Vehicle financing in BC
Financing,
without the runaround.
Buying the vehicle and financing the vehicle shouldn’t feel like two separate processes.
We handle both. From finding the right vehicle to arranging your financing and completing the purchase, you’ll have one team working with you from start to finish.
Getting started won’t affect your credit score.
Financing starts before the application
Let’s look at the whole purchase.
The vehicle you choose, how much you finance, your interest rate, loan term, down payment and trade-in all affect what you ultimately pay.
That’s why we don’t start and end with:
“What monthly payment do you want?”
We’ll look at what you’re trying to buy, your budget and your financing options together, then walk you through the numbers before you decide.
Who we work with
Good credit isn’t a requirement for a conversation.
We work with buyers in all kinds of financial situations.
Established credit
Already have strong credit? We’ll work through the available financing options for your vehicle purchase and help you compare the numbers.
Rebuilding credit
Had some credit challenges? We’ll look at where things stand today, what options are available and what those options actually cost.
First-time buyers
Buying your first vehicle comes with a lot of numbers and terminology you have probably never had to think about. We’ll walk you through it so you know what you’re signing and why.
Self-employed
Not everyone receives a traditional paycheque. If you’re self-employed, we’ll work through the documentation required for your application and the financing options available to you.
New to Canada
Still building your Canadian credit history? We can help you through the vehicle financing process, explain what is required and work on your vehicle search at the same time.
Work & business vehicles
Looking for a truck, cargo van or other vehicle for work? Tell us what you need. We can help source the vehicle and handle the financing as part of the same purchase.
Before you sign
Know the numbers behind the payment.
A monthly payment by itself doesn’t tell you whether you’re getting a good deal. We want you to see the bigger picture.
Vehicle price
The purchase price of the vehicle.
Down payment
What you’re putting toward the purchase upfront.
Trade-in
What your current vehicle contributes to the transaction.
Interest rate
The rate you’re paying to borrow the money.
Loan term
How long you’ll be making payments.
Amount financed
How much you’re actually borrowing.
Total cost of borrowing
What the financing will cost over the life of the loan.
A lower monthly payment doesn’t automatically mean you’re paying less.
Stretching a loan over a longer term can lower the payment while increasing how much you pay overall. We’ll show you the numbers.
Financing · From application to keys
What happens after you start a pre-approval.
Tell us what you’re looking for
Have a vehicle in mind? Tell us. Still figuring it out? Give us your budget, vehicle type and priorities and we’ll start there.
Start your pre-approval
Give us some basic information about yourself, your income and your current situation. Getting started won’t affect your credit score.
We work on your approval
We’ll review your information and work through the available financing options. If more documentation is required, we’ll tell you exactly what we need.
We find the vehicle
If you haven’t already chosen one, we’ll search based on what you want and what you’re approved for. We’re not limited to what happens to be sitting on the lot.
You review everything
Vehicle. Price. Trade. Financing. Payment. Term. You get the chance to review the numbers before anything moves forward.
We finish the purchase
Once you’re happy with the vehicle and the financing, we’ll handle the remaining paperwork and get everything ready for you.
A better way to think about budget
Don’t shop by payment alone.
It’s easy to say “I want to stay under $600 a month.” But $600 can represent very different purchases depending on the interest rate, loan term, down payment and amount financed.
We’d rather know both what you’re comfortable paying each month and what vehicle you’re hoping to buy. Then we can work with real numbers instead of squeezing a vehicle into a payment.
Already have a vehicle loan?
Your current loan doesn’t mean you’re stuck with your current vehicle.
If you’re thinking about trading in a vehicle you’re still financing, we’ll look at:
- What you currently owe
- What your vehicle is worth
- How much equity or negative equity you have
- How that affects the next purchase
Then we’ll show you the numbers before you decide whether changing vehicles is worth it.
Start My Pre-Approval
Haven’t found the vehicle yet?
Good. Start here.
You don’t have to spend the next three weeks searching listings before talking to us. Tell us what you want and we’ll work on the vehicle search and the financing together.
If the vehicle you want isn’t realistic at the budget you’ve given us, we’ll tell you rather than pretending otherwise. We’ll show you what’s available, what would need to change, and let you decide where you’re willing to compromise.
Frequently asked questions
Will starting a pre-approval affect my credit score?
No. Getting started with Easy Start won’t affect your credit score. If a credit check becomes necessary later in the financing process, we’ll let you know before it happens.
Do I need good credit?
No. We work with customers across a range of credit situations. Your approval, rate and available terms depend on your individual application and lender requirements.
Do I need a down payment?
Not necessarily. Down payment requirements depend on the application, the vehicle and the lender. We’ll tell you if one is required.
Can I finance if I’m self-employed?
Yes. Self-employed applicants can qualify for vehicle financing. The documentation required can differ from a traditionally employed applicant.
Can I trade in a vehicle I’m still financing?
Yes. We’ll compare the amount owing on your current loan with the vehicle’s trade value and show you how the difference affects your next purchase.
Can you help finance a truck or cargo van for work?
Yes. We work with customers looking for trucks, cargo vans and other work vehicles, and can help with both sourcing and financing.
Do I need to find the vehicle first?
No. You can start with the exact vehicle you’re looking for, or start with your budget and let us work on the search and the financing together.
Ready to start?
Tell us what you’re looking for.
Already found the vehicle? Great. Still looking? We’ll help with that too. Start your pre-approval and tell us what you want to drive. We’ll take it from there.
No pressure to choose a vehicle just because we found it. The final decision is always yours.
