Automotive Source of Canada is the Leading Provider of Quick, Easy, & Secure Vehicle Financing in Canada.

You can choose from ALL makes and ALL models available in the market and we offer FREE delivery services to Ontario, Manitoba, Saskatchewan and Alberta.

Automotive Source of Canada specializes in obtaining car loan approvals for people with all levels of credit.

  • If you have GOOD to EXCELLENT CREDIT, we can secure the lowest interest rate on your next auto loan.
  • If you have BAD CREDIT, NO CREDIT, previous BANKRUPTCY, been through DIVORCE, or had a REPOSSESSION, we have every major lender available under one roof to get you approved regardless of your past credit history.
  • If you are NEW TO CANADA or receive PAYMENT THROUGH TIPS and CASH, we can help jump start your Credit Score with our Credit Building Programs!

For more information, check out our video and list of frequently asked questions (FAQs) below.



Why should I deal with Automotive Source of Canada?

Our customers use Automotive Source of Canada because banks are set up to only help people with good credit, and most dealerships will not have access to the specific financing programs that they need.

The major advantage to using our service is that we have a team of auto finance specialists who are experts in helping people with bad credit. This is how we have been able to play an instrumental role in helping thousands of Canadians find affordable cars, trucks, and SUVs.

If I want to talk to someone, how can I reach you?

Our team will be happy to answer any of your questions via the following:

  • LIVE CHAT from our website – 10am to 6pm (CST), Monday to Thursday
  • CALL US at +1-844-944-2886 – 9am to 6pm (CST), Monday to Saturday
  • EMAIL US at [email protected]

What are your terms and conditions?

We understand that you want to know what you’re signing up for. Our terms and conditions are easily accessible right here. The terms of each person’s approval will depend on the information from their entire application.

To learn more about how the information on your application will be shared, please refer to our privacy policy here.

How long does the process take?

Our application takes less a few minutes to fill out. After submitting it, we will review your profile and one of our auto financing specialists will contact you as soon as possible to discuss your car loan solutions. In many cases, we can have you driving your new car that very same day! Depending on the day, like holidays/busy times, it may take up to 24 hours for our specialists to be in touch with you.

What are the information that you need?

We only ask for the information that we need to help you find an approval. By knowing your location and a bit about your financial circumstance we are able to determine where you will have the highest chance of approval for your auto loan.

What are your minimum requirements?

Our minimum requirements are that you are the age of majority in the province that you reside in, and that you are a permanent resident in Canada. Other than that, we are happy to accept applications from people in all types of financial circumstances.

Is credit check necessary?

Yes, a credit check will be a necessary part of the approval process.

How much will this cost me?

Our application process is absolutely FREE! We work hard to provide you with the best service, guidance, and options available! You don’t need to commit to anything until you’re ready and have found a plan that suits your needs.

Should I find a car first before applying for an auto loan?

We recommend that you consult with your auto finance specialist first. Your auto finance specialist can quickly provide you with a pre-approval that we can then use to find the perfect vehicle for you. Also this method has the lowest impact on your credit rating because you don’t have multiple credit inquiries from multiple locations.

How much can I get pre-approved for?

The amount that you will get pre-approved for depends on several factors. Once you apply, the specialist dedicated to your account will get in contact with you to work towards matching you with the right vehicle that fits within your monthly budget.

Am I obliged to buy a vehicle if I apply?

No. When our auto finance specialist initially gets in contact with you, the intent is to inform you of what your options are. From there, you are able to make an informed decision upon whether you would like to make a vehicle purchase.

Can I still buy a car even if I don't have a driver's license?

Yes, you can finance a car without a driver’s license.

Can you help people who are receiving financial assistance?

We definitely do. While your chances of finding an approval might be a little more limited, we are always happy to work to provide you with more options.

How will this affect my credit rating?

When you apply for a loan it is reported to the credit bureau, which lowers your score by a very small percentage. Our auto finance specialists target lenders across Canada to find the right lender for your personal situation. This will help to reduce the number of inquiries made against your credit file.

Usually, when you purchase a vehicle your payments are reported to the credit bureau. If all payments are made promptly and on time, a vehicle purchase can hold the potential to help repair your credit.

Can you still help me even though I have been turned down in the past for an auto loan?

Yes, our auto finance specialists have years of experience helping people get auto loans even if they have been turned down before, regardless of the reason.

These are the ways in how we can help you:

First, our auto finance specialists will work with you to determine your approval options. This way, you don’t have to go searching for someone who might not be able to get you approved.

Next, our specialist will get in touch with you to let you know what your choices are available to you. You will then be able to make an informed decision upon whether you would like to move forward with the purchase of your vehicle.

