First time buyer? We have your back!
So it's your first time buying or leasing a car huh? A little nervous? With all the rumors and horror stories out there, how could you not! Direct2Wheels is here to set the record straight and tell you that YES, you can get into a nice vehicle as First Time Buyer.
Unlike what you might have heard, your first car doesn't HAVE to be a motorized trash can. You read that right! It can be a nice one. Of course, there are some boxes you have to check: a loonie, two quarters and your best smile just won't cut it.
To make that first car dream a reality, you will need:
- A full time job. We want to make sure you have a steady income that will allow you to make the monthly payments.
- At least 5% down. That proves that you prepared for that vehicle and that you can save money. It shows you're responsible and didn't just wake up that morning and decided that a car would be nice without looking at the financial side of things.
- At least a phone bill or credit card in your name. With this, we can have a little background on your credit history/score and see that you can make payments on time.
If you have all of these, you have all the qualities of an ideal first time buyer! A car loan is one of the best ways to build or rebuild your credit. Trust people who have your best interest at heart, trust Direct2Wheels!