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3 Ways to Help Financing Your Car

If you are looking for effective ways to reduce the price of your new or used car or to make buying a used car easier than ever, then check out our three tips for financing your car purchase. These tips are designed to be effective for everyone – no matter what your current budget or financial situation is. By using one or all of these financing tips, we hope that you will be able to save a significant amount of money off of the cost of your car – no matter what your financial requirements are. Without further ado, here are our three most helpful financial tips:

Go for the loan

Many of our customers are aware that they will need a car loan in order to more easily afford the right kind of car for their needs. While many customers have to choose between buying a less reliable car with the small amount of cash that they have or buying a car that will suit their long-term needs with a loan, we always think the decision should be easy: go for the loan. Sure – if you buy a less reliable car with cash, you won’t have a loan to think about. However, you may have more repairs on your plate and the car may not be as safe as it should be. Taking out a small car loan can not only help you to afford a car that will suit your long-term needs, but it can help to ensure that the car you buy will be safe and durable for years to come. Trust us: it’s worth it.

Trade-in to trade-up

We have a helpful trade-in program that helps many of our customers trade their existing cars in for money off of the cost of their new cars. Some customers use their trade-ins to get better cars while other customers use their trade ins to reduce the overall price of the new or used car. We’re happy to help you determine the value of your trade-in so that you can maximize your savings and get the right car for you.

Look for deals

We have special deals going on for our customers all of the time. These deals change, so you’ll have to contact us to find out what deals are going on now or may be coming up. However, these deals are designed to help you get low interest rates, low down payments, cash back, or other great financial arrangements you’ll love.

We look forward to helping you save your money. Contact us first for car loans and bad credit car loans today to learn more about how we can help you!

Fast Financing to Put You Back in the Driver’s Seat

The best part about living in a society that likes everything fast is that you can actually get car financing today. With technology leading the pack, it has become so quick and easy to simply jump on the Internet, research the multitude of online lenders and financial institutions, apply for a loan, and get approved.

Thanks to the Internet, many people have found it possible to get financing for a new or used vehicle. If your credit is not in tip-top shape, there are various funding sources out there that can help to get you the money you need. Scour the Internet for different online lenders. These types of lenders typically have the fastest turnaround and will be your best bet in securing funds almost immediately.

After you have compiled a list of your top choices, conduct a thorough review of each one for legitimacy. If you are still unsure, you can always get a referral from your dealership. These online lenders will need to gather personal information from you, so it is always best to err on the side of caution and double-check anything you find suspicious.

Once you have done your research and narrowed down the final selections, you can start filling out the applications on the websites. Make sure to pay attention to the specific instructions of each lender as their requirements may vary. The application process is quick and usually takes no more than five minutes to complete.

After you have submitted your applications, you simply wait to be contacted. If your credit rating is good, you will most likely receive a response fairly quickly. As the offers roll in, compare them all to see which one is giving you the best deal. Try to take into consideration that the best deal is not necessarily the one offering the lowest interest rate. Make sure to factor in additional charges and fees as well.

Lastly, once you have found the right offer, accept it and get car financing today. It is just that simple.

How To Find a Great Car Loan

When it the Right Time to Buy a Used Truck

When it comes time to buy a used truck, many of our customers want to know about when the right time is. Some customers are thinking in terms of the seasons. Other customers are thinking in terms of prices. Here are some tips to help you find the right time to buy a used truck:

Seasons

Some of our customers come to us just before the winter season because they have decided that they need a truck to get them through the winter. Many of these customers also have a smaller vehicle that they use on a daily basis, but need the truck for safety reasons on slippery winter roads.

Trucks are actually excellent vehicles in all seasons – not just in winter seasons. Therefore, we recommend that you look at options that could help your truck to be perfect for year-round use. For example, the tires that you put on the truck could make a big difference. Some tires are made for winter driving while other tires are made for all-season driving.

Price

We work hard to provide the lowest possible rates on our used trucks year-round. However, it is true that we also offer periodic specials on used trucks to make the prices ever lower for some models. Not all used trucks will get special rates even when we have our specials sometimes. Therefore, we encourage you to consider the cost and benefits of waiting to buy your used truck and of buying it now.

Many customers recognize that while the specials are excellent, the comfort and convenience of having a used truck when they need it is more important than waiting. Contact us to talk about current specials that may apply to you or to learn more about financing for your used truck.

Need

Many people purchase their used trucks based primarily on need. For example, if an older car broke, they might truly need to buy a used truck quickly so that they can get to work and home safely. Therefore, consider how much you might need to use a truck in terms of convenience and lifestyle. Waiting to buy a used truck may be more costly than it’s worth.

Also, consider the fact that we offer competitive financing options so that if you do need a used truck now, we can help you afford it comfortably. Contact us today for fast, easy ways to apply and be approved for financing. Stop walking and start driving today!

Getting Your Car Financing Contract

So you finally found your dream car. For most people, just putting down cash is not the best or most sensible option. Even if you have sufficient funds available, emptying your savings account may not be your best option. As such, you will turn to exploring financing options. Before you become mired in the vast array of choices and confusing jargon, consider pursuing your financing with us.

