Canada Drives Blog

0% Financing Car Deals in Canada: Fact or Fiction?
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What Does OAC Mean When Buying a Car?
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4 Common Car Loan Promotion Myths Debunked
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How to Refinance Your Car Loan, and When It's Beneficial
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0% Car Financing Deals in Canada: Fact or Fiction?

0% Financing Car Deals in Canada: Fact or Fiction?

0% financing on a vehicle means that you can finance a car without having to pay any interest. This special offer is similar to paying cash for a car – there ...

Person happy they got approved.

What Does OAC Mean When Buying a Car?

That old rickety rattle trap you’ve been driving needs to be replaced, so you’ve been exploring your options. You want the best deal possible, so you’re d...

Traffic sign with the words '4 Car Loan Myths debunked', a warning for car shoppers about common promotions they'll see while shopping, and how to treat them

4 Common Car Loan Promotion Myths Debunked

If you need a new(er) car, you may be tempted by the promise of too-good-to-be-true offers from dealerships. We separate fact from fiction and guide you to find...

Woman refinancing car loan for a better rate and monthly payment

How to Refinance Your Car Loan, and When It's Beneficial

Whether you’re a prime or non-prime customer, you might not have to wait until the end of your term to qualify for a lower interest rate on your car loan. Rea...

No Credit Check Car Loans With Guaranteed Approval

Finally, a Better Alternative to No Credit Check Car Loans

You may have seen lenders promoting "No Credit Check Car Loans" and "Guaranteed Approval", but is this really true? Or is this another marketing ploy? Let’s f...

3 Things You’re Missing from Your Retirement Budget

If you’re forgetting these three things in your retirement plan, it might be time to reassess your finances....

The Difference Between Direct and Indirect Loans

If you’re thinking about taking out an auto loan, it is important to consider these two ways of borrowing....

bank of Canada lowers interest rates

Bank of Canada Lowers Interest Rates – will this help me afford a car?

If buying a new car has been high on your list of priorities lately, then knowing if you can afford to buy one is a key component of making this plan a reality....

interest rates impacting car loans

If Interest Rates Rise in 2015, how will this impact car loans?

While interest rates have been stable for the past few years, since 2010 to be exact – many thought that these rates were going to rise in 2015. ...

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