Get financing in simple steps
If you need a car but don’t have the money to pay for it in cash, there are options available to you: financing or leasing.
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Financing your RAM, Dodge, Chrysler, or Jeep is simple and easy!
Get pre-approved online
Use our online calculator to find the best option for your lifestyle and budget.
Pick your payment
Your credit score will have an impact on your interest rate. Check your status with no impact on your score! We offer financing options for all credit situations.
What’s my credit score?
We’ve partnered with Equifax to empower you to find out your credit score and assist with your vehicle financing needs.
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Benefits of Aurora Dodge financing
At our dealership, we offer flexible payment options to help you purchase your vehicle on your own terms. Whether you prefer to borrow, lease, or pay in cash with a certified cheque or bank draft, we have options to suit your needs. Our team will work with you to find the right monthly payments that fit your budget and financial situation.
First-time buyer
At Aurora Dodge, we understand that some car buyers, including young people, may not have a credit history, downpayment, or vehicle to trade in. We work with Canada's major banks and offer flexible financing and leasing options to help you get the vehicle you need. Our team of experienced finance professionals can help you explore your options and find a solution that works for your unique situation. Whether you're a first-time buyer or have less-than-perfect credit, we are here to help you get behind the wheel of the vehicle you want.
Bad or no credit
No credit? Bad credit? Bankruptcy? No problem! At our dealership, we have financing solutions that cater to all kinds of credit situations. Our financing specialists are trained to work with a variety of lenders and can help you secure an affordable financing or leasing option that suits your budget. Don't let past financial difficulties hold you back from getting the vehicle you need. Contact us today to explore your financing options.
Newcomers to Canada
Moving to a new country can be exciting, but it can also come with its challenges. If you're new to Canada, you may not have an established credit history, which can make it difficult to obtain financing for a vehicle. However, at our dealership, we understand these challenges and are committed to helping you get behind the wheel of your first car in Canada. We have financing options available that don't require a credit history, so even if you're new to the country, we can still qualify you for a loan. Let us help you start building your credit history while you enjoy the freedom and convenience of having your own vehicle.
High rate on an existing loan
If you currently have a car loan and believe that you're paying too much, we can assist you. Our parent company, Go Auto, has the ability to purchase your existing loan, and provide you with a lower payment and a better finance rate. This can save you money in the long run and make your monthly payments more affordable. Contact us to learn more about how we can help you refinance your car loan.
Extensive range
of lenders
Our list of lenders includes:
Bank of Montreal, CIBC, Sci Lease Corp, National Bank, RBC, ScotiaBank, Scotia Dealer Advantage, TD Trust
Employment & income
Typically, you need to be at your current job for three or more months and make at least $1,800/month. Other forms of income (certain types of government assistance) may also be accepted.
Down payment
Although a down payment isn’t always necessary, it will often help. The less you have to finance, the more likely the lender will be to approve your car loan.
Driver’s license
It is necessary to have a valid driver’s license and be the age of majority in the province that you live in.
Current address
To complete your loan documents, you must provide the lender with your current address details, including your monthly rent or mortgage payment.
Bank account
Lenders want to be able to take the payment out of your bank account each month. The easiest way to do this is to get a void cheque or stamped pre-authorized payment form.
Contact details
You will be required to provide your full name, date of birth, phone number and email address to apply for a car loan.
Meet the
Go Auto App
Download the Go Auto App to start earning Go Card rewards today!
- Save 10% on service, get 5% back in rewards, and earn $500 in referral rewards
- Book service appointments with ease
- View your entire service history, with videos, in one place
- Pay for your service with just a few clicks
- And more
Paying off your loan early
Most banks let you pay off what you owe after some time has passed, and for most banks, that time is six months. Ask your bank or us how if this is possible.
Changes to payments
Almost all lenders let customers make lump-sum payments or increase their regular payments. Contact us or your lender for details.
Extending a loan term
Once your loan is in place, most lenders won’t extend the financial agreement. Check with Aurora Dodge’s finance specialists or your lender to find out if an extension is possible.
Car loan insurance
We all know about car insurance, but did you know you can insure your car loan, too? How would you make your regular payments if you lost your job or became ill? Insurance can protect you. Ask Aurora Dodge about this kind of insurance.
Affordable financing
If you have a low income, we have a solution for your auto needs! Earning $1,800 a month or more can mean you can borrow for a car.
Switching a loan to another vehicle
Want to change vehicles but have a car loan? We can help. We’ll help you select your next car, pay off what you owe, and add any outstanding amount to your new agreement.
Getting a Aurora Dodge car loan and managing it
What should I bring to my first finance appointment?
You should bring the documents noted section. They include proof of income in the form of a payslip, a stamped pre-authorized payment form or a void cheque, or stamped pre-authorized payment form, contact, and your valid driver’s license.
Will I be approved?
Virtually everyone who applies for financing receives approval. Even those with a history of bankruptcy or a poor credit score can secure approval. We cater to customers from diverse financial backgrounds and collaborate with them to facilitate financing or lease agreements.
How are my car payments calculated?
Several factors contribute to determining your vehicle payments. These factors encompass your credit history, the size of your down payment, the price of the vehicle, and your income. We can delve deeper into these aspects during your scheduled meeting with our Finance team.
How do I budget for car payments?
Many financial advisors suggest that your loan repayments should ideally constitute around 15% of your monthly gross income. We're here to assist you in examining your budget as well. Additionally, you can utilize our car payment calculator to explore various scenarios with different numbers.
What is my credit score?
Your credit score, a number ranging from 300 to 850, serves as a risk indicator for lenders, with the higher end signifying excellent creditworthiness. It provides lenders an insight into your financial risk level and the likelihood of you making timely payments.
How is my credit score calculated?
Your credit rating is determined by how you handle your finances. Key contributors to a good credit score include punctual bill payments without any misses, and maintaining accounts in good standing.
Should I finance or lease?
Both financing and leasing offer their unique advantages and disadvantages, and your choice should align with your lifestyle and future aspirations. If you prefer a vehicle with a warranty and can adhere to a limit on annual mileage, leasing might be an appealing option. On the other hand, financing could be suitable if you are comfortable with your vehicle eventually being out of warranty and have a goal of owning the vehicle outright. We're here to assist you in making this decision.
Can I qualify for financing on my first vehicle?
Yes, financing is definitely possible for your first vehicle. We have many options and lots of financial institutions to consider. Contact Aurora Dodge for more information. Call us at 604 273-8018 to arrange your finance appointment for your first vehicle.
Can I finance a vehicle through Aurora Dodge?
Definitely. Aurora Dodge works with Canada's major banks and lenders. Go Auto, our parent company, can offer auto loans through its company Yes Financial.
Does Dodge offer 84-month financing?
Longer-term financing such as 84 months is an option!
Does Mopar offer financing?
No, Mopar doesn't provide financing. It is Chrysler Canada which provides vehicle financing. Mopar Canada is the location for ordering parts, downloading owners’ manuals, parts, or purchasing a Mopar protection plan.
