New To Financing
Your new vehicle will give you the freedom to go where you want, whenever you want.
All while fitting your budget, so all you have to think about is where you are going on your first road trip. Depending on the type of vehicle you buy, most people will look at financing their vehicle through a lender. This can be an overwhelming process for anyone new to financing. It doesn't have to be an overwhelming process, our finance specialists are here to walk you through the process step-by-step. New to financing, whether you are student, new to Canada, cosigner or bad/no credit history. Our experts are here to make the process as smooth as possible.
We will walk you through all the steps in the financing process, from when your first payment will be, making sure your financing will fit your budget.
As soon as you get in touch with our finance specialists, they will begin to bring you that much closer to driving your new or pre-owned vehicle off the lot. Whether you have questions about how the process works, or what your options are, get in touch with us and we will be happy to answer your questions.
Where to start?
Start by talking with our team about your unique scenario, and we identify the building blocks to get you situated with a solution we are all comfortable with. We will discuss your budget, your credit score, where does financing come in, and whether there any partner programs to help. Our goal is to ensure that you get to enjoy the process of finding your vehicle because it is an exciting purchase! One area to begin is to understand credit history and where you find yourself. When you apply for automotive financing, one of the first things that lenders will look at is your credit history. However, if you are new to financing, you may not have a credit history yet. This can present a challenge, but one that our specialists are able to overcome and make it a simple process for you.
If you do not yet have a credit history, it is a good idea to start building one as soon as possible. You can start by applying for a credit card or a small loan. Make sure to make your payments on time and keep your credit utilization low.
This will help you establish a positive credit history, which can make it easier to get approved for automotive financing later.
Where does financing come in?
Once you have decided on a vehicle that suits your lifestyle, next to come is determining your finance rate and term. With financing you can borrow up to the full price of the vehicle and then pay it back in over a specific term length (24, 48, 60 months, and more). These payments can be broken up into a scenario that again, suits your needs. You can do monthly payments, bi-weekly, weekly payments, etc.
Finding a lender as a newcomer to Canada or as a student may be a bit challenging, however, there are lenders who specialize in working with you. We begin by working with our partners to find specialized programs built for you.
What do you need to bring with you?
When applying for automotive financing, you will need to provide certain documents. These documents may vary depending on the lender, but typically include:
- Proof of income (pay stubs, employment letter, etc.)
- Proof of residence (lease agreement, utility bill, etc.)
- Valid driver's license
- Passport or other government-issued ID
- Work permit or permanent resident card
Start Your Application
The first step to approval is to fill out our credit application form. After we review it, we'll get back to you with a credit plan that best suits your needs and situation. If you have any questions before proceeding, please feel free to give us a call at
We look forward to hearing from you!