How To Purchase A Used Car In Canada As An International Student - PowerPoint PPT Presentation

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How To Purchase A Used Car In Canada As An International Student

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Each year, thousands of students from across the globe come to Canada to learn, and many of these students decide immediately that owning a car so they can get from place to place is a necessity. To learn more about their services, visit . – PowerPoint PPT presentation

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Title: How To Purchase A Used Car In Canada As An International Student


1
  • How To Purchase A Used Car In Canada As An
    International Student
  • Each year, thousands of students from across the
    globe come to Canada to learn, and many of these
    students decide immediately that owning a car so
    they can get from place to place is a necessity.
  • The public transportation system in Canada is
    fine and all, but its nothing like owning a car.
    So if youre an international student whos
    recently moved to Canada and youre looking to
    purchase a pre-owned vehicle, you need to know
    how the process works.
  • Consider these simple tips so you can get a
    reliable, affordable car in Canada.
  • Step 1 Get Your SIN (Social Insurance Number)
  • International students must get a social
    insurance number when they come to Canada, and
    this number is also needed when a student applies
    for an auto loan.
  • This unique nine-digit number is issued by the
    Employment and Social Development Department in
    Canada. With it, you can work in Canada and
    receive benefits from the Canadian government.
  • You can apply for an SIN online, by mail, or in
    person at a Service Canada office. Documents
    required to get an SIN
  • A study permit issued by Citizenship and
    Immigration Canada (CIC).
  • Visitor records issued by Citizenship and
    Immigration Canada (CIC).
  • A note of permission of employment and a
    diplomatic identity card, both of which are
    issued by Trade and Development Canada, Global
    Affairs Canada, or Foreign Affairs.
  • Step 2 Obtain Your Drivers License
  • To purchase a car in Canada, youll need a
    drivers license and insurance. If you hold a
    valid license from your home country, you'll be
    permitted to drive for a short period, but
    eventually youll need a Canadian drivers
    license.

2
  • If youre from any of these countriesEurope,
    U.S., Japan, Korea, Switzerland, Germany,
    France, Great Britain, Austria, Belgium,
    Australia, Northern Ireland, or the Isle of Man
    obtaining a driving license is easier.
  • Otherwise, you'll need to take a vision test, a
    written test, and a road test, all of which will
    be administered by a state-appointed official.
  • Step 3 File Your Application For A Student Car
    Loan
  • For college students on a tight budget, used car
    financing services are better than traditional
    lenders because they can hook you up with a
    high-quality vehicle for a lower price and with
    an attractive interest rate.
  • Make sure you have the following documents when
    you go to a dealership
  • Work/student permit
  • A bank statement or something similar to show you
    have regular income.
  • Getting a car loan is now as simple as four
    steps.
  • Fill in our online car loan application to give
    us some basic info about yourself tell us the
    type of vehicle you want. You can get a car loan
    through us even if you have bad credit or no
    credit.
  • You can also use our Canada car loan calculator
    to know what your loan payments will be.
  • Our agent will contact you to confirm the
    details then the car loan will be approved.
  • Select the car you want from our wide selection.

3
At CarEvo, for years we have been helping
students obtain affordable vehicle financing.
With hundreds of cars to choose from, were a
preferred business for those who need reliable
car financing fast. Resource Box The author
owns a car dealership in Dartmouth, Canada and
they write bad credit car loans so individuals
with less-than-stellar financial histories can
purchase a vehicle to get around. To learn more
about their services, visit https//carevo.ca/.
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