Tag Archives: car loans Mississauga

3 Things You Need To Know About the Car Loan

Whether you have good credit or bad credit, we make it possible for all of our customers to get car loans on the same day that they apply. After all, we know that getting the right car often requires a little help from our lenders. Our first priority, of course, is to make sure that all of our customers get the right cars for their needs – and that those cars are going to be safe and reliable for years to come.

Here are 3 things that you need to know about car loans in Mississauga if you’re in the car buying market:

Bad credit doesn’t matter

As far as your ability to secure a car loan goes, having bad credit doesn’t matter. We offer car loans to customers with good credit just as often as we offer car loans in Oakville  to customers with bad credit – or even no credit. Car loans help us to ensure that our customers get the best cars for their lifestyles and needs. By offering no credit or bad credit car loans, we help all of our customers get safe cars – not just those customers with perfect credit. Therefore, be sure to ask us about the rates and lending options we have just for you when you apply for a car loan.

You can get started from home

Many of our customers start the car loan process from their comfort of their own homes or offices by completing the credit application online. We have our credit application available through our secure server so that our customers can have the convenience of getting started with their car loans without ever having to come into the dealership. By getting started with the car loan process online, you can have a better idea of what type of loan you may qualify for before you come on down to speak with our lenders.

Car loans in Vaughan can improve your credit

Many of our customers are excited to learn that car loans can actually improve their credit if they have bad credit or no credit. Because car loans interest rates and car loan amounts are based on a borrower’s credit score, it’s best to have the best possible credit score when you apply for a loan. By getting a bad credit car loan, you can improve your credit score by showing future lenders that you can repay a loan. This process will improve your credit history!

Get started with your bad credit or no credit car loan today to get the right car for you – and to start turning your credit around!

Why Choose Get Car Credit?

If you are in the car buying market, then chances are good that you are looking for ways to save money when you buy your car – and get the best possible financial arrangement on the car. Our car loan program is designed to make it easy for you to buy the right car for your needs – no matter what your budget is. Through our car loan program, you can not only get the best interest rates possible for your car loan, but you won’t be denied a car loan for reasons based on your credit.

Here are a few reasons that we think you’ll enjoy getting your car loan from our lenders:

We’re on-site

One of the best reasons to get your car loan from our lenders is that we are on-site. We are located right at the dealership so that you can visit with our lenders and then take a walk through the lot in order to find the right car for your budget based on your meeting with the lenders. The dealer and lender also work together in order to ensure that the car that you buy not only suits your lifestyle, but that it also suits your overall needs.

We don’t turn anyone away because of bad credit

Many of our customers have bad credit and are concerned that they may not qualify for a car loan in Vaughan. Luckily, thanks to the strength of our lending program, we don’t deny a car loan to anyone based solely on their credit. We offer bad credit car loans, no credit car loans, and, of course, good credit car loans. The major differences between these loans is that with the bad credit car loans, you may have to pay more for your car loan and qualify for a higher interest rate than a borrower with perfect credit. However, we can still ensure that you will get a car loan at a rate that you can afford for as long as you need it. And – the car that you buy from us with the car loan will be safe and reliable for years to come.

Financing packages

A car loan isn’t the only financial solution we can offer to our customers. In fact, a car loan in Oakville is usually only one segment of our full loan packages. The car loan usually works alongside a special offer or trade-in program in order to help further reduce the price of a car or loan payments.

Contact Get Car Credit, today to learn more about our car loan program or to get started with the loan arrangement that’s right for you.

Car Credit – Your Options

Car credit is an all encompassing term for the hows and whys of financing the purchase of a new or used car. Its ambit covers loans, payments options, car refinance and leasing. It’s a complex subject so let’s look at a few fundamentals you need to understand before venturing out into these waters.

Do you have the option of going in for a secured  car loan in Mississauga? Secured loans are offered against collateral such as fixed assets or property and the interest rate is lower than for unsecured loans. However, since unsecured car loans are easy to come by, you may prefer to keep the secured loan option for some other purpose.

Before applying for car credit get a copy of your latest credit report and fix any issues which may have a negative impact on a potential lender.
Car credit covers both buying and leasing. Leasing is cheaper, but what you get is the right to use a car for the lease period after which you give it back to the leasing company. You have not bought a car and it is not your property.

Be careful in filling out your application for car credit. The application will be checked in detail and an honest error may appear, to the finance company, as an attempt to mislead them.
Research all the car credit options available to you but do not make multiple loan applications. These will be reflected in your credit report and may make it seem that you are desperate for a loan which may make potential lenders wary.

Getting a car loan in Oakville through a car dealer is usually quick and easy since the dealer knows the finance companies well and knows how applications are evaluated. He will be able to guide you on how to apply and the pitfalls to avoid.

Be realistic in planning your purchase and monthly installment budget. It is tempting to go in for a great sounding offer that will allow you to buy a car you never thought you could afford. But the bottom line to use for evaluating any car credit offer is how much you will be paying every month and how much is towards the car and how much is interest in the loan.

Prepare a budget you are comfortable with. Do not fall into the trap of availing of higher car credit in the expectation of increased income in the future. Base your planning on what is, not what will be.
At the same time, remember that taking car credit for the maximum time possible may reduce your monthly payments, but the longer duration of the car loan in Vaughan will increase the amount you will be paying in interest.

