3 Questions You Should Ask When Looking at Used Cars

Some people are car aficionados and know everything there is to know about used cars. For the rest of society, there are a lot of questions that come with purchasing a pre-owned vehicle. If you’re looking to save some money by getting a car that’s already had an owner or two, here are three questions that should definitely be posed to the dealer.

How Is the Car Equipped?

When you’re going through all the bells and whistles that come with your new vehicle, it’s hard to keep track of everything. If you start by asking what amenities are included right off the bat, you can check things off your list and be sure that you don’t drive off the lot in a car that has no A/C and no power windows. A lot of these things are easy to spot, but some might not be apparent at first glance.

Has the Car Been in an Accident?

Even if the exterior is dent free and you don’t notice any problems when you go for a test drive, it’s a good policy to find out if a car has previously been in a wreck. That will help you to know which parts have been replaced and why the previous owner may have decided to part with the car.

Is There a History Report?

If someone outside your family is selling a car without a history report, you probably don’t want to buy it. Most used cars come with certification and full reports nowadays. However, if a seller is just offering his or her word that the car is in good shape and hasn’t had any problems, make them prove it with a detailed report.

If you don’t ask the right questions, you might buy a bad car. When customers know the facts about the used cars they’re looking at, the purchase becomes a much safer bet.

Tips for Inspecting a Used Car

While you’ll want to thoroughly inspect any car before buying it, it’s especially important to do so with a used car. A good inspection informs you of any problems the car might have, some of which you might be fine with and others that could make you want to think twice about buying the car. Learn how to conduct a proper inspection on used cars.

The Outside

Take a slow walk around the exterior of the car and inspect it for signs of exterior damage, possible cover-ups and misaligned panels. You’ll also want to open up the doors, hood and trunk to make sure everything’s in working order. While you’re at it, be sure to inspect the glass and bounce each corner of the car to check that the suspension is in good shape.

The Inside

As you slip inside the car, be sure to check for suspicious odors. Anything that smells like mold might mean the car has sustained water damage in the past. All seats should be comfortable and intact, and you should be able to adjust them as well. When you get behind the wheel, check that the pedals work and are in good condition. Make sure all the instruments and the sound system are in good working order, also.

Under the Hood

If you aren’t mechanically savvy, it’s best that you have the car inspected by a professional mechanic. Dealerships usually have no problem letting you take the car off the lot to have it inspected. Note that while you’ll have to pay for an inspection, it can be worth it for the peace of mind it provides.

Inspecting a used car is a great way to learn more about its history and whether it’s the right car for you. Take your time with the inspection, and always go with your gut instincts.

Your Guide to Securing an Auto Loan With Ease

Securing any type of loan is not easy, and securing an auto loan is no different. The process for securing the funds you need to purchase a vehicle can be time consuming, convoluted and downright frustrating. However, if you keep in mind the following advice before shopping for car loans, you can make the car buying process much less of a hassle.

Know Your Credit

A higher credit score means better interest rates, so if you have a good score don’t be afraid to brag about it. If the lender thinks that you’re unware of just how good your credit score is, they may try to undermine you by offering just average rates. Don’t let this happen, and make it clear from the get-go that you expect prime rates for a prime score.

If your credit score is not so great, don’t worry—you’ll still be able to get an auto loan. However, you may have to pay higher interest rates, so just take your time shopping around for the lowest rates your credit will buy you.

Set a Budget

Just because you have a great credit score does not mean that you should shop outside of your means. The dealership will probably try to convince you to take out more than you can afford because your credit can support it, but don’t do this. To set a realistic budget, add up all of your monthly expenses, including how much you plan to save each month, your yearly tax obligation and any other annual fees you have (property taxes, health club, etc.). Subtract the total from your annual salary and that is how much you can afford for a vehicle.

Show Up With a Down Payment

An ample down payment is the best way to reduce the amount you need to borrow and therefore, to make you more a more desirable borrower in lenders’ eyes. The less risk you pose the better, and a nice down payment is a sure sign of a safe debtor.

Car loans aren’t impossible to come by—just difficult. If you want to eliminate the hassle of car shopping, try the tips above.

Questions and Answers for our Guests regarding COVID-19

Hours of operation due to Covid-19

Sales Services Parts
Monday- Friday 9:00 am – 6:00 pm Monday – Friday 8:00 am – 5:00 pm Monday – Friday 8:00 am – 5:00 pm
Saturday Closed Saturday 10:00 am – 2:00 pm Saturday 10:00 am – 2:00 pm
Sunday Closed Sunday Closed Sunday Closed

Showroom is open

Service is open

Test drives are available

As the Government of New Brunswick and the Public Health Agency of Canada states, physical distancing, effective handwashing and avoiding the touching of one’s face are key preventive measures to contracting COVID-19. As you re-enter the our workplace, these measures are critical.

