Your first vehicle in Canada, financed in Laval
Just arrived in Canada and no credit history here yet? That is normal, and it is not a refusal. Several lenders have programs for newcomers. Our team explains the steps in French, English or Spanish.
Why it is different for a newcomer
Canadian lenders rely on your file in Canada. With no history, they look instead at your job, your income, your status in the country and your down payment. A first auto loan paid back on time is often the start of your Canadian credit.
Our tips to get approved
- Plan a down payment: it lowers the lender’s risk and your payments.
- Choose a reliable, reasonably priced vehicle for a first loan.
- Ask your bank for a secured credit card to build your file in parallel.
Just arrived in Laval, Montreal or the North Shore?
Many newcomers settle in Laval, Montreal or the neighbouring towns. Auto Shelby is at 4455 Blvd. Saint-Martin O, Laval, QC H7T 1C6, Canada, near Highway 15, with free parking. In Quebec, also think about registration with the SAAQ and about winter tires, mandatory from December 1 to March 15: our team explains the steps of a first purchase. We are open 7 days: Monday to Friday 9 AM to 9 PM, Saturday 9 AM to 5 PM and Sunday 10 AM to 5 PM.
Directions to Auto Shelby (Google Maps)
Steps of a first financing in Canada
- Fill in the online financing application or call 450-736-1273.
- An advisor calls you back to understand your job, your income and your status in the country.
- The advisor submits your file to lenders that have programs for newcomers.
- You choose a vehicle within the approved amount and take a test drive.
- You sign, settle the registration and insurance, then drive away.
Frequently asked questions
Can I be financed without a Canadian credit history?
Yes, several lenders finance newcomers based on their job, income and status. Approval depends on the lender.
Is my foreign driver’s licence valid?
It depends on your country of origin and the length of your stay. Check the SAAQ rules before you buy.