Auto Financing Made Easy. Get Pre-Approved Online.
- Apply in seconds
- We'll finance you if the banks won't
- We'll re-finance you if your rate is too high
The Go Auto financing process
We help you find
a vehicle you love
Once you fill out the form above, our team of personal shoppers will search far and wide for the exact vehicle you want, right down to specific features.
Get pre-approved
online
Now that you've decided on a vehicle, we can get you pre-approved for it without having to bring you into a dealership. Get approved in your pj's!
Low/no credit?
No worries
We work with more than a dozen banks to secure the auto financing you need. But even if they deny you, Go Auto can still finance you—with our own money.
Pick your
payment
Once you've been approved (either by a bank or Go Auto) we work with you to choose a payment that fits both your lifestyle and your budget.
How we've approved more than 300,000 people
Bad credit car loans
If you’re having challenges getting approved, don’t worry. Go Auto has solutions for nearly every credit situation. Our financing tools and credit specialists will help you get back behind the wheel with affordable auto loans that make sense for you.
We approve when the banks don't
Thanks to our success, we have created our own finance company, Go Finance. So, if we can't find a bank to approve you for an auto loan, we can finance your loan ourselves. This means we approve more people than anyone else.
Re-finance your bad loan
Unlike our competitors, we can lower the interest rate on your vehicle over time as long as you're making regular payments. With Go Auto, you're not stuck with a rate you can't afford. To get started, fill out the form above.
Our extensive list of lending institutions includes
Alberta Treasury Branch
Bank of Montreal
Bank West
Chrysler Financial
Carfinco
Dominion Leasing
Financial Linx
First Calgary Savings
Ford Credit
Go Finance
Royal Bank
Scotia Bank
Scotia Dealer Advantage
Sevus Credit Union
TD Canada Trust
WS Leasing
Our car loan specialties
First time buyers
Go Auto owns and operates dealerships for 19 new-vehicle brands, and we work with more than a dozen lenders. We have lots of financing options for first time car buyers.
No credit
Buying a new car is a great way to establish a credit score, and Go Auto can help you get credit the first time. Stop waiting and get on the road.
Low credit
Our resources allow us to accommodate most credit profiles. Even with past problems, you will still get the credit you need and the car you want.
High current loans
If you have a car loan already, and you think you're paying too much, Go Auto can buy out your loan and get you a better finance rate and lower payment.
Frequently Asked Questions
What Should I Bring to My Finance Appointment?
You should bring:
- A valid government-issued driver’s license
- Your last paystub
- A void cheque
Depending on the specifics of your purchase, you may be required to bring additional information. For a complete list of what you’ll need to buy or trade in a vehicle with Go Auto, call the dealership ahead of time and speak with a Sales Consultant.
Will I be approved for a car loan?
Four main factors determine whether you get approved for a car loan:
- The Vehicle You’re Buying: cost, age, and mileage
- Customer Information: employment history, residence, and income
- Customer Credit History: your credit score, debts, past payment history, etc.
- Down Payment: includes cash down payment and trade-in equity
For the best chance of approval, and the lowest monthly payment possible, try to select a vehicle that fits your budget. Also, provide as large of a down payment as you can.
How are my car payments calculated?
Once you’re approved for a car loan, three factors will affect your monthly payment (in order of importance):
- Amount financed
- Term or length of contract
- Annual Percentage Rate (APR)
We offer competitive rates from a variety of finance companies to fit nearly every budget and credit profile. You can learn more about your personal finance options at any Go Auto dealership.
How do I budget for car payments?
The rule of thumb from most financial institutions is to spend no more than 15% of your gross monthly income on your car payment.
For example, if you make $2,000 a month you should spend no more than $300 on your car payment.
What is my credit score?
Your credit score helps financial institutions predict the risk associated with your purchase of a car, house, credit card, etc. Essentially, it's meant to forecast how (and if) you will pay your bills.
The higher your credit score, the greater your chance of receiving a better financing offer from Go Auto.
How is my credit score calculated?
Your credit score is a number that ranges from about 350 to 850. In general, the higher the number, the more likely you are to get approved for a car loan. The systems that generate your credit score look at your credit report and take several factors into account, including:
- The timeliness of your payments, including late payments
- The amount and type of debt you have
- The number and age of your credit accounts
- Inquiries created by applying for credit
- Public records such as liens and judgments
Should I finance or lease?
Do you prefer to drive a new vehicle every few years that will always be under warranty? That's one advantage of leasing. Do you prefer to build up equity and drive one car for a long time? Then consider financing.
There are all sorts of factors to consider when choosing between financing and leasing. Luckily, we have a team of finance experts who are Happy to Help you find the best option for you. Call 780-777-7777 or any Go Auto dealership to schedule a free consultation.
Click here for a full rundown on financing vs leasing.
Can I qualify for financing on my first vehicle?
Of course. Many Go Auto customers qualify for financing on their first vehicle purchase.
If a normal credit determination cannot be made based on your current credit history, you may still qualify for other programs, like those for recent college graduates.
Stipulations for college students vary by finance company. Check with a finance professional at any of our Go Auto dealerships for more information.