I Owe More Than my Car is Worth: What Happens Next

Many of us borrow money to acquire cars since they are pricey purchases. There is a slight chance that your car will be worth less than what you owe because your car loan has a fixed payment but the value of the car depreciates.   It does happen, though not frequently.   Negative equity, often […]

Affordability has a significant impact on your eligibility for a car loan. Your income and any other sources of money play a role in that, in part. But how do auto dealers confirm your source of income?   Even though you declare your salary on the loan application, the lender won't accept it at face […]

Are you in the market for a new car in Canada? The decision to buy a car comes with a host of considerations, and financing is a crucial aspect. One option that often comes to mind is dealership financing.   But is this the right choice for you? In this article, we will delve into […]

Can you make a car payment with a credit card if you miss a payment and need to make it before it is noted as a missed payment or if you wish to make an extra car loan payment?   Our vehicle lending crew was questioned about this last week. We get many of inquiries […]

A common desire among the many retirees we encounter while working here is to hit the road and travel across Canada. It's a big country, and most of us only get to see a small portion of it while we're working. Which raises the question of whether purchasing a car after retiring differs significantly from […]

If you receive ODSP or have a disability, are you eligible for a car loan?   You can, indeed.   How the system handles people who require a little additional assistance never ceases to amaze us. We strive to be different.   Anyone receiving an ODSP or disability assistance in Canada is likely to be […]

When considering purchasing a car in Canada, one of the fundamental decisions you will need to make is whether to opt for a brand new vehicle or a used one.   Each option comes with its own set of advantages and disadvantages, and it's crucial to understand the implications of both choices before making your […]

Buying a used car from a dealership can be a straightforward and reliable way to acquire a vehicle with confidence. In this article, we'll walk you through the essential steps to make your used car buying experience smooth and well-informed. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments […]

Are you in the market for a car that combines the affordability of a used vehicle with the peace of mind that comes with a brand-new ride? Look no further than certified pre-owned (CPO) cars!   These gems offer the best of both worlds, providing quality assurance, reliability, and attractive warranties.   In this article, […]

The internet abounds with sites offering tips on the best way to sell your car for the most money.  So, what advice do you follow?   Hopefully, you reading this article means you trust what we have to say, and we do our best to make sure any advice we give here has your interests […]