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 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?
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 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
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
Car Loans For Students
As a student, you might be wondering, can I get a car loan? The short answer is yes, but you will need to have good credit and steady income. Without these two things, it can be a challenge to get approved. After all, if you step into the lender’s shoes,… Read More
My Car Loan Application Was Rejected, Now How Do I Get Approved?
It’s tough to get around these days without a car, especially if you live in the suburbs or in rural parts of the city. Unless you live right on a bus or subway route, having a set of wheels is almost mandatory. But cars are so expensive these days. Read More
84 Month Auto Loans: The Good and The Bad
To make car loans more affordable for the average consumer, lenders have created extended auto loans that can be as long as 84 months. The longer the loan term is, the more your payments are spread out thereby making the monthly payments more affordable. On the surface, cheap monthly… Read More
Everything You Need to Know About Auto Refinancing
There are plenty of reasons someone may want to refinance an auto loan. Most involve changing the length of your term, reducing your monthly payment, or adding or removing a person from the loan. Whatever your motivation may be, it is important to note that everyone’s financial situation is unique. Read More