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Excellent
Based on 312 reviews
May 12
Meghan Ford helped me and she was…
Meghan Ford helped me and she was amazing. I saved $160/month between home and a...
Bruce
May 11
Easy
Easy, clear and fast. Very effective.
Rene Izquierdo de la Cruz
May 7
I was looking for the cheapest…
I was looking for the cheapest insurance I can find and Imad helped me so much. ...
Janine Ferrigon
May 6
Sonia was very helpful and nice…
Sonia was very helpful and nice throughout the whole process. She got me the bes...
Ali Al-Rubayee
May 6
I got a hassle-free quick quote from…
I got a hassle-free quick quote from good insurance companies. This site is very...
Sisil
May 6
Very friendly and professional
Very friendly and professional. She always try to help. Really appreciate.
Binod Shrestha
May 5
Imad was extremely helpful and patient…
Imad was extremely helpful and patient with all our requests. He listened to our...
Guy St-Pierre
May 5
He was so amazing
He was so amazing. He went out his way to help me. He deserves a raise Very po...
Shahin Abbaskhan
May 4
Thanks for your help
Though unable to match my current insurance providers quote, Sonia handled my in...
Kent Warnock
April 29
Very accommodating and explained the…
Very accommodating and explained the pros and cons of insurance clearly..
Joemarie
April 27
Excellent Service
Ryan was over and beyond helpful and very detailed on getting me the best insura...
Adam Mckenzie
April 27
Great rates!
Ryan was very helpful and polite.He went all out to find me the best rate. He wa...
Linda Shelton
April 22
Wonderful experience!!!
My call started off with simple inquiries about the quote i recieved. I spoke wi...
emily murray
April 22
The service was excellent
The service was excellent. Emad provided awesome service for me.
John Bowden
April 19
Fast and professional customer service
Fast and professional customer service. All of my questions were answered and I...
P COSTANTINI
April 16
Chelsea was very helpful and a pleasant…
Chelsea was very helpful and a pleasant person to deal with.
Keith Tarala
April 16
simple quick and easy
simple, quick and easy
tony palumbo
April 16
Happy Friday!!
Customer service was GREAT!
Johnny SUNSHINE C
April 14
Excellent service
Excellent service. Thanks Chelsea
Nishanthan Ganeshan
April 11
Within minutes
Within minutes, I had results and was able to make my decision right after. Lowe...
Terry L
April 9
Knowledgeable and communicated…
Knowledgeable and communicated thoroughly.
J B
April 8
Very helpful
Very helpful Thank you
Kamaljit S Sond
April 8
Five stars all the way
Five stars all the way. I found thus web page pretty awesome
Thomas Cowan

Get approved for a car loan in Ajax. Just like that.

You know the drill in Ajax — it’s hard to get where you need to go without a car. Lucky for you, getting bad credit auto financing is easy. Our car loan service helps Ajax drivers get the loans they need to get on the road. Fill out an application, get approved, and choose your car from one of the registered Ajax dealerships in our network. It’s that simple.

We can help you even if you have:

  • Bad credit.
  • No credit.
  • Good credit.
  • Late payments.
  • Repossession.
  • Collections.
  • A bankruptcy.
  • A divorce.
  • New Canadian status.

How it works. Hint: It's free!

  1. Enter your information.
  2. Get matched with a dealership and get approved for a loan.
  3. Choose a vehicle from the dealership offering you a loan.

Ajax car loans made easy.

We’re proud of the car loan service we offer. Here’s why applying for a car loan online through LowestRates.ca is the better way.

Your Ajax car loan questions, answered.

I went bankrupt and have (really) bad credit. Can I still get a car loan at LowestRates.ca?

Yes. The main purpose of our car loan service is to serve Canadians with bad credit or no credit. We will connect you with an Ajax dealership capable of processing your car loan application.

I just moved to Ajax from another country. Am I able to get a car loan?

Yes. We can get you a loan in Ajax or anywhere else in the Greater Toronto Area even if you have no Canadian credit score. The dealers in our network specialize in bad and no credit auto loans.

Can I get a car loan if I’m a new driver?

