I Can't Afford Car Payments, What Are My Options in Canada?

Numerous Canadians who had no fault of their own ended up in tough circumstances. Financial hardships are just one example of how the pandemic has wreaked havoc on every part of our life.   So what can you do if you can't afford a car loan anymore? Most Importantly, Don't Panic What comes first? Not […]

Not everything goes as planned. We're humans, and sometimes we make a commitment that we intend to make, but then, life happens.   Often, this happens by no fault of ours. Still, our inability to meet these commitments reflects badly on our image, making us look less than the person of honour we are.   […]

Have you ever been shopping for a car and found yourself forced to pick between 2 different cars you love? There’s a sneaky third option: why not both? Why not indeed as that’s the subject of this article. Hopefully, this helps you decide whether or not owning multiple cars is a good idea for you. […]

Depreciation is where a car loses value over time. It happens to all cars but at different rates depending on the desirability, cost, perceived brand value and current market but is usually at a fairly predictable pace. So how does this factor into a car loan?     A brand-new car will depreciate between 40-50% […]

Extending an auto loan isn’t something you should do lightly but it can be a viable way to make it more affordable or to help you when times are tough. Extending the loan isn’t your only option though. It may not be the best option either.   Most auto loans are for a set period […]

Even though buying a car with cash provides benefits, it might not be the best option for your situation. Auto loans can occasionally be useful while being more expensive overall.   Another question that we are unable to adequately answer because it greatly depends on your specific situation. Instead, we'll provide you with some guidance […]

  When it comes to choosing a compact sedan, two names stand out prominently in the market: the Hyundai Elantra and the Kia Forte. Both vehicles hail from South Korean automakers and share a similar platform, but they each bring their own unique characteristics and features to the table.   In this article, we will […]

Do you have concerns about obtaining a car loan with a 600 credit score? Although securing financing with this credit score range can present challenges, it's not an insurmountable hurdle.   In this article, we will delve into the intricacies of acquiring car loans with a 600 credit score and strategies to enhance your chances […]

Are you worried that bad credit will hinder your chances of leasing a car in Canada? Fear not! In this article, we will debunk common misconceptions and shed light on the possibility of leasing a car, even with less-than-perfect credit.   Get ready to discover how you can drive your dream car, regardless of your […]

When shopping around for car loans, you will see two terms used a lot, fixed rate and variable rate. All car loans will feature one or the other and some lenders deal exclusively in one form of interest over the other. So what are they and which is best? Get Pre-Approved in 2 Minutes or […]