🚗 How to Get Approved for a Car Loan at Peel Chrysler
Whether you have great credit, bad credit, or no credit at all, getting approved for a car loan doesn’t have to be stressful. At Peel Chrysler, we make the process simple, transparent, and tailored to your situation. Here’s exactly how it works:
Step 1: Apply Online or In-Store
Start by completing our quick and secure finance application. You can apply online 24/7 or visit us at our dealership in Port Credit, Mississauga. The application only takes a few minutes and asks for basic info like income, employment, and vehicle preferences.
Step 2: We Review Your Application
Our Finance Specialists will personally review your application—not just run it through a system. We consider the full picture: credit history (if you have one), current income, employment status, and financial goals. We work with top Canadian lenders to match you with the best approval options for your situation.
Step 3: Choose the Right Vehicle & Loan Option
Once pre-approved, we’ll help you explore our wide selection of new and used vehicles and discuss financing or leasing options. Whether you're looking for a low monthly payment, flexible term length, or $0 down—we’ll build a plan around you.
Step 4: Sign & Drive!
Once you’ve chosen your vehicle, we’ll walk you through the paperwork and answer any final questions. Our goal is to make sure you understand your loan terms and feel confident about your purchase. In most cases, you can drive off the lot the same day.