Finance your car
Find out how much you can borrow
If you know what you can afford, it’s easier to find the right car. By identifying the right financing option, we can help you purchase your next car.
Here's how the finance process works
We are here to help you
Still have questions?
Why is the offer I received different from what I worked out with the calculator?
The quote you worked out with the calulator is an indication. It is not a finance offer. The rate on the day you apply is the one that matters.
I want a different loan amount, can I change it?
Yes you can, just go through the application form one more time.
Can I pay a down payment?
Yes, our CarNext Sales Advisors can advise you on the best way to approach this.
How long does the loan application take?
It takes a couple of minutes to apply. However, the length of verification process depends on our financial partners.
Do I have to provide additional documents to prove my eligibility for the loan application?
Our trusted financial partners may ask for additional information so they can provide the best finance deal for you.
Can I trade in my car and use the proceeds as a down payment?
Yes, but you will need to sell your car to use it as a down payment for your new car.
Is it cheaper to buy a car with cash or finance the purchase?
Buying a car with cash is almost always cheaper. When calculating finance costs, be sure to add on your annual percentage rate (APR).
Does CarNext.com provide the loan?
No. Our trusted financial partners offer and provide the loans.
Once my loan is approved, do I receive the money?
No. After signing the paperwork, our financing partner will transfer the money directly to CarNext.com
After purchasing a car with finance, who should I contact if I have questions?
You can always contact our local CarNext Sales Advisors.
Is there a minimum amount that I can borrow?
Is there a minimum down payment?
Yes. According to our trusted financial partners a 20% down payment is required.