Auto Loan for Work permit holders

[Jag2020]

Hello

Can any one pls let me know which Bank provides Auto Loan for Work permit holders ?

I checked CIBC they do not offer and the Auto dealer checked with few others it seems, they also do not provide for Temporary workers ?

 

[Buletruck]

Given your status is temporary, it’s unlikely major banks will offer a loan. That leave high interest lenders, which are undesirable.

 

[canuck78]

Hello

Can any one pls let me know which Bank provides Auto Loan for Work permit holders ?

I checked CIBC they do not offer and the Auto dealer checked with few others it seems, they also do not provide for Temporary workers ?

Would suggest starting off with a second hand car if you can afford one. How much could you pay?

 

[Jag2020]

Would suggest starting off with a second hand car if you can afford one. How much could you pay?

I am getting a 2018 Camry SE for 20000$ getting my delivery on Saturday.. I am putting down of 7500...

 

[Jakev]

Hello

Can any one pls let me know which Bank provides Auto Loan for Work permit holders ?

I checked CIBC they do not offer and the Auto dealer checked with few others it seems, they also do not provide for Temporary workers ?

Buddy, contact the dealership directly- loads of students have gotten cars on Finance and it’s pretty straightforward. You may have to put some downpayment but yes it does work out.

 

[canuck78]

Buddy, contact the dealership directly- loads of students have gotten cars on Finance and it’s pretty straightforward. You may have to put some downpayment but yes it does work out.

Looks like he did.

 

[canuck78]

I am getting a 2018 Camry SE for 20000$ getting my delivery on Saturday.. I am putting down of 7500...

Congrats. Not a car expert but based on my knowledge it is a very reliable car. Would really suggest purchasing snow tires for next year if they weren’t included.

 

[Jakev]

Congrats. Not a car expert but based on my knowledge it is a very reliable car. Would really suggest purchasing snow tires for next year if they weren’t included.

and for insurance purposes should you need that discount

 

[canuck78]

and for insurance purposes should you need that discount

In some provinces winter tires are a requirement. If you’ve never driven on snow or ice it will at least provide some extra safety

 

[Jag2020]

In some provinces winter tires are a requirement. If you’ve never driven on snow or ice it will at least provide some extra safety

Thank You..

Yeah they provided with winter tires.. its kind of must here it seems.. first few weeks while driving with Rental cars i see the difference...