✅ We have installed physical barriers.
✅ We have adopted rigorous cleaning procedures.
✅ Evaluated the workplace for shared objects and common areas.
✅ Increased the frequency of cleaning of touched surfaces/ objects.
✅ Provided necessary personal protective equipment (PPE) and training on the proper use and maintenance of the equipment.
✅ Ensured all employees are fully aware of the preventive measures, and there are clear

guidelines and instructions as well as enforcement of the measures.
As the world emerges from the current pandemic, we have made some fundamental shifts.

We are confident that you will adapt and respond to the challenges, but it will require thoughtfulness and planning.

We all will need to change our fundamental behaviours of how our new process gets done, how we keep our facilities clean and how we interact with co-workers and customers.

As we all move into this new normal, we must continue to strive for injury-free and disease-free workplaces.

We are here for you. Right now, our focus is to protect the health and safety of our people and you – our valued customers.

We know this situation will continue to evolve and we will do our very best to update you as things change. There is no doubt, we are in uncharted territory, but we will make it through this together.

How to Pay Off Your Car Loan Early

You have just chosen your new car and negotiated the terms to pay for it. You may be content at first, but that five-year note may take the edge off your excitement after a while. You may begin to feel as if there is no end in sight, but there are some practical ways you can shave quite a few months off the life of your loan and pay less interest overall.

Make Payments

The simplest way to pay off car loans in a timely manner is to make payments on time and never skip a payment. If your payment is late, the lender might tack on a fee to your loan principal. Not only does this increase the amount you owe, you will also be paying interest on that fee. Your lender may occasionally offer you the opportunity to skip a payment as a reward. While this may be tempting, fight the urge to skip. Skipping a payment only adds time to the life of your loan.

Round Up

Paying a little extra than the contract terms require each month is another good way to pay your loan off early. If you budgeted for $300 a month, but your finance plan only requires you to pay $250, go ahead and pay the higher amount that you planned every month. This not only takes months off the terms of your loan, it also lowers the amount you pay in interest.

Pay More Often

Some lenders charge penalties for making extra payments, but if your contract terms will allow for it, try to make an extra payment every once in a while. An easy way to do this is by making a half-payment every two weeks. Over the course of a year, instead of the 12 payments you would have made if you had paid once a month, you will make 13 full payments.

Your car loan may seem like it lasts forever. With a little extra effort, however, you can pay it off faster than you originally planned.

Maintenance Tips for Used Cars

We know you love your car. You’ve spent a lot of time in it. It has gotten you from Point A to Point B, and you probably have some good memories in the driver’s seat. Used cars need TLC. In order to keep your car running smoothly and make sure that it lasts you as long as possible, it is important to keep on top of maintenance.

Understand Your Maintenance Schedule

If you read your owner’s manual you will see that it describes the maintenance schedule for your vehicle. We understand that in your busy day-to-day life, vehicle maintenance may not be at the top of your list – especially if nothing looks or sounds amiss. However, regular maintenance is what keeps things from going amiss! That’s why we recommend using reminders in the calendar app in your phone to keep track of what needs to be done when.

Keep Your Car Clean

This one is easy! Cleaning your car regularly isn’t just a good idea for aesthetic reasons; it can also keep your car running its best. Hose out the undercarriage and wheel wells to clear those areas of mud and dirt. If you live somewhere that it snows, don’t let this practice fall by the wayside in the cold weather. Road salt is bad for cars.

Get Maintenance Done at the Dealership

We’re the experts when it comes to treating your car the way should be treated. When you bring your car to us for maintenance, you can have peace of mind that it is in capable, knowledgeable, and experienced hands. We’re here for your car for the little things you need regularly, like oil changes, and the big repairs too!

Regular maintenance is essential in order to keep used cars in solid working order for as long as possible. Use your smartphone to stay on top of the recommended maintenance schedule, keep your car clean, and bring your car to the dealership to help ensure that you and your car will have a long, happy life together.

3 Car Loan Myths

If you have your eye on a new or used car, you may have to consider financing options. The problem that a lot of people face is that they don’t have optimal credit and may not think that they qualify. While many lenders offer bad credit car loans, there are still a lot of myths that circle the choice. You shouldn’t let these turn you away from the financing that could get you your dream car. Here are the three top myths when it comes to car loans.

A Low Credit Score Guarantees Rejection

This isn’t true at all. In fact, there are dealers and lenders that specialize in car loans for people with bad credit. Poor credit will not stop you from financing a car.

You Can’t Refinance if You Had a Poor Credit Score

When you’re approved of a car loan with a low credit score, you are given the opportunity to build your credit over again. After a while, as your score builds you will be given more options. It’s common for people to refinance their loan and come up with a cheaper rate after they have built up their credit score.

