Auto Financing for First-Time Buyers

Financing your first vehicle can feel scary, especially if you've never taken out a loan before but it doesn't have to be.  As long as you're making your payments on time, you're establishing good credit.   And the more you build, the more you'll qualify for down the road!  In fact, you'll be amazed at just how quickly you'll be able to jump into your next vehicle while even reducing your monthly payments, as long as you're making your payments on your first loan in full and on time.

auto financing for first time buyer in Calgary AB 

auto financing for first time buyer in Calgary Alberta

Auto Financing and Poor Credit/Bankruptcy

If you've been late on your payments, chances are you've done some damage to your overall credit score.  If you've been unfortunate enough to file for bankruptcy, you're probably thinking you'll never qualify for an auto loan because in the eyes of all banks, you're a "high-risk individual" - but don't be intimidated because this actually doesn't mean you won't be approved all at!  It just means you're more likely to get approved at a higher interest rate and/or will require a co-signer.  The great news is Automaxx can get just about anyone approve no matter how bad their credit is!

 

If you're ready to take the next step, you can jump ahead and go straight to our quick and easy  or if you have any questions regarding your personal financial status, you can speak to one of our experienced sales team members by calling (403) 250-5541.

* These statements are merely informational suggestions only and should not be construed as legal, accounting or professional advice, nor are they intended as a substitute for legal or professional guidance.