How To Get a Car Loan With Bad Credit in Toronto

The Easiest Way to Buy a Car in Canada.

Buying a car with bad credit in Toronto used to feel a little like being a Maple Leafs fan. You’d spend a lot of time and energy getting your hopes up, only to be let down again and again and again, with nothing to show for your effort. 

It’s a story shared by many Torontonians. You hit all the dealerships in sight—from Downtown Toronto to Scarborough to Etobicoke and everywhere in between. Maybe you even stray a little further from home, trekking out to Brampton or Mississauga or Oshawa or Hamilton, 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.

Get a bad credit car loan online with Canada Drives

Canada Drives makes car shopping easy. If you’ve been declined for a car loan in the past because of bad credit you’ve come to the right place. More than a million Canadians have found reliable vehicles with affordable auto financing through Canada Drives. But don’t believe us—check out our reviews on Trustpilot for yourself. 

What you can expect when you shop with Canada Drives

  • Find your car and organize your car loan—all 100% online!
  • Works with all credit situations, including bad credit and no credit. 
  • Pay online or fill out an easy online finance application that takes 3 minutes to complete. You can also organize finance separately with your own bank.
  • Fast pre-approvals, typically within hours. 
  • Massive selection of certified pre-owned vehicles in our online inventory.
  • Vehicles delivered as soon as the same day to most regions in the GTA
  • Love your new car or return it with our 7-Day Money-Back Guarantee!

How it works

  1. 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 you will save a lot of time finding the right vehicle. This pre-approval will not hurt your credit and there is no obligation to do anything once you receive your approval terms. Get pre-approved now!
  2. Start your search: Browse our certified inventory and choose your car. You can sort by year, make, model, lifestyle, whatever you decide to easily narrow down your options.
  3. Flexible payment methods: Complete the entire purchase online. You can pay by cash, credit card or bank draft. You can also finance the purchase with your own bank or with us. Enjoy zero down payment financing, and get an instant quote for your trade-in. 
  4. Get it delivered: We’ll bring your new car to you. Once you have chosen your car you can pick a delivery date and time that fits your schedule and we’ll deliver it straight to your doorstep. Then, just sit back and relax! 

What brands do Canada Drives work with?

We connect customers to the best local deals on all types of used cars, SUVs, trucks and more. Here are just a few of the brands we work with:


General Motors











Get started today

If you’re tired of wasting your time shopping for cars and applying for car loans the old-fashioned way, get started with Canada Drives today. Even if you have bad credit, you could be driving your new car as soon as tomorrow!

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