New to Canada need a car

If you are new to Canada, chances are you will need a car. Having a car can make adjusting to a new life in Canada much easier than you think. Trips to work, school, going sightseeing or simply getting groceries can be much easier and time efficient if you have a car. Here are some answers to questions that will help make getting a car in Canada that much easier.

Do I need a Canadian Driver’s License to buy a car in Canada?

As long as you’ve been given a Social Insurance Number (SIN), have a Canadian government issued photo ID (ex: BCID) and have a valid driver’s license from your country of origin, you’re eligible to finance a vehicle. For most situations, your current driver’s license from your country of origin is valid in Canada for up to 6 months. This means you can purchase a vehicle with confidence and get insurance without having the added worry of swapping over to a Canadian driver’s license right away. Depending on where you’ve moved from, there is a good chance you will be able to simply exchange your current driver’s license for a Canadian driver’s license. This is perfect for international students looking to get a car loan in Canada.

How can International Students get a car loan in Canada

As we mentioned before, as long as Canada has assigned you a SIN, Canadian photo ID and you have a valid driver’s license from your country of origin, you are eligible to finance a vehicle.

A good way to get started is to open a credit file and start building your credit. Major banks such as ScotiaBank and RBC have special immigrant credit programs to help people new to Canada get access to credit cards and begin their credit journey. Another way to boost your chances of getting approved for a car loan in Canada is to have a steady source of income that can easily be proved if necessary. Banks and lending institutions understand that people new to Canada and will most likely have limited credit and an average credit score. This is why having a reliable source of income is important.

How Drive Mango can Help

If you are new to Canada and need a car, here as an international student or buying a new car as a foreigner, Drive Mango is there every step of the way. We make it easy for newcomers to find the right car and purchase with confidence.

Our Simple Process is simple:

Fill out our Survey
Get Approved
Test Drive
Get a new Vehicle

We understand the stresses of moving to Canada and we at Drive Mango want to make finding your next car as easy as possible. Let us help.