OUR TERMS

• Ontario residents only, in exclusion of native reservists, who are not governed under Ontario’s standard rules and regulations.
• Minimum salary of $1700/month.
• Welfare not accepted as main source of income.
• Employment term minimum of 3 months. 2 recent pay stubs or 3 monthly bank statements required.
• Baby Bonus income accepted.
• Limited or no credit history accepted.
• Claimed or claiming bankruptcy accepted.
• Past repayment issues accepted.
• New Canadian Residents accepted.
• Warranty required (provided by National).
• Luxury vehicles may be subject to additional warranty premium.
• Full coverage insurance required (OPCF5) endorsement required. Max $500 deductible. Down payment must be received before delivery
• Payment assurance device required (Tier 1 may be exempt.) No cost to applicant
• Maximum term of 48 months
• Maximum mileage 140,000 km
• Maximum vehicle age of 8 years
• No salvage, rebuild, or accidents greater than $5,999
• Maximum advance of $25,000
• License fee not permitted to be financed
• Maximum LTV advance: up to 140% of Black Book wholesale value
• Courier, taxi, commercial use vehicles subject to credit approval. Max term 36 months
• Minimum G2 driver’s license required
• Administrative fee of $1,199 to be applied