Finance Department

Ford Car Financing in Port Coquitlam

Selecting and test driving your new vehicle is the fun part, but discussing financing is the part of buying a new car that most people dread. But don’t worry! At Metro Ford, we make this as simple and as intuitive as possible.

Our team of financial agents will help get to know you and your needs, so as to help you find the best auto leasing and low-percent Ford financing options for you as possible.

Low Credit, No Credit? No Problem!

Like ordering without a menu at a restaurant we have never dined at before, we often aren’t aware of what our options are until we are told by an expert. (Or what we can afford!) No matter what your credit situation is, the finance team at Metro Ford has the solution that you have been looking for.

Applying for Credit Is Easy!

Click on one of our credit application links to get started. It takes only a few minutes to fill out our online credit application and all of the information is completely confidential and secure.  One of our finance specialists will contact you for the next step. Jump-start your way to securing and rebuilding your credit!

If you have any questions, we’d love to hear from you! Our team has worked with people all over BC (Coquitlam, Maple Ridge, Port Moody, Pitt Meadows, Burnaby, and more), with all types of credit, in all types of situations.

Credit Basics

Setting Up Your Credit

When you’re new to borrowing, banks and lenders consider you to be a risk. You need to create a history of paying off loans on time and soon you’ll be eligible to obtain better financing and interest terms and rates. How can you establish credit early on?

Open an account at a local bank
Sign up for a credit card (but make sure you don’t go nuts here)

Once you have an initial credit score, it’s important to build and nurture that credit rating.  What are some of the best ways to build up and maintain a favourable credit score?

  • Don’t surpass your credit limit
  • Pay what you owe on time
  • Pay as much back as you can at the due date, at least the minimum monthly amount
  • Keep your creditors up to date if you change addresses
  • Avoid or delay unnecessary impulse spending to reduce risk
  • Negotiate an alternative solution with your creditors should you not be able to repay on time
  • Don’t request a credit check too often (this can appear as a red flag for some agencies)

Understanding Credit Reports

Lenders look at your credit report to assess risk. This detailed history of your past lending transactions affects what financing rates and terms you can get because it gives lenders an indication of whether you’ll be able to pay back your loan on time.

Your risk level is summarized on your credit score, which can be made up of several factors, including:

  • Payment history
  • Type of credit
  • Amount of debt
  • Length of credit
  • New debt

If you have a poor credit rating, it’s not the end of the world. Start rebuilding credit by re-paying your debts consistently and on time, and eventually your credit score will recover with most financial institutions.

How Do You Rebuild Bad Credit?

So, you have bad credit. It’s not the end of the world. While some dealers, banks, and lending institutions might make you feel like you have a criminal record when you bring up your bad credit score, you’ll find a helpful and supportive team at Metro Ford in Port Coquitlam, British Columbia.

We’re here to help you rebuild your credit fast, and without a huge hassle while you drive a car that you love. So, how do you get started? Learning how to rebuild your credit isn’t as hard as you think.

The first step to rebuilding your credit is finding a vehicle that will work for your budget, and with a monthly payment that you can afford. Metro Ford has a large selection of vehicles for you to choose from in our inventory, and we can help you find something that meets your budget criteria.

Meet With a Metro Ford Finance Professional

Let us get to work for you! Apply for credit approval online and one of our finance professionals will contact you to arrange an appointment. We’ll help you find a car loan that you can afford, even if you have bad credit.

As long as you have a steady income, and meet some other basic requirements, we can likely get you approved right away. We work with top local lenders in order to provide our customers with a number of solutions for bad credit financing.

Our Port Coquitlam Ford Dealership is just a short drive away from Maple Ridge, Pitt Meadows, Port Moody, Burnaby, and Surrey, British Columbia. Drop-in today and start rebuilding your credit while you drive!

Subprime Car Financing Options

Do you need a vehicle but have less than stellar credit? Are you leasing or financing a car, but you need to get out of the contract?

No matter what you’re facing, we can help!

Why do we offer sub-prime lending? We know at Metro Ford that the easiest way for you to repair and rebuild your credit rating is to make regular monthly payments on a loan for up to six years. This demonstrates that you are a reliable and less risky debtor. This is about the length of time with good behaviour you need before past infractions are dropped by other lending agencies, restoring your credit rating to a more favourable score.

The mark of a smart and sensible lender is time. Metro Ford has been finding the best lending solutions for our customers for over 50 years now. We want you to be able to have the best car or truck available to you, but we also don’t want to send you home with a heavy ball and chain of a contract weighing you down. Through our history and high-volume transactions with many of the area’s most trusted lending institutions, we are able to keep those rates as affordable as possible.

Our financing process is both quick and easy. Through our sub-prime car financing options, we can help you to get out of an over-daunting car lease and into something a bit more manageable.

So regardless of bruised credit, bad credit, no credit, or bankruptcy – we can help anyone, anywhere. In fact, in the time it took to read this page you could have already filled out our credit application and be on your way to approval in Port Coquitlam, Maple Ridge, Port Moody, Pitt Meadows, or Burnaby, BC.

Fill out our sub-prime financing application form today and be on your way to a better vehicle and a better life!

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