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Car Loans in Saskatchewan

A car loan is a quick way to get the financing you need to purchase a new or used car, truck, sports vehicle, or even trailer. There are many benefits to working with Saskatchewan auto loan lenders. You can expect to be approved for a car loan very quickly. Once you complete an online auto loan application, you’ll get the financing in just a few days.

At Smarter Loans, we value your time and so we’ve created a list of top Saskatchewan car loan lenders.

You can review your auto financing options below, compare lenders’ qualification requirements, interest rates, repayment terms and select the best company for your needs. When you’re ready to move forward with a specific lender, just click on “Apply Now” next to their listing and you will complete the remaining steps of the car loan application online on their website. You can also pre-apply for an auto loan with Smarter Loans. We will help you find a credible lender in Saskatchewan that will process your auto loan request within 24-48 hours.

Saskatchewan Car Loans FAQs


How do you find the best car loans in Saskatchewan?

Finding the best car loans in Saskatchewan is a step-by-step process. To find the best financing rates in Saskatchewan, you can start with the car loan lenders in your area. Private & online lenders, dealerships, and banks will all have different offers for you. Try comparing all the options that are available to you. Your credit score & income will be key factors on the lenders and rates that are available to you. So, start by looking at the lenders who cater to buyers within your credit score range.


What do I need to qualify for a car loan in Saskatchewan?

To get approved for a car loan in Saskatchewan, you will need to pay attention to which lenders you’re the best fit for. A high credit score will make it easier to access better rates and better lenders. If your credit score is low, you can still look for bad credit car loans. But don’t worry, even if you have bad credit, you can find a fast loan.  Typically, a Saskatchewan car loan lender will want to perform a pull on your credit score. They will use your score to determine which rates they should offer you. You will typically need to present:

  • Your driver’s license
  • Insurance Card
  • Proof of income (minimum $1,200/month)
  • Permission for a credit check

One more important factor to keep in mind is that it is harder to get approved for a car loan when you buy a used car. Many lenders will refuse to finance a car that’s over 7 years old, regardless of your credit history.


How do you get a car loan with bad credit in Saskatchewan?

If you have a bad credit score, your loan options will be a bit limited. However, regardless of your credit history, you will be able to find a car loan in Saskatchewan. Auto loans for those with bad credit usually carry higher interest rates. You can still get a bad credit car loan in Saskatchewan if you have a good income. You will have better chances of getting a loan and a better rate if you purchase a newer car. Online loan providers might be your best option if your credit is low.


What are the current auto loan rates in Saskatchewan?

Current auto loan rates in Saskatchewan are on par with Canadian national averages. Rates can start as low as 3%, but in extreme cases, they can be over 30%. The exact rates that you will be offered will primarily depend on your credit score & monthly income. The higher your credit score is, the more lenders you’ll have access to and the better the rates they’ll offer you. If you want better auto loan rates, you will want to take out a shorter-term loan. With a shorter term, your total expenditure on a loan will be lower. However, you will also have to pay more in monthly payments until your term is up. If you want to make lower monthly payments in exchange for a higher overall cost, consider getting a car loan with a longer term. Once you look at interest rates, fees, and taxes, calculate rates that are available to you and decide accordingly. The newer the car you’re purchasing, the lower the interest rate should be.


Saskatchewan Car Loans Facts

Unlike much of Canada, Saskatchewan requires car dealers to disclose a complete “drive-away-pricing” rate. This must include all fees and all other expenses short of sales tax.


Useful resources and tools for Saskatchewan car buyers:


What our users think...

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Nate CampeauNate Campeau
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Bles4lif Pro-DreBles4lif Pro-Dre
19:29 23 Oct 24
Vincent JohnsonVincent Johnson
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels HillKels Hill
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara HartTara Hart
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A ScottA Scott
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”
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