How To Buy a First Car: Everything You Need To Know

If you’re a student or young person ready to buy a first car, it’s a time of excitement and nervousness. It’s a big step in life and something every Canadian faces at some point. If can also be a nervous time, especially if you’re also getting your first auto loan.   Auto loans might seem […]

Are you eyeing that dream car, envisioning the freedom it promises, but wondering how to secure the funds for it? Getting a car loan is often the go-to solution for many Canadians, yet the key lies in proving your income.   Why is proof of income such a pivotal factor in obtaining a car loan, […]

Securing a car loan as a student in Canada can be a challenging yet necessary step for those seeking the convenience and independence that come with owning a vehicle. While there may not be specific student programs or credit union options discussed in this article, understanding the general landscape of car loans for students is […]

Not everyone has the resources to buy a new car or to buy a car entirely for cash. So, what are your options then? Can you buy a used car with a car loan?   We asked our auto loans team to explain whether you can finance a car loan for a used car in […]

The decision to purchase a new car is a significant one that requires careful consideration of various factors. With advancements in automotive technology, an array of sleek designs, and tempting financing options, the prospect of buying a new car can be enticing.   However, before you take the plunge, it's essential to weigh the pros […]

The decision to acquire a new vehicle can be both exciting and daunting. As you embark on this journey, a fundamental question arises: should you lease or buy?   While there's no one-size-fits-all answer, this article will explore the pros and cons of leasing and buying, allowing you to make an informed choice that aligns […]

Buying a used car can be a thrilling experience. It opens up a world of possibilities, whether you're a first-time buyer or looking to upgrade your current ride.   However, it can also be overwhelming and daunting. With so many options available in the Canadian market, where do you even begin?   Fear not! This […]

Are you an international student in the Toronto area? Recently arrived to study here and want a car to get around? You’re not alone in this. We had a client this week who was in this exact situation. That’s what prompted this post. Our auto loans team handled the client so we asked them to […]

Life does happen to people, and sometimes, it might be difficult to repay your auto loans. Sometimes there are medical emergencies, car repairs, or a job loss that might strain your finances. Knowing full well that missing a loan can affect your loan, how can you mitigate this? Can you extend your car loan? Yes, […]

When it comes to purchasing a car in Canada, most people will need to consider financing options. Car financing is an excellent way to spread out the cost of a vehicle over time, making it more affordable for the average Canadian.   However, there are a few things to keep in mind when it comes […]