Financial institution for car loan/lease?
#1
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Looking for some recommendations on any Canadian based car loan/lease financial institutions. I have always been under the impression that I could only use a dealer or, my bank for this service. I hear that there are "other options" out there? A quick Google search pulls up a few but I am hoping someone on here can provide a lead for someone they personally have used.
I am looking to purchase an '07 997TT. I find most dealership's and bank's will only offer 48mth payment terms - hoping 60mths is available. I am hopeful that a 3rd party lender can offer a 5yr loan/lease program.
Any suggestions?
I am looking to purchase an '07 997TT. I find most dealership's and bank's will only offer 48mth payment terms - hoping 60mths is available. I am hopeful that a 3rd party lender can offer a 5yr loan/lease program.
Any suggestions?
Last edited by 9LVN_TT; 06-25-2013 at 11:17 AM.
#4
Race Car
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I run a small leasing company. We cater to the sub prime market, so I doubt our services are what you're looking for, but I can tell you that there are plenty of small lenders out there. Be careful with a straight google search on car loans - many of the hits are dealerships looking to draw traffic to make sales.
TD bank does car loans, and their rates start at 5.9 last time I checked.
TD bank does car loans, and their rates start at 5.9 last time I checked.
#6
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Try Stephen Goodbody, Chief Instructor, UCR - that's the business he's in. 905-415-8248 or lsgform@idirect.com
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#8
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vs financing a new?. Still a 70-90k car so as long as the peron can afford the payments i dont see the big issue.
5 years though will be tough on an 07. Rates will be higher. Pfaff is good as stated above.
5 years though will be tough on an 07. Rates will be higher. Pfaff is good as stated above.
#9
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Just my 2 cents, do as you wish!
#10
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