How do I get approved for financing?

Applying and getting approved for vehicle financing is fast and easy at Village Auto Group! Approval is three simple steps away:

1. Apply for financing. Our online finance application is easy to fill out and completely secure.

2. Choose your vehicle. Browse our inventory of quality used vehicles right here on our website and pick the one that’s perfect for you.

3. Come for a visit. After you submit your application one of our friendly sales staff will contact you regarding your approval and to schedule an onsite appointment. At your appointment, we’ll go over payment options and get you test driving your future vehicle! Not in Saskatoon? No problem! we can work with you over the phone to secure your financing and have your vehicle delivered to your door almost anywhere in the province.

How do I apply?

Click here to fill out our secure online application. We’ll get in touch as soon as possible!
I’m visiting the dealership to apply for financing. What do I need to bring with me?
Applying for financing is easy! Here’s what you’ll need:

  • Your last two paystubs
  • Your valid driver’s license
  • Your last 30 days of bank statements
  • A void cheque or authorized withdrawal form stamped by your bank
  • Proof of residency, such as a utility or phone bill that matches your address

How can Village Auto Group help me?

We provide auto loans for people with all kinds of credit backgrounds, guaranteed.

  • No Credit
  • Bad Credit
  • Credit Rebuilding
  • Bankruptcy
  • Students
  • New Canadians
  • Working on Commission
  • Self-employed
  • Repo

What makes Village Auto Group different?

We’ve been in the business of selling top-quality used vehicles, and providing expert auto financing, for 40 years! Throughout that time our focus has always been on providing first-rate customer service and matching the right vehicle, and right finance package, to the right people. Nobody knows better than us that the price has to be right!

Traditionally, vehicle financing is done through auto manufacturers, major banks and leasing companies that can make it difficult for people in some credit situations to get vehicle financing. We have special access to alternative financing companies that other car dealerships don’t have access to. That’s why we can guarantee that we’ll get you financing, and that it will be at the best rate your credit history will allow.

What is considered bad or poor credit?

There are a number of things that can lead to bad credit, poor credit, and slow credit. Some of the most common examples are missing payment obligations such as credit card bills or utility payments, divorce, and bankruptcy just to name a few. The good news is that Village Auto Group is devoted to helping customers overcome these challenges and getting them approved for financing. That’s why Village Auto Group has the highest approval rate in Saskatchewan!

Village Auto Group helps good people overcome bad credit, no matter what the circumstances. Our strong partnerships with lenders, in-depth credit knowledge gained through years of auto financing experience, and our dedication to our customers means that no one will work harder to get you approved for credit at the best possible rate.

How can I re-establish my credit?

In short, an auto loan can be a big help in re-establishing your credit. Your Credit Bureau Report is a snapshot of your credit history, and is looked at by banks before they give out loans. If the activity on your credit report shows missed payments, defaulting on a loan, or a bankruptcy, big banks may become wary of lending.

An auto loan makes a big impression on a credit report, so one of the best ways to overcome a bad credit history is by taking out an auto loan and paying it on time. Because of our strong partnerships with lenders, we can get you approved for an auto loan and give you the opportunity to re-establish your credit.

How much money do I need to make to get approved?

If you live in Saskatchewan and make $1,800/ month or more, we can offer you vehicle financing!

Can I finance a car with no credit?

Yes! One of the best ways to establish credit is with a car loan. Village Auto Group specializes in getting people approved for their first no-credit loan at the best rate possible.

What’s a co-signor? Do I need one?

A co-signor, or co-applicant, is someone who applies for a loan with you. Even though having a co-signor can help get you a better finance rate, they’re not usually required to get you approved for credit. In many cases the ideal candidate for co-signer is your married or common law partner as naturally they contribute to your total monthly household income.

Will Village Auto Group take my current vehicle in on trade?

You bet we will! It’s important to us that our customers get the best value for their trade. Whether it’s an older auto loan, current lease, or a vehicle you own outright, Village Auto Group will offer you top dollar for your trade. We have a team of expert auto appraisers ready to look at your vehicle, and our appraisal service is always free!

Do I need any money down for my vehicle purchase?

No! Every day, Village Auto Group helps its customers build or rebuild their credit by financing used vehicles with no money down. When you let us work for you to get financing, we work with our lending partners to get you a vehicle you can afford with no money down necessary. In some cases we will require trade equity, or a down payment if no trade equity is available, the average down payment for a Village Auto Group ranges from $500 up to $2000 depending on the customers individual cash-flow situation at time of purchase.

When will I need to make my loan payments?

That’s a question we’ll be asking you! To make it as easy as possible, we’ll let you choose when you want to pay your loan. Bi-weekly, semi-monthly or monthly, we’ll set up payments in the way that makes sense for you.

Will my auto loan be an open loan?

Yes! We work with our lending partners to offer open loans. You can pay out your used auto loan whenever you like with no fees or penalties.

I live far away and don’t have a car. What should I do?

No problem! If you don’t live in Saskatoon and can’t get here to pick up your vehicle, get in touch with us. We’ll work out a way to bring you and your vehicle together!

Can you lower my interest rate?

Yes! If you’ve been paying an existing high-interest auto loan on time, Village Auto Group can often reduce your interest rate to make your vehicle more affordable. If you come back to Village Auto Group after fully repaying an auto loan, we can guarantee you an even better interest rate on your next purchase.

I’m visiting the dealership to apply for financing. What do I need to bring with me?

Applying for financing is easy! Here’s what you’ll need:

  • Your last two paystubs
  • Your valid driver’s license
  • Your last 30 days of bank statements
  • A cheque or authorized withdrawal form stamped by your bank
  • Proof of residency, such as a utility or phone bill that matches your address

Is bad credit really that common?

Over 25% of Canadians carry between $10,000 and $40,000 in debt, and a recent study shows that more than half of Canadians under the age of 50 spend more money than they make. In 2011, statistics showed that over 80,000 Canadians declared bankruptcy. These facts, along with increasing evidence that more and more Canadians are missing loan payments or defaulting on their loans altogether show just how common bad credit has become.
Village Auto Group helps good people overcome bad credit, no matter what the circumstances. Our strong partnerships with lenders, in-depth credit knowledge gained through years of auto financing experience, and our dedication to our customers means that no one will work harder to get you approved for credit at the best possible rate.

What if I’m past due on my credit card or behind on other loans?

If you’re struggling with credit card payments or if you’re past due on any of your other loans, Village Auto Group can get you approved for vehicle financing. Even if you’ve been facing calls from collection agencies, we can help. We deal with every kind of credit situation and pride ourselves on having the expert knowledge required to get you approved and driving – no matter what.

What if I have a vehicle repossession on my credit report?

If you’ve had an auto loan repossessed or even completely written off, we can help you. Village Auto Group can get you approved at a competitive rate even if you have a repo on your credit report.

×
Menu

Thank you for visiting our dealership website. As a token of our appreciation we would like to offer you a $150.00 Off Pre-Owned Vehicles Coupon


Please Enter Captcha Code

captcha

 Send me exclusive offers and promotionsView Disclaimer

Offer valid for thirty (30) days. Limit one (1) certificate per vehicle purchase. Not valid with any other discounts or promotions. Void where prohibited by Law. Other restrictions may apply, please see dealer for details. Certificate must be presented upon arrival at dealership.