Many Canadians find themselves in a position where they are “upside down” in their car loans. All this means is the amount left owing on their vehicle loan is more than the vehicle’s present value. This can happen for a variety of reasons, but the most im
Car Loans When Upside Down in Current Vehicle
Canada Drives works with partners across Canada who are able to buy your vehicle off of you and pay off the balance that is owed to bank. They can then help you select a new great vehicle at an easy to make payment. Your old car loan is paid off and any difference is added to your new auto finance.
Our programs are designed to help customers who have either good, bad or no credit and can accommodate customers who may be upside down on their vehicle for as much as thousands of dollars.