Are you still considering an auto loan in Canada for that next new Buick Car that you have had your eyes on? Well, remember, that according to our recent research done on behalf of your Buick Car Dealership of Thunder Bay, you have three main options, pay cash, take out a loan at your bank, or apply for a loan right where you are buying your next new Buick Car. Most people opt for the third, keeping things simple and doing business all under one roof. Besides having and sticking to a budget, you will want to do more homework as follows: “Determine Your Down Payment In order to maximize your budget, a larger down payment will reduce the monthly car financing payment. It also improves your chance of being approved for financing with bad credit or poor credit.”
Speaking of credit, you will be wise to find out your credit score before you proceed down the road of auto loans in Thunder Bay for your next Buick Car auto loan in Canada. “When you walk into a dealership it helps to know your credit score beforehand so you have an idea of whether you will be able to qualify for low percent or 0% financing, or if you should be considering a bad credit car loan.” Taking the surprise out of this part of the process is highly recommended for the consumer and the finance agent’s sake as well.
There are two major credit-reporting agencies in Canada that can provide you with a detailed report that includes your credit score, they are:
Equifax: Toll-free number: 1-800-465-7166
TransUnion: Toll-free number: 1-800-663-9980
As mentioned above, most new Buick Car consumers choose to finance and apply for an auto loan at the car dealership from whom they are planning to purchase their next new or used Buick Car in Thunder Bay. “There are a number of reasons to choose to finance your vehicle through a used car dealership. In many cases, interest rates offered by a dealership can be better than those offered by a bank…”