FAQ
Answers about credit, financing, applications, and how to qualify.
Get answers about choosing a car, pre-approval, trade-ins, credit, and more — or call us at 905-666-5369.
When you apply for an automotive loan, the payments you make are reported to your credit bureaus. As time goes by and you consistently make those payments on time, you begin to build a rapport with the lender and credit bureaus which results in your credit score increasing. Over time this can potentially repair your credit. If you are unsure as to why your credit score isn't increasing, it does not hurt to speak to one of our credit specialists.
When you submit an online application your credit score will not be impacted.
When applying for any loan or source of credit, it is necessary to have a credit check as part of the approval process.
Yes! We are always excited to help you trade in your vehicle even if there is still money owed on the vehicle. If you are interested in getting a free appraisal and seeing what your vehicle is worth, you can fill out our trade-in application!
411 Drives offers more than just financing. We can assist you if you are looking to lease, purchase in cash, or if you found a vehicle you need funding for.
Although we have many $0 down options available, a down payment has its benefits. It can help lower your monthly payments as well as demonstrate to lenders that you are serious about making this commitment.
Yes! 411 Drives' partnering lenders offer you an open loan. This means you are able to pay off your loan before your term ends.
The application process takes approximately 2 to 3 minutes.
Once you have submitted the application, you will be contacted by one of our finance specialists within 24 hours.
You are not obligated to purchase a vehicle when you apply. We offer you insight into what your vehicle options are, which allows you to make an informed decision on what you want to purchase.
Depending on the vehicle selection, the average time can be from 3–10 business days.
The amount that you get pre-approved for depends on multiple different factors. After you have submitted your auto loan application, a finance specialist that is assigned to your file will discuss with you the details of your pre-approval.
The minimum requirements to get approved are: 1. You must be 18 years of age or older 2. Have 2 forms of valid photo ID (Driver's License, Passport, Social Insurance, etc.) 3. Proof of income (paystubs, Notice of Assessment, etc.)
Yes. We have many lenders that assist in helping those in similar circumstances. Many of our lenders and dealerships have special programs geared to ensuring that you get approved with the best rates possible.
Yes! If you are self-employed you are still eligible to qualify for a vehicle!
Yes. We have helped many people going through these situations. 411 Drives partners with lenders and dealerships dedicated to getting you approved. They look at other factors beyond your credit score. 411 Drives is dedicated to finding you a solution and getting you approved regardless of your credit!
411 Drives is revolutionizing the auto industry by partnering with a network of dealerships, auctions and lenders across the country. We have access to thousands of vehicles on a daily basis. This helps us narrow down the vehicle you want at a price you deserve. You are not limited to just one dealership's inventory.
We partner with a vast number of lenders which gives us more opportunities to get you approved. When you go to a traditional dealership or a used car dealership they are limited to how many lenders they partner with. Most have an average of 3 lenders. 411 Drives has a network of 15 lenders — meaning more chances to get approved!
Still have questions?
Speak with a finance specialist or start your no-obligation application today.