Of course. We work with all Ajax drivers, regardless of their driving experience.

What do I need to qualify for a car loan in Ajax?

You need to be employed and earn a minimum income of $1,500 per month. You also need to be 18 years or older, a resident of Canada, and have a valid driver’s license.

How much tax do I have to pay on a vehicle purchased in Ajax?

The Harmonized Sales Tax (HST) is 13% in Ajax (and the rest of Ontario). Remember to include this amount in your car-buying budget.

How does the length of my car loan affect my monthly payments?

Long car loans result in smaller monthly payments spread out over a greater duration of time. Short car loans do the exact opposite: your principal balance (plus interest) is divided into larger payments over a more compressed duration of time.

Check out the graph below to compare monthly payments on short and long car loans.

Monthly payments on a $9,000 car loan (at 8% interest)

Length of car loanCar loan payment
24 months$407
36 months$282
48 months$220
60 months$182
72 months$158
84 months$140
96 months$127

About our auto loan network.

  • It's nationwide, servicing all provinces.
  • It's a free, fully secure, no obligation loan service.
  • It provides car loans that range from $5,000 – $40,000.
  • It offers market competitive interest rates, speedy approvals, and affordable payments.
  • It boasts a 100% acceptance rate, even if you have no credit or bad credit.

Ajax car loan tips

Negotiate your financing before you negotiate the purchase price of the vehicle

You can’t shop for your new ride until you know your budget, so spend time negotiating the details of your car loan first: what loan amount are you approved for, what interest rate can you get, and how long will your loan be?

Consider the total cost of operating a vehicle before you buy

The purchase price of the car is just one expense to consider. There’s also maintenance, fuel economy, repairs, and, of course, car insurance. Research the cost of operating a vehicle before you buy it and compare insurance rates online.

Choose a short car loan

Attention all Ajax car buyers: if you can afford bigger monthly payments, you should opt for a shorter car loan. With a short loan, you’ll pay less interest and get rid of your loan in less time.

Buy from a registered Ajax dealership

Registered dealerships follow a variety of rules and regulations set out in Ontario’s Motor Vehicle Dealers Act. If you buy from a private seller, you won’t be able to take advantage of those protections.

Ajax car loan facts

  1. Bad credit car loans don’t have to be small. Depending on your financial profile, our Ajax dealers offer loans of up to $40,000.
  2. The Ontario Motor Vehicle Industry Council requires dealers in Ajax (and the rest of Ontario) to clearly indicate if HST and license fees are not included in the vehicle’s advertised purchase price.
  3. You can travel on the 407 toll road extension for free until the end of 2016. That means drivers can use the new part of the toll road — which runs across the north end of Ajax — without worrying what it will cost.
  4. Ajax has the ignominious distinction of having the worst intersection for fender-benders in the entire Durham region— at Brock Road and the 401. After you’ve received your car loan and gotten behind the wheel, be extra careful at this intersection.
  5. You can get charged up in Ajax. The city now has 3 charging stations for electric cars, although the only station open to all vehicles and all brands is located at the Rouge Valley Ajax Pickering Hospital on Harwood Avenue.

Ajax car loan myths

  1. I can’t get a car loan in Ajax if I have bad credit. False. If you have bad credit or no credit, our car loan service is designed with drivers like you in mind.
  2. I can use my car loan to buy a vehicle wherever I want. False. Our car loan service connects you with one dealership in your area. They provide you with the financing to purchase a vehicle from their lot.
  3. The Motor Vehicle Dealers Act only protects new car buyers. False. If you buy a used vehicle from a registered dealership, you’re entitled to the protections provided under the Motor Vehicles Dealers Act.
  4. Dealerships have a ‘cooling off’ period for used car sales. False. There’s no cooling off period for used car sales in Ajax or anywhere else in Ontario. Dealerships don’t offer return policies and are under no obligation to give you a refund — even if they are registered.
  5. Interest rates on bad credit auto loans are extremely high. False. While interest rates on bad credit loans are higher than on standard car loans, you’ll still be able to find a reasonable rate on our site.

Car loan news

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