Car Loans Saint John, New Brunswick

📅 Last Updated: December 9, 2021

✏️ Written By Kale Havervold

🕵️ Fact-Checked by Caitlin Wood

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Car Loans Saint John - Compare Providers

		Loan Amount	Rate	Term (Months)	Rating
0	0	Up to $50,000	Prime – 35%	3 – 120	Up to $50,000
100	1709683200	Up to $1,250	Up to 32%	90 – 150 days	Up to $1,250
23	1700524800	Up to $25,000	24.99% – 29.99%	30 or 60	Up to $25,000
15	1695254400	$500 – $5,000	Up to 32%	3 – 4	$500 – $5,000
3	1692748800	Up to $350	0%	Up to 65 days	Up to $350
8	1688083200	$150 – $1,600	10 – 35%	3 – 6	$150 – $1,600
100	1686182400	$300 – $3,000	18% + fees	6	$300 – $3,000
100	1686182400	$300 – $3,000	18% + fees	6	$300 – $3,000
100	1686182400	$300 – $3,000	18% + fees	6	$300 – $3,000
6	1683676800	$15,000	6.7%	Up to 60	$15,000
1	1670889600	$1,000 – $15,000	19.9% – 34.9%	–	$1,000 – $15,000
7	1666051200	$250	0%	–	$250
100	1643932800	$500 – $15,000	Starting at 18.9%	6 – 60	$500 – $15,000
100	1623369600	Varies	0%	6 or 8 weeks	Varies
2	1620777600	Up to $35,000	9.99% – 35%	6 – 60	Up to $35,000
17	1607558400	$500 – $50,000	Varies	6 – 60	$500 – $50,000
100	1600646400	$1,000 – $35,000	12.99% – 29.99%	12 – 84	$1,000 – $35,000
100	1598918400	Up to $15,000	–	–	Up to $15,000
100	1598832000	$500 – $15,000	Start at 10.99%	9 – 60	$500 – $15,000
100	1582243200	–	–	Up to 60	–
100	1580860800	$1,500 – $10,000	–	12 – 60	$1,500 – $10,000
16	1580774400	$1,000 – $25,000	8.99% – 34.99%	36 or 60	$1,000 – $25,000
100	1579478400	$100 – $1,500	–	–	$100 – $1,500
100	1579478400	$850 – $1,600	29.78% – 34.95%	36 months	$850 – $1,600
18	1576713600	$500 – $100,000	Starting at 12.99%	Up to 60	$500 – $100,000
19	1552262400	$1,000 – $15,000	29.9% or 34.28%	6 – 60	$1,000 – $15,000
100	1551830400	$100 – $1,000	$14 per $100 borrowed	14 days	$100 – $1,000
100	1551830400	$1,000 – $15,000	19% – 34.95%	12 – 60	$1,000 – $15,000
100	1550534400	$100 – $1,500	$14 per $100 borrowed	14 days	$100 – $1,500
100	1569974400	Up to $1,500	$14 per $100 borrowed	Up to 62 days	Up to $1,500
100	1550534400	Up to $1,500	$14 per $100 borrowed	14 days	Up to $1,500
100	1550534400	$500 – $1,000	23%	3 – 6	$500 – $1,000
100	1550534400	$300 – $1,000	Up to 38%	3 – 4	$300 – $1,000
100	1549411200	$100 – $1,500	$14 per $100 borrowed	14 days	$100 – $1,500
100	1567555200	$300 – $3,000	18% + fees	6	$300 – $3,000
100	1549238400	$250 – $1,500	23.99% – 29.99%	3 – 4	$250 – $1,500
20	1548720000	$500 – $1,000,000	7.9%	12	$500 – $1,000,000
100	1548720000	$500 – $50,000	Starting at 8.99%	3 – 120	$500 – $50,000
5	1545264000	$500 – $10,000	12.99% – 34.99%	9 – 60	$500 – $10,000
2	1543622400	Up to $60,000	19.99% – 34.99%	6 – 120	Up to $60,000
100	1545350400	$300 – $1500	Starting at 18%	3 – 7	$300 – $1500
5	1545350400	$500 – $1000	Up to 32%	3	$500 – $1000
100	1545350400	$500 – $750	23%	3 – 4	$500 – $750
100	1545350400	$500 – $750	22%	90 – 120 days	$500 – $750
100	1545350400	$300 – $3,000	27% – 35%	90 – 120 days	$300 – $3,000
4	1545264000	$500 – $100,000	29.99% – 35%	9 – 84	$500 – $100,000
3	1545264000	Up to $5,000	9.9% – 35%	–	Up to $5,000
10	1545177600	Up to $35,000	Starting at 12.99%	Up to 60	Up to $35,000
18	1545177600	$100 – $20,000	Up to 35%	Up to 60	$100 – $20,000