Income Doesn’t Matter if You Have Bad Credit

Income absolutely matters! Income and the other debts that you owe play a big role in the size of the loan you can be awarded. While lenders do pay attention to your credit, your income also plays a large role in whether or not you’re approved. This can also affect the rates that you’re given.

Don’t allow myths to turn you away from car loans. Even with bad credit there are many options out there. While it can be a difficult choice for many people to decide whether or not they want to look into financing for a vehicle, it’s important not to be deterred by myths. Only the facts should be an influencing factor on your decision.

Our Straightforward Car Loans Make Car Shopping Enjoyable

Think of the car features that you definitely want in your next vehicle. Would you like leather seats and a moon roof, or do you want plenty of seats and cup holders? Do you think you have a short list of favourite vehicles or are you open to anything that fits your budget? Even if you are undecided on a car just yet, we can take the worries out of getting the best car loan for you.

Car Considerations

The first impression of a vehicle comes down to two factors, ergonomics and personal preference. You should have ample head and legroom, feel that the window layout gives you good visibility, and like how the gauges and controls are laid out. If members of your family have car seats, it is a good idea to bring them along to see if they work well with the cars you are test driving.

If you have a set color or feature combination in mind that does not come around every day, you may have to look longer to find what you want. But, if you know what your top three colour and make combos are, you may be pleasantly surprised by the number of cars available to test drive. Conversely, if colour is not important to you, you may get a great deal on a car in a less popular colour.

Financing the Transaction

When you have found the vehicle you want and are ready to make a purchase, we want you to know the total price of the used car you’ve decided to buy. We itemize any extended warranty and interest costs in all of our car loans. Of course we are always happy to consider your current vehicle as a potential trade-in, and we offer extended warranties for our used cars. This is a great way to handle any unforeseen repairs covered by the warranty.

Our financing staff are experienced in setting up a loan with terms that will fit your budget. Come visit us soon to see how enjoyable car shopping can be.

Can You Get a Loan for a Used Car?

If you are like many car buyers, you want to buy a used car instead of a new one. For many reasons, that makes a lot of sense. You might wonder, though, if car loans are available for used cars. Generally, the answer is yes. Here are some things to consider when applying for a used car loan.

Think About Purchasing at a Dealership

If you need to finance your used car purchase, you should consider buying the car from a dealership. Generally, dealers are in a better position to finance used cars than other institutions. In fact, many dealers routinely finance used car loans. While there are exceptions, banks, credit unions, and financing companies generally prefer to finance new cars. Because they have a better chance of realizing a return on their investment with new cards, traditional financing companies often have rigorous application processes for used car loans. While you might ultimately be successful, getting such a loan from a conventional lender can be extraordinarily stressful. Thus, if you want to finance a used car, you should probably buy your car at a dealership.

Know Your Credit Score

Like with financing a new car, you will be better able to negotiate beneficial used car loan terms if you know your credit score. Before you start shopping for your car, request your score from one of the credit bureaus.

Don’t Choose Too Old of a Car

The newer your used car is, the greater your odds of securing financing. While there is no absolute limit, generally cars older than four or five years are more difficult to finance. On the other hand, if you run into trouble financing your older used car, you might look for a new car. Often, those who are unable to get a used car loan have no problem with new car financing.

Before you shop for used car loans, consider the unique challenges of applying for one. By knowing what to expect, you will be in a better position to secure financing for your used car.

Borrowing Money for a Car Could be the Right Move for You

Car loans can be scary prospects for someone that has never been in debt or owned a car. At Auto Approvals Today we do our best to make first time car buyers feel at ease with the process, and our lenders are some of the best in Canada. We can cater the loan terms to fit your situation and help you get into the vehicle that you need for your daily commute or weekend jaunts into the wilderness.

Credit should not be an obstacle when it comes to shopping for the car that you need. Our trained professionals work as a team to provide you with the best experience and the best vehicle possible. Our salesmen will listen to your needs and match you with the right car, while our lenders will help you with a loan that will assuage any doubts you may have with regards to affording the vehicle. Count on us to work with you whether you have bad credit, mediocre credit, or a perfect score.

The loan process is one that has become common place at most dealerships across Canada. It allows one to get into a vehicle that isn’t immediately available to them because of price barriers, but that may be necessary for them to get and keep a job or to enjoy the great outdoors to the utmost. Borrowing money and responsibly paying off the debt is the best way to build one’s credit. We are proud to help people build their credit with car loans and to help people become more mobile in the vehicle and manner that best suits them.

Fear not the uncertainty of debt. Let the lenders and our friendly staff be the solace you need as a new borrower or car owner. Comfort in your financial and vehicular decisions can be assured when working with us as we work with you to build connections between the buyer and the road and the great country of Canada.