Keep accurate records of everything – your down payment, all extra expenditures like insurance, registrations and so on, your monthly installments etc. In case of any disputes with the finance company, you have all the information you need with you.

Car Loans Are a Good Thing.

If you are thinking about buying a car but are not sure whether or not to buy a car using a car loan, then we are happy to share with you some of the many reasons why we think buying a car with a car loan is a wise choice for many of our customers. When our customers apply for car loans, they are sometimes concerned about issues related to their finances, such as bad credit, the loan amount that they may qualify for, and interest rates. However, there are many other factors that go into determining whether a car loan is right for you.

Here are a few things that you may want to think about when determining whether or not to get a car loan in Mississauga:

It helps you get a good car now

Many of our customers tell us that they are trying to decide between getting a good car with a car loan or settling for a car that only meets their short-term needs that they can buy with cash. From a safety, long-term investment, and overall quality perspective, we generally encourage our customers to get a car loan that allows them to buy a car that will suit their long-term needs and current lifestyle. We can offer competitive interest rates that will help these customers to keep low monthly loan repayment amounts that they can easily afford – no matter how long they plan to keep the car loan in Oakville.

You can refinance

One issue that comes up with many of our customers with bad credit is the fact that customers with bad credit generally have to pay greater interest rates and qualify for lower loan amounts. When customers have bad credit, we encourage them to go ahead and get the safe and reliable car – even if it means paying more for their cars now. A few years down the road, paying those loan repayments each month will result in a higher credit score. With that higher credit score, they can refinance their car loans in order to save money down the road – but they’ll still have that safe and reliable car.

It’s easy

Getting a car loan in Mississauga is not as easy as some people might imagine. In fact, getting a car loan can be done in the same day that you apply – and you can begin the process from the comfort of your own home or office. Simply complete the credit application online to get started right where you’re sitting!

At Get Car Credit, your solution for car loans in Oakville, we look forward to helping you get the best car loan for your needs. Contact us today to get started!

3 Ways to Help Financing Your Car

 

If you are looking for effective ways to reduce the price of your new or used car or to make buying a used car easier than ever, then check out our three tips for financing your car purchase. These tips are designed to be effective for everyone – no matter what your current budget or financial situation is. By using one or all of these financing tips, we hope that you will be able to save a significant amount of money off of the cost of your car – no matter what your financial requirements are. Without further ado, here are our three most helpful financial tips:

Go for the loan

Many of our customers are aware that they will need a car loan in Mississauga in order to more easily afford the right kind of car for their needs. While many customers have to choose between buying a less reliable car with the small amount of cash that they have or buying a car that will suit their long-term needs with a loan, we always think the decision should be easy: go for the loan. Sure – if you buy a less reliable car with cash, you won’t have a loan to think about. However, you may have more repairs on your plate and the car may not be as safe as it should be. Taking out a small car loan in Mississauga can not only help you to afford a car that will suit your long-term needs, but it can help to ensure that the car you buy will be safe and durable for years to come. Trust us: it’s worth it.

Trade-in to trade-up

We have a helpful trade-in program that helps many of our customers trade their existing cars in for money off of the cost of their new cars. Some customers use their trade-ins to get better cars while other customers use their trade ins to reduce the overall price of the new or used car. We’re happy to help you determine the value of your trade-in so that you can maximize your savings and get the right car for you.

Look for deals

We have special deals going on for our customers all of the time. These deals change, so you’ll have to contact us to find out what deals are going on now or may be coming up. However, these deals are designed to help you get low interest rates, low down payments, cash back, or other great financial arrangements you’ll love.

We look forward to helping you save your money. Contact Get Car Credit, your first stop for car loans and bad credit car loans in Mississauga today to learn more about how we can help you!

Why Car Loans are Great Car Financing Solutions

For many people, getting a car loan in Oakville is a great way to finance the purchase of a new or used car. A car loan makes it possible for people to buy the right cars for their needs – right when they need them – by ensuring that customers have access to money that they can use to buy those cars. There are different types of car loans – and not everyone will qualify for the same car loan or financing programs. However, getting a car loan is often a very wise decision for car buyers.

Here are a few reasons why we like car loans in Mississauga so much:

Get a better car now

When customers are able to use a car loan to finance their cars, they are able to get a safe and reliable car now, without having to wait until they have saved enough money for such a car. Getting a car loan helps to ensure that customers have some flexibility in terms of what they are able to spend on their cars, which means that instead of getting a lower quality car now with cash, customers can get a higher quality car that they will commit to repaying over the period of the car loan. Many of our customers are amazed at the cars they are able to get with low monthly loan repayments.

Improve your credit score

Getting a car loan in Mississauga will also help to improve your credit score as long as you repay the loan on time and in full. By being able to get and repay a car loan, you will show to future lenders that you are financially responsible and committed to making wise financial decisions. Down the road, you will qualify for higher loan amounts and lower loan rates because of this commitment.

You can refinance

If you find that you must get a bad credit car loan in Vaughan, you can always refinance that car loan down the road as your credit improves. Refinancing can help you to lower your monthly loan repayments and may help you to save a significant amount of money over the long-term period of the loan.

Contact Get Car Credit today at www.getcarcredit.ca  for more information about car loans or to find out what kind of loan options you may qualify for. We are always happy to help our customers get the best loan arrangements for their needs with each and every loan we deliver.