Welcome to Tony Graham AutoEdge.

Your trusted partner in low-credit loans. We Delivery the Car to Your Doorstep, Ontario-Wide. 

Subprime Financing: Designed with You in Mind

Subprime financing isn’t just for those with low credit scores—it’s also a great solution for:

  • Newcomers to Canada: If you’ve recently arrived and don’t have an established credit history, we can help you get the car you need to settle into your new life.
  • Students: Need a car to commute to work or explore the city? Subprime loans can make it easy to secure a vehicle, even if you’re still building your financial profile.
  • Low Credit Score due to life events: Many life events not in our control can affect the credit score. You still need a vehicle. Subprime financing can help you get moving as you work on rebuilding your credit score.


Why Choose Us?

  • Door Delivery: We understand that it is not easy to come to us when you don't have transport. We will deliver the vehicle to you within Ontario
  • Flexible Options: We work with multiple lenders to find the best terms for your unique situation.
  • Tailored Solutions: No credit? Low credit? No problem! We’ll customize a plan that works for you.
  • Credit-Building Opportunity: Making on-time payments on your loan can improve your credit score, opening doors to better financial opportunities in the future.
  • Part of the Tony Graham Automotive Group: The Tony Graham Automotive Group began as a humble business on the corner of Woodroffe and Baseline 55 years ago. With the unwavering support of our community, we have grown to include four dealerships, a leasing company and a Collision Center. 

ABOUT TONY GRAHAM AUTOEDGE

As a proud member of the Tony Graham Automotive Group, we offer specialized subprime financing options tailored for individuals with diverse credit backgrounds, including recent immigrants, students, low-income families, and those with low credit scores.  Call us at 613-380-3343 or fill this form 

At Tony Graham AutoEdge, we understand that life can present financial challenges, and we're committed to helping you get back on the road

Our dedicated team collaborates with a robust network of lenders who specialize in assisting clients with varying credit histories. This ensures that you not only secure an auto loan but also find one tailored to your unique financial situation. Our mission is to empower you to drive the perfect vehicle within your budget.

In addition to our financing solutions, we offer a comprehensive selection of quality pre-owned vehicles. Each vehicle undergoes thorough inspections to guarantee reliability and performance, providing you with peace of mind in your purchase.

At Tony Graham AutoEdge, we prioritize integrity and customer satisfaction. Our goal is to make your car-buying experience as seamless and stress-free as possible, regardless of your credit history. We invite you to visit our dealership in Ottawa to explore our inventory and discuss financing options tailored to your needs.

Frequently Asked Questions

1. What is subprime financing, and how does it differ from traditional financing?

Subprime financing is designed for individuals who may not qualify for traditional loans due to lower credit scores, limited credit history, or financial challenges. Unlike traditional financing, which typically requires a high credit score, subprime loans are more flexible but often come with higher interest rates to offset the increased risk to lenders. This type of financing makes it possible for individuals to secure a loan, such as for a car, when traditional lenders might decline them.

2. Am I eligible for subprime financing, and how do lenders decide?

Eligibility for subprime financing is primarily based on factors such as your credit score, income, debt-to-income ratio, and overall financial stability. Lenders typically look for a willingness and ability to make payments despite a lower credit score. If your credit score is below 660 (a common benchmark), subprime options might be offered to you. Providing proof of stable income and a history of paying bills on time can improve your chances of qualifying.

3. What are the potential advantages and disadvantages of subprime financing?

Advantages:

  • Access to funding: Subprime financing enables individuals with credit challenges to secure loans when traditional options aren't available.
  • Building credit: Making on-time payments on a subprime loan can help improve your credit score over time.
  • Flexibility: Subprime loans often come with terms tailored to meet individual needs.

Disadvantages:

  • Higher interest rates: Subprime loans typically have higher rates, which means you pay more over the life of the loan.
  • Longer loan terms: To reduce monthly payments, the loan term may be extended, potentially increasing the total cost.
  • Fees: Subprime loans may include additional fees, such as origination fees or penalties for late payments. We can discuss this in detail 

4. How does subprime financing impact my bottom line, and can it help improve my credit score?

Impact on your bottom line:
Subprime financing can mean higher monthly payments and a greater overall cost compared to traditional loans, due to elevated interest rates. However, it can still be affordable if budgeted carefully, and it provides an opportunity to access a vehicle or other essential needs.

Improving your credit score:
If you make consistent, on-time payments, your credit score can improve, making it easier to qualify for better loan terms in the future. Subprime financing acts as a stepping stone for rebuilding or establishing credit, as long as you manage the loan responsibly.

Don’t Let Credit Hold You Back

Start building your credit or take the first step towards reliable transportation. Whether you’re starting fresh or need a second chance, we’re here to help every step of the way.

Get started now by filling out the form or giving us a call!


Disclaimer: By submitting the form you are authorizing AutoEdge to pull your credit for auto financing purposes.

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