Auto Repair Financing Program

Having to deal with unexpected auto repairs is stressful enough – not having the money for it can make it that much worse.

With auto repair financing, you can qualify for up to $5000 to put towards your car repairs, with easy-to-manage, fixed, monthly installments.

How Does it Work?

Once approved, the mechanic is paid the full amount of the repairs, and then you can set up automatic monthly installments to pay off your repairs over the length of the term.

Do I Qualify?

  • Amount requested must be between $500 – $5,000
  • Amount of repairs cannot exceed the liquidation value of the car
  • You must be employed for a minimum of 6 months
  • Your bank account has been active for at least 3 months

Note: You may still qualify even if there is an existing lien registered against your car!


All consultations and conversations with Loans Canada and its partners are confidential and risk-free. Speak with a trusted specialist today and see how we can help you achieve your financial goals faster.

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 here.