We allow new or used car financing on any car make and model of your preference. Get a car loan for up to $40,000 regardless of your credit. You can easily submit your application online using just your phone or laptop. Fill our our free short online application today to know where you stand.
New Car Canada handles good credit bad credit and no credit applicants in Ontario who are looking to purchase a new car. In addition, they can get you approved as fast as within 24 hours upon submission! Hurry and give us a shot today! 100% safe and free online application with no commitments attached.
Any applicant in Ontario province are welcome to apply for our cheap car loan offers. Guaranteed approval for all types of credit as long as you have a gross monthly pay of $1,800 and a valid driver's license. New Car Canada also provides pre-approved auto loan approvals without any down payment required.
What is holding you back? Find out more about our auto financing offers today by filling out our 1-minute online car loan application.
APR or Annual Percentage Rate is the annual interest rate involved in a given loan. You’ll encounter this jargon in all other types of financing whether it’s for a house loan, student loan or an auto loan. When shopping for rates, it is important to focus on the APR rather than on the monthly payments involved. The APR shows you the actual interest payments involved in your car loan (for instance). If you are on a slim budget, the first thing that you ask your car dealer is the APR. Typically, used vehicles have a higher APR than new cars for the reason that used cars are already depreciated and have a lesser resale value in an event of a repossession. In short, financing a used poses a greater risk to the lenders. It’s a calculated risk that lenders take on you as a borrower.
Aside from the car’s age, another huge factor that affects an APR is your credit score. Generally, traditional lenders charge a higher rate for poor credit car buyers since they are also taking a risk on your shaky credit. Think of it as you lending someone that is unreliable, you would think twice about lending that person your money right? That’s how APR basically works.
North Bay runs one of the most diverse economy in Northern Ontario although most of its residents are employed under government agencies in the area of education, health and other public service-related sectors. Recently, North Bay's arts and culture suddenly rose to prominence thanks to a handful of great artists, writers and musicians living in this progressive city.
To add, the city capitalized more on their local attractions significantly boosting their tourism industry. With the increasing demand in public transportation, investing on your own private vehicle is more practical and convenient in the long run. Come and apply for a car loan (for FREE) today to know the exact expenses involved. No obligations attached, you can cancel anytime you want.