re getting into so we asked our auto loan […]

In today's fast-paced world, having a reliable mode of transportation is essential for running a successful business.   Whether you're a seasoned entrepreneur or just starting out, having the right wheels can make all the difference.   However, purchasing a vehicle outright may not always be feasible, which is where business car loans come into […]

Given the amount of money involved in the average new car purchase, it’s no wonder many people try to lower their car loan by as much as possible. A key way to do that is by putting down a large down payment.   But is there a magic number? Is there such a thing as […]

You can access car loans with any kind of credit score in Canada.   What will vary will be the interest rates and any fees or guarantees that may be levied on that loan.   But what's a good credit score for a car loan? This article will answer that very question. Let's get started! […]

Purchasing a car often involves taking out a loan to ease the financial burden. However, as your circumstances change and your financial stability improves, you may start considering paying off your car loan early.   The good news for Canadian drivers is that paying off a car loan ahead of schedule is indeed possible and […]

When you’re considering a car loan, one of the main considerations you will have is how much interest you’ll pay. That interest is expressed as APR, Annual Percentage Rate. But what is exactly is it, how is it worked out and why does it vary so much?   APR, interest rate, representative APR, whatever lenders […]

Inflation has driven up new car prices and you need to start exploring your options before you make you're car-buying decision.   Before the onset of the pandemic, the average retail price for a new car was $45,000, but inflation has pushed that price much higher.   Not only are car prices rising, but everything […]

If you are working at a job making $16/hr and need a car loan, there are options available.   While $16/hr may not seem like a lot of money, especially with inflation rates nearing double digits in Canada, you can buy a car on minimum wage. Our auto loans team can help with that. Get […]

Whether your buy your car online or by visiting the dealership, the test drive is an essential part of the process. It’s where all your research is either borne out and confirmed or you’re sent back to the drawing board.   Either way, getting the most out of the test drive is essential. Here’s how […]