Need the best car loan in Manitoba? You’re already en route.

Yes. Despite what some banks might tell you, bad credit doesn’t mean you can’t get financing. In fact, our car loan service specializes in auto loans for Canadians with bad credit. So even if a bankruptcy, divorce, or other financial setbacks previously damaged your credit, we can help you get financing for your car.

A minimum income of $1,500/month, Canadian residency, and a valid driver’s license. Just meet those basic requirements, and we’ll match you with a dealer.

Of course. One of the great things about our car loan service is that we work with an expansive network of licensed Manitoba dealerships. So don’t worry — matching you with a nearby dealer is what we do.

Yes. As long as you’re licensed and meet our other car loan requirements, we can help you get a loan.

Your payments will be based on a couple of different factors, including your loan amount, interest rate, and the length of your car loan. When you’re matched with a dealer, ask for more details. Don’t be afraid to negotiate on the interest rate.

When you buy a new or used vehicle from a licensed car dealership in Manitoba, you have to pay 5% GST and 8% RST (Retail Sales Tax).

Longer car loans break your principal balance up into a greater number of smaller, more manageable payments. A shorter car loan does the opposite.

For example, a 6-year car loan splits your balance (ex. $12,000) into 72 monthly payments of $210 — refer to our graph below. But a shorter loan, of, say 2-years, splits your balance into 24 payments of $543.

The longer loan seems like the more attractive offer, but there’s one more factor to consider: the interest charges. At the end of that 6-year car loan term (72 months), you will have paid $15,120 with the interest included. At the end of a 2-year term (24 months), you’ll have only paid $13,032 — that’s a pretty big difference.