FREQUENT
QUESTIONS
Bankruptcy?
We obtain financing for your new or pre-owned vehicle.
Credit Problems:
We will help you reestablish your credit rating when you finance a
vehicle with us.
Credit Specialists:
We are the pros at EasyCarApproval.ca
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Q: Is the service free?
A: Absolutely free!
Q: Who should use EasyCarApproval.ca?
A: Anyone who is in the process of buying a vehicle, regardless of your
credit history. In other words, whether you have an Excellent, Damaged
or No credit rating at all, you will have the opportunity to obtain a
new or certified pre-owned vehicle at a very competitive price and
finance rate. Our commitment to you is to do everything in our power to
obtain financing for you at the best possible rate and terms, regardless
of your current situation.
Q: Will I be approved for a loan?
A: Until we actually receive all of your information and go to work for
you, there is really no way to answer this question. In order to be
approved for any automotive loan, you need to currently have an income
and, if you have been bankrupt, you must be discharged.
Q: What is the procedure?
A: Complete our
secure online application. This application will go
directly to one of our Automotive Finance Specialists and he/she will
immediately go to work for you. We are not a "lead generator" service
that sells financing leads to dealers for a profit – we are a licensed
new and pre-owned dealer and all of your information will be handled by
our specifically trained Specialists, not just re-sent to another
dealer. Once we have received your secured
application, we will contact you in
order to review your application and explain the financing options. Once
your loan is approved, our Automotive Finance Specialist will work with
you to get you into the best possible vehicle that meets your needs and
budget. The whole process usually takes 24-48 hours.
Q: What model years can I purchase?
A: Vehicles between 2000 and 2010. We will work with you to secure your
financing on as new of a vehicle as possible that meets your needs and
budget. A large part of our EXCLUSIVE credit re-building plan for you is
to ensure that the vehicle that we assist you in obtaining will offer
you reliable and worry-free driving for years to come.
Q: Can I use my existing vehicle as a trade in?
A: Absolutely!
Q: What are the interest rates for an auto loan?
A: Interest rates are determined by the different actual lenders and
financial institutions and are influenced by several factors, including
the severity of credit problems, the amount of down payment, the vehicle
age, employment stability and the degree of credit risk. The rates vary
between 6.9% and 29.9%. Our Automotive Finance Specialists will explain
all of these factors to you, and will tell you exactly what your
interest rate will be after having received your application. If you
have an excellent credit, you may even qualify for dealer sub-vented
rates as low as 0%!
Q: Where is www.EasyCarApproval.ca located?
A: We have locations Sudbury and Orillia, Ontario but we serve all of
Northern and central Ontario. We deliver vehicles FREE OF CHARGE to anywhere in Ontario.
Q: Can you finance a vehicle that I have found at another dealer?
A: No. All vehicles must come from one of our dealerships. We have found
that this is the only way that we can guarantee that you are getting a
quality vehicle that will last you for years to come. We have over 150
vehicles in our inventory at all times, with access to hundreds more, so
we can always find a vehicle that meets your needs and budget.
Q: Can you finance a vehicle that I will purchase from a private
party?
A: No.
Q: Do you finance motorcycles, boats, ATVs or RVs?
A: No.
Q: Do I need to have cash down in order to obtain the car?
A: You may need to have between $500.00 and $1000.00 to put down as a
deposit, and the more money that you are able to put down, the better
terms and rates that we can offer you. In many cases it may be possible
not to have to put any cash down at all.
Q: If I am bankrupt, divorced or seasonally employed can I obtain
financing for a vehicle at competitive rates?
A: Absolutely! We here at www.EasyCarApproval.ca have over 14 chartered
banks and financial institutions that we deal with that all work with
bankrupt, divorced and seasonal workers. |
