At Eddbarry Motors, we are here to make purchasing your vehicle as easy as possible. We work with some of the leading financing institutions to make it happen.
We currently use IA Finance and Rossi Financial, and you're welcome to apply directly with IA Finance or Rossi Financial and we can build you a purchase contract to submit to them. Alternatively, visit Adam in the office and he can process your application.
What you need to bring:
2 x Government Photograph ID Passport, Driving Licence, PR Card)
3 Months current Bank Statements showing your salary payments
3 Months pays stubs
Must be in full time employment or earning at least $2000 per month
Must be Canadian, or have a valid Work Permit, Study Permit or Government permission to live and work in Canada.
Employment History for two years. Letter from current and previous employer if current employment less than 2 years.
Details of additional income such as Uber, Skip The Dishes or other part time work
Social Insurance Number (SIN)
Your last Credit Score
Your desired payment range
The amount you can pay as a down payment
IA Finance will finance vehicles that meet the following criteria:
2015 or newer
$7500 or more financed
175000km or less
Not Rebuilt Title
Rossi Financial offer a tailored financial solution based on the individual circumstances of the applicant:
Rossi Financial will consider vehicle loans on regular cars and trucks, classic cars, import vehicles and camper vans.
If you are comfortable submitting documents, you can email them to paul@eddbarrymotors.com and we can begin the application process.
Of course, if you need further help, do not hesitate to contact us and we will do everything we can to get you approved.
Your bank may also be able to provide you with a cash loan, or a car loan. We are happy to build a vehicle purchase contract for you to take to your bank or financial institution. If you take a cash advance on a credit card, you are likely to be paying a higher interest rate.
Coastal Community Credit Union in Nanaimo will lend up to $10,000 for a vehicle. Wilfred is the gentleman to go see.
Fairstone Canada can also help with financing and they are located at Unit 20, 1100 Princess Royal Avenue, Nanaimo, BC V9S 5R5. Chris Gregoire is the manager and can be reached on 250 753 9811.
If you have any questions regarding loans and finance, please speak to a qualified professional, or visit your trusted financial institution.
The link at the bottom of the page takes you directly to the Rossi Financial application page.