Disclaimers

Car Loan Approvals

What do I need to qualify for an Auto loan?

  • The customer must be employed for a minimum of 3 months and must be taxed at the source
  • Customer must be able to obtain full coverage automobile insurance
  • Guaranteed credit approval may not be the vehicle of the customer's choice.
  • Customers may be required to put money down or to cover negative equity on trades
  • The customer must have an active bank account
  • Minimum income of $2000 per month
Complete the Full Credit Application
Apply For Financing

WE WORK WITH ALL TYPES OF CREDIT!

Want to know more or ready to go to the next step?

We appreciate that having "perfect" credit is not always attainable.  It may be difficult to find a car loan in Nanaimo with a bank if you have bad credit.  Finance companies in British Columbia often reject car loan applications because of this. Bad credit scores give banks an indication of money habits, generating an impression of what may be high-risk items to be lent to the consumer, which often determines the difficulty of obtaining a car loan with bad credit.  Many very good consumers experience credit setbacks.

At Nanaimo Mitsubishi, we have a dedicated department to assist with all of your car loan needs.  We have lenders that can approve you, no matter your credit history.  So if you’ve had a repo, bankruptcy, judgement, small claim, student loan debt, garnishment, foreclosure, a new immigrant to Canada, or a short sale, Nanaimo Mitsubishi will work with lenders to get you approved.  Get your credit history restarted and built back for the better. Above all, you will be in a better situation down the road “on your life journey”.

We will work our hardest to get you behind the wheel of the car you deserve, one that provides you with safety and comfort.