How Do Dealerships Verify Income For Car Loan Approval?

If you’re buying a car and need financing, you might be wondering, “How do dealerships verify income?” It’s important to understand that while dealerships help you get a car loan, it’s actually the lenders who verify your income.   Let’s break down the process so you know what to expect.     Who Verifies Your […]

When it comes to leasing a car in Ontario, one question that might come to mind is, "Does leasing a car affect my credit score?" The answer is yes, leasing a car does affect your credit score, but not necessarily in a bad way.   This is because a car lease is like a loan, […]

Buying a car is often essential — for work, family, and daily life — but securing financing can be a challenge if your financial history includes missed payments, high debt, or a low credit score.   The good news? There are viable options for car loans for bad credit in Canada, and with the right […]

If you're a Canadian business owner in Ontario who uses a car for work purposes, you might be interested in claiming Capital Cost Allowance (CCA) on your vehicle.   CCA is a tax deduction that allows you to recover the cost of your car over time. Here’s a straightforward guide to help you understand how […]

If you’re considering buying an ex-rental car from a dealership in Ontario, you're making a choice that can offer great value. Ex-rental cars are vehicles that have been used by rental companies and are now being sold. Here’s a simple guide to help you understand the process and what to expect.     What is […]

Graduating from college or university is a huge milestone—and for many, it also marks the beginning of real-world responsibilities. One of the first big decisions new grads often face is how to finance a vehicle.   Whether you're starting a new job or commuting to post-grad studies, reliable transportation is often essential.   But what […]

If your credit history has taken a hit—due to missed payments, collections, bankruptcy, or just bad timing—you might feel discouraged when trying to finance a vehicle. But don’t worry: fresh start auto financing in Ontario is designed for people just like you.   This type of financing offers a second chance at car ownership, even […]

If you’ve never borrowed money before, financing a vehicle can seem intimidating.   Traditional lenders often rely on credit scores to assess risk—but what if you don’t have one?   The good news is that no credit auto financing is possible in Canada, and many drivers have successfully purchased vehicles without a credit history.   […]

Looking for the best way to finance a vehicle in Ontario? You're not alone. With car prices continuing to climb and financing options more varied than ever, it’s crucial to make informed decisions that won’t drain your wallet over time.   This guide breaks down how to find affordable, transparent, and stress-free vehicle financing in […]

Looking for the cheapest way to finance a car in Ontario? With vehicle prices rising, it's more important than ever to find a financing option that fits your budget without piling on extra costs.   The good news is, there are smart ways to reduce what you pay in interest and fees over the life […]