Financing a car? 3 things to know when financing a car.

We all need a car and nowadays it has become a necessity for most of us, whether it is to drive to work or take the kids to school

The two options that are available out there are: Pay cash or lease/finance a car. Sometimes we don’t have the savings we need to buy our dream car with cash and that is why there are options of leasing or financing a car.

There can be many advantages to financing a car. Everyone’s financing needs can be different and may require some more digging into what options are available out there. Financing a car can be a very beneficial option for most people.

Leasing means you can drive the car with some conditions but you don’t own the car. Financing means you buy a car and agree to a payment plan until the car is yours. There are NO conditions, NO agreements and NO limitations on Kms with a financed car, as long as the payment plan is followed, YOU will own it.

Know the game

The key is to take advantage of this option for buying a car, you should not put yourself under such a financial burden which will cause you to be in a very challenging financial situation. Financing is for YOUR benefit. Lower the interest rate, the better it will be for you.

At GT Motor Sports, many different options of financing are available for our customers to choose from.

Improving your credit

Financing a car can be a good way to build your credit. Building credit can take time, so it is extremely important to start building your credit before you really need it. If you are responsible in making your monthly car payments on time and in full, it can definitely be a game-changer for improving and rebuilding your credit score.

If you have bad credit, you can be pre-approved by lenders and your credit can be rebuilt through financing a car or taking out a personal loan. At GT Motor Sports, we give this opportunity to our customers to start building or rebuilding their credit so they are ready for major purchases down the road.

$0 Down – Everyone approved!

At GT Motor Sports, we provide any and all financing options that are available so our customers can get the lay of land and make the best possible decision and drive a vehicle they love.

Financing a vehicle could be one of the best decisions you make as a first time car buyer, second or even third time car buyer. This is the reason why our loyal customers choose the option of financing a car. At GT Motor Sports, you can apply to be pre-approved for financing with meeting the following minimum requirements:

  • Canadian resident
  • Identification
  • Proof of income
  • Driver’s License

At GT Motor Sports, there are a variety of trusted lenders who offer financing services to our loyal customers. This is one of many advantages to shop at GT Motor Sports.