FAQs
FAQs
What makes and models do you offer?
We offer all makes and models on our pre-owned lot and also brand new Ford vehicles. For those with a certain vehicle in mind we employ a full-time Auction Manager who attends five vehicle auctions a week and sources dozens vehicles for customers just like you - who know exactly what they want! Every vehicle we obtain and sell from our lot meets or exceeds our very strict guidelines for quality. They’re all certified, e-tested and have a warranty!
So I am Approved… Now What?
Congratulations on your approval! Now the choice is yours. We can arrange to pick you up if you need it, we can bring potential vehicles to you, or set up a time best suited for you to visit us.You are under no obligation just because you are approved! Kingston Auto Financing values your business and wants you to feel totally comfortable with your choice. We are here to help you make a very important decision that cannot be taken lightly.This may be your first purchase from us but we don’t want it to be your last!
Can I pick any vehicle I want?
Kingston Auto Financing will do everything in our power to provide a wide array of vehicles for you to choose from. In many situations our customers are able to drive vehicles from brand new or only a year or two old. Whatever the case we will do everything possible to get the vehicle you will be truly happy to put your name on!
What if I have a Trade-in?
We buy trade-ins and we get you the most money back in the area! We stock over 70 used vehicles on a continuous basis and employ a full-time professional appraiser. Kingston Auto Financing uses sophisticated software that allows us to compare your vehicle with similar ones for sale in the Kingston, Ontario area (we can even compare with any vehicle for sale in the Province and Canada). This software allows us to be very competitive with our trade appraisal price, putting the most money back in your pocket!
What kind of vehicles do you have?
We have over 300 new and used vehicles on our Kingston lot. Once you’re approved it’s as easy as picking one out and driving away! If you have something particular in mind, we have access to thousands of vehicles throughout the province (and country) to meet your needs and your financing budget!
Will my credit limit my car choice?
Not at all! Part of establishing or rebuilding your credit is actually enjoying the vehicle you’re driving! We qualify all our customers for newer, low-kilometer vehicles.Whether it’s a car, truck, SUV, or minivan, we want you driving away in something that you can truly be proud of! Our wide selection of vehicles ranges from brand new – never before driven – to about 5 years old, with very low kilometers. Kingston Auto Financing is part of a Ford franchise store that includes a quality used vehicle lot. Not to mention, every one of our used vehicles comes with a warranty!
Will you 100% guarantee my credit approval?
Our approval record is phenomenal. We can approve most people no matter what the circumstance – our relationship with our lenders over the last 70 years have given us (and you) great lending leverage! There are of course some instances when it’s just not the right time for a loan in a person’s life. Technically speaking, we can offer 100% approval guarantees, but that means sometimes we would have to ask for a substantial down payment or find a less expensive vehicle that really was not what you were looking for to begin with. We are financial consultants who help you establish or rebuild your credit, and that’s how we keep our great name! We will never put you in an outlandish lending situation, ask for large down payments, or sell you a vehicle that isn’t right for you. Your complete and total satisfaction is knowing that you have a trusted financial expert that’s here to help you, not just sell you a car. We have helped over 12,000 customers in the last 15 years to establish, rebuild and maintain their credit. We did this by offering realistic loan situations that are easy to understand and give the customer exactly what they want: a great loan for a great car you can be proud of!
I have been bankrupt before and have credit issues…
…can I still be approved?
Yes. Ever person’s situation is unique and our financial consultants work with you to understand your particular situation and how we can best help you get into a vehicle. We work with lenders who specialize in lending to people in your situation and we have a great track record in obtaining realistic loans for people who want to rebuild their credit.Whether you’re currently in the middle of, or just getting out of a bankruptcy situation, we will give you the best options to get you behind the wheel of a great vehicle.
I have really bad credit, I’m not sure if I should apply…
Absolutely. More often than not, people believe they are in a worse spot than where they really are. Things happen and a lot of people just like you go through them everyday.
