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We find your financing and your car of choice
We find your car loan with the best terms and then we find your vehicle of choice that matches your credit approval.
Getting your car loan is our first step
Your car loan is the first step to take. First we will have a discussion together so that we can have the complete summary of your credit file history.
This way, we will be able to target your needs and ensure that we work with the right lender to obtain your auto loan.
We will pull your credit report from Equifax. This will give us the full picture so we can work with the right bank to get you your car loan.
Based on your information on this credit report, we may need more details to continue the process. This report gives you information about your good or late payments, your debts, your credit score and more.
We have the expertise to get you your car financing quickly. Whether you are on your first, second or third chance at credit. Our financial partners will analyze your credit file and the information we have provided in order to make their decision.
If we need documents such as proof of employment, proof of income or a history of your banking data, we will contact you. It will be important to send us these documents quickly.
In most situations, you have the choice between two years and seven years to complete your car loan payment. Some banks may offer eight years as the maximum term.
If your credit report indicates a second or third chance credit, it is regularly a maximum term of five to seven years. The latter is decided by the financial institution, your credit report and the year of your vehicle purchased.
When we shop for your auto loan, we start with your vehicle of choice as your preferred vehicle. So we are able to identify your ideal payment together. This is the payment we send to the financial institution. This is a realistic scenario when you have a good credit history.
If your credit file is in second or third chance credit, we sometimes practice the same technique. However, it happens regularly that we have to change these plans because the institution refuses the conditions. So we have to work in reverse. We then work on your credit approval and then we choose a vehicle that matches your credit acceptance.
It will then be up to you to decide according to the choices of vehicles eligible for your approval. It is following these steps that your monthly payment is confirmed.
Your credit history is impeccable. You always make your bill payments on time. You have had a steady job for more than six months. Then there is a good chance that you are a first chance credit applicant. Then your interest rate will probably be normal.
A normal interest rate varies depending on Canada's economic situation and the Canadian Prime Minister's Interest Rate. For example, in 2020 the interest rate for a used vehicle was between 5.99% and 6.99%, depending on the bank. In 2022, the financing rate was 8.99% or 9.99%, depending on the financial institution.
Your credit report is not good or even bad. You have late payments. You have a more or less stable job. Have you already declared bankruptcy or made a proposal to consumers once or twice? However, you have a source of income, whether it is a job, disability income, investment income, social welfare or you are retired.
So you are probably in second or even third chance credit. The interest rate for the latter is generally between 9.99% and 39%, depending on the financial institution.
Finding and choosing your car is our second step
In first chance credit, you can choose the vehicle first. Since we know that you are able to move forward with financing, the choice of vehicle makes sense for us and the financial institutions. It is therefore easy to find a bank that will want to finance your purchase.
In second and third chance credit, the opposite must happen. We must start by obtaining a credit pre-approval for you and then choose your vehicle that matches your approval. It is quite common that we have a range of vehicles provided by the bank, which corresponds to your approval. So, choosing the vehicle that interests you limits our searches to this range.
For example, the bank may decide that your vehicle must be between 2016 and 2018 and must be a maximum financed amount of 15,000$. So together we find the vehicle that matches these qualifications and your interest.
A small car, a sedan, an SUV, a Pick-Up, we have them all. No matter the make, model and year. We have it or we find it.
Whether you are looking for a vehicle from 6,000$ to 130,000$, we have it in stock or we find it.
We buy your trade-in vehicle to facilitate the transaction. Trading it in will allow you to recover your taxes and reduce the payment of your next purchase.
The delivery of your car and the signing of the documents is our third and final step.
When you arrive, your documents will be ready for you to sign. These documents will have the agreed upon monthly payment, the agreed upon auto loan amortization, and your car information. You will have a copy of all the contracts signed together at this time.
We register your car and install your new or old plate kept from your exchange on your car. If we are unable to register your car, we will give you an ATAC to take you to the SAAQ directly.
It's time for you to get your key and take possession of your car. We will present your car in summary so that you are comfortable with it.
Once everything is completed, you leave with your car. We will take a picture together before you leave. Don't forget to leave a review on google!
We finance and find your vehicle
Approval rate up to 99%.
Access to over 2000 vehicles.
1st, 2nd, 3rd and 4th chance credit.
Free service. Everywhere in Quebec.
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