If you are in the market for a used car, one thing you need to consider is how you will finance the balance. Used car dealer financing is often available at certain dealerships that offer their own financing.
They often have relaxed credit terms which can make it easier for you to qualify for a loan and get into the used car you want to buy.
Buying used cars with dealer financing
If you happen to have a less than perfect credit score and have been unable to get traditional financing, car dealer loans for bad credit may be an option for you.
At OntarioCarsOnCredit.com we help people find the best vehicle financing for their credit profile. And qualifying is easy if you meet our basic requirements:
- At least 18+ years of age
- Employed
- $1800 per month gross income
- A Canadian resident
- Active driver’s license
- No money or little money down
Why choose Ontario Cars On Credit?
Sure you might be able to get car credit in Ontario from a dealer finances your auto loan in-house, but there are some disadvantages to this type of funding.
- You have no guarantee you are getting the best rate possible for your credit profile. When you get a car loan from us, on the other hand, our whole network of auto loan lenders will compete to give you a loan, meaning you’ll get the lowest rate and best terms available.
- In-house car dealer financers usually don’t report your timely payments to the top credit agencies. We do and that help you repair your credit score while getting the financing you need to buy a car.
Whether you have a bankruptcy, divorce or other bad credit situations in your past, we’ll make it easy to get a car loan. Just fill out our online application and we’ll contact you to finalize your loan approval. Then pay us a visit and pick out your next car.