Buying a car with bad credit in Regina 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 Saskatchewan. 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 Saskatoon, Winnipeg, or Medicine Hat 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 can I get approved for a car loan with bad credit?
Companies like Canada Drives are making it easier than ever for Canadians with low credit scores to get access to affordable car financing.
Canada Drives has built a network of hundreds of partner dealerships across Canada that carry quality new and used cars at affordable prices AND offer special finance programs for any credit score.
Through an easy online application you can get pre-approved for a car loan in minutes and get access to the best deals on new and used cars in your area.
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?
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Know your budget upfront – Pre-approval shows how much you can borrow and what your payments will look like, so you don’t waste time on cars outside your range.
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Improves negotiating power – You walk into the dealership as a serious buyer with financing already lined up, making it easier to focus on price.
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Saves time at the dealership – Most of the financing work is already done, so the purchase process is faster.
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Reduces stress and uncertainty – You’ll know in advance that you can get approved, even with bad credit, instead of worrying about being declined.
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Helps rebuild your credit – Lenders that specialize in bad credit auto financing report your payments to credit bureaus, which can improve your score over time.
Get pre-approved today
