East Coast Financing
East Coast Financing is one of the best auto-financing companies serving Atlantic Canada. Whether you’re looking for a vehicle to fit within a reasonable budget or searching for the car of your dreams, there’s something for everyone! From bad- and no-credit Nova Scotia car loans to financing for recreational vehicles, we have a wide range of car loans to offer. And our services aren’t just limited to financing on-road vehicles; we sell and finance ATVs, jet skis, boats, and even Sea-Doos. Our auto inventory includes thousands of vehicles. We have cars, trucks, and even top-of-the-line luxury brands—there’s truly something for everyone. We accept all trade-ins irrespective of model or condition, and we offer affordable bi-weekly or monthly payment options. At East Coast Financing, customer service is our top priority. If you’re looking for car loans in New Brunswick or Prince Edward Island, our bilingual staff is standing by and ready to help you! We promise fast approvals and assistance with any credit situation. For more information about Nova Scotia car loans, visit
Auto Loans In Nova Scotia. Easy-To-Use Auto Loan Calculator. How to Qualify for Car Financing with Bad Credit in Nova Scotia. Everything You Need to Know About Buying a Used Car in Halifax, Nova Scotia. With the Covid-19 pandemic forcing everyone to practice social distancing, many people have avoided public transportation and used their cars to get around.
As a result, the demand for used cars has increased significantly. Used cars are cheaper, and the cost depreciation is lower than when purchasing a new vehicle. Canada’s Housing Forecasts for 2021: They’re All Over the Map. Anyone who knows something about market forecasts will tell you that they’re never completely accurate.
But that doesn’t stop analysts from making predictions. Neither does it stop us from paying attention to their analysis. For example, the Canada Mortgage and Housing Corporation forecasted in May that the country’s housing market could fall anywhere from 9% to 18% in 2020 and the first half of 2021. But nationwide sales jumped by 6.2% in August last year. It was a straight four-month gain since the markets froze during the height of the COVID restrictions. Housing market forecasts can go either way as there are so many outside factors that impact it. Here’s the general summary of the different predictions for the housing market in 2021. The Yea-sayers The Canadian Real Estate Association (CREA) CREA predicted a healthy year-end for the housing market in 2020 and forecasted an 11.1% increase in national sales from 2019 levels. RE/MAX Canada Royal LePage The Naysayers Royal Bank of Canada. How to Repair My Bad Credit with a Car Loan.
Is your bad credit a hindrance to buying your dream car?
You can get a car loan in less than four hours in Canada despite your bad credit. Plus, you can improve your credit score with this car loan. Should You Pay Cash or Use Financing Options to Buy a Car in Canada? Buying a car is a big financial decision.
You can buy a car by paying in cash or use financing options, such as car loans, to get your dream car. While both the methods can get you a vehicle, you may be wondering what the best option would be. Let’s analyze both in detail and weigh their advantages and disadvantages. Know Your Monthly Payments. East Coast Financing’s car finance calculator is an easy-to-use tool that gives need-to-know answers about auto loan financing and interest.
Input your personal information, preferences regarding vehicle price, interest rate, duration of payment, and down payment, and receive an immediate answer from our vehicle loan calculator so that you can make a more educated decision about getting a new car. Unlike other car loan interest calculators and auto loan interest calculators, our tool creates information personal to your situation. Our goal is to provide clients with answers that actually inform them, rather than deceive or confuse them. Try out our car finance calculator now and see for yourself how it works.
If you have any questions, reach out to one of our team members by phone or email and we’ll get back to you immediately. 4 Reasons Why Homeowners Prefer Mortgage Refinancing. The last time I checked, the mortgage refinance rate was at 2.84% on 30-year fixed loans.
Not long ago, the mortgage refinancing rate was at around 3.71% for the same duration. With interest rates historically low, it is an excellent time to refinance your mortgage. How to Improve Your Credit Score in Canada. A credit score represents your financial health and management.
It is implied that the better your credit score, the better you are at managing your finances. A credit score is a deciding factor for lenders when you want a vehicle loan. Credit scores range from 300 to 900, with 740 and above considered to be favourable. If your score is less than 574, you will be viewed as a high-risk borrower. Unforeseen circumstances such as losing a job, a divorce, or a medical emergency can affect your credit rating. A report by the Federal Trade Commission states that one in five credit reports could be erroneous. Pay Your Bills on Time. What to Consider When Buying Your First Car. Next to buying a house, a car is usually the second largest investment people make.
