to Know Before You Apply Buying a car is one of the biggest financial decisions most people make. But what if you don’t have enough cash to pay for it upfront? That’s where a car loan comes in. Whether you’re a first-time buyer or looking for a more affordable vehicle upgrade, understanding what a car loan is can help you make a smart, confident decision. In this blog, we’ll cover all the essentials—from how auto financing works to understanding the true cost of borrowing. If you’re exploring a car loan in Canada, this guide is your one-stop shop.