What Do Dealerships Do With Unsold Cars?

What Do Dealerships Do With Unsold Cars?

From top of the line brand new cars to reliable used ones, most dealerships have extensive inventories and offer a wide variety of vehicles for Canadian consumers to choose from. But what happens when they can’t sell all of their stock?  How Does a Car Dealership Function? Like many businesses… Read More


Should I Trade-in My Used Vehicle or Not?

Should I Trade-in My Used Vehicle or Not?

As beneficial as it can be to have access to your own mode of transportation, many second-hand vehicles become problematic throughout the years, especially when driven regularly. On the other hand, you might just be sick of looking at your current car and are now in the market for a… Read More


Where Do Used Car Dealerships Get Their Inventory?

Where Do Used Car Dealerships Get Their Inventory?

If you’ve been thinking about purchasing a new vehicle and know that a used one is the best option based on your current financial situation, you’ve likely been thinking about heading to a used car dealership. But, do you know where these dealerships get their inventory? Keep reading to find… Read More


Should You Get a 0% Car Loan?

Should You Get a 0% Car Loan?

Buying a car is one of the largest purchases you’ll make in your life, second to a home. Because of the weight of the purchase, it’s a rather big decision to make. Not only is your financial situation a consideration, but the car itself, the lender, and the dealership are… Read More


Is Your Monthly Car Payment Too Expensive?

Is Your Monthly Car Payment Too Expensive?

Unless you live in the heart of downtown right at the foot of a subway or bus station, you’ll likely need a car to get around. Whether it’s to commute to work, run some errands, or just to visit friends and family, a car is a necessity in life,… Read More


Buying a Used Rental Car

Buying a Used Rental Car

Rental cars can come in really handy in many situations. Maybe you’re heading somewhere on vacation and need a ride to get around. Or perhaps you’re taking a road trip and need something that will better accommodate all the passengers and luggage that your own vehicle can’t. Whatever the case… Read More


Buying a Car Out of Province

Buying a Car Out of Province

After long days and nights of researching cars you’d like to buy, you finally found the one. Mileage is low, the colour is right and it has all of the perks you could dream of. But, there’s one problem, the car resides in another province. If this is you, the… Read More


Do You Need a Pre-Purchase Vehicle Inspection When Buying a Used Car?

Do You Need a Pre-Purchase Vehicle Inspection When Buying a Used Car?

Are you thinking of purchasing a used vehicle? If so, you’re likely aware of how big the commitment is to buy a car. Before finalizing the purchase, it’s worth your while to do some due diligence to ensure you don’t end up with a faulty or unsafe car. Car purchases… Read More


Everything You Need to Know Before Buying a Car Online

Everything You Need to Know Before Buying a Car Online

Second, only to your house, a car is one of the biggest financial investments you’ll ever make. Once upon a time, buying a car meant spending hours at the dealership. Back then, your knowledge of pricing, APR, and availability extended no farther than what the salesperson told you. But now,… Read More


Note:

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Loans Canada and its partners will never ask you for an upfront deposit, upfront fees or upfront insurance payments on a loan. To protect yourself, read more on this topic by visiting our page on loan scams.