No Credit, Bad Credit or Bankruptcy?

Leasing and loans for financing your purchase of a pre-owned car, truck, SUV, or van have never been easier to get than right now. You can take steps right now to start rebuilding your credit. Our program pre-approves you for a lease or auto loan from your home or office -- taking the stress out of your decision! Driving is a necessity - don't let bad credit stop you! We have devised 3 easy steps to help you get on the road!

1. Fill out our quick on-line pre-approval form
2. Within 24 business hours, our Finance Manager will contact you with the results of the pre-approval. Once you qualify for a car loan, we will work with you to find the perfect vehicle for you!
3. Complete the paperwork and take delivery of your new car, truck, mini-van, or SUV!

See how easy it can be to drive a reliable vehicle and rebuild your credit!

Our Online Credit Application Centre Apply for credit on-line through our on-line credit application to get pre-approved. Browns' Chevrolet Ltd has the sales professionals to help you get the right vehicle with the right financing package. Do you want to get a fast, easy credit decision? Whether you choose to lease or buy a vehicle, with Pre-Approval Credit our credit application is short and simple. We use Secure forms for Netscape & Microsoft Internet Explorer for all of our online Credit Applications (look at the status bar of your browser to see the secure image when you proceed to the next page). This secures all of your personal information while you are on these pages. All information is kept completely secure and private. Apply for Pre-Approved Credit Now... ...through our Secure Server. Click Here Now!			Credit Rebuilding Program #1 in Loan Approvals Bankruptcies Bad Credit No Credit Repossessions Divorce Tax Problems Charge Offs 3,000+ Applications Have Been Approved!!! 1000s of choices: Cars Trucks S.U.V.'s Minivans Lease Returns Repossessions Convertibles Start Rebuilding your Credit Today!
We Deal With:
Bank of Nova Scotia Royal Bank TD Canada Trust Bank of Montreal Credit Unions VFC Wells Fargo	Travelers Acceptance Corp Carfinco Financial Lynx Primus Automotive GMAC and more...

Frequently Asked Questions (FAQs)

1. I have great credit and want a direct loan for a private purchase or to "pay cash" at a dealership.

   No problem! If you have excellent credit, you may qualify for a direct loan. Just apply now, and if approved, you could be in your new car the same day.

2. I do not have excellent credit...how can Browns' Chevrolet help me?

   Almost 80% of all adults have at least 1 black mark on their credit report. If you do not qualify for a direct loan, our national dealership network can provide you with a loan or a lease on a new or newer vehicle. We have thousands of new and pre-owned vehicles available and are experts in obtaining you the financing you deserve.

3. I need a second car with a low monthly payment. Can I find a late model car that will have a low monthly payment?

   Yes. Browns' Chevrolet has great dependable cars with finance programs that can keep your monthly payments low!

4. Is the information that I submit on www.brownschev.com secure?

   Absolutely! Our web site uses an Internet company just for Automotive Dealers called Aged Stock Dealer Services with a secure certificate from Thawte, so when you hit the submit button the information that is being transmitted is encrypted.

5. What are the interest rates for my car loan?

   Your interest rate is influenced by several factors; whether the car you want is new or used, the amount of your down payment, your credit history, and the term of your loan. Your credit specialist will explain to you the details.

6. How long does the process take?

   Most customers are contacted within 60 - 120 minutes during regular business hours.

7. My credit rating is not great. I have had some problems. Can Browns' Chevrolet help me too?

   Yes. Browns' Chevrolet and our lenders will help you work through your past problems. We are experts at arranging financing for a vehicle that you want and that fits your budget.

8. Are there any fees with Browns' Chevrolet?

   There are no fees for this service.

Facts About Credit

Overview

Vehicle loans are a part of the equation in the vast majority of new and late model used vehicle purchases. Interestingly, consumers will spend days shopping vehicle prices, yet many do not shop auto loans. Comparison shopping and pre-qualifying for an auto loan should be the first step you take when buying a car, not the last. Failure to do so can be costly, as financing is one of the most frequently missed car buying opportunities. An auto loan is a unique part of the buying equation and it requires that you focus on it as a separate issue. Reduce your monthly payment by just $16.70 and you will save $1,000 (on a 60 month auto loan).

Loan Basics

There is no great mystery to auto loans, if you purchase new or late model used vehicles, you are quite familiar with them. Nonetheless, it is important to understand the main components of an auto loan.

The five elements covered in this sub topic are the basic parts of an auto loan. Understanding them and how they relate to each other will help you to effectively shop for an auto loan.

Annual Percentage Rate (APR)

The Annual Percentage Rate (APR) is a yearly rate of interest that includes all of the fees and expenses paid to acquire the loan. federal law requires lenders to disclose the APR. The APR is essentially the ONLY rate you will need to compare one loan (of the same length) with another, because it includes all of the costs associated with acquiring the loan. This makes it very easy for anyone to compare most loans.

Down Payment

The down payment is the total amount of money that the borrower puts down towards the purchase of a vehicle at the time of purchase and origination of the loan. This does NOT include any credits for trade equity or rebates and incentives.

NOTE: The down payment is credited to reduce the final sales price of the vehicle AFTER it has been adjusted to reflect taxes, trade inequity or any other expenses. Many people forget to factor this in when developing a budget and other additions are made to it -- the principal, NOT to the final sales price.

Interest Rate

The interest rate is a part of the APR equation. Interest is the annual rate of return that the lender receives on the Principal of the loan.

Loan Term

Loan Terms can be 36, 48, 60, 72 or 84 months.

Principal

The amount of the auto loan, without the interest factored in. In other words, the amount you are financing, the amount that you WILL be paying interest on. This is arrived at in the following way.

Determine the vehicles final sales price: ADD all relevant fees (taxes, titling obligations, trade inequity, etc.) SUBTRACT amount of down payment (if applicable) SUBTRACT any trade equity (if applicable) SUBTRACT any rebates or incentives (if applicable)

The number that you reach after this process will be the principal. This process may vary slightly from province to province, based on how the final sales price is determined for provincial (vehicle) sales taxes. MOST provinces tax on the sales price prior to any reductions (the highest amount). SOME provinces will allow the final sales price to be reduced by equity of the trade to PRIOR to determining the (vehicle) sales tax.