blog:Car News Archives | Page 2 of 8 | Car Nation Canada
First Time Car Loans in Canada: Get Pre-Approved With Ease
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Have you ever wondered how to secure a first-time car loan? If you're a Canadian looking to embark on the journey of financing your first car, this article is tailored just for you. In a market flooded with options, finding the right car loan can be a challenging yet essential step towards achieving the dream […]
Hydrogen Powered Cars in Canada: Everything You Need to Know
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You would be forgiven for thinking the future was purely electric. Automakers are investing billions in electric technology, battery research and production and governments are investing in charging infrastructure. But hydrogen is the most common element in the universe so it’s a mistake to write it off completely. The main challenge is infrastructure. […]
Car Loan Deferral: Can You Defer a Payment? & How It's Done
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A car loan is usually a fixed monthly payment you make on the same day every month until the loan is paid. It’s a long term financial commitment that doesn’t change for the length of the loan. There are occasions when you can change that or skip a payment. These are called deferrals or […]
Car Payment Holidays in Canada: Should You Request One?
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Car payments are a significant monthly expense for Canadians. While unforeseen financial difficulties can arise, many Canadians wonder, "Are there car payment holidays in Canada?" The answer is not a simple yes or no. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments required. Apply Now Understanding Car Payment […]
Does Getting Rejected For a Car Loan Affect Credit Score?
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Canadians seeking a new car often rely on financing through a car loan. But what happens if your application gets rejected? Will it negatively impact your credit score, hindering future loan opportunities? The answer is both reassuring and slightly nuanced. Get Pre-Approved in 2 Minutes or Less. All credit scores accepted & no down payments […]
Paying Off a Car Loan Early in Canada: Good Idea Or Not?
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Car loans can be a significant monthly payment. Being in a position to settle a loan early could mean you have more cash to spare each month and one less debt to worry about. Should you always pay off a car loan early? Actually no, as much depends on your situation. You would think […]
Simple Interest Car Loans in Canada: What You Need to Know
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They may call it simple car loan interest but it can be anything but. Compared to how complicated other financial products are, car loans may be simple but they can still provide quite the challenge to fully understand! That’s why we tasked our auto loans team to explain how car loan interest works […]
Financing a Loan For a Truck in Canada: How to Get Approved
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Can you get an auto loan for a truck? Can you use a standard car loan for a semi or flatbed? Today is another question asked of our auto loans team by a customer. While we don’t hear this one very often, it was intriguing enough to make a blog post out of it. […]
Can I Upgrade My Financed Car Loan To a New One In Ontario?
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Can I get a car loan for an upgrade? This is another of those questions we get to hear a lot at Car Nation Canada. We think it’s about time we answered. You can get a car loan if you want to buy a better or newer car. The rules for this type […]
Being a Co-Signer On a Car Loan: Everthing You Need To Know
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Being a cosigner on a car loan is your opportunity to do some good and help someone out. Unfortunately, not all the facts are always made available to the cosigner, leaving them exposed in ways they didn’t realize. We want you to fully understand what you’re getting into so we asked our auto loan […]