		Loan Amount	Rate	Term (Months)	Rating
0	0	Up to $50,000	Prime – 35%	3 – 120	Up to $50,000
3	1725321600	Up to $40,000	$0.75 per $1,000 per day	–	Up to $40,000
8	1714089600	$10,000 – $20,000,000	–	–	$10,000 – $20,000,000
7	1714089600	$10,000 – $2,000,000	10%+	Up to 36	$10,000 – $2,000,000
2	1669852800	$10,000 – $300,000	–	3 – 24	$10,000 – $300,000
100	1648512000	$1000 - $250,000	–	–	$1000 - $250,000
100	1620345600	–	–	12 – 60	–
100	1611878400	–	–	–	–
17	1607558400	$500 – $50,000	Varies	6 – 60	$500 – $50,000
100	1598918400	–	–	–	–
100	1585612800	–	–	6 – 60	–
100	1581984000	$10,000 – $10,000,000	6% – 12.5%	–	$10,000 – $10,000,000
100	1580947200	$200,000 – $5,000,000	–	–	$200,000 – $5,000,000
100	1580860800	–	–	–	–
100	1580860800	–	–	–	–
100	1580860800	$5,000 – $1,000,000	–	–	$5,000 – $1,000,000
100	1580860800	–	–	–	–
100	1580860800	–	–	–	–
100	1580860800	–	–	–	–
100	1580860800	–	–	–	–
100	1580688000	Up to $10,000	Prime + 2.5%	Up to 60	Up to $10,000
100	1580256000	$5,000 – $800,000	–	6 – 24	$5,000 – $800,000
100	1579478400	$10,000 – $30,000,000	–	–	$10,000 – $30,000,000
100	1579478400	$50,000 – $5,000,000	–	3 – 36	$50,000 – $5,000,000
100	1579478400	–	–	24 – 60	–
100	1579478400	–	–	–	–
100	1579478400	Up to $1,200,000	–	12 – 84	Up to $1,200,000
100	1579046400	–	–	–	–
100	1577059200	–	–	–	–
100	1577059200	–	–	–	–
100	1577059200	–	–	–	–
100	1575849600	$5,000 – $150,000	Starting 15%	6 – 24	$5,000 – $150,000
100	1575849600	Up to $250,000	–	–	Up to $250,000
100	1575590400	–	–	–	–
100	1575590400	–	–	–	–
1	1545955200	$1,000 – $300,000	5.49% – 22.79%	12 – 60	$1,000 – $300,000
100	1552262400	Up to $250,000	–	Up to 10 years	Up to $250,000
100	1552262400	Up to $1,000,000	–	–	Up to $1,000,000
100	1551830400	$10,000+	–	Up to 15 years	$10,000+
100	1551830400	Up to $1,000,000	–	Up to 15 years	Up to $1,000,000
100	1551830400	Up to $500,000	–	Up to 15 years	Up to $500,000
100	1551830400	Starting at $5,000	–	Up to 84	Starting at $5,000
100	1551398400	$3,500+	–	–	$3,500+
100	1551398400	$10,000 – $1,000,000	4% – 14%	12 – 84	$10,000 – $1,000,000
100	1551139200	Up to $250,000	–	Up to 48	Up to $250,000
100	1550534400	$500 – $50,000	2.75% – 8.25%	12 week cycles	$500 – $50,000
100	1550534400	$1,000 – $1,000,000	6% – 20%	–	$1,000 – $1,000,000
100	1550534400	Up to $5,000,000	–	24 – 72	Up to $5,000,000
100	1550534400	$5,000 – $200,000	–	–	$5,000 – $200,000
100	1549411200	$50,000 – $12,000,000	–	24 – 96	$50,000 – $12,000,000
100	1548720000	Up to $100,000	–	–	Up to $100,000
100	1548720000	$10,000 – $300,000	–	–	$10,000 – $300,000
100	1545264000	Up to $250,000	–	3 – 24	Up to $250,000
6	1545350400	$15,000 – $1,500,000	–	6 – 36	$15,000 – $1,500,000
5	1545177600	$5,000 – $300,000	9% – 35%	Varies by product	$5,000 – $300,000
4	1545177600	$5,000 – $500,000	4.96% – 24.93%	1 – 60	$5,000 – $500,000
5	1545264000	$500 – $10,000	12.99% – 34.99%	9 – 60	$500 – $10,000

