Have you recently moved to Canada and are looking for a vehicle?
Many newcomers to Canada face road blocks when trying to get approved for a car loan because they are lacking work and credit history which makes it difficult to verify financial eligibility. This is not uncommon for new immigrants as they have not had an opportunity to prove themselves. Alberta 1 Auto Loans can help new immigrants get approved quickly and easily with a simple application process and have you driving today! Before you can drive away in your new car you will need to obtain these documents in this order:
- Valid driver’s license
- Valid car insurance policy
- Vehicle registration
If you have driving experience from your home country, you may be able to exchange your license for an Alberta Driver’s License. To exchange a licence from a jurisdiction that doesn’t have an agreement, you’ll need to pass a knowledge and road test. The best way to find out if you’re eligible to exchange your license is to visit a registry or check online at https://www.alberta.ca/exchange-non-alberta-licences.aspx
Once you have a driver’s license you will be able to shop for a vehicle. You should consider the following variables when shopping for a car:
- Price
- Payments
- Warranty
- Condition
- Features
- Incentives
Ask for inspection reports to verify the car has not had any major damage.
Alberta 1 Auto Loans will make this process very easy and transparent. We will guide you through the process and answer all your questions along the way. We offer a large selection of vehicles and will work hard to get you the best rate possible even if you have no credit history.
Once you have chosen your car, you will need to apply for insurance. In Alberta, every vehicle owner must have insurance. This is the law. Types of vehicles to insurance cars, trucks, SUVs, recreational vehicles, and motorcycles. There are several things to consider that will affect your rate:
- Age
- Driving record
- Living location
- Driving experience
The cost varies between insurance companies. For this reason, you should ensure you understand what each plan covers and contact several companies and compare details about the price of their insurance plans in order to get the best policy for you.
Once you have insurance you will need valid registration. Vehicles on a public roadway in Alberta must have valid insurance and a Vehicle Registration Certificate. The vehicle you’re registering must also be in Alberta.
A Vehicle Registration Certificate has:
- Name of the registered owner
- A description of the vehicle
- Vehicle Identification Number (VIN)
- Licence plate type
- Licence plate number
Once you have all these documents you will be ready to drive your car. Don’t wait, contact us today and let us help you find the car you’re looking for!
