NexGen Cars Canada Blog

Used Cars; What a Great Option For most of us, owning a car is a necessary part of life. We need it to get groceries, to get to work, our kids to school and, perhaps, the family to church. And while having that brand new shiny vehicle with that fresh new-car smell parked in our driveway, the depreciation of the value from the time it leases the auto dealership to your home will make you nauseous....

Myth: A Checkered Credit History Equals No Car Loan You need a car. You'd like the affordable price tag and reliability of a quality used car, but are under the assumption that used car dealerships require full cash payment up front. Where would you get that kind of money? If only you could find the used car you'd like on financing terms you can afford! But even if you could find such a dealership,...

How to Take the Hassle out of Applying for Car Loans Applying for loans is a process that virtually no one looks forward to. Although the application process may never be truly enjoyable, many people do not realize that there are a number of ways to make it much simpler. For people applying for car loans, including bad credit car loans, taking the following steps will make the process much more...

Build Your Credit With Car Financing If you are in the market for to purchase a car, chances are you are also interested in a reasonable car financing plan. Getting the best deal and keeping your payments affordable requires that you protect your credit in various ways before you decide to purchase a vehicle. One mistake many people who will make a large purchase within the year fall into...

When Your Car Gives Out It can seem like auto problems come out of nowhere. One day you are driving along, not a care in the world, and the next your car just will not start. When this happens, and your car is beyond repair, it can mean that it is time for a new car. But what happens when you do not have the money for a new car? A loan is always an option, but if you have bad credit you may feel...

The Effects of Your Credit Score on a Car Loan One of the reasons why people have to get bad credit car loans is because they have a bad credit score. "Credit score" can be used to talk about a few different scores kept in your credit file, but the one that is most important when it comes to lenders is your FICO score. Knowing and understanding this score will help you when it comes to getting...

3 Mistakes to Avoid When Trying to Get Bad Credit Auto Financing If you have bad credit, you may assume that purchasing a new vehicle is out of the question. It's not. Many lenders offer bad credit car loans to people with low credit scores. Though the rates are higher than traditional auto loans, they are ideal for individuals who need a reliable vehicle but who cannot spend months fixing their...

The Importance of Patience when Looking to Purchase a Used Car If you're on the lookout for a used car, you probably know about all the things you'll need to think about in order to make your purchase worthwhile. While buying a car can definitely be an emotional experience, it's certainly not a situation where your emotions need to rule the day. Keeping a level head and staying patient are very...

Where To Find Bad Credit Car Loans There are several places where you can get a car loan, regardless of your credit, and some will be better than others. For instance, if you come down to the dealership and sit down with one of our finance specialists, then you can get the loan and the car that you want at the same time. Two things you want to look for in a lender is the loan availability and...

Providing Car Loans No Matter Your Credit Are you looking for a used car? If you are, make sure you choose the right dealer because that simple decision will dictate the whole purchase. The dealership you decide to buy from should stock the highest quality cars, provide excellent financing, and offering service is a must as well. Our dealership can meet all of these expectations and more, so...

Make Auto Loans Work for You Without a functioning vehicle, some may find it impossible to perform daily tasks, such as commuting to work, shopping, or carting kids to and from school. Auto loans are an integral part of the buying process, and we are willing to work with you to negotiate a price that everyone can live with. Things like budget, financial history, and credit score can all have...

5 Benefits of Used Cars When you set out to look for your dream car, you want one that has all the right features but doesn't break the bank. Used car dealerships offer you myriad car choices, and they are your best bet for finding that perfect car. Here are five of the benefits of buying used cars. The first and perhaps most obvious benefit of a used car is the lower price sticker. The steepest...

Used Trucks Are Available in Many Styles and Sizes It's time to hit the road for a trip, but you've known for quite awhile that your current truck needs to be replaced. The days of its sleek finish are long gone, and it is hard to hear the radio thanks to the loud engine noise. You may have a lot of questions about your new set of wheels. We have the answers you need. Visit our dealership, and...

The Benefits of Securing a Car Loan at the Dealership In order to make any large purchase, you must decide how you are going to pay for it. Unless you have the full price of the car saved when you are ready to buy, you will likely need to finance the vehicle into reasonable monthly payments. Sailing through the sea of car loans can be a hassle, though. To help you navigate those waters, the dealership...

3 PROS TO GETTING A LOAN FOR YOUR CAR Purchasing a vehicle isn't something to take lightly or just do on a whim. This should take careful consideration. After all, your car will serve many purposes, hopefully or a number of years to come. Buying a used car doesn't have to cause panic or anxiety, however. With car loans, it can be easier than you may think to own a vehicle, whether it's your only...

Understanding Your Car Loan and How It Fits Into Your Budget Car loans are a great way to help customers afford a new or used car that they would otherwise not be able to afford. Understanding your car loan and its financial impact is incredibly important. The first step is understating exactly what you can afford to pay on a monthly basis. Overreaching for a car, and the loan that comes with...

How to Obtain the Best Car Loan Rates When looking to buy a car at our dealership, we want you to get the best rates available for your loan. You can do this by following these tips and knowing what to ask for when you get here. These factors matter when trying to get the best rate on car loans. Look for a Low Annual Percentage Rate APR is the rate of interest that is added on top of your...

Questions to Ask When Financing a Car Getting approved to finance the car you want can be exciting. It is tempting to skim through the details of the loan and rush to the dotted line so that you can drive off in your next car. Before you sign, however, it is important to understand all the terms of the agreement between you and the dealership. Before you drive away, here are a few questions you...

Rebuilding Your Credit With Car Financing Often people who have had trouble with credit debt in the past don't realize that re establishing credit with car financing is not only possible, but also a very smart option. Everyone has to start building or rebuilding his or her credit somewhere, and if you're looking at buying a car anyway, you might as well accomplish both tasks at once. Here are...

