Buying a car with bad credit in Fredericton can feel like a big waste of time! Weeks could be spent searching and inquiring with nothing to show for your effort.
It’s a story shared by many Canadians in New Brunswick. You hit all the dealerships in sight from Downtown to the suburbs and everywhere in-between. Maybe you even stray a little further from home, trekking out to Moncton, Saint John, or even P.E.I, searching for that perfect car deal.
And maybe you even find it a few times. But then, as soon as it’s auto financing time, your bad credit kills your chances of being approved for a loan and poof, your dreams of a new ride vanish into thin air.
Fortunately, those days are behind us. Now you can find your car and get approved for your car loan online, even if you have bad credit!
How do I get approved for a car loan in Canada with bad credit?
If you’ve been declined for a car loan in the past because of bad credit you’ve come to the right place. Canada Drives has spent the last decade building a massive network of dealer partners who specialize in prime and non-prime (bad credit) car loans.
With Canada Drives, you can get pre-approved online and see all of your finance terms from the comfort of home. The online application only takes a few minutes to complete. You will then be paired with a certified dealer partner in your community who will show you all the vehicles you qualify for; you just pick the one you want and drive away!
More than a million Canadians have trusted Canada Drives to help them get a car they love and can afford.
How it works
- Get pre-approved: If you have low credit, we recommend getting pre-approved as a first step. By getting approved for your car loan now, you'll know exactly how much auto financing you can secure and it will save you a lot of time finding the right vehicle. It only takes a few minutes to see what you qualify for and there is no obligation to buy anything once you receive your approval terms. Get pre-approved now!
- Choose your new car: Our dealership partner will review your finance terms with you and show you a selection of vehicles that you qualify for. You can then pick the car that best suits your needs and that's it! No Stress!
- Drive away: Thanks to your pre-approval there is no fear of rejection. You'll only be presented vehicle options that you qualify for. Typically Canada Drives customers can be driving away in their new car within 48 hours of their online application, sometimes as soon as the next day!
What are the benefits of getting pre-approved for a car loan?
1. Clear Budget & Better Planning
-
You’ll know your exact loan amount, interest rate, and estimated monthly payment.
-
This helps you shop with confidence, avoiding cars that don’t fit your budget.
2. Stronger Negotiating Power
-
Dealers see pre-approved buyers as serious and ready to purchase.
-
You can negotiate based on the actual price of the car instead of getting caught in “monthly payment” sales tactics.
3. Faster, Stress-Free Buying
-
Since your financing is already lined up, the dealership process is much quicker.
-
You spend less time waiting for credit approvals and more time focusing on the right car.
4. Confidence & Peace of Mind
-
You know your financing is secure before you even step on the lot.
-
That peace of mind makes car shopping far less stressful.
Get pre-approved today
