If you're after affordable car financing options in Ponoka, our team at Summit RAM has got you covered. We aim to provide a stress-free, customer-focused experience that makes choosing and buying your dream car as simple and enjoyable as possible. Whether you're financing a brand-new vehicle or a used model, our team of financial experts will help build a loan plan with monthly payments that work around your needs and budget.
Whether you have good credit, bad credit, or no credit, we'll work hard to offer financing options that will get you driving the vehicle you want without breaking the bank.
Vehicle Financing at Summit RAM
We firmly believe in giving people the chance to drive a car that they love, whether it's new or used. With flexible financing options for any credit situation, don't let your past get in the way of your future on the road. Our team specializes in tailored financing solutions that match your unique circumstances, even if you have bad credit, no credit, or are a first-time buyer. Start by using our easy loan calculator, get prequalified, and take your first step towards car ownership today.
How to Apply for New Vehicle Financing
Even if your credit history is less than ideal, applying for a loan at Summit RAM is a seamless process. First, our sales team will walk you through our extensive inventory of new vehicles. Once you've made a decision, our finance team will guide you through every step of the application process, answering your questions, explaining your options, and tailoring a financing plan that fits your budget and goals.
How to Apply for Used Vehicle Financing
Considering a quality pre-owned vehicle? We carry a wide array of makes and models, as well as financing options for all credit types. Once you've chosen your ideal pick from our used inventory, you'll sit down with our finance team to review your options and complete a quick credit application. Once approved, you'll be ready to drive off in your dream car!
Should I Buy or Lease?
The choice between buying and leasing depends on your lifestyle and budget. If you're deciding between these two options, we're here to help you explore both and figure out which one works best for you. Whether you prefer long-term ownership or lower monthly lease payments, we'll help you understand the benefits of each.
Stress-Free Trade-In Evaluations
If you're looking to upgrade your vehicle, speak to us today about trading in your current car and saving on your new model. We'll evaluate your trade based on current market trends to guarantee that you get a fair, competitive offer. Whether you want to trade in or sell for cash, we make the process quick, easy, and transparent.
Understanding Your Credit
Knowing your credit history is a key step in exploring your financing options. Our team will help you understand your credit profile and find financing solutions that cater to your unique circumstances, even if your credit history isn't perfect. We work with a variety of lenders to offer flexible rates. Start by getting pre-qualified today!
Frequently Asked Questions
How long will it take for me to get financing approval?
At Summit RAM, we prioritize processing your car financing request as quickly as possible. Usually, our customers get approval within one or two days, although this can depend on individual circumstances.
What kind of interest rates do you offer?
The interest rates at Summit RAM are dependent on several factors, such as the type of car you’re financing, the length of your financing term, and your credit status. We always aim, however, to offer rates that work with your budget. Contact us today to find our your rate
What’s the best duration to finance a car?
Choosing the terms for your car financing depends on your personal preferences. A longer term might work well if you want lower monthly payments, but if you can handle higher payments and want to save on interest, you might want to opt for a shorter term. It’s all about striking a balance that fits your budget, which our team is happy to help with.
Can I pay off my financing early?
Most often, our car financing options at Summit RAM are an open-loan deal, meaning you can clear it ahead of time if you like. By doing so, you save on interest. Check with our finance department to find out the terms and conditions of your specific loan.
Can I apply for a car loan if I’ve recently declared bankruptcy?
Sure! Summit RAM offers car financing options even if you’ve recently gone through bankruptcy. Our finance team will work with you to figure our the best financing solution for bankruptcy or any bad-credit car loans.
Can first-time buyers apply for car financing?
We welcome first-time car buyers and newcomers to Canada at Summit RAM. Our helpful financing team is ready to walk you through the car financing process and answer any questions you might have.
At Summit RAM, we prioritize processing your car financing request as quickly as possible. Usually, our customers get approval within one or two days, although this can depend on individual circumstances.
The interest rates at Summit RAM are dependent on several factors, such as the type of car you’re financing, the length of your financing term, and your credit status. We always aim, however, to offer rates that work with your budget. Contact us today to find our your rate
Choosing the terms for your car financing depends on your personal preferences. A longer term might work well if you want lower monthly payments, but if you can handle higher payments and want to save on interest, you might want to opt for a shorter term. It’s all about striking a balance that fits your budget, which our team is happy to help with.
Most often, our car financing options at Summit RAM are an open-loan deal, meaning you can clear it ahead of time if you like. By doing so, you save on interest. Check with our finance department to find out the terms and conditions of your specific loan.
Sure! Summit RAM offers car financing options even if you’ve recently gone through bankruptcy. Our finance team will work with you to figure our the best financing solution for bankruptcy or any bad-credit car loans.
We welcome first-time car buyers and newcomers to Canada at Summit RAM. Our helpful financing team is ready to walk you through the car financing process and answer any questions you might have.