Low Credit Car Loans Ontario Wide

Newcomers to Canada: If you’ve recently arrived and don’t have an established credit history, we can help you get the car you need to settle into your new life.
Students: Need a car to commute to work or explore the city? Subprime loans can make it easy to secure a vehicle, even if you’re still building your financial profile.
Low Credit Score due to life events: Many life events not in our control can affect the credit score. You still need a vehicle. Subprime financing can help you get moving as you work on rebuilding your credit score.

Not sure if this is the right approach for you? Give us a call at +1613-380-3343 and ask for Naim.

Frequently Asked Questions

Subprime financing is designed for individuals who may not qualify for traditional loans due to lower credit scores, limited credit history, or financial challenges.

Key differences from traditional financing:

Subprime loans are more flexible but come with higher interest rates.
They allow individuals to secure a loan when traditional lenders might decline them.

Eligibility depends on your credit score, income, debt-to-income ratio, and financial stability. Lenders look for a willingness and ability to make payments.

Key factors lenders consider:

Credit score below 660 may qualify for subprime options.
Stable income and history of on-time payments increase approval chances.

Advantages:

Access to funding: Helps individuals with credit challenges secure loans.
Building credit: Making on-time payments can improve credit scores.
Flexibility: Loan terms may be tailored to meet individual needs.

Disadvantages:

Higher interest rates: You pay more over time.
Longer loan terms: Lower monthly payments but increased total cost.
Additional fees: May include origination fees and late penalties.

Impact on your bottom line:

Higher monthly payments due to increased interest rates.
Can still be affordable if budgeted carefully.
Provides access to essential financing options.

Improving your credit score:

Consistent, on-time payments can boost credit scores.
Helps qualify for better loan terms in the future.
Acts as a stepping stone for rebuilding or establishing credit.

Take a look at this recent blog on Low Credit Loans created along with our sales team. We are open from 9am - 6pm, Monday to Friday, give us a call or visit us at 1985 Robertson Road

Locally-Owned Family Group

Part of the Tony Graham Automotive Group - a family-owned local business for the past 55 years.

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Quality You Can Trust

Every vehicle undergoes a multi-point inspection for reliability, ensuring safety-certified delivery

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Serving Ontario-Wide

Wherever you are in Ontario, we’ll help you find, finance, and deliver your car—paperwork done online

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Robust Lender Network

We work with multiple lenders, including AADA Leasing, to get you the best financing. Your consultant guides you!

Strong Inventory Network

We work with Tony Graham Automotive Group and partners across Ontario and Canada to find your perfect vehicle

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Friendly Experienced Team

Our experienced consultants provide expert advice and personalized service to customers in Ottawa and beyond

Testimonial from Clients

Omer Abkr ★★★★★

"I had an excellent experience with this dealership. They offered me the best price and 100% approved my financing. A special thanks to the salesman, Naim Salem, who was incredibly helpful throughout the process. He assisted me in selecting the right car, provided the best price, and even gave me a gift of a full tank of petrol. To top it off, he had all my documents ready within two days. Highly recommend!"

Ron Roy ★★★★★

"We just bought a vehicle from AutoEdge and it was actually a pleasant experience! Jad explained all of the options available to us without an ounce of 'salesman talk'. Thanks to all the friendly staff!"

Guy Lafontaine ★★★★★

"I had an absolutely wonderful experience with my recent purchase. I had the pleasure of meeting Naim Salem who walked me through every step of the process. He quickly discovered that I knew what I wanted, and after that, he knew exactly how to take care of me. Thank you, Naim!"

Gary Rath ★★★★★

"I am writing to express my sincere gratitude for the exceptional service we received during our visits to your dealership (2185 Robertson Rd, Ottawa). The experience was nothing short of outstanding, and I want to convey my appreciation to Naim Salem and his team for making the process smooth and enjoyable. Special thanks for the excellent preparation of my 2018 Corolla. Thank you once again for your commitment to excellence. I look forward to recommending your dealership to friends and family in the future."