Tips For Getting A Bad Credit Auto Loan Just because you may have a credit score that is less than perfect doesn't mean that you can finance a car that you really want. Having an idea of how to go about getting a loan for a vehicle is often complicated, even with good credit. Here are some ways to get a bad credit auto loan without being overwhelmed by the process. One of the first things...

What You Need To Know About Used Cars There are numerous aspects to consider when purchasing a used car. Two key things to educate yourself on include how depreciation works as well as how to go about taking out a car loan if needed. If taking out a loan is not necessary, paying for your car in cash can save you a lot of money over time because you can avoid depreciation. Going With a Used...

The Advantages of Used Cars In today's economy, purchasing a used car makes perfect economic sense. In fact, since so many people are holding onto their cars for longer periods of time that used cars have actually increased in value. This is due, in part, to the fact that fewer used vehicles are coming on the market. Thanks to better engineering, it is possible for almost any modern car to last...

How to Pay for a Used Car Without Breaking the Bank Sometimes it seems like cars break down at the worst times. You might not be in a great place financially when your car becomes inoperable, and buying a new car is not always possibly. When you need a car, and you have limited funds, a good used car might be the best thing for you. There is a wide-variety of used cars on the market. With a little...

What You Need to Know About Financing Used Cars Buying a car is an exciting experience. The process of obtaining financing, on the other hand, is less joyful. We want you to consider these aspects about financing used cars so that your experience can be a good one. Obtain Your Credit Report Before trying to get financing you always want to obtain your credit report. Be sure to check it...

COVID - 19 update Due to the unforeseen and extraordinary events surrounding the global Novel Coronavirus pandemic and for the safety and protection of our Customers, staff and community in general, we have made the difficult decision to suspend showroom operations at Nexgen Cars Canada Temporarily. Until additional advice from our province's health team arrives, our sales team will work online/remotely. SALES...

Understanding Which Car Is Right for You When you start shopping for used cars, it quickly becomes apparent that you have plenty of options. With makes and models from every year imaginable, it's easy to get overwhelmed and go with the first car within your price range. Instead of caving too early and not getting the best deal, you should learn more about how to shop for a preowned vehicle that...

Why Buying a Used Car From a Dealer Makes Sense If you are in the market for a new used car, you have a couple of choices. The first choice is to buy from a private seller. This has many obvious disadvantages, including only getting to look at one car at a time. The second and we believe better choice is to buy from a dealer. The benefits to this approach for buying used cars are many and powerful. Selection Our...

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...

Buying a Used Car: How to Choose a Payment Option When the time comes to buy a used car, there are many financial factors to consider. Perhaps your budget will narrow your used car choices, or you may not be aware of the payment options available. We are ready to show you some ways you can pay for your vehicle and to show you that the make and model you desire most may well be within your reach...

Reasons You Should Buy a Used Car The idea of a brand new car is exhilarating, but for most people, used cars are more budget friendly and just make more sense. If you aren't convinced that a used vehicle is the right choice for you, then you need to keep reading. We're going to show you why buying used can be the best decision you make. More Options Buying used gives you a range of great...

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 NexGen Cars Canada 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...

3 Reasons to Buy a Used Car If you've ever turned on a TV -- and chances are you have -- you were probably inundated with commercials for shiny new cars for only a single paycheck per month! When your family is in the market for a new car, a used cars service could offer you something just as beautiful as what you see in on the new lot. That's not the only benefit, either. Used Cars Are Cheap It...

Key Steps to Take When Purchasing a Used Car to Make Sure You Are Comfortable If you are on the hunt for quality used cars in your area, there are some key steps to take to be sure the entire process goes well. We recommend taking these steps to ensure you get exactly what you want and spend the amount you want to in the end. The most important thing is guaranteeing the vehicle you buy is top...

How Buying from a Dealer Simplifies Your Life Buying a used car from a dealer has a number of advantages of over getting a car from a private seller. For one thing, our reputation is on the line with every car we sell, which isn't the case for an individual. Our business model is built on satisfying the customer, so that we get repeat business and positive word of mouth. This goodwill allows...

3 Tips for Buying a Used Car If you've been researching purchasing a used car odds are you're not the only one. Statistics show that approximately forty-million used cars are bought, sold or traded every year. This only goes to show that there are a number of car options to choose from. Here are a few helpful tips to get you started. Shop Within Your Budget Before you go shopping...

'Don't shop for the cheapest car': tips on the smart way to buy used Taking the vehicle for an independent inspection is recommended, says Car Help Canada consultant. Sales of new vehicles may have hit a record high, surpassing the two-million mark for the first time last year, but the majority of consumers are still projected to buy used primarily for one key reason: cost savings. DesRosiers...

Best Time to Buy a Car in Canada Changing your car is something you will inevitably do multiple times during your life. The fact that you live in Canada, the second biggest country in the world and that Canadian cities tend to spread more horizontally than growing vertically, makes the point of having a car literally a "must." So, you will ask yourself a lot of times: When is the best time to...

Why Canada's used-car world is becoming a buyer's market Ian Bickis, The Canadian Press  Published Sunday, October 21, 2018 10:22AM EDT  TORONTO -- The balance of power in the used car market is shifting towards shoppers as improved data and online offerings create more opportunities to push for the best price. A fast-evolving online marketplace is providing more intelligence on...

Discovering the Right Used Cars Owning your own car can be the ticket to freedom that you have been searching for. Unfortunately, you might also have realized that it is something of a costly endeavor as well. In order for you to be able to make the right choices for your future, it can be an excellent idea to consider used cars for your needs. Here are a few tips to help you discover the right...