FREQUENTLY ASKED QUESTIONS

In order to apply, you must:
1) Be at least 18 years of age
2) Have a valid Ontario Drivers License
3) Make at least $2,000 per month
4) Have at least 3 months at current job

It all depends on your current credit situation. If you have good to excellent credit, then a $0 down option is available, But don’t worry, if your credit score is far from perfect, we have many auto loan lenders that approve customers with as little as $500 down.
We also accept trade-ins, which can count as your down payment.

We have access to over 4,000 certified used vehicles, so no matter what your needs and budget are, we’ll definitely find the right car for you.

Absolutely. Queen Auto Group is one of the largest automotive wholesalers in Toronto and we accept all types of cars. If you don’t have any negative equity on your current car loan, we can use your trade in as down payment, which will reduce your loan amount and bi-weekly payments.

When you apply for any type of loan and a financial institution pulls your credit, it does affect it. What makes us different, is that we’re not a “lead generating website” that collects customer information and sends it off to a bunch of dealerships and banks to seek a quick approval (which means your credit would be pulled multiple times). We only check your credit score once, and use that report to find you the best possible car loan at an affordable bi-weekly payment.

All information submitted on this website is 100% private and confidential. We will NEVER sell or share your information. Your credit score will be shared with the auto loan bank, after our Finance Manager contacts you first to confirm your information.

We understand that life gets in the way and not everyone’s credit is perfect, that’s why we work with over 20 auto loan lenders that specialize in bad credit car loans, even with repossessions on the credit report. Everyone deserves a second chance, so no matter how bad your credit situation is, even if you got denied before, apply with us today and see how quickly we can get you approved for a car loan!

Your car loan interest rate will depend on your current credit situations. Our car loan rates range from 0% to 29%. After you submit your application, one of our Finance Managers will call you to discuss your credit score and a realistic rate and payment you can expect to pay.