Finally, if you choose to purchase a vehicle, you are able to drive your new car off the lot or we can deliver them to you!

Can you still help me even if I have no credit or no history at all?

Yes, our auto finance specialists can help people with no credit get car loans through our Credit Building Program.

Can you help me even though I am bankrupt or have filed for bankruptcy?

Yes, we have definitely helped people in this circumstance. When you apply with us, we are able to match you with a partner that has specific programs dedicated towards assisting anyone going through bankruptcy. The process of acquiring a vehicle may take a little extra time because our partner would require some information from your trustee, but we are usually able to provide our customers with great options.

What will the interest rate be on my car loan?

The interest rate you’ll pay will depend on your personal financial situation. We have many customers who are able to negotiate low interest rates. After completing your application one of our auto finance specialists will contact you to go over your options and provide more information on current interest rates.

I have really bad credit. Are you sure you can still help me?

Yes, our auto finance specialists are experts in handling all credit situations, even really bad credit.

Are there any credit situations that you can't handle?

We are able to handle the following:

  • bad credit auto loans
  • no credit auto loans
  • good credit auto loans
  • current bankruptcies or past bankruptcies
  • divorce
  • consumer proposals
  • new to the country
  • self-employed
  • collections

…and more!

Our auto finance specialists work with major and specialized lenders across the country to get financing for even the most difficult situations.

How much cash do I need for a downpayment?

You don’t NEED a down payment. We have many $0 down options to suit your financial needs and we do not require a down payment to get you qualified! Although a down payment will decrease the amount you borrow and can shorten the loan’s term. You are definitely encouraged to discuss these options with your dedicated auto finance specialist, so you can get the best option available.

How much auto financing can I qualify for?

Everyone’s situation is personal. After your application has been submitted on of our auto finance specialists will contact you to discuss how much you qualify for. They’ll help you find the best solution to accommodate your average monthly budget.

I have a car that I can trade-in. Can I use it towards my loan?

We are always happy to work with trade ins, even if you still owe money on your vehicle. Also, there are many instances where we are able to use your trade in as a down payment to help lower your monthly payments.

What terms and conditions govern my car loan?

The term and conditions will completely depend on your personal situation including money down, interest rate, etc.

Do I need a cosigner?

We are usually able to help our customers without a cosigner. However, whether or not someone will need a cosigner will depend on the information from their entire application. Applying is free and holds no obligation to make a purchase, so it does not hurt to find out what your options would be.

How are my payments calculated?

Calculating a monthly loan payment is tricky business, and if the loan is not at a fixed rate, the rules change. Auto loans may be fixed or adjustable: Fixed means the interest rate is locked in and the monthly payment will be the same for the length of the loan; adjustable means the monthly payment can fluctuate based on market conditions, in particular an increase or decrease in the prime rate.

If interest on a loan is compounded, this also changes the monthly payment. Finally, the APR on any loan, is the rate number used to determine the monthly payment. The APR is a combination of the quoted interest rate and fees applied to the loan. Don’t worry though; Your auto finance specialist understands how payments are calculated clearly and we can help you understand it as well.

Your payment specifically will depend on the best possible rate we can secure for you and the vehicle you select. The rates, terms, and sale price are determined by the vehicle you choose. Don’t worry; our goal is to get you into the best possible car at a payment you can comfortably afford. We take pride in it!

Can I pay my loan off early or would I have to pay a penalty?

Our auto finance specialists will never put you in a loan that penalizes you for paying it off early. Making additional payments or paying a loan off in full is always a good idea because it will save you interest in the long run.

Do I need to have insurance?

If you are financing a vehicle, yes you need to have insurance on it before taking delivery. If you are paying cash for a vehicle you don’t need to insure it but you wouldn’t be legally able to drive the vehicle on public roads or highways.

What types of vehicles do you offer?

All types! Trucks, cars, SUVs, you name it. With our large network of dealer partners we are your one stop shop for All Make & All Models.

Its free to find out your options, our application only takes 2 minutes to complete and without any commitments you’ve got nothing to lose. To get Pre-Approved please click the button below.

Where can I view your vehicles?

With a rapidly growing network of dealer partners we offer a wide selection of vehicles! All makes & all models, both new and used. Upon securing a pre-approval one of our Finance Specialists will go over the vehicles best suited for your budget.

If you are interested in a particular vehicle just inform us and we will do our best to get you that perfect vehicle. To get Pre-Approved and find out your options please click the button below.

Do I get to select the vehicle that I want?

Yes, after matching you with an Auto Finance Specialist we will contact you to discuss what vehicles are available. We will assist you in picking the best one for your needs and budget.