Tips for Financing Your Car

If you are looking to buy a new or used car, then you need to investigate your financing options.  Many car buyers rely on the car finance to supply them with an auto loan. No matter what your credit history you might be able to qualify for a loan.  Depending on your current financial situation, there are several car loan options for you to select from.

A great credit history can definitely help with the terms of your car loan at South Dale Motors. Because you will you get a better percentage rate, but the terms of the loan will help you to pay off the balance quicker.  This doesn’t mean that you can’t get a loan if you have a poor credit history.  At South Dale motors in Ontario we have set up special programs to help those who are suffering from low credit history. Although the length of the loan may be a bit longer, you can still get financing for a car with monthly payments that you can afford, with a bad credit history.



Although a down payment on your car is also going to help with the car finance process, it may not be necessary.  Manufacturers have periodic specials running that allow car buyers to purchase vehicles with no money down. Keep in mind that some of these deals are dependent upon credit scores.

When you are going to sign the documents, the salesperson may ask you about financing an extended warranty.  While there is no commitment to add an extended warranty onto your loan, but it is nice to have the added protection and extra coverage. It all depends what type of car you are buying and what you are using the car for.  Before you buy this additional optional coverage, be sure that you understand the added cost as well as the interest charges that may apply.

Financing a car may be hectic. By researching your options and understanding the process, you will be able to feel more relax.

We are a Family owned business and have operated for over 21 years, Southdale Motors of London has grown to become one of the Largest and most trusted quality used car dealerships in Ontario. We ensure our vehicles are properly serviced and repaired before ever being sold.

Our Online Auto Financing options give you the peace of mind that you need to make the right decision for yourself and your family. We work with top rated industry partners and financing agencies to find you the best deal we can for your particular situation and lifestyle.

Please free to contact us
Address:  55 South dale Rd.E, London ON, N6C4X5
Toll Free: 1-866-829-9213
Phone: 519-913-8888
Text: Joe: 519.318.6627
Text: Matt: 519.639.1312
Text: Toufic: 519.851.4003
Email:deals@primeautogroup.ca