		Loan Amount	Rate	Term (Months)	Rating
0	0	Up to $50,000	Prime – 35%	3 – 120	Up to $50,000
2	1679529600	Varies	Varies	24 – 96 months	Varies
3	1632960000	Min. $10,000	6.93% – 19.99%	18 – 96	Min. $10,000
8	1624233600	$5,000 – $75,000	–	12 – 96	$5,000 – $75,000
17	1607558400	$500 – $50,000	Varies	6 – 60	$500 – $50,000
100	1600646400	$1,000 – $35,000	12.99% – 29.99%	12 – 84	$1,000 – $35,000
6	1597104000	–	–	–	–
6	1582761600	–	–	–	–
100	1581033600	–	–	–	–
100	1580688000	–	Starting at 12.9%	–	–
100	1579478400	–	–	–	–
100	1579478400	–	–	–	–
100	1579478400	–	–	–	–
100	1578873600	–	Starting at 10.99%	–	–
100	1578873600	–	–	–	–
100	1551830400	Starting at $5,000	–	–	Starting at $5,000
100	1552262400	Up to $1,000,000	–	up to 96	Up to $1,000,000
100	1551830400	–	–	6 – 96	–
100	1551830400	$10,000+	–	12 – 96	$10,000+
100	1551830400	Up to $1,000,000	–	Up to 15 years	Up to $1,000,000
100	1577059200	–	–	–	–
100	1577059200	–	–	–	–
100	1575849600	–	–	–	–
100	1575849600	$5,000 – $45,000	4.90 % – 29.95%	–	$5,000 – $45,000
100	1575849600	–	–	–	–
100	1575590400	–	–	–	–
6	1569974400	–	Up to 29.99%	12 – 96	–
100	1561507200	–	–	–	–
1	1560124800	Up to $100,000	3.99% - 19.9%	24 -96	Up to $100,000
100	1551830400	–	–	–	–
100	1548633600	–	Starting at 4.2%	–	–
5	1545264000	$500 – $10,000	12.99% – 34.99%	9 – 60	$500 – $10,000
100	1545177600	–	–	12 – 84	–

		Loan Amount	Rate	Term (Months)	Rating
0	0	Up to $50,000	Prime – 35%	3 – 120	Up to $50,000
100	1578873600	Up to $50,000	–	24 – 60	Up to $50,000
100	1545264000	Up to $50,000	–	–	Up to $50,000

		Loan Amount	Rate	Term (Months)	Rating
0	0	N/A	N/A	N/A	N/A
3	1726531200	$5,000 +	6% – 16%	12 – 60	$5,000 +
5	1700524800	–	-	-	–
4	1690934400	–	–	–	–
2	1688601600	Min $110,000	4.14% – 6.29%	24– 120	Min $110,000
3	1679616000	$100,000 – $2,000,000	Varies	12 – 60	$100,000 – $2,000,000
100	1627344000	–	4.50% – 5.97%	12 – 60	–
100	1581033600	–	4.19% – 6.04%	12 – 120	–
100	1580860800	–	–	–	–
100	1580860800	–	2.99% – 5.49%	6 – 60	–
100	1580860800	$50,000+	–	12 – 120	$50,000+
100	1580860800	–	–	–	–
100	1580860800	–	–	–	–
100	1580688000	–	–	6 – 60	–
100	1579478400	–	4.54% – 7.49%	6 – 120	–
100	1578873600	–	–	–	–
100	1577059200	–	–	–	–
100	1577059200	–	4.49% – 6.63%	1 – 10 years	–
100	1574899200	–	–	12 – 60	–
100	1560124800	–	4.64% – 5.80%	1 – 10 years	–
100	1548806400	$10,000 – $3,000,000	Varies	12 – 24	$10,000 – $3,000,000
1	1517097600	$10,000 – $500,000	Starting at 10%	–	$10,000 – $500,000

		Services	Rating
0	0	Debt Consolidation Program, Debt Settlement Program, Consumer Proposal, Bankruptcy Consultation	N/A (Referrer)
100	1576540800	Credit Counselling, Bankruptcy, Consumer Proposal
100	1576540800	Bankruptcy, Consumer Proposal
100	1576540800	Credit Counselling, Debt Management Program
100	1576368000	Credit Counselling, Debt Management Program

While public transportation across Canada is more popular than ever, many still elect to get around in cars. They are convenient and offer incredibly quick and easy transportation. Whether you live in Toronto, Winnipeg, or even Saint John, you are likely to see cars on the roads at all hours of the day.

Unfortunately, most cars cost thousands of dollars, which is more than most people have sitting around. Not only that but the cost of maintenance and gas can add up quickly. Thankfully, car loans in Saint John exist and can help a wide range of consumers purchase the car that they want or need, without decimating their finances.

