• Preowned


150 Deerhide Crescent
Directions North York, ON M9M 2Y6

  • Sales: (416) 746-8461
  • Service: 416-746-8461
  • Parts: 416-746-8461


You are viewing all posts for categories: finance

Auto Finance Terms

You have done much research and are ready to buy your next new or used car. Do you know how much your credit will impact your buying power?

Credit reports are not only used to determine if you qualify for a car loan. The information in your report also tells lenders how much interest they should charge in the form of an annual percentage rate (APR). The APR is the total amount of interest and fees tacked onto a loan. The percentage rate is largely based on your credit score. Whereas scores in the top tiers (from 700-850) receive the…

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Should I Finance a Car or Pay Cash in 2018

There are reasons for and against financing a car or paying cash. It can seem like a smart idea to buy a car you can afford to pay cash for. It might also seem like a good idea to bolster your credit by purchasing with financing and paying it off quickly with cash in hand. The good news is: both are smart. The other news? Those aren't the only reasons to choose financing or…
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Online Financing Can Be Done From Home

If you live in Toronto, you likely own a vehicle, as major statistics indicate. Whether you do or don’t, at some point in the future, you’re even more likely to be forced to buy a new vehicle. Just like humans, vehicles wear down over time, especially when they’re not maintained, causing you to invest in a new car or truck.

Sometimes, this happens at an inopportune time. Others, you might not have enough money saved up to buy a car, even if you anticipated it. Either way, financing a vehicle is one of the best ways to…
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What to Look for when financing a car?

The time to understand financing is before you purchase a new or used car. Car financing in Toronto isn't difficult to understand as nearly all the same requirements apply wherever you are in Canada.

There are six steps to take before financing a car in Toronto, what can help you get behind the wheel of a vehicle in no time.

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You Find the Perfect Car, Our Finance Centre Will Handle the Numbers

The car shopping process can sometimes feel a little confusing. We try to make it simpler and easier for you here at Faraz Auto Sales. How do we do that for Toronto drivers? By taking care of the finance details. You concentrate on finding the perfect car, and our Finance Centre will handle the numbers.

Landing a car loan is simple when you work with our knowledgeable finance team. From great credit to bad, or even no credit, we know how to help you get a financing option that works for your budget.

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At Faraz, Bad Credit Doesn't Have to Park in Your Way

At Faraz Auto Sales we hear a lot of customers who have their eye on a wonderful vehicle in our constantly evolving inventory of pre-owned cars, but are worried about their ability to get financing. Why? Because a lack of credit or a poor credit history can often be embarrassing for car shoppers who are interested in purchasing a pre-owned vehicle. At Faraz, you can shop with confidence. That's because we work with a…

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