Questions:

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 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.
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.
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Client Testimonials


Judy

"I applied online and was driving my car off a lot the next day."

Bob, Guelph ON


Judy

"They got me a car loan in two days with no hassles."

Judy, London ON


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How to Apply for a Loan

Second only to purchasing a home, buying a car is the biggest and most important purchase we make. There is more involved in buying a car than most first-time buyers will suspect. Beyond the make and model of the car, there is loan financing that must be taken into consideration. Getting a loan for a vehicle is much easier today than is used to be, although there are many pitfalls that you should take into consideration beforehand.

How Big of a Loan Can You Afford?

Before even looking at the price of a vehicle, you should try using our loan calculator to see how big of a loan you can afford. Our loan calculator is an easy way to determine what size of monthly payments you can make and over how longer of a period you will be paying them. At this stage, it is important to already have in mind a monthly budget.

Automotive Loans

Used Auto Loan, in partnership with multiple lending companies, can offer nearly everyone a loan. To determine if you qualify, use our online application form to see if you qualify. The form takes several minutes to complete, and in 48 hours or less we will contact you regarding your status. In the meantime, you can sit back and relax, knowing that there is a team of people working hard to qualify you for a loan.

Who Qualifies?

While most car dealerships have difficulty offering auto loans, we are able to successfully offer loans to 95% of the people who apply. We can do this because, unlike most dealerships, we coordinate with multiple lenders to give you the best loan possible. If you meet any of the following criteria, you might still qualify for a loan:

Remember, filling out the auto loan application form is only to determine whether or not you can qualify for the loan. Once completed, you are under no obligation to purchase a vehicle. If you are simply interested in whether or not you would qualify for an auto loan, but have no immediate interest in purchasing a vehicle at the moment, you can still complete and send the application form.