Trading In a Financed Car: Our Guide To a Smooth Transition

Driving off the dealership lot in your shiny, financed car can be an exhilarating experience. However, as life's circumstances change, so do our automotive needs.   Perhaps you're eyeing a sleeker model, a more fuel-efficient vehicle, or a spacious family SUV.   Whatever your reasons may be, trading in your financed car can pave the […]

Deciding when to trade in your car in Canada involves a delicate balance of various factors, including market trends, seasonal fluctuations, and personal considerations. Whether you're looking to upgrade to a newer model, downsize to a more fuel-efficient vehicle, or simply get the best value for your current car, understanding the optimal time to trade […]

Obtaining a car loan with a credit score of 500 can be challenging, as it falls under the category of poor credit. However, it's not impossible.   Many specialized lenders cater to individuals with lower credit scores, providing them with opportunities to secure auto financing.   In this article, we will delve into the world […]

In recent years, the automotive industry in Canada has witnessed significant changes, including advancements in technology and evolving consumer preferences.   One critical aspect that reflects these changes is the average age of cars on Canadian roads.   In this article, we will delve into the factors influencing the average age of cars in Canada, […]

In the realm of automotive enthusiasts and industry speculators, an intriguing question has surfaced: What if Peugeot and Citroën, two esteemed European automakers, were to make their debut in the Canadian market?   While this scenario remains in the realm of imagination for now, let's delve into the exciting potential of what it might be […]

Rebuilding your financial life after a consumer proposal can be challenging, especially when it comes to major purchases like a vehicle. Many Ontarians wonder if it's even possible to get a car loan after consumer proposal, and the answer is yes — though there are some key considerations.   In this article, we’ll explore how […]

If you own a vehicle and are looking for a way to access quick cash, an auto equity loan in Ontario might be an option worth exploring. This type of loan allows you to borrow money using the value of your car as collateral—similar to a home equity loan, but for your vehicle.   Whether […]

In today's fast-paced world, owning a car has become a necessity for many Canadians. Whether it's for commuting to work, running errands, or exploring the great outdoors, a reliable set of wheels can truly transform one's lifestyle.   However, before embarking on the journey towards car ownership, it is crucial to understand the minimum salary […]

The auto industry moves fast and it seems every aspect of the modern car has been improved, refined and succeeded many times over. All except the humble licence plate. It is still a piece of metal with stamped details and has changed very little in the past 70 years. All that might change thanks to […]

There is a lot that goes into how a car loan payment is calculated and a lot to get to grips with. We are here to help you every step of the way but knowing what you’re getting into and what you’re signing up to is essential.   Our auto loans team outlines the five […]