• Preowned

Karmann Fine Cars

Directions Toronto, ON M6N 1M1

  • Sales: 1 (866) 980-5971

Finance Department

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Your privacy is important to us.

Karmann Fine Cars takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.

So you're buying a car and you want to know if you should bother with an extended warranty. After all, with  a good vehicle, what could possibly go wrong? We decided to ask around to find out what the benefits of buying a warranty on a car might be. (The answers might surprise you!)

Why should I buy an extended warranty on my newly purchased car?

·         Protecting your investment. Buying a car is by no stretch of the imagination inexpensive. We want to make sure your hard-earned dollars are going to the right place and buying a warranty can protect your investment for years to come.

·         Having a warranty increases your trade-in value! If you ever plan on trading in your vehicle for an upgrade, you don't lose the value of the warranty purchase, meaning it can go against loyalties and credits on the value of the trade!

·         You might be able to roll it in! If the cost of a warranty sounds like a lot of money to put down at once talk to our finance consultant about your ability to roll the warranty into your financing. 

But why would I need a warranty unless the vehicle isn't good to begin with?

Did you know there are 14,000 moving parts on most vehicles? It's true! Although every vehicle is tested thoroughly, anything can happen over a period of time, and with 14,000 moving parts, even if your new car is 99.9% perfect, that still means there is a likelihood that over time up to 14 individual parts can break down over a car's lifetime. Regular maintenance and care can usually avoid this, however anything is possible and a warranty serves to save you from having to pay out for major repairs in the event that it does happen.

Welcome to Our Financing Department

Welcome to Karmann Fine Cars's Finance Department, your auto loan and car lease resource. We're eager to provide financing for your new car, or we can assist in used car financing. Check out our online car loan calculator for an instant car loan rate. Then, proceed to our online finance application.

All types of credit, from good to bad, can qualify for an auto loan. No credit, no problem! We will work with you to secure a no credit car loan if your situation demands it. Karmann Fine Cars has strong relationships and is committed to finding you the perfect car loan company to suit your car finance needs.

Low interest car loans are available for customers with existing loans. We can help you refinance your car loan or adjust the term of the contract. You're just a step away from approved car financing!

Ontario's Largest Specialty Auto Loan Company

It's safe to say that trying to figure our auto loans and the financing process isn't easy! At Karmann Fine Cars we want our customers to have all of the information they need to make informed choices about their vehicle purchases. Here is a compiled a list of frequent questions asked by customers about financing and we answered them right here for you!

Q. What information is needed for a loan approval?
A. We require basic credit information, your name, current address, phone number, current employer and annual income. Our credit and finance specialists can walk you through each step of the approval process.

Q. How much money do I have to put down?
A. We try to structure every loan with $0 down. However, depending on your credit we may require up to 10% down.

Q. I still owe money on my current car, will I still be able to trade it in?
A. Yes you can trade in your current vehicle even if you still have outstanding debt on your loan. In many cases we can consolidate this debt for you at a lower interest rate.

Q. What if I have really bad credit or no credit?
A. We understand! Sometimes things happen in life that can have a negative effect on your credit. Every situation is different and we work with several financial institutions to make sure that we are able to provide you with an approval. Our credit specialists will do "Whatever It Takes" in attempting to secure you a loan.

Q. Will this affect my credit rating? 
A. Each time you apply for credit it will affect your credit rating. We make every effort to protect your rating by thoroughly reviewing the application before sending it out to the lending institutions.

Q. I've had a bankruptcy, will I qualify for an auto loan? 
A. Yes, we are able to approve your application even if you are still going through bankruptcy. Our finance specialists will walk you through the process and provide valuable feedback.

Q. Do I need a co-signer?
A. Every situation is different, and although a co-signer can help in some cases we will need to assess your personal credit info before providing this answer. We will do our best to accommodate you if you don't have one.

Q. I have a lien against my vehicle, can I still trade it in?
A. Yes you can still trade-in or sell a vehicle with a lien against it. We can walk you through this process. 

Q. What will my interest rate be? 
A. We work with a variety of financial institutions that compete with each other to give you the best possible rate. There are no set rates as every situation is different.


I Have Bad Credit - Will You Finance Me?


Yes! Our car loan specialists have lenders waiting to finance you even if you have bad credit. We contact the right people on your behalf, and use our industry connections to secure financing for you. If you`ve been turned down elsewhere, it doesn`t mean that we can`t help.