Finance

Financing Programs Available

Queensway Auto World works with numerous financial Institutions willing to extend credit on all vehicles from $500 and up, a factor not considered by most used or new vehicle dealerships.

We now cater to First Time BuyersWork Visa and Student Visa finance applicants, No CreditBad Credit,Bankruptcy situations. Call to discuss your options, 250-564-2850 or long distance Toll Free 1-888-564-2850 or click here to apply online.

Advantages of Financing

Over 90% of individuals purchasing vehicles today finance almost their entire purchase price.

By Financing You:

  • Have the ability to reserve your own cash for personal investments.
  • Obtain ownership interest on your vehicle.
  • Help you to establish or rebuild or improve your credit history.

Financial FAQs

Below you will find some frequently asked questions. Click on the questions to see the answers. Click on the question again to close it. If you have a question that has not been addressed on this page, please contact us.

I have great credit, what is the benefit of me using this service?

Queensway Auto World has access to many angles that cater to all credit situations? Our prime interest rates compete with all the mainstream banks. With less income requirements and excellent variable rate programs, it makes long term sense and is more convenient to have all your purchasing needs taken care of in our Easy One Stop. Click here to book a FREE consult and see what great options are available to you, or simply Apply here

I have a bankruptcy on record, can I still get approved?

Queensway Auto World considers all applicants, even those who have just filed or are still not discharged from bankruptcy or haven’t completed a proposal.

Does it hurt my credit to check my rating too many times?

Credit Scoring agencies do have guidelines where consolidating more than one inquiry within a short period of time into one inquiry for credit scoring. Each search will show on the report. Lenders are wary of too many inquiries especially if they are spaced out over time and this will reduce your credit score. Queensway Auto World carefully assesses your credit before sending your application. We evaluate and analyze your credit and discuss the possibilities before applying to our lenders.

I have been declined before, how is this different?

Queensway Auto World has access to more finance plans than average. We have programs and Lenders for Every situation. Our aim is to get you driving! We will work with you to quickly gain the ability to get approved and establish your credit. We will make long term plans to continue improving your credit.

How can I fix my credit rating?

There are a few options available but one of the best ways to fix credit mishaps is to acquire a vehicle or RV loan. One option available would be to start on our short term loans that will work wonders to begin re-building your credit and there are many other options available. Mistakes happen, we understand this and we have the right people and connections to care enough to build a personal credit plan. It takes commitment from us and you and can work for you in improving your credit score in a way that is as comfortable as is possible for you. The plan in the short term could enable us to attract better interest rates for you.

How long does the application process take?

We have a rapid response time and our turnaround times are amongst the quickest. We aim to have an immediate response to your inquiry, especially within business hours. You will be contacted as soon as possible. Even with weekends and holidays we are on hand and will aim to turn around your application as soon as our lenders will allow us. Call 1888-564-2850 for the status of your application. We are ready!

How much can I qualify for?

It will mainly depend on your credit, but also depend on your income. Fill in our Secure Online Application to find out what you can qualify for.

What kind of vehicle can I qualify for?

It will mainly depend on your credit, but also depend on your income. Fill in our Secure Online Application to find out what you can qualify for.

What types of vehicles are available?

Queensway Auto World has access to all types of vehicles, cars, trucks, vans, suv, motorbikes, quads, ATV, UTV, our inventory can be viewed at the following link: Vehicle Inventory, updated daily we have purchasers working around the clock to find the variety we demand from our inventory. Our Vehicle Location Specialists are also geared to find any special requests. Click here to find your dream vehicle.

What if I have really bad credit?

Let Queensway Auto World see how bad it really is. We are aware of individual circumstances that can happen and how these unfortunate circumstances affect people. We have the resources to positively influence what happens from now. We will create a plan for you to focus on the positives. We are not fans of the word declined and we will turn this into approved with your help.

Is there such a thing as 100% approval?

Everyone can get approved if enough money is placed down, the vehicle is inexpensive enough and you are as committed as us to making things work. Queensway Auto World’s main aim is to get you approved on a quality vehicle that will meet your needs. We work in terms of stepping stones on a plan that meets your needs and your budget limitations. If your credit is Bad and we cannot get you approved (rare), we will tell you what you need and work with your on a short term plan to get you approved.

Do you take Trade-ins?

Yes we do. You can use your trade as a down payment or towards your requirements to satisfy any lien amount. You should find out how much you owe on your vehicle if you have an outstanding finance loan. Ask us how. Contact us now at 1-888-564-2850 or fill out our tradein form to get started.

Will a down payment be required?

This will depend on your credit situation and the vehicle selected. We try to keep any down payment at a minimum. We would advise being prepared to have $500 to $1,000 but this is not always essential.