Auto Loan Approval Guide For Canadians
One in 6 Canadians get a newer car every 5 years. Look into your family and friends and you will see those numbers. Cars are something we need and want. However it’s not something we should invest our hard earned money into. The truth is, cars depreciate faster than any other large purchases. In fact, a car loses 20% of its value as soon as it is driven off a dealer’s lot!
Nowadays, 80% Canadians purchase vehicles through financing. We are getting smarter about our money. Many of us already prefer to invest their hard-earned cash on mortgage and other properties instead of on cars.
Meanwhile, getting a car loan approved in Canada can be hard especially in today’s economy. Banks are stricter with whom they want to lend their money to. A majority of dealerships, on the other hand, requires cosigners and long employment records. This makes it very hard for the average Canadian to get approved for a car loan.
It’s different in New Car Canada. As long as you make $1,800 per month & have been employed for 3+ months, we will get you approved. Apply from iPhone or Android device or from your personal computer. Our online application is the fastest; it takes only 30 seconds to complete. We help over 10,000 Canadians every month and we want to help you as well whether you’re looking to get a newer car, truck or SUV. It is 100% FREE with no obligation to buy or purchase any offer you receive.
Here’s What Our Customers Have To Say About Us…
Can I really get car financing with NO DOWN PAYMENT?
Yes, 80% of New Car Canada’s auto financing deals require ZERO DOWN PAYMENT. Such deals available to everyone, including those with less than perfect credit.
What will my interest rate be and how is it calculated?
Interest rates on your car loan are calculated based on your credit score. At New Car Canada, however, your credit score does not impact your approval. We look at your future, not your past.
So I have $5,000 dollars to put as down payment on a car? What do I do?
New Car Canada neither requires nor advises clients to use their money as a down payment on a car loan. We think that it would be more practical for them to use it to acquire an investment property instead. Of course, if you wish to have lower monthly payments, you can do so by putting a down.
Can I get a car loan online from anywhere in Canada?
Yes. New Car Canada works in partnership with over 100 dealerships across the country. We have dealerships in Ontario, Nova Scotia, New Brunswick, Prince Edward Island, New Foundland, Alberta, Manitoba, Saskatchewan, and British Columbia. Our dealer partners went through a strict approval process before they are approved within our network. It’s in our best interest to only connect you with reputable dealerships in your area.
Working with us is like working with a mortgage broker. Our job is to get you the best interest rate possible. A representative from one of our dealer partners will show you all options and monthly costs so you can make the best decision for yourself. Don’t go to any other site until you have applied at New Car Canada. We offer 100% FREE APPROVAL to everyone, including those with bad credit score.
Can I get approved with ODSP or CPP?
The answer is yes as long as you have a cosigner who will become a primary on the application. Your ODSP or CPP may add additional value so you can get approved for a higher amount. To read more about CPP from the Canadian Government click here. To read more about ODSP, visit the government site here.
What Brand of vehicles are available?
New Car Canada can get you approved for up to 55K. Our dealership network has over 10,000 cars available from every brand including Ford F150, GMC Sierra, Chevrolet Cruze, Honda Civic, Honda Accord, BMW 3 series, Dodge Charger, and Ford Mustang.
100% Guaranteed Auto Loan Approval Regardless of Credit
We approve anyone looking for a car loan, including those with:
- Bad Credit
- No Credit
- Late Payments
- Bankruptcy
- Collections
- Repossessions
- New To Country
- Divorce Settlements
We Only Have 3 Requirements to Get You Approved for a Newer Car
- $1,800 Monthly Income
- Valid License
- Must Be Insurable
Do not leave this page without applying for 100% FREE. New Car Canada is a 100% FREE service for Canadians ONLY offering new and used car loan approvals regardless of credit history. New Car Canada looks at your future, not your past like banks do. If you’re employed and earning $450 per week, your approval rate is 95%+. Click Here to read wonderful testimonials of people who applied and got the car of their dreams.
The Benefits Of Applying Today
- 100% FREE Applications w/ No Obligation to Buy or Accept Any Offer You Receive
- Guaranteed Approval Regardless of Credit Score
- Up to 55,000 Worth of Financing
- 5,000+ Vehicles Available w/ Every Dealer Partner Anywhere in Canada
- Affordable Monthly and Bi-Weekly Paymnets
- No Down Payment Required
- NO SIN & Cosigner Required
We provide free service in 8 provinces, Ontario, Nova Scotia, New Brunswick, PEI, New Foundland, Manitoba, Saskatchewan, and British Columbia. We service everyone from Toronto, Ottawa, London, Hamilton, Mississauga, North Bay, Thunder Bay, Sudbury, Sault Ste. Marie, Barrie, Oshawa, Brampton, Kitchener, St. Catharine’s, Niagara Falls, Belleville, Windsor, Bracebridge, Gravenhurst, Collingwood, Orillia, Peterborough, Nepean, Cornwall, Kingston, St. Johns, Saint. John, Moncton, Winnipeg, Brandon, Red Deer, Calgary, Edmonton, Saskatoon, Regina, Kamloops, Victoria, Surrey, Kelowna, Vernon, Prince George, Nanaimo, Fort McMurray, Banff, Moose Jaw, Prince Albert, Swift Current and the rest of Canada. Our dealer network is one of the largest in Canada and always provides free finance to own quotes.
Apply FREE With No Obligation!
Bad Credit- Good Credit
- No Credit
- Bankruptcy
- Divorce
- Consumer Proposal
