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July 29, 2020

How Ontario Dealers Sell Cars and Give Out Car Loans

As of July 22, there are 36,674 unsold 2019 cars in Ontario. And, dealers need them out before year's end!1 Because August is a busy month, dealers are working especially hard to get rid of inventoryregardless of your credit. And because of a special program, now seems to be the best time for a car buyer.

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Here's the secret that dealerships don’t want to tell you—and why getting that perfect vehicle with low monthly payments is FAR EASIER than you ever imagined (if you know where to look and meet two requirements)!

Before you get suckered into that negotiation game, we want to show you the MASSIVE benefits being linked to online car loan approvals.

A special program may allow those with any credit and $0 down to get a car loan worth up to $40,000–to rebuild their credit. A recent applicant had a 520 credit score and received a $26,000 car loan. And, one with a 610 score, got one worth $35,000. This program has a 95% acceptance and you get qualified in as little as 24 hours.

Because of these many offers and programs, now may be one of the best times to purchase a new or used vehicle and take advantage of current financing approvals.

I usually don’t click online ads but I needed a car fast. LendingArch was able to make sure I got the funds for a car quick. The entire process took less than 48 hours. A very professional organization all around.

Alex Broadway
Calgary

I was surprised to learn they had dealerships everywhere in Canada. I got the best terms and lowest price. So happy to use such an amazing service. Thanks for getting me into my dream car fast!

Mohamed Kazmi
Ottawa

These are the two requirements: you've had an income for longer than 3 months and it's at least $2k monthly. Start below and get dealer's special online-only finance approval (this avoids the headache of in-person applications). Because dealers need to move cars – many drivers with good, bad, and no credit are getting loans if you meet these two requirements. See what you qualify for, and you may get approved for a low monthly payment auto loan.

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* Our partner's clients results may vary based on the ability to save funds and completion of all program terms. Not all of our partner's clients are able to complete their program for various reasons, including their ability to save sufficient funds. Our partner's estimates are based on prior results, which will vary depending on your specific circumstances. Our partner does not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. Our partner does not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting, or legal advice or credit repair services. Our partner's service is not available in all states and their fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, which may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest.

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