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CarDoor review
With CarDoor, secure financing and browse through used vehicles online, with delivery to your home.
After your car is delivered, you have a 14-day money back guarantee so you can test drive the vehicle for up to 750km.
5.99%
Interest Rate
$110,000
Max. Loan Amount
N/A
Min. Credit Score
Please note: All information about CarDoor car loan has been collected independently by Finder and this product is not available through this site.
Shopping for a used car? CarDoor is an online vehicle buying platform, so you can find your dream vehicle and apply for auto financing completely online.
30-second take
- Think of using CarDoor if you prefer to do your vehicle shopping online instead of visiting various dealerships. CarDoor allows shoppers to browse its inventory, then delivers your purchase directly to your front door.
- Pick something else if you aren’t in Ontario. CarDoor only services the Greater Toronto Area but it can make car deliveries to nearby cities, such as Kingston and London, Ont.
How does buying a car through CarDoor work?
Car retailer CarDoor brings the car-shopping experience completely online. You can look through CarDoor’s inventory of hundreds of used cars, do a 360-degree walk around, read through the vehicle’s key features and look at various payment options. You can also save and compare vehicles on your account’s virtual “garage” to help you narrow your search.
Once you’ve decided on a car you like, click on “Home Test Drive” and fill in the prompts with your full name, email and postal code. You’ll also need to pick which day you’d like to schedule your test drive. A CarDoor representative will contact you to help you finalize your purchase, and determine whether you need financing.
After your car is delivered, you have a 14-day full money back guarantee. If you change your mind during this timeframe and you haven’t driven more than 750km, CarDoor will pick up the vehicle and issue a refund.
How does financing a car through CarDoor work?
The financing process is nearly identical to buying with CarDoor. Once you’ve made your car selection, you’ll need to provide personal details, including your Social Insurance Number, to submit a credit application. CarDoor will submit your application to lenders it’s partnered with to determine what interest rate you’ll qualify for. Interest rates start at 4% but they will vary, depending on factors such as your credit score, income and the vehicle you’re financing.
You can also secure financing on your own through a bank, credit union or online lender.
Do I qualify?
To be eligible for financing via CarDoor, you’ll need to meet the following criteria:
- Be a Canadian resident, at least 19 years old
- Have a valid Canadian mailing address and active bank account
- Have a valid driver’s licence
- Have a steady income to make loan repayments (no minimum income threshold is listed online)
When your vehicle is delivered to your home, you’ll also need to provide the following:
- A void cheque or direct deposit form for the bank account you want your payments to come from
- A copy of your new insurance
- A valid driver’s licence
What provinces is CarDoor available in?
At the moment, CarDoor is only available in Ontario – specifically the Greater Toronto Area. CarDoor says it can make deliveries to neighbouring cities, such as London and Kingston, though.
What types of vehicles can you buy through CarDoor?
Browse through hundreds of used vehicles, including cars, SUVs, minivans and Jeeps. You can also choose from a selection of makes and models from manufacturers such as Volkswagen, Honda, Toyota, Acura, Ford, Mazda and BMW.
What are the benefits of the CarDoor online platform?
Online shopping for a car is novel and comes with great perks, including:
- A completely digital experience shopping for your car and applying for financing. You can apply for financing and shop for a vehicle completely online. CarDoor will deliver your purchase to your front door.
- 14-day money back guarantee. You have 14 days to test drive your new car. If you’re unhappy, you can request a full refund as long as you haven’t driven more than 750km.
- 90-day bumper to bumper warranty. CarDoor provides a free 90-day/100km warranty that covers defects in materials or workmanship for many parts of the car, but excludes wear items like brakes and tires.
- 60-day exchange program. CarDoor provides buyers with a 60-day window to make an exchange, as long as you haven’t driven the car more than 5,000km.
- Trade-ins accepted. CarDoor offers the option of trading in your current vehicle to apply as credit towards your next purchase.
What to watch out for
On the other end of the spectrum, watch out for these limitations:
- Not available in all of Canada. At the moment, CarDoor is only available in the Greater Toronto Area.
- Only used cars are available. CarDoor only has an inventory of used cars to choose from, so you’ll need to look elsewhere if you want a new vehicle.
- Interest rates aren’t posted online. CarDoor doesn’t provide its APR ranges on its website but it says interest rates start at 4%.
Compare car loans
How do I apply?
If you’re ready to apply for a CarDoor car loan, follow these steps:
- Head to the CarDoor homepage to start your application. Then click on “Financing”. On the next page, click on “Apply for Financing”.
- Start your application by plugging in details, such as your name, address, email and phone number. You’ll also be asked for the trade-in value if you have a car you’d like to trade in, your down payment and your ideal loan length.
- You can also apply by choosing which car you’d like to finance first. Click on “Search Vehicles”, make your selection, then click on “Home Test Drive” and fill in the prompts with your full name, email and postal code.
- With either option, a CarDoor representative will contact you to help you finalize your financing application.
What documents do I need to apply?
When your vehicle is delivered to your home, you’ll need to provide the following:
- A void cheque or direct deposit form for the bank account you want your payments to come from
- A copy of your new insurance faxed
- A valid driver’s licence
I got a car through CarDoor, now what?
Use the 14-day money back guarantee to test drive your new purchase to make sure you’re happy with it. If you aren’t you can contact CarDoor to request a refund. You also have a 60-day window to exchange your vehicle.
If you’re financing your car, you’ll work with a CarDoor loan specialist to define the details of your payment plan. Make sure you mark your payment due dates on your calendar to avoid any late or missed payments.
