DriveNation Blog

Benefits of Getting Pre-Approved for a Car Loan: Tips on How to Get Pre-Approved Are you planning to buy a new or used car? If so, then getting pre-approved for a car loan should be your first step. Pre-approval means that a lender has already reviewed your financial information and has offered you a loan amount and interest rate, subject to certain conditions. This not only simplifies the car-buying...

How to finance a car with bad credit: Tips and strategies for success Buying a vehicle is a major purchase that often requires a person to take out a car loan. Individuals who have good credit can typically do this easily, but it can be much harder for a person who has bad credit to obtain a favourable auto loan. How does a borrower's credit score impact an auto loan? A person who has a lower...

The Most Popular Car Brands for 2023: Which Ones Are Worth the Investment? It's hard to imagine a world without cars. We rely on them for transportation, entertainment, and even food delivery. But what does the future of the automotive industry hold? Let's take a look at the most popular car brands and decide which ones are worth your investment in 2023. Toyota Toyota has been a household name...

Top 10 Tips for First-Time Car Buyers: A Guide to Finding the Right Car Buying your first car can be an exciting but daunting experience. With so many options available and decisions to make such as whether to buy a pre-owned vehicle or a new vehicle, it can be overwhelming to decide which car to buy. To help make the car-buying process easier for you, here are the top 10 tips for first-time car...

The Benefits of Getting Pre-Approved for A Car Loan: How to Improve Your Chances of Approval Getting pre-approved for a car loan in Canada can be a great way to save time and money when buying a new car. The pre-approval process provides you with the assurance that you will be approved for the loan amount you need. It also helps improve your chances of getting the best interest rate possible. The...

Top 5 Car Models for Families: Safety, Reliability, and Practicality Your family of one, two, or three children has been through its fair share of different car models. That includes compact SUVs, people carriers (MPVs), full-size SUVs, all-wheel drive (AWD) cars, front-wheel drive new cars, hatchbacks, etc. You have tried your best but haven't yet settled for one of the best cars for your family....

Understanding Car Loan Interest Rates: What You Need to Know Buying a car is one of life's biggest decisions one has to make. After comparing the make or model, the next thing to consider is the cost and whether you can pay for it. If you don't have enough to buy one, the next thing to consider is a car loan. Car loans attract a certain percentage of interest, so before you sign the contract,...

How to Save Money on Car Insurance: Tips for Finding the Best Rates Do you live in Canada? Did you know practical ways to save money on car and home insurance exist in this North American country? According to new industry data from the Insurance Bureau of Canada, young drivers with varying driving habits and driving experiences spend an average of $1300 to $1800 in auto insurance premiums...

The Impact of Electric Cars on The Auto Industry: A Look at the Future of Transportation Eco-friendly transportation is today rapidly gaining ground thanks to the evolving technology behind electric vehicles. Therefore, You may wonder what this electrification means and what is in store for the automotive industry.  It is no longer a secret that electric cars are the future of transportation....

How to Refinance Your Car Loan: A Step-By-Step Guide Refinancing might be the right choice if you're looking for ways to manage your loan and improve your financial situation. It helps lower your interest rate, reduce your monthly bills, and even get better payment terms. This step-by-step guide will walk you through financing your loan car purchase in Canada. Steps To Refinance Your Loan If...

Which Countries Can Use Their Driver's License to Drive in Saskatchewan Do you know which countries can use their driver's license to drive in Saskatchewan? As an international student, employee, or visitor coming from a different country, it is important to know if your valid driver's license from your home country will be accepted in Saskatchewan. This article explains the requirements and...

Best Practices for Negotiating Car Loan Terms and Conditions in Canada Buying a new or used car is always an exciting experience. However, the truth is that sometimes this experience can be intimidating, especially if you have to negotiate with a lender. There is much to learn about car payment, as you need to know your financing options and which suits you best.  Some bad car dealerships...