New Job, New Car loan
New Job, New Car loan
Posted on January 28, 2021
Celebrating a new job? Want to reward yourself with a new car? Need to drive to your new place of work instead of getting the bus like you used to? We can help!
Did you know you can get a car loan with as little as 24 hours in your new job? You can!
As long as you have a full time or permanent contract and a salary to qualify for the loan you want, you can get an auto loan from Car Nation Canada.
Car loans for new employees
Of all the car loans we provide to customers, the ones we can offer new employees are the least well-known. Most people assume you need several months or even a year in post before you can qualify for a loan.
That’s just not true.
We can secure a competitive car loan for anyone, regardless of how long you have been in post.
The application process is exactly the same as a ‘standard’ car loan too.
Set a budget
Consider your savings, potential down payment, new salary and budget and figure out how much you can comfortably afford. Double check things like gas, insurance and general running costs and come up with a figure you can afford that will get you the car you want.
Car loan pre-approval is a useful tool for checking your math. It doesn’t impact your credit score and will give you an idea of whether you can borrow the amount of money you want.
If you qualify, you can begin researching. If you don’t, it’s time to revisit your budget and perhaps your aspirations.
Find a car
Check our online inventory, check reviews, check car review websites and check everywhere you can think of to make sure you’re buying the right car for your needs.
If you don’t find the car you want in our stock, we can usually find it for you. Contact one of our sales team and we will see what we can do!
Apply for the car loan
Once you find the perfect car for your needs and can afford it, it’s time to apply for the car loan. Our team can walk you through the entire process and help you with the application and putting the paperwork together.
You will need a copy of your new employment contract that says you’re a permanent employee or at least full time. You will also need proof of salary if it isn’t outlined in the contract or offer letter.
Once all that’s done, you can apply for the car loan and buy that car.
It doesn’t matter whether you started your job a decade or a day ago. If you need a car, we can get you a car loan. It’s that simple.
If you’re looking for a great deal on an auto loan, contact Car Nation Canada today, we can help!