Q&A
Every year, we receive hundreds of questions from people looking to buy a used vehicle. Here we list many of the most common questions.
If you have a question that isn't answered here, please contact us and we'll try our best to answer it.
Questions
- When is financing right for me?
- How much cash do I need to put down?
- Other companies have rejected my application for a loan. Should I still apply?
- How does lending work?
- Does this cost me anything?
- Am I under an obligation?
- Is this confidential?
- How long until I get a reply?
- Can I choose the vehicle?
- Can you fit a payment to my budget?
- What do I need to qualify for financing?
- Do I need money down?
- What if I have been bankrupt?
- What if I am in bankruptcy?
- What if I have had repossession in the past?
- What if I am new to the country?
- What if I have had collections?
- If I have had problems do I have to pay the higher interest rate for the full period of the loan?
- Why should I apply at your dealership?
- What is the advantage of applying on line?
- How does the process work after my approval?
- How long before I get my vehicle?
Answers
- When is financing right for me?
- If you are unable to pay for a car in cash, but you need a car for work or school, than certainly financing is an option.
- How much cash do I need to put down?
- You can put down as much or as little cash as you want. We finance loans with 0 down while still giving you low monthly payments.
- Other companies have rejected my application for a loan. Should I still apply?
- Yes. Unlike most companies, we have access to several lenders who are willing to offer loans to people who have been previously rejected.
- How does lending work?
- We have 10 different lenders with access to millions for financing
- We can get you 4.79% financing with good credit
- We can help re-establish credit for those with problems
- Does this cost me anything?
- Not a penny.
- Am I under an obligation?
- Absolutely Not.
- Is this confidential?
- Absolutely. It is between you, us, and the lender.
- How long until I get a reply?
- Between 15 minutes and 24 hours.
- Can I choose the vehicle?
- Absolutely with lenders payment approval.
- Can you fit a payment to my budget?
- Absolutely. That's our job.
- What do I need to qualify for financing?
- Income of $1600 or higher per month.
- Do I need money down?
- In most cases no.
- What if I have been bankrupt?
- No problem.
- What if I am in bankruptcy?
- That is no problem as long as you have made 3 payments to your trustee.
- What if I have had repossession in the past?
- No problem, but you will have to pay a higher interest rate until you are re-established.
- What if I am new to the country?
- No problem if you are employed.
- What if I have had collections?
- No problem, you will have to pay a higher interest rate until you are re-established.
- If I have had problems do I have to pay the higher interest rate for the full period of the loan?
- Absolutely not. If you make all your payments on time after two years we can move you into a newer vehicle and get the lowest rate possible for you.
- Why should I apply at your dealership?
- We operate across Ontario and have the largest inventory available. We have been in business for over 15 years and most of our customers are referrals.
- What is the advantage of applying on line?
- You will have full knowledge on the amount your are approved for including Interest rate and monthly payment prior to coming in for a test drive.
- How does the process work after my approval?
- You will be contacted by one of our finance specialist and advised what is required.
- How long before I get my vehicle?
- Between 1 and 3 days, with safety, e test, plates, and completely detailed.
Have a question that we didn't answer here? Contact Us by email or phone and we'll try our best to answer any questions you may have.
