page-loader

Blogs

02 Aug, 2022
Canada Prime Autos
How to get a low-interest rate car loan with bad credit?

If you need a low-interest rate car loan, but your credit isn't ideal, your financing terms can be pricey. Lenders use credit scores to determine the possibility that you'll repay your loan; the lower your ratings, the greater the risk they perceive incurring. Lenders will often demand a higher interest rate to cover that risk. Due to their heightened risk of loan default, banks, credit unions, and other types of lenders regrettably occasionally turn down applicants with poor credit ratings. However, it doesn't mean that having poor credit makes it challenging to obtain a vehicle loan.

Read More
07 Jul, 2022
Canada Prime Autos
How much does refinancing cost out of pocket?

Refinancing entails replacing your current loan with a new one with changed terms. There is no cost to refinancing your automobile unless the lender charges an application fee. Some portions of the process, such as retitling the automobile, may entail a price depending on where you live, but there is no set fee. Depending on how your initial auto loan was structured, specific borrowers may be required to pay early termination costs.

Read More
07 Jun, 2022
Canada Prime Autos
What do you need to finance a car in Canada?

Having the necessary documentation on hand could help you receive a vehicle loan faster when the time comes to apply. For example, lenders are often searching for evidence that you are a good credit risk and will be able to repay the loan. This information and your credit record and score will be used to determine the interest rate you are offered. Here's a checklist of things you'll need for a car loan to get you started.

Read More
17 May, 2022
Canada Prime Autos
Does Refinancing a Car Hurt your Credit?

Does refinancing a car hurt your credit?: Before answering this question, We should focus on what is refinancing? Refinancing is basically replacing an existing debt by paying it off with another debt. This debt can have new terms of repayment, a varying interest rate, or a different payment deadline.

Read More
09 May, 2022
Canada Prime Autos
How Can I Check my Car Loan Balance Online?

In order to understand car loan balance online, we need to briefly discuss what it consists of. The three parts are interest rate, security, and term.

Read More
24 Mar, 2022
Canada Prime Autos
Disadvantages of paying off a car loan early

When thinking about loans. The automatic response would be to pay them off to get rid of the financial burden a loan carries. It almost feels like a weight is lifted off your shoulders.

Read More
15 Feb, 2022
Canada Prime Autos
3 Easy Ways To Qualify For Instant Approval Of Car Loans

Owning an automobile is a dream shared by many Canadians! Unfortunately, not everybody has a large bank balance or a large sum of money to spend on a car.

Read More
31 Jan, 2022
Canada Prime Autos
Why Calculating a Car Loan is Important?

After researching calculating a car loan online you must have already found out that you need to pay a certain amount of interest when purchasing a car on auto finance. 

Read More
03 Jan, 2022
Canada Prime Autos
5 Things to Consider When Looking for a New Car in Canada

After investing in a property, buying a new car is one of the most critical decisions you will make. Many considerations, such as practicality and auto financing, must be considered before making a decision.

Read More
22 Dec, 2021
Canada Prime Autos
5 Car Loan Mistakes That Cost You Money

If you’re in the market to purchase a new car through a fast auto loan, Canada has many options you can browse through. You might have a car that has a million miles on it but still looks and smells brand new or you’re someone who likes to get behind the wheel of a new car every year. Regardless, purchasing a new car can be an exciting new experience for everyone; however, it can quickly turn into a financial burden when you learn that you overpaid for your auto loan. Here are five mistakes to steer clear of while negotiating an auto loan at a dealership.

Read More
16 Dec, 2021
Canada Prime Autos
How to Maintain Your 1st Car

Taking care of your car is really important especially when you’re buying a car with bad credit since it helps to retain the value of the car. Automobile enthusiasts take precautions such as ceramic coating

Read More
06 Dec, 2021
Canada Prime Autos
What to Consider Before Applying For an Auto Loan?

Buying a new car in today's world is a hassle since there are so many options to select from. You must think about a lot of things, such as which brand to choose. Ford and Toyota cars are extremely reliable, but if you want to upgrade, should you choose a Lexus, a Cadillac, or a Mercedes-Benz, but which model? When it comes to the numerous cars available on the market, the sky is the limit.

Read More
easy car loan Canada