It is a big decision, and there can be a lot to consider when deciding which vehicle will suit your needs and budget. Here are a few things to help you come to the right decision. Determine Your Needs and Wants Prepare a list of needs such as fuel mileage, mechanical specifications, engine performance, and seating capacity. Then, consider your wants like an upgraded sound system, a navigation system, cruise control, outlets for cell phone charging, a sunroof, and other features based on your budget.
Use Our Car Loan Calculator to Know Your Monthly Instalments. Get Your Monthly Car Loan Payment. Here Is Your Guide to Getting Your First Car in Canada. Owning a car in Canada is necessary for many as the public transport outside the larger cities is limited.
If you have recently moved to Canada or have never owned a car, purchasing a vehicle can be a nerve-wracking process, especially if you require financing. How to Improve Your Chances of Getting a Car Loan Approved. Not everyone who applies for an auto loan in Canada gets approved.
The denial of a car loan can be disappointing, especially when you are determined to buy your dream car. There could be several reasons for a car loan rejection, such as a low credit score, incorrect information on your credit report, not having enough of the proper documents, and not meeting the minimum income requirement. Whatever the reason, it’s not the end of the road. Auto Loan Calculator. Why Are Used Cars a Good Investment? The pre-owned or used car market in Canada is strong. In 2019, the retail sales of used car dealers accounted for around $12.34 billion, and sales have more than doubled since 2012 when it was about $6 billion. Why Are Used Vehicles in Demand Now More Than Ever? Canada’s used car industry is one of the lucky industries to have escaped most of the pandemic’s effects. A survey by Desrosiers Automotive Consultants found that sales for used cars have jumped by 40%.
Used car dealers have reported a shortage of used vehicles, pushing the prices higher. The survey found that nearly 70% of dealers have reported an increase in used cars’ prices. Auto Loan Calculator in Canada. Auto Loan Calculator in Canada. Renting Versus Buying a Car. Getting around in Canada, especially in Nova Scotia, is not easy without a car. Should You Buy or Rent a Car in Nova Scotia? Because of the new social distancing norms, thousands of office workers have changed how they get to and from work to avoid public transportation. Some have chosen to by a new vehicle, while others have found renting equally feasible. But is it better to buy or rent a car? How and When to Use a Car Loan Calculator in Canada. Traveling in and around Nova Scotia without a car may not be impossible, but it certainly isn’t easy. Renting one is one option, but not financially viable if you need to make regular trips.
Should You Buy a Car During COVID-19? 2020 has been a crazy year. The Covid-19 virus has changed our priorities and altered worldview drastically. We’ve learned that it is possible to stay apart and yet stay close. Auto Finance Calculator. Everything You Wanted to Know About Getting a Nova Scotia Auto Loan. Auto Finance Calculator. Auto Finance Calculator. When to Buy a Used Car Versus New Car.
While planning to buy a car, it’s not uncommon for people to be overwhelmed by the number of car models and auto financing options available on the market. You may also be confused about choosing from an old car or buying a brand-new vehicle. What Is the Most Profitable Way to Get Rid of a Junk Car?
Your beloved first car has been retired and is now occupying your limited garage space. If you are debating exchanging it for a new vehicle, offloading it at a junkyard, or getting some quick cash from a dealership, weigh your all options carefully before making a decision. What Is the Most Profitable Way to Get Rid of a Junk Car? How Can Non-Residents Get Car Loans in Canada? As certain parts of Canada have limited public transport, an immigrant without a car may find it difficult to move around for work and other activities. An immigrant would have to fulfill specific documentation and legal formalities before being able to apply for auto financing. Let’s look at what you would need to begin this process.
How Much Can I Get for My Junk Car in 2020? If you have an unusable old car that’s just taking up space, it is better to sell it. How to Get the Best Deal for Your Used Car. How to Get a Car Loan with a Bad Credit Score. Shoppers with bad credit histories often struggle to find affordable auto financing. Is Dealership Financing Better than a Bank Loan? How to Secure the Best Interest Rate on a Car Loan. What Should You Know Before Applying for a Used Car Loan? Nova Scotia Auto Finance. How to Get the Best Value for Your Junk Car. Auto Finance Calculator. Nova Scotia Auto Financing. Nova Scotia Car Loans. Three Tips to Build Credit if You’re New to Canada. Four Things You Must Know about Your Credit Score. New to Canada? Here’s Some Info About Your Auto Financing Options. What Should You Do If You Need a Bad-Credit Car Loan. New Brunswick Car Loans.