Car Loans in London, Ontario
Bad Credit?
No Credit?
You're Approved.*
No Credit?
You're Approved.*
We work with lenders for every credit situation.
Apply online in a few minutes and see what you qualify for.
All credit situations welcome in London and across Ontario.
Fast & EasyQuick approval process
All Credit TypesGood, bad, or no credit
Drive TodayGet behind the wheel sooner
Apply In Minutes
No impact to your credit score to get started!
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We Finance All Credit Types
Good Credit
700+
New to Credit
No History
Fair Credit
550 – 669
Bad Credit
Below 550
Bankruptcy
We Can Help
Consumer Proposal
We Can Help
Self-Employed
We Can Help
*In some cases, a down payment may be required. All applications begin with a zero-down scenario — our finance specialists work to get you approved with no money down whenever possible. Terms and rates vary based on credit approval.
How Our Financing Process Works
1
Apply Online
Fill out our secure online application in just a few minutes.
2
Get Approved
Our lenders review your application and get you pre-approved fast.
3
Choose Vehicle
Pick the perfect vehicle from our quality pre-owned selection.
4
Drive Away
Sign your documents and drive away with confidence!
Financing for Every Situation
Pick the path that fits. Every situation has lenders who say yes.
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Bad Credit
Low credit score? Lenders that say yes when others say no.
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After Bankruptcy
Discharged bankruptcy is workable. Rebuild credit on a car loan.
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Consumer Proposal
Approved during or after your proposal. Responsible debt counts.
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First-Time Buyer
Buying your first car? No credit history? We've got programs.
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New to Canada
Newcomer programs for permanent residents, work permits, study permits.
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Self-Employed
Bank statement programs for business owners and gig workers.
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Lease Return
Lease ending soon? Know your real options before signing anything.
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Trade-In Value
Honest market-based trade-in values. Even with a loan owing.
Financing Questions Answered
How much of a down payment do I need?+
Many buyers at Car Guy Dealer get approved with no money down. Every application starts from a zero-down scenario and the finance team works to keep your out-of-pocket as low as possible — the exact amount depends on the vehicle, your credit and the lender. Apply at demo.thecarguy.ca to see your number, with no impact to your credit to start. apply for financing →
How long does getting approved take?+
Most applications get an answer the same day, often within a few hours. Apply online at demo.thecarguy.ca before you visit Car Guy Dealer in London and you can arrive already approved. apply for financing →
Can I get financed after a bankruptcy or consumer proposal?+
Yes. Car Guy Dealer works with lenders who approve after a discharged bankruptcy or during an active consumer proposal. All credit situations are welcome, including new to Canada and self-employed. Apply at demo.thecarguy.ca for a same-day answer. apply for financing →
Will applying affect my credit score?+
No. The initial pre-approval at demo.thecarguy.ca does not affect your credit score. A formal credit check only happens once you choose a specific vehicle and financing offer, and Car Guy Dealer always tells you before that step. apply for financing →
How much do your used vehicles cost near London?+
Current stock runs from $18,995 to $42,995, depending on year, make, model and kilometres. There are 2 vehicles under $20,000 right now. Financing is available for all credit situations.
What bi-weekly payments should I expect?+
Bi-weekly payments on current stock run roughly $154 to $348, depending on the vehicle and your credit — calculated at 7.99% over 72 months, $0 down as a representative example (the same terms shown on every vehicle; your rate depends on your credit). Get your exact number with a quick pre-approval at demo.thecarguy.ca. try the car loan calculator →
Can I get financing near London with bad credit?+
Yes. Car Guy Dealer arranges financing for all credit situations — bad credit, bankruptcy, consumer proposal, and new to Canada. Apply at demo.thecarguy.ca for a same-day answer. apply for financing →
How does the trade-in tax saving work in Ontario?+
In Ontario, when you trade in, you only pay HST (13%) on the difference between the new vehicle's price and your trade-in value — a real saving versus selling privately. Car Guy Dealer accepts all trade-ins with market-based appraisals. get a trade-in appraisal →
What documents do I need to buy a used car in Ontario?+
You'll need a valid Ontario driver's licence, proof of insurance, and banking information for financing. If you're trading in, bring the ownership. For a financing application, recent proof of income speeds things up. Bring those to Car Guy Dealer at 3833 Auckland Ave in London, or call 519-555-5555 and we'll confirm exactly what applies to your situation before you come in. contact us →
Is it better to buy from a dealer or a private seller?+
A registered dealer like Car Guy Dealer gives you protections a private sale can't: disclosed vehicle history, safety certification, financing, trade-in, and recourse if something goes wrong. Private sales can be cheaper up front but carry the risk. With 22 vehicles in stock, Car Guy Dealer offers the selection and track record a private seller can't match.
