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Showing posts from October, 2019

Everything you need to Know About Getting a Car Loan in Canada

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As a Canadian, or if you are in the process of citizenship, it is easy to see acquiring a brand new car is not always the simplest task. This being the case, it is common for consumers to search for affordable alternatives; such as used vehicles. By purchasing a pre-owned vehicle you are able to find the same freedom as in owning a new car, with half the stress of bills and payments. Although you may already be set on purchasing a used car, it is common you will still need financing in order to complete the purchase. Good Fellows Auto Wholesalers  has put together some suggestions on how to acquire a car loan in Canada. How to Finance Your Used Car Purchase There are two ways to go about financing to purchase a vehicle. You will need to obtain a used car loan either from the dealership where you buy the car or from a local bank. Usually, dealerships can beat bank rates due to their volume, however, rarely your bank may offer you a better rate based on your relationshi...

How to Get a Car Loan in Canada

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For those living in Canada, getting a brand new car is not always the easiest thing to do. That being the case, it’s common for consumers to seek out affordable alternatives such as buying a pre-owned vehicle. Buying a used car will allow you the freedom to get to where you need to go without having the stress that comes from the high payments of a brand new car. Even though you may be in the market for a pre-owned vehicle, chances are you still will need to secure financing in order to drive it off the lot. If you are a bit confused about what to do next, Good Fellow's Auto Wholesalers has put together this handy guide on getting a car loan in Canada. How to Finance Your Used Car Purchase There are two ways to go about financing to purchase a vehicle. You will need to obtain a used car loan either from the dealership where you buy the car or from a local bank. Usually, dealerships can match or most cases beat bank rates due to their volume, however rarely your bank may ...

How Can I Be Approved For a Car Loan with Bad Credit?

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If you live in Toronto, you already know how essential it is to have a car in order to get around. In most cases, it’s not possible to buy a car outright which means that you will need to secure an auto loan to make your purchase. Acquiring a car loan has several advantages: you are able to avoid freezing your equity, you can grow your credit, and you can break up your payments into affordable monthly amounts. With such great benefits, it’s easy to understand why people seek to secure a car loan, but if you have bad credit, it’s easy to think that an  auto loan  is out of reach. To read the full article, click here .  How We Can Help Here at  Good Fellow's Auto Wholesalers , we are passionate about helping people with problematic credit secure affordable financing for their car. We will work with you to get the best options with affordable monthly payments regardless of your credit history. Contact our team for your  Toronto Bad Credit Auto Financi...

First Time Car Buyer Advice and Financing

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Buying your first car should be a fun experience. However,  with all the factors you must consider before making such a large purchase, the experience can actually end up being the opposite. Over the years, Good Fellow's Auto Wholesalers has helped many first-time car buyers secure financing with some of the best rates and terms around. To ease the stress of buying a new car, we've provided some important advice. First Steps to Purchasing a Car The first thing we recommend to every first-time car buyer is to ensure that they're getting the best value for their dollar. There are so many types of cars to choose from. Then, once you've chosen a type of car, there are many different brands, colors, technologies, and other miscellaneous features to worry about. It can be hard to know where to start looking. However, a great way to sort through the available cars is by deciding what you really need in a car. Do you need the best stereo system or heated seats? How are...

How You Can Buy Your Dream Car With Bad Credit

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Are you looking to buy your dream car but realize you have bad credit and not sure what to do? At Good Fellow’s Auto Wholesalers we understand that even people with bad credit need a car for work, personal life or just simply because its always been a dream. We are ready to jump on board with whatever your situation may be. We are ready to make your dream a reality. We have the knowledge and experience in poor credit auto loans and as well as provide a wide inventory of cars for you to choose from. We have put together a list in this blog with a few tricks and tips to prepare you if you have your mindset on a vehicle while having bad credit. Your Credit Score Going into buying a car you should be aware of your credit score and know exactly what it is. We suggest obtaining an official credit score report first. By looking at this report you will know exactly where you are sitting and you can even figure out what you are doing wrong and learn how to fix it. You should fully be ...

Advice for Purchasing a Car in Canada

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When purchasing a new car in Canada, many first time buyers are shocked by the prices. One way around these prices is to buy a certified used or gently used vehicle instead. Of course, buying a used car is not without risk. However, with Good Fellow's Auto Wholesalers used car advice, it will be easy to avoid any mistake when choosing your next ride. Step 1: Preparation Before you head out to look for a car on any lot, we always recommend you prepare everything you need to make purchasing as smooth of a process as possible. We recommend first thinking about what you need in a car, whether it's just to get to work, a family shuttle, or if it'll be used to haul heavy equipment and trailers. It's also a good idea to think about the road conditions in your area. You should also think about what cars are in your budget. Write down the maximum amount you'd like to spend on the car and insurance per year. By creating a plan, you will be less overwhelmed by the man...

Is Buying A Used Car Cheaper Than Buying A New Car?

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Purchasing a vehicle in today's day and age is not the same as it used to be a few  decades ago. With the known curve of depreciation on used cars, purchasing a car that is a couple years old may give you more peace of mind than buying new. It has become common knowledge that buying new cars, there are more added prices on the purchase. These factors have made used cars more favoured in the car sales industry, as well as much more affordable.  Used Car vs. New Car Financing It is vital to be aware that when looking at buying a brand new car, there are a number of additional charges that will be added to the initial purchase price. Fright, PDI, air condition tax and so on are likely to be charged by new car dealerships. Although buying a new car may seem like an alluring and wise choice, the cons of the added costs will end up breaking your bank by the time you drive off the lot. In contrast, there are several benefits of purchasing a used vehicle. Aside fr...