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What our users say:

Based on 331 reviews
July 15
Auto Insurance
I was looking for an insurance rate that would help me save money, I did a Googl...
Louise Beaton
July 7
Great and honest service !!!
Meaghan Ford was amazing with her service and very patient in explaining all the...
Zee Sajid
July 1
excellent service
excellent service
An Luu
June 22
Highly recommended
Excellent customer service. Was very patient and answer my customers toughly. Fo...
Karan Parmar
June 18
Chelsea was very helpful
Chelsea was very helpful, answered all my questions and set me up hassle free. S...
June 11
Very nice broker
Very nice broker. Good service. Found a great deal.
Meredith Berggren
June 9
Simple, fast, affordable!
Took a little longer than expected for the billing to go through, but otherwise...
Jonathan C
June 5
Awesome work
wow what an awesome rep. He did up everything, extremely fast and was very under...
Delroy Paul
June 4
It was a pleasure dealing with your…
It was a pleasure dealing with your broker, it made switching insurance companie...
Michael Sheridan
May 27
Excellent customer service
This is the first time I got insurances from Direct Rate.I have nothing but good...
Tejas Patel
May 26
Quick service
Quick service, good price
May 22
Imad Harrouk was great !
Imad Harrouk was great ! intelligent well spoken professional polite a perso...
james bannon
May 21
Imad Harrouk helped me get the best…
Imad Harrouk helped me get the best home and auto bundle insurance quote. He was...
Amanda Moskowitz
May 20
Excellent !!! Very competitive rates !!
Excellent customer services also they have very competitive rates !!
Eliza Gallant
May 20
Excellent Service
Sonia was patient with all of my questions, helpful and cheerful through the ent...
Cori Thompson
May 18
I was treated fairly and walked through…
I was treated fairly and walked through my purchase.I enjoyed the agent was exce...
paul neville
May 14
Highly recommend
Great experience, simple to use and they gave me a lot of options at prices that...
Chandra Wilson
May 11
Easy, clear and fast. Very effective.
Rene Izquierdo de la Cruz
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
Very friendly and professional
Very friendly and professional. She always try to help. Really appreciate.
Binod Shrestha
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
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
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...

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.

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

The SkyTrain can only take you so far, and only at certain times of the day. That’s why you need your own means of getting around in Surrey. Fortunately, if you don’t have great credit (or any credit at all) and need help buying a car, you can get financing through our car loan service.

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.

Surrey car loans made easy.

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

Your Surrey car loan questions, answered.

Will I qualify for a car loan in Surrey through your site?

Most likely. Our requirements are pretty basic: you need to be a Canadian resident, 18 or older, fully licensed, and earning at least $1,500/month. Just fill out our online application with the details, click submit, and wait for approval.

I just moved to Surrey from another country and I don’t have any credit history — will I still qualify for a car loan?

Yes. It doesn’t matter if you’re new to the city — you just need to be a Canadian resident. And your lack of credit history is fine too. We work with drivers who don’t have credit almost every single day. In fact, it’s kind of our specialty.

Do I need to drive for a minimum number of years before I can apply for a car loan?

Nope. But you do need to be fully licensed, and in BC, that process takes about 3 years.

Can I use my car loan at any car dealership in Surrey?

No. Your car loan is only valid at one dealership — the one offering you the loan. Remember: we match you with a nearby dealership and then it’s the dealership that gives you a loan and sets the terms. Once your car loan details are settled, you can shop the dealership’s lot and find your new (or used) ride.

How much tax will I have to pay on a vehicle purchased in Surrey?

When you buy a vehicle from a registered Surrey dealership, you pay 5% GST and 7% PST — if your vehicle costs $55,000 or less. If the price tag exceeds that amount, the PST rate will increase.

Here’s each price bracket and its corresponding tax rate:

Cost of the vehiclePST
$55,000 or less7%
$55,000 - $55,999.998%
$56,000 - $56,999.999%
$57,000 and above10%

What’s a car loan term and how do I pick the right one?

‘Car loan term’ refers to the length of your car loan. In other words, the length of time (expressed in months or years) required to pay off your loan and interest charges. Car loan terms usually range from 24 to 96 months, but the right term for you will depend on your preferences and the state of your finances.

Here’s a little guidance: short loans are great if you want to minimize your interest charges and are comfortable making bigger monthly payments; long loans are popular because the payments are smaller and more manageable month to month.

Just remember one other thing: long loans translate into a greater number of monthly interest charges, which makes your car loan more expensive in the end.

Here’s a look at how your payments may increase or decrease depending on the length of your car loan. Hopefully this helps you choose the right term.

Monthly payments on a $10,000 car loan (at 8% interest)

Length of car loanCar loan payment
24 months$452
36 months$313
48 months$244
60 months$203
72 months$175
84 months$156
96 months$141

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.

Surrey car loan tips

Choose a short car loan

Think less interest charges and a quicker way out of car loan debt. Short car loans (eg. 24 or 36 months) are often worth the higher monthly payments they bring.

Consider the lifespan of your car

A used car may not last very long. Or you may want to replace your new car with an even newer model 3 years from now. In either case, you don’t want to be stuck paying for an auto loan on a car you don’t drive anymore. Think about these scenarios as you pick your car loan term.

Get an inspection from a mechanic

We know you’re keen to get on the road, but you should always have your vehicle inspected by a qualified, trustworthy mechanic or a BCAA expert before you buy it.

Ask about the price

At all Surrey dealerships, the sticker price (or the advertised price) should include the cost of the car plus all applicable fees (dealer fees, inspection charges, etc.). You should always double-check and ask the salesperson questions before you move forward with the purchase.

Surrey car loan facts

  1. Surrey drivers get a second chance. If you’ve experienced a financial setback, like a bankruptcy or divorce, you can still qualify for an auto loan through our site.
  2. Under Canada’s Competition Act, auto dealerships cannot sell vehicles at prices higher than the lowest publicly advertised price — even if the driver didn’t know about the lower price.
  3. The Vehicle Sales Authority of British Columbia regulates Surrey car dealerships and even runs investigations to keep them in check. So if you’re worried about something like odometer tampering, contact the VSA.
  4. Canadians are pretty reliant on cars. In fact, approximately 74% of Canadian commuters drive to work every day.

Surrey car loan myths

  1. I won’t be able to afford the interest charges on a bad credit car loan. False. Bad credit car loans will have higher interest rates than standard car loans do, but the rates will be market-competitive if you procure your loan through Our dealers will serve you to the best of their ability — they have a lot of experience working with drivers who have bad credit.
  2. I can’t get a car loan if my last vehicle was recently repossessed. False. That may be the case if you’re dealing with the big banks or with a credit union, but not with us. We can still help you get a car loan and we’re happy to do so. And the dealer we match you with will try to accommodate your situation as much as possible. Of course, you’ll have to do your part too and make your monthly payments on time.
  3. Surrey’s used car dealers don’t have to make mandatory disclosures. False. All registered dealerships in BC have to provide the same mandatory disclosures. And getting that info is especially important if you’re buying a used vehicle. Consult the Vehicle Sales Authority of British Columbia (VSA) to see which disclosures dealers have to make.
  4. I can use my new auto loan to refinance my current car. False. The car loans you get through our service are only for vehicle purchases. Plus, you must use the loan to buy a car from the dealership offering you financing. Unfortunately, our car loan service isn’t the right fit if you’re looking to refinance. Feel free to come back when you are ready to buy.

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