New Car Canada has helped over thousands of car buyers in Ontario and counting. Don't burden yourself with endless car loan application requirements and unreasonably expensive rates, we are here for you. We only have three simple requirements and our approval process only takes 24 hours regardless of credit. Moreover, you can easily apply online through your smartphone or laptop. Fill out our 1-minute online application today and get approved in 24 hours.
Our company services the entire country. It doesn't matter if you are from Ontario, Nova Scotia or any other province - we guarantee a fast and instant approval. Applying for our auto loan is FREE and no commitments or obligations attached. Realize your dream of owning a car by signing up today.
Contrary to popular belief, buying a new car with horrible credit doesn't immediately mean very expensive auto financing rates. New Car Canada has been providing bad credit car buyers with affordable bad credit auto loan deals for years now. In fact, we have the swiftest approval process in Ontario. Unlike other bad credit car dealers, we won't require you to make a down payment or have someone to co-finance the loan. As long as you have a minimum monthly earnings of $1,800, your approval will go on smoothly.
Say no to ridiculously expensive bad credit car loans. You deserve the best option there is and that is with New Car Canada. Send us your application today and we will approve you within 24 hours.
A car loan is a financial commitment that takes years to payoff. With that, you must carefully go over the details and really give it a nice long thought before signing up for one. For one, ask your dealer for a breakdown of the total expenses that you will incur, don't just focus on the monthly payments. Most car buyers get blinded by low monthly payment promos when in fact they are way upside down on their loan due to high interests. Dealers or lenders sweeten the deal with that strategy but actually they are just stretching the loan term duration thereby extending the total number of months of your auto loan. If you have no choice but to opt for an extended loan term (which is 6 or 7 years) just to make the purchase a bit more bearable, at least pick a vehicle that is reliable enough to satisfy your needs for that span of time. You don't want to pay for a car that you can't even use, nobody wants that.
Always consider saving up for a down payment. Bringing a money down into the mix will cover the initial loss of value that your brand new ride experiences. This will lessen the impact of negative equity especially if you were only able to qualify for a subprime auto loan rate. The ideal down payment is 20 percent of the car's original purchase price but if you don't have that money, any minimum down payment is better than a zero down payment. Going over these simple details could have a huge impact later on. Don't be in a rush, consider your options carefully.
Jerseyville is a small, rural bedroom community which