Popular Vehicles Available in Saint John

A car loan in Saint John can make it easier to afford a vehicle, but what sort of vehicles can you get with a car loan? Well, the answer is any of them. Most vehicle lenders won’t be concerned about what kind of car you get, as long as you make your agreed-upon payments on schedule. That means you can use a car loan to get a range of vehicles including:

Sedans
Coupes
SUVs
Trucks
Vans
Hatchbacks
Hybrids
Convertibles
Electric cars

However, just because you can get nearly any car with a car loan, doesn’t mean you should. You still need to stick to a budget to make sure you aren’t spending too much. If you purchase a car that is far out of your price range, it could be difficult to make all of the payments on time.

Because of the unpredictable weather we experience throughout Canada, it is also a good idea to make sure the car you get is reliable. The last thing you want to do is have your vehicle not be able to start up on a cold winter day. The car you choose should also meet your needs. Certain consumers may require a big truck to transport goods around the city, while others might only need something small and fuel-efficient. Also, the car you end up with will depend on the stock in your city and the dealerships that you have around.

Reasons Why People Need Car Loans

While you now know a little more about car loans in Saint John, why do people need them? Well, there are actually a variety of different reasons why people may need a car loan. First and foremost, cars are expensive to buy. Even a basic used vehicle that is several years old will cost thousands of dollars. If you want something new, or with upgraded features and options, you could be looking at tens of thousands of dollars when all is said and done.

However, not having the money isn’t the only reason why people need car loans. Other reasons include:

Needing to upgrade their car to a newer model
Needing a new vehicle after your old one died
To get a larger vehicle for a growing family or changing needs

Can You Get a Car Loan With Bad Credit?

Getting a car loan in Saint John can be a great way to get a vehicle without spending an arm and a leg, but what if you have bad credit? Will you be unable to secure a car loan? Thankfully, the answer is no. Getting a car loan with bad credit is still entirely possible. The definition of bad credit can vary a bit depending on who you ask, but in many cases, a credit score lower than about 600 is considered bad.

If you want to give yourself a good chance of getting a car loan with bad credit, there are a couple of different things you should be sure to do.

A Down Payment

First, you should save up a large down payment. The larger down payment you have, the less you will have to borrow and the less risky you will be in the eyes of the lender.

Shop Around

Another thing to give yourself a good chance is to shop around. Finding the right lender in Saint John is important, as not everyone will be willing to work with someone that has bad credit. Visit many local lenders, as well as looking online, and eventually, you will find a quality lender that can help you out and will be willing to work with you.

Work to Improve Your Credit

While it’s possible to get a car loan with bad credit, some people may prefer to increase their credit first before attempting to get a car loan. This can help you get a lower interest rate, get a more reliable car and even work with a wider range of dealerships and sellers. While it won’t happen overnight, it is possible to improve your credit relatively quickly if you do things like:

Making all of your payments on time
Spending responsibly and keeping credit utilization low
Keeping old credit accounts open
Checking your credit report for errors
Not constantly applying for new credit

It’s not magic, and will certainly take some lifestyle changes, but improving your credit score can be quite valuable and could save you a lot of money in the long run.

Having trouble deciding between a used car and a new one? Check out this infographic.

Car Title Loans

For those consumers that already own a vehicle and are looking for additional financing to help with a specific financial need, using your vehicle as collateral is an option that should be considered. If you own your vehicle outright, you can put the title up for collateral to improve your chances of getting approved, due to the lender taking on less risk. Of course, you need to own the vehicle outright in most cases, and it needs to have at least some value.

It is a great solution to consider, especially if you have bad credit and need funding quickly, but you need to be careful. If you miss your payments and end up defaulting on the loan, the lender could seize your title and you could lose your car. When it comes to secured loans of any kind, be sure to only borrow amounts that you are confident you will be able to pay back on time.

Trading in Your Old Car

When you get a new car with your car loan in Saint John, you likely won’t have a use for your old car. Sure, you can keep it as a backup, sell it privately or use it for parts, but there is another way to get some value out of your old car. By trading in your old vehicle, you will often be eligible for a slight discount on your new vehicle.

It can be a great way to not only get rid of your old car that you no longer need but also save a little bit on your new one. The amount you will get will depend on the quality of the car, how old it is, how far it has been driven and a variety of other things. However, before you go expecting to get thousands of dollars for your used car trade-in, it is a good idea to temper your expectations.

Cars depreciate very quickly and most dealerships won’t give more than a couple of thousand dollars at most unless the car’s condition calls for it. In most cases, you will only get a few hundred dollars up to maybe a thousand for most older vehicles.

Even still, it saves you a lot of work trying to sell your car, while saving you a decent amount off of your new car in the process. Also, while trade-ins are popular, not every dealership will offer them. So be sure to ask a dealership beforehand about trade-ins if that is something you are interested in.

The Best Car Loan For Your Needs

If you’re in the market to purchase a new or used car and are unsure of the financing options available to your, Loans Canada can help. We can help you compare lenders and loan options and even match you with a lender who meets your needs.

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