First Auto Financing specializes in assisting clients who may have had some credit issues in the past, such as bankruptcy, repossession, collections, or late payments, obtain credit for car, van, and truck loans when conventional lenders are not able to help. We recognize that sometimes bad things happen to good people and often times the credit difficulties have been beyond your control.
We have helped hundreds of people who have had poor credit due to leaky condos, illness in the family, lost jobs, and failed businesses to obtain credit for transportation, when other lenders have turned them down.
First Auto Financing is not a bank. We are a broker, much the same as a mortgage broker, except we specialize in auto loans. Since 35% of Canada's population and 45% of the United State's population is in what is know as 'non-prime credit' we have seen lenders position themselves to accommodate these clients who don't fall into a conventional lender's criteria. These lenders compete for your business. First Auto Financing shops your credit application among these lenders to find you the best deal available.
We are not able to help everybody, but we do have a high rate of success!
Once we have a Conditional Approval and verification of your income (usually paystubs) we will access our Licenced Dealer Network (over four million dollars in inventory) to find the absolute best car that fits within the approval from the lender and your needs and desires.
We then take several digital photo's of the car from all angles, including interior shots (what we call a virtual walk around) and email those to you along with a complete description, levels of equipment, the cars history, warranty information, price and of course your monthly payment.
Once you have made your selection, your car will be purchased through our Licenced Dealer Network using the funds First Auto Financing has arranged for you.
Based on this information, we find our clients are able to make an informed decision as to whether this car will suit their needs.
We also provide a delivery service at no additional charge. We will deliver your vehicle from our Dealer's lot to your home, or alternatively we will pay for your transportation to Victoria to pick up your car. Many of our clients make a mini holiday out of coming to Victoria, picking up their car, seeing the sights and enjoy a leisurely drive home.