Used Cars & Car Loans Bolton

Whether you have been looking for a new or used car for months or have just decided today that you need an upgrade, chances are good that you’re ready to take action. The only thing keeping you from jumping into your next new car is financing, right? Wrong. By working with our experienced dealers and financial specialists, we’ll help you get you in your next new car today.

Unlike when you get your car financing through a bank or other lender, we take a hands-on approach by determining how much credit you have, how much of a loan you will be able to take out, and how much of a monthly payment you will be able to make for the next few years. All of these variables will help us to walk you through our lot of available cars until we find the car that’s just right for you and all of your needs.

Here’s how you can get car financing today so that you can drive off of the lot in hours.

1.       Fill out a credit application. Before you come into the dealership, we invite you to fill out our secure online credit application from the comfort of your own home. Otherwise, you are always welcome to fill out a credit application on-site at out dealership. This credit application will ask for information about your social security number, address history, job history, and more, so be sure that you have all of that information together if you fill your credit application out at the dealership.

2.       Allow us to review your credit application. When you apply for car loans, it is important for the dealer to review your credit application so that we can determine what kind of car might be most affordable for you and what kind of monthly loan payments you might be able to make each month. We’ll sit and talk with you about the many options that you will have.

3.       Select a car. After you know about how much money you are able to spend on your car, it’s time to find the car that suits your budget. When you get car loans, you should keep in mind that just because you have a car loan doesn’t mean that you should by the most expensive car for your budget. Instead, we recommend that many of our customers buy cars that are in the middle of their price range so that they have some extra spending money each month.

Contact us today at www.pickardlaneleasing.ca  to get a credit application or to learn more about our car loan and car financing programs that may help you get into that new or used car today.

Car Loan car loans, Pickard Lane Leasing, Used Cars

As you begin to look for used trucks that suit your needs, you’ll quickly find that many dealers have a large variety of used trucks in their inventories. Used trucks provide a host of benefits to buyers. Aside from affordability, used trucks can also offer buyers a range of options as well as guaranteed reliability that buyers often expect only from new vehicles.

Here are 3 reasons that we love used trucks:

They save buyers money. When you compared a used truck to a new truck of the same make, model, and year, you’ll find that there are plenty of similarities. In fact, new trucks and used trucks of the same model often have only a handful of differences, which include:

·         Mileage (usually greater on used trucks)

·         Ordinary wear and tear (usually mild on used trucks)

·         Warranty (usually shorter on used trucks)

·         Price (usually less on used trucks

While there are often only a few points of difference on comparable new and used trucks, most people pay the most attention to the price, which can be thousands of dollars less on a used truck than an almost identical new truck. It’s not always possible to compare new and used trucks of the same year, make, and model. However, it is important to keep in mind that used trucks are just as drivable, enjoyable, safe, and reliable as new trucks, in most cases.

They may offer more accessories and features that the buyer can afford. Remember: one of the greatest benefits of buying a used truck is that used trucks often save buyers money. For the same budget, many people can buy a fully-equipped and well-accessories used truck or they can buy a basic new truck that will require additional accessories. By buying a used truck, individuals often get additional features and accessories included with the price of the truck for little-to-no additional fee.

They still have their warranties. When you buy a certified used truck from a dealer, the used truck will still have a warranty. In most cases, if the truck is certified, the manufacturer backs the warranty. A certified warranty can only be obtained through an authorized dealer. In order to obtain the certified warranty classification, dealers have to put the used truck through a multi-point inspection to guarantee reliability and quality.

Contact us today at www.pickardlaneleasing.ca  for more information about why we love used trucks. We’re always happy to show off our wide selection of used trucks that suit the many needs and lifestyles of our customers.

Used Trucks Pickard Lane Leasing, Used Trucks

If you’re in the market for a car, but have less than perfect credit, don’t worry; you’re not alone. Thousands of people need to buy cars each year, but are unable to do so with cash and have bad credit. Dealers, like us, are happy to work with any financial situation in order to ensure that our customers are able to buy a car that suits their lifestyle and needs without breaking their bank accounts.

In order to get a bad credit car loan, there are a few things that you’ll need to show your dealer or other lender. Here are a few of those important things:

Identification

Your dealer will want to ensure that you are who you say you are by seeing at least one form of identification. Many dealers want to have two forms, such as a drivers license and a credit card. The lender will use this identification to run an official credit check. If you have bad credit, then this information will be uncovered in the credit check.

Proof of Income and/or Savings

If you have a job, then you will need to provide a pay stub proving that you have a regular source of income. If you are unemployed, then you may need to provide a bank statement indicating that you do have some financial means, even if it is not a lot.

Your lender wants to see your financial records because he or she wants to confirm that you will have the ability to repay the bad credit car loan in a timely manner and with some degree of reliability.

Co-Signer

Many folks with bad credit are unable to get an interest rate and loan amount that they had been looking for. If this is the case with your bad credit car loan, then it is important that you look into the possibility of having a co-signer work with you to get your loan. A co-signer offers an extra degree of assurance to a lender that the lender will be able to receive his or her monthly payment.

If you are unable to pay off the loan for any reason, then the co-signer will come into place. The lender can contact the co-signer in order to receive the payments that you are unable to make.

Contact us today to learn more about our financing program at www.pickardlaneleasing.ca  or to schedule an appointment to speak with one of our lenders today!

Uncategorized Bad Credit Car Loan, Pickard Lane Leasing

You’ll hear it over and over again: your credit history and credit score can mean the difference in paying hundreds of dollars a year for a car loan or paying thousands of dollars a year for a car loan. Having a strong credit history can help you save money and have more options for spending that money. However, many people are not familiar with how credit works or how they can improve their bad credit.

Here are 5 simple tips to help you improve your credit starting now:

Pay Down Your Credit Card

By paying down your credit card as quickly as possible, you will not only save money by not paying interest rate fees, but you will also prove to lenders that you are capable of taking out a loan and paying it off. Start small if you can by cutting back on unnecessary expenses in your life. Small payments can add up to big results over a long period of time.

Don’t Sign with Friends

Many times, people will sign leases or loans for friends that have bad credit. If someone has good credit, their credit score can balance out a friend’s bad credit. Plus, when a lender sees two borrowers may increase the loan amount and impose a lower loan rate. However, if your friend fails to pay off the loan, you may be stuck with the bill - and the lower credit score. Therefore, it’s highly recommended that you avoid signing a loan with a friend.

Pay Bills on Time

This tip may seem obvious to many people - if you want a good credit history, pay bills on time. However, for whatever reason, some people may have a hard time paying their bills when they arrive. Most companies will offer a grace period of minimum payment amount that may make paying your bills easier. If you have a hard time paying your bills, contact the lender to discuss your options. Worst case scenario - pay your bills with a credit card and then develop a plan to pay the credit card off as soon as possible.

Stick to a Budget

One of the easiest ways for people to get into financial trouble is to not plan ahead. However, if you are able ot plan a budget that you can stick to, you should be able to pay off all expected bills and credit cards. Remember: finances can be cyclical. While you may have excess money one month, you may be strapped for cash the next. Therefore, always stash some money aside as an emergency fund for your budget.

Keep Your Loans to a Minimum

It may be true that lenders like to see that you have a history of having been able to take out loans and pay them off. However, lenders do not want to see that you have multiple unpaid credit cards and a handful of other loans that you need to pay down. By streamlining and minimizing the money that you owe to people, you will prove to lenders that you are financially responsible and do not rely upon loans alone.

Credit Tips Loans, Pickard Lane Leasing, Tips For Credit