Car loans in Newfoundland & Labrador

20,192 Approved Customers in Newfoundland & Labrador

Driving in Newfoundland & Labrador

Newfoundland & Labrador is a very young province. However, you can find on its grounds the oldest settlement in North America. To see the entire territory of the province, you need to use not only cars but also numerous ferries which run on a regular basis. It is worth it because NL has a charming and truly unique nature. We highly recommend that you visit this province for the opportunity to learn more about the country and culture that originated in Canada a few centuries ago. For current residents, a vehicle is a necessity.

At Car loans 411 you can get approved for an auto loan in the blink of an eye, and drive off in your new vehicle before you know it.

Newfoundland & Labrador Flag

For all car buyers in the province of Newfoundland & Labrador that are buying or leasing a new car, they will be protected under the Motor Vehicle Act. In the event of unforeseen circumstances, they can dispute certain clauses of their contract or any defects that were discovered in their new vehicle.


Newfoundland & Labrador in 2016

Gas Icon
Card Icon
Chart Icon
SOLD IN 2016

Things to consider for a new car purchase in Newfoundland & Labrador

No cooling-off period or unwritten cancellation right

As soon as you put your signature on the contract, the vehicle becomes under your control. Be sure to discuss with the dealer all issues about potential refunds or exchanges in case of any problems. Never pay a deposit in advance if you are not planning to finish the transaction.

Always ask for the copy of your receipt for the vehicle warranty

If your vehicle has a warranty, always ask the dealer to print you a copy of the receipt. Never accept verbal promises from the seller, always get them in writing. Also, you should know in advance about the availability of certain parts for a car or services. This is especially true for rare models of vehicles, which are less available on the market in Canada.

All inclusive price for all kind of advertised vehicles

All dealers in Newfoundland & Labrador are responsible for the promotion of the advertised vehicles to indicate the final price to be paid by the buyer excluding federal and provincial tax. If the dealer offers additional options or services during the contract signing, be sure to check if they are part of the final cost. Some sellers might put monthly subscriptions or extra fees into the price tag (for which you won't pay during the first month), so read the document twice before signing.

Disputes during after discovering a manufacturing defect

If you are using a new vehicle and find a manufacturing defect, you may contact the nearest CAMVAP office to begin the dispute. You will need to prove that the cause of the failure was the mistake of the manufacturer, and it's not your fault. In the event of a successful challenge, the manufacturer is obliged to replace the defective part promptly.

Checklist for vehicle purchases in Newfoundland & Labrador

For residents in Newfoundland & Labrador that are thinking of purchasing a vehicle, we recommend reviewing this buyer’s checklist:

Understand your financial obligations with a proper budget while conducting research on different models from various dealerships.

Review the information within your contract and make sure you have knowledge about any deposits that you are requested to leave.

It is important to request that the dealer provides any promises in writing during the negotiation phase.

Make sure you are familiar with the details of the purchase agreement before signing. It is very important to understand and read it thoroughly, so take your time and ask questions if you aren't sure.

Be sure to read through all the fine print so you do not miss any important details.

Ask the dealer or salesperson for copies of the signed document and keep them in a secure spot in case you need reference them in the future.

Looking to get a car?