How We Help

How Long Does Our Auto Loan Process Take?

The application process with Always A Way Auto Finance can take as little as one day or, in some cases, up to 2 weeks. The average time for a normal auto loan application is 3–5 days from submitting your online application to driving away in your new vehicle.

We want to make sure we find the perfect balance for an auto loan that fits your budget and a vehicle that suits your needs. We know that to enjoy your new vehicle, it must be comfortable and fit comfortably into your budget!

 

Necessary Paperwork to Prepare Ahead of Time

One of the most common hold-ups of the entire auto loan process is not having all of your paperwork properly prepared ahead of time. By taking a few minutes to make sure you have everything in order for your loan, you can save yourself a lot of time.

 

Here’s the paperwork you’ll need:

- Recent paystub (date stamped within 30 days)

- Notice of assessments (only applies if you are self employed)

- Driver’s license

- Registration of trade in vehicle (if a trade is applicable)

- Void cheque (for the account which you'll make vehicle payments)

What Are the Steps in Our Process?

1. Online Application

Start by filling out our questionnaire and provide the basic contact information so our team can gather details and connect with you. Unlike many competitors, we do not take any financial information by email or online as your security is our primary concern. 

2. Phone Call With a Team Member

Our team reviews your information and schedules a phone discussion. Together, we'll review your information and provide financial consulting based on your credit history. We also assess vehicle needs to best match your financial status. We then submit your file for pre-approval.

3. Proof of Income

We require proof of income, typically with a pay stub dated in the last 30 days. Banks require this as part of the approval process. If you are in the process of changing jobs or on Government assistance, ask one of our teams members about your options!

4. Visit One of Our Partner Dealers

It's time to finalize everything! We help you select the best vehicle within the pre-approval parameters. After reviewing the vehicle and loan approval, everything is completed and you drive off in your shiny new car. 

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