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After your car is delivered, you have a 14-day money back guarantee so you can test drive the vehicle for up to 750km.
6.99%
Interest Rate
$110,000
Max. Loan Amount
N/A
Min. Credit Score
Shopping for a used car? CarDoor is an online vehicle buying platform where you can find your dream vehicle and apply for auto financing completely online.
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.
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.
To be eligible for financing via CarDoor, you’ll need to meet the following criteria:
When your vehicle is delivered to your home, you’ll also need to provide the following:
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.
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.
Online shopping for a car is novel and comes with great perks, including:
On the other end of the spectrum, watch out for these limitations:
If you’re ready to apply for a CarDoor car loan, follow these steps:
When your vehicle is delivered to your home, you’ll need to provide the following:
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.
If you’re looking for more information, the latest news, or just want to check out CarDoor for yourself, you can connect to its social media pages on LinkedIn, Facebook, Twitter and Instagram.