We offer competitive financing rates, with several options available. Our knowledgeable and experienced financing professionals are here to guide you through every step. We are here to answer any questions you may have. With us, you do not need to fear fine print and unrecognizable legalese – our financing experts will outline everything in clear terms

Our streamlined application and approval process ensures that you get your financing quickly and without hassle. Instead of waiting days or even weeks for your loan to be approved and for the paperwork to come through, you could be driving off in your new car that very same day.

Available to you is a range of rates and terms so that you can obtain the financing arrangement that is most suitable to your lifestyle and financial position. Our professionals will listen to you and go the extra mile to ensure that your needs are met. We periodically offer discounts and special programs, so be sure to ask our representative to tell you about those.

Together with our financing program, we offer the inclusion of items such as extended warranties, extra rust protection, alarm systems and insurance options. If you are interested in obtaining any of these, they can be included in your financing. Talk to our professionals to find out which options are best for you.

At Thomson Auto Financing, financing is available to you on great terms, with many options to choose from. Our financing experts will be there for you every step of the way and will do everything to make sure you are happy with your contract.

3 Pros To Getting a Loan For Your Car

Purchasing a vehicle isn’t something to take lightly or just do on a whim. This should take careful consideration. After all, your car will serve many purposes, hopefully or a number of years to come. Buying a used car doesn’t have to cause panic or anxiety, however. With car loans, it can be easier than you may think to own a vehicle, whether it’s your only car or if you plan on it being an addition to what you already have. Here are some benefits of obtaining a loan for your next used car.

Won’t Drain Your Bank

Securing a car loan can often be done with very little up front. Sometimes, you can finding lending that won’t require anything down. While you’ll have monthly payments for the life of the loan, you won’t be out a large sum of money at one time. This means you’ll keep your hard-earned cash for yourself to spend on your needs, including upcoming car maintenance and repairs. Purchasing the vehicle outright will take away from what you currently have in your account.

Easier Than You May Think

One thing that keeps people from using car loans for their next automobile purchase is the worry that the lending process will take too much time or will involve more paperwork than is wanted. But actually, here at Thomson Auto Financing we handle the lending aspect of the transaction, making the process smoother and painless. You can obtain a loan for your car quite easily without having to wait for the keys.

Helps You Get a Car You might Not Otherwise Buy

The price tag of even a used car can look out of reach or daunting. You might not have that kind of cash on hand, but with a loan, you can map out a plan to afford the monthly payments and ultimately own the car outright.

For your next purchase, consider a car loan. You can drive off in a reliable car sooner than you thought was possible.

Frequently Asked Questions About Bad Credit Car Loans

Whether you have bad credit or simply want to know about how to obtain a bad credit car loan, we have the answers to common questions that you may be asking yourself or your lenders. Before you read these questions and answers about getting a bad credit car loans, keep in mind that we offer bad credit car loans, regardless of your credit history or financial situation. If you do not find the answers to your specific questions about getting bad credit car loans in this article, then contact us to ask us your questions in person.

Why does credit affect my car loan?

Whenever you go to take out a loan for anything, such as a car, a house, or another major purchase, your lenders will need to assess the risk level associated with taking out that car loan. If you have a bad credit history, then the lender may decide that the risk level is higher with giving you a loan because they may determine that you will have a harder time paying back the loan. Don’t worry if this is the case; it doesn’t mean that you won’t get a loan, but it may mean that you’ll have a higher interest rate and lower loan amount. Each situation is different, so contact lender for more details about your specific situation.

How long will it take me to pay off the loan?

The answer to this question completely depends on each person. When you come in to take out a loan, your lender will factor the amount of the down payment that you are able to make, your current income level, and the interest rate that you’ll need to pay. Each of these characteristics will help to determine how long it will take you to pay off the loan.

You’ll have some input as well. If you prefer to make lower monthly payments, then the loan amount will be longer. If you are able to make higher monthly payments, then you may be able to get a shorter loan amount. We can show you a variety of different loan options so that you can determine which is best for you.

Does the loan only cover my car?

Yes. If you take out a car loan, then you are legally obligated to use the full amount of that money on the car. The car is collateral that the lender will be able to repossess if you are unable to pay off the loan. The amount of the collateral is factored into the loan amount and interest rate that you will get. Therefore, the lender needs to be sure that he or she can recuperate his or her losses if you are unable to pay off the loan.

Contact us today to speak with one of our credit specialists. At Thomson Auto Financing we can get you approved and driving. Apply today, its quick and easy, and you usually get an answer within 24 hours.

Why Getting a Bad Credit Car Loan Today is Important

We have customers come to use each week that want or need to buy a car, but are not sure if they are able to take out a loan in order to afford the car. Many of these customers currently take the bus, use carpools, or have to ask other people for rides to school or work because they are nervous about being able to pay off their car loan with their bad credit.

Remember: we offer bad credit car loans to our customers that need them. Therefore, having bad credit should not keep you away from buying a car. Because having a car is important for many people, we’ve developed a list of questions that our customers should ask themselves. If you answer yes to any of these questions, then it is important that you talk to us about getting a bad credit car loan today.

