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Car Loan Requirements

  • All bankruptcies must be discharged
  • Must reside in Canada or the United States
  • Payments cannot exceed 20% of monthly income
  • Financing amount cannot exceed 8 times monthly payment
  • No reposessions within past year unless included as part of a bankruptcy
  • $1,500 minimum monthly gross income for bureau scores under 625

Canadian Car Finance

kjsdkjdf CanadaAutoLoan.net's dealers offer a finance team that will strive to get you on the road as quickly as possible. With bad credit and no credit car finance options available from all major financial institutions, we can offer several flexible payment options. Whether it's good credit, bad credit, or no credit we can help find financing at a dealership in your local area. Our finance team has several options available to them to help out those with all types of credit problems.

Canada Car Dealers Offer:


  • Car financing available with most major financial institutions.
  • Extended service contract protection packages available for new and used cars.
  • Flexible car financing options.
  • Fast and courteous service in all departments.

Canada Car Sales

Car sales in Canada for the month of November in 2006 compared to the same month in 2005 by almost a 16% increase. Truck sales were reported at nearly 6.5% more for the same time period for one manufacturer. Possibly the most common reason for the increase would be large cash incentives being offered by the manufacturers. Look for the best promotions among car manufacturers, as they offer special promotions each month on new cars.

Canada Car Financing Requirements


  • A monthly provable income of at least $1,600 per month.
  • Currently reside in Canada or the United States.
  • Be able to obtain automobile insurance.
  • Have full-time employment or a fixed income for the length of the loan.
  • Most lenders require a working phone number and proof of residence, such as a utility bill or credit card statement.


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