How to Easily Get a Car Loan with Bad Credit on Vancouver Island

Getting approved for a car loan on Vancouver Island can be agonizing, especially if you’ve have had issues with credit in the past. Shopping for a car can be a huge waste of time if you’re not working with a company that is equipped to finance people with bad credit. The last thing you want to do is invest time hopping from dealership to dealership being turned down or going to the bank just to hear “no.”

Whether you’re looking for a car loan or a car lease, Canada Drives will help you get approved and find you a vehicle you'll love, regardless of your credit situation.

So How Do I Get a Car Loan If I Have Bad Credit?

It’s simple! We start by getting you approved for financing through our quick online application. We then match you up with a dealership that specializes in approving customers with bad credit.

While most dealerships in Canada aren’t equipped to approve customers with less than perfect credit, Canada Drives® dealership partners can handle any credit situation.

We take the guesswork out of car shopping by giving you vehicle options that you’re pre-approved for. You’ll spend zero time at the bank, zero time jumping from dealership to dealership, and more time driving a car you’ll love.

Sandy was afraid she would be denied before we got her approved:

"You walked me through everything and made me feel very comfortable. I am so happy with the way things went when I was purchasing my very first car. I was very nervous since I was rebuilding my life and was afraid to be denied. But look at me…. wow, and what a great deal. Thank you so much for all your help. You walked me through everything and made me very comfortable. I will be back but not soon as I love my new car. Thanks again!”

Apply Online Today – It’s quick, easy and 100% secure.

We Specialize in Assisting for a Variety of Financial Situations

  • No credit/first-time loan: Everyone has to start somewhere!
  • Missed payments: Most people have missed a payment or two in their lifetime.
  • Divorce: It happens to more than 35% of marriages.
  • Bankruptcy: Starting fresh is a good thing, build your credit faster by making payments on a great vehicle.
  • Repossessions: Got a bad deal? Ran into hard times? It happens. We're here to help you get back on track.
  • New to the country: Welcome! Many residents of BC weren’t born in Canada – we can help!

There are a variety of reasons why someone has poor credit. Whatever your situation, we can work with you!

Making Payments on a Vehicle Can Help Re-Establish Your Credit

Our financing specialists aren’t just here to help you get a car, they’ll guide you towards rebuilding your credit. And with consistent monthly car payments, your credit score will start to improve.

"Not only did they help us get into a newer vehicle but they are helping us rebuild our credit...I would recommend them to anyone with less than stellar credit who is looking for a newer vehicle.” - Stephanie

How Can I Get Approved for a Car Loan near Me?

Once you complete our 2-minute application, we’ll match you with a dealership on Vancouver Island that can handle all credit situations. Whether you live in Victoria, Port Hardy, or anywhere in between, Canada Drives can find the right car for you.

How Do I Apply for a Car Loan with Canada Drives?

At Canada Drives, we believe that the loan application process should be effortless. Most of your time can be spent browsing options that fit what you want, and what you can afford.

There are a few simple steps involved in securing auto financing:

  1. Preparing For Your Bad Credit Car Loan: You’ll need to determine what kind of car you want, and what your budget and credit allow. You can use our Auto Financing Calculator to figure out your monthly payments.
  1. Filling Out The Application: We’ll ask you for some basic information such as employment and contact details. We do not need your Social Insurance Number (SIN).
  1. Matching You With A Dealer: Once you’ve completed the first two steps, we can match your application with a certified dealer on Vancouver Island that can help determine vehicle options and the amount that you’re able to pay monthly. Once we’ve matched your application with a partner, a dealer will reach out to you.

Join thousands of Canadians who didn't let their bad credit history win.

Apply online for a car loan in minutes and get approved within 24 hours.

Apply for Your Car Loan

Your online application takes only 2 minutes to complete and we only ask for information we actually need.

Get Approved Today

Or feel free to call us at
1-888-865-6402