Do you need a car to get to work? Most Canadians require a car in order to get to work. If you are worried about being able to afford a car to get to work, remember that if you can’t get to work, you can’t pay for your living expenses. Therefore, investing in a car – even if you have to get a bad credit car loan – may be essential to helping you continue on with your daily life.

Can you afford low monthly payments? Most of our customers that are nervous about taking out a bad credit car loan are surprised by how low our monthly payments are. We work with each customer individually in order to develop a payment plan that suits their schedule and their lifestyle. Our goal is to make affording a car easy. Therefore, even if it takes a few extra years, we will help you to get your loan payments as low as possible so that you can afford your car.

Would you like to improve your credit? By taking out a bad credit car loan, you will actually be able to improve your credit because you will be developing a track record for being able to pay off your loan. This track record will be one that you can show a future lender in order to get a lower interest rate.

Purchasing Your First Car Using Bad Credit Car Loans

If it is your first time purchasing a car, you may feel a mixture of emotions, such as excitement and nervousness. You may feel excited about finally getting something of your own instead of relying on other people to drive you to different places, but nervous because you might not know how you will afford to get a vehicle of your own. Bad credit car loans make it easier for just about anyone to get a vehicle if and when they need one. We can help you complete the application for a car loan with us.

Applying and Making Important Decisions

The first step to the buying process involves completing the application for one of these loans. There are many details you may need to provide about yourself before you are approved for a specific amount of money. If you do get approved, we can tell you how much is available for you to spend and guide you in the right direction of the various vehicles that are available within that specific price range. We have quite the selection available. When it comes down to the one that you choose to get, it is mainly a matter of preference.

Ride Away in Style and Stress-Free

Even though your credit is not great, you may still be able to get a great car that looks stunning both inside and out. The option of using a loan to pay for the car means you can easily ride away in style without the stress of spending all your money at once. After getting the loan and selecting the right vehicle, you can agree to make payments of a certain amount for several months until the total cost of the car is officially paid off. It is a stress-free process that allows you to get a car without a struggle.

If you are shopping for your very first vehicle, take a look at the options we have. Not only do we have an amazing selection of vehicles, but we also offer loans for those with bad credit.

How to Finance a Car Purchase With Bad Credit

Owning a car is a real luxury in life. Unfortunately, it is one that comes at a cost. Vehicles are not cheap and this can make it very difficult for some consumers to afford them. While it might seem like all hope is lost when you discover that you’re not able to afford the ride of your dreams, it is important to keep in mind that there are some options available to you. Bad credit car loans exist for exactly this reason.

The Basics

This is a type of loan that can help you to get the car that you have your eyes on. Before you rush out to sign up, it is important to learn a little bit about how this financing option works. Essentially, bad credit loans are structured for borrowers who do not have the best credit. Many lenders deny loans to potential borrowers with bad credit but this option is very different. By choosing this type of loan, you can get the money you need to buy a vehicle and make your life easier.

The Reality

While this is an excellent choice for people who do not have great credit, it is important to keep a few points in mind. Bad credit loans often have high interest rates attached to them. This can be frustrating but it is one of the only ways that lenders are able to afford being able to supply this loan option. To keep your payments manageable, be sure to put down a sizeable payment in advance and you are likely to see lower monthly payments to follow.

Getting behind the wheel of the car of your dreams is a difficult goal to achieve when your credit is in bad shape. While it might be disheartening, there are ways around this issue. Take a look at your credit score and see if you are in a good place. If not, consider how you can get the best results with loans structured for buyers with bad credit.

Car Loans: 3 Easy Steps

If you are looking for a car loan in British Columbia, then it’s important that you are aware that the process of getting a car loan can be simple, but it’s not as simple as walking into a dealership, asking for a loan, and walking out with exactly the loan you want and exactly the car you’d been dreaming of. While it would be great it getting a car loan were that hands-free and easy, there are a few things you’ll need to do in order to get the right car loan at the right time.

First, you’ll need to complete a credit application. In order to complete this application, you’ll need to have some basic personal information on hand, including your current address, employer information (if applicable). You’ll need to complete the credit application as completely as possible.

Once you complete this credit application, our credit specialists at Thomson Auto Financing will review the application in order to determine what kind of loan you may qualify for. Therefore, the information that you include on the application is important – especially your identification information, such as your income.

We will also run a credit check using you contact information. This credit check will give us more information about your credit history and your credit score. Using this credit history and credit score, we will be able to determine your loan rate with better accuracy. For example, if you have a good credit score, you might get a lower loan interest rate than someone with a low credit score.

After we review your paperwork and draw up some initial loan estimates, we’ll meet with you to discuss your options and needs. We might ask about your current work or plans for the future. Using this information, we’ll be able to customize a loan program that will specifically suit your needs and make it even more possible for you to afford the right kind of loan for the car you love.

We will then show you the cars on our lot that match the price that you will be able to easily afford with the loan program we develop for you. Our goal is to give you as many options as possible so that you can get the best possible loan and arrangement for your overall needs.

Contact us today to learn more about our car loans or to apply for your car financing today.