Sometimes credit scores are affected by things over which we have no control – this is where our financial consultants are trained to objectively identify how we can best help your particular situation and work with you to get you rolling again. There’s a proper solution to every unique situation, and we’re experts at finding them.
What will my interest rate be?
Rates are determined by each person’s unique credit history, severity of past credit issues, the amount of the loan they’re seeking, the term of the loan and the lender who is participating in the loan. All of these factors are considered and will determine your interest rate.
The best way to find out what your rate could be is to fill out the confidential application and let us contact you with the rate. There’s no obligation, sometimes it’s just nice to know.
Do I need a down-payment?
Kingston Auto Financing is good at making sure you don’t need a down payment, but there are rare circumstances where we will require one. We work closely with our lenders to ensure we keep these to a minimum when one is required.
Do I need a co-signer?
You certainly don’t need to have a co-signer, but having one will increase your chances of obtaining favorable or better loan conditions. A co-signer is always a nice to have, but not a necessity.
Are there any fees or charges for the approval process?
No, not at all. We do not charge any fees and we do not obligate you to anything. We can simply approve you and you can decide what you would like to do with your loan from there.
I am on disability, can I still qualify?
Yes, any type of income well help to secure your auto loan approval! We work with all sorts of people who are on various types of assistance. Each customer is unique and we work closely with you and our lenders to secure your loan.
I’m self-employed, can I get approved?
Yes. We are experts when it comes to business owners and the self-employed. We have special business preferred programs in place to get you the most favorable terms and rates.
Is your site secure? What do you do with my information?
Yes. Our credit application is protected by an SSL encryption algorithm as any bank would use when you log in to see your banking details. We are NOT a lead reseller. We are the direct source of your next auto loan.
We do NOT sell or in any way give your details to any other follow-up institution. We will use your application information to source a favorable loan with our trusted lenders, nothing more.
If you send in your application and after wish to not pursue financing we will purge your information from our credit system. We respect our client’s information and will do everything in our power to ensure it’s protected.
How long does it take?
It’s very fast. During business hours on weekday we will get back to you within an hour or two of submitting the secure credit application. If you sent it in at night, we will reply first thing the next business morning! Likewise, if you apply over the weekend we will get back to you the following Monday.
Can I get out of my loan?
Yes. Kingston Auto Financing will help get you out of your loan/lease situation and into your new vehicle. Ask our experienced financial consultants more about how we are able to do this.
Can I Lease?
You do not have to finance. We have several leasing options generally with lower payments than financing. We will give you all the information you need to make a confident and educated decision.
I’ve never had a loan before!
We are experts at establishing credit and can often secure a great loan on a new or used vehicle! It’s important to start your credit on the right foot. Let our financial consultants help you plan your payments to establish your credit to keep you on a path of prosperity for life!
There are a ton of these auto-loan websites, can’t I just apply to them all?
Although you’re free to do so, there are a few cautions to reflect on. Most of these fly-by-night loan sites have a basic set-up and communication channel to the very same lenders.If you submit the same application over several sites, these sites will all process and send your information to the same lenders multiple times. That can affect your credit negatively.We at Kingston Auto Financing have lines of communication with these lenders and have several other options that most of these sites simply can’t offer. We have in-house lease options and years of high-volume lending that makes our customer’s much more attractive to lenders than companies with a low volume of business.If you were a lender, wouldn’t you want business from a partner with over 12,000 customers in the last 15 years?
I’ve been turned down for a car loan at a lot of places- can you approve me?
Kingston Auto Financing have built a very large credit department over the last 65 years in the auto business. We have a lot of in-house lending options that almost every other competitor can’t offer.
We also have strong standing relationships with lenders who seek out borrowers in your situation. Our leverage is in the volume of people we help - we help a lot of people and our lenders fight for our business and that helps you secure a loan that is harder to get at our competitors.