Frequently Asked Questions: Auto Credit in Laval

Do you offer financing on all of your vehicles?

All of Entrepôt Auto Durocher's vehicles qualify for all available financing programs. Over 400 financing programs are offered from 15 financial institutions. In only 5% of cases is a slight cash down required for the transaction. No payment amount is usually required in order to take possession of the vehicle. We offer financing plans ranging from 24 to 96 months. 

Why is Entrepôt Auto Durocher's financing different from other merchants?

No merchant or dealership offers more financing plans than us. Most merchants offer common and generic financing plans. However, Entrepôt Auto Durocher has established a solid relationship with 15 financial institutions, which enables us to negotiate specific programs for our customers. Several programs are only offered at Entrepôt Auto Durocher.

How does your financing plans work?

Online: Get your pre-approval before you even visit us. Just choose the vehicle that interests you and click on it to complete your application. A specialist will analyze your request immediately. You can then analyze the various financing options that are available to you. 

By telephone: If you're not ready to fill out your online financing application, contact one of our specialists at 1 877 387-6243 and get all the answers to your questions. You can also simply make your request over the phone. Please don't hesitate to contact us! Our specialists are here to help you.

Can I reserve a vehicle?

Yes, with a $250 deposit we guarantee that we will not sell the vehicle and it will be reserved for a period of 48 hours. There's no need to even stop by our store. Simply contact us by phone or via chat so that we can collect the deposit on your credit card. We will then email you your receipt.

What's my interest rate?

There are too many factors that can influence the interest rate, including your financial situation, your credit rating, the amount to be financed, etc. However, we work hard to get you a favourable credit and an interest rate that is as low as possible depending on your account. 

How long does it take before getting pre-approved credit?

If you complete your request immediately, you will receive a pre-approval in just 20 minutes, during business hours. Don't forget to include a phone number where we can reach you.

Do I need to inform you about my current and past credit history?

Yes. By knowing your current and past credit situation we will be able to submit your application to the financial institution that best fits your criteria.

Do I need to put cash down to get a car loan?

No. In most cases, no cash down payment is required. It is possible to get a credit approval by not paying any cash. Our approach helps finance over 95% of our loan applications without paying cash, which is one of the highest percentages of the industry. In addition, through customized programs negotiated with financial institutions, it is possible to finance a negative equity on a new financing plan without including any cash in the transaction.

I am currently in undischarged bankruptcy or consumer proposal. Can I still get financing?

Yes. Starting recently, it is now possible for us to help you get a loan even if you are in undischarged bankruptcy. 

I am currently in the process of a a bankruptcy trustee paying my creditors. Can I still purchase a vehicle?

Yes. Some of our financial institutions are ready to offer you a 2nd chance and help you get a new loan to drive home a vehicle. 

I do not work or I have no declared income. Can I still get a loan?

Yes. We deal with an alternative financial institution whose only prerequisite is a minimum cash deposit.

Can I trade-in my vehicle?

We accept all vehicles in exchange, in any condition or of any age, no matter if you still have a financial balance on it. We work hard to offer you a reasonable offer at market value. In addition, through customized programs negotiated with financial institutions, it is possible to finance negative equity through a new financial plan without including any cash in the transaction.

Who will view the information in my credit application?

The information in your credit application will be treated by one of our specialists. This information will be used to submit a formal application for credit to one of our creditors. All information received about you is confidential and will be retained according to standards governed by the privacy law and the consumer protection law. 

Does the information provided remain confidential and secure?

Yes. Entrepôt Auto Durocher adheres to the highest standards of security and confidentiality in the market in order to protect your personal information. In addition, our online credit application is completely secure.

If my credit situation improves, can the rates be lowered?

Yes. Absolutely! This is one of the most important elements of our credit reestablishment process, namely seeing as our goal is to give you access to the best possible rates. Usually, we can review an application within 12 to 18 months of signing the contract.

Are there any fees for the credit application process?

No. The application is entirely free.

Can I get even if one of my previous vehicles has already been taken because of non-payments?

Yes. Through exclusive agreements with some of our financial institutions, it is now possible.

Can I get financing if it's my first loan?

If you don't have established credit, you will probably need a co-signer to qualify for a car loan. A co-signer will sign the credit application for your loan. If you do not make the payments, you will be responsible for payments related to the vehicle loan. In addition, the co-signer's name will appear on the contract of the loan as well as on his or her credit. This means that the loan will be made out to two names and that both names will appear on the contract. 

Do you Have any questions? 

It's our pleasure to answer you.

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