Step 1

Apply Online

Our easy credit application will get the process started with one of our Credit and Finance Advisors.

Step 2

Approval

Our consultative approach to financing will guide you through the credit rebuilding process and help you rebuild your credit with an auto loan.

Step 3

Drive Away

After your approval, you can drive away in your vehicle that day if you’d like! Thanks to our super simple process, we will get you approved and driving in no time, so you can get back to living the life you want through rebuilding your credit.
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What Makes Us Different

We Are The Bank

We are an in-house financing company that lends our own money, and that makes us different.

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Meet The Team

At legacy Auto Credit you can choose who works for you. Our non commission Credit and Finance Advisors will get you approved and show you vehicle options

Meet The Team

We Deliver

Who knew cars were like pizza. Now you can get our low rate in house financing anywhere in Ontario without having to leave your home.

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Exchange Privilege

We’re sure you’ll be happy with your new purchase, but in case you are not simply bring it back* and we’ll help you exchange it for the right one. (*Some exceptions apply)

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Blog

Learn more about auto finance, bad credit car loans, credit tips & tricks, DIY and the latest in automotive news.

  • Winter Tires and Rims for Safety Sake

    Winter is Coming – Winter Tires and Rims for Safety Sake As the days become shorter and the air chillier it signals the time of year to change your tires from All-season to Winter tires.   Eve...

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  • How Do You Rebuild Your Credit?

    Every day, our team speaks to people from across Ontario who are looking for help rebuilding their credit. There are many reasons why people get into situations where they have bad credit. Sometim...

    Read More

  • Can You Get a Loan With a Credit Score of 580...

      If you have a 580 credit score you may be wondering if it’s possible to get a loan. Learn whether you can get a loan with a credit score of 580 and how to do it. IN THIS POST, WE COVER: C...

    Read More

  • What is Considered Bad Credit?

    What is Considered Bad Credit? Whether it’s a credit card, a car loan or a mortgage, credit is a part of life for most adults. You probably know that credit is important, but you’re not alone ...

    Read More

  • Top Budgeting Apps for Canadians in 2019...

    In this day and age, we’re used to lightning speed technology and getting answers with a swipe of our smartphones. With so many resources at our fingertips, people are moving away from tradition...

    Read More

How is your credit?

Projected Payment

$594.44
$297.22
$148.61
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FAQ

Can I get a car loan after a repossession?

Yes, at Legacy Auto Credit we understand that a repossession is usually the result of an uncontrollable event or situation. Many of our clients have had a previous repossession or will be returning their vehicle to the bank when filing a bankruptcy or consumer proposal.

Will this help me build my credit?

Yes, if you make your payments on time.  Legacy Auto Credit reports your payment history to Equifax monthly.  Over time with on time payments your score will increase.

What is In-House Financing/Leasing?

At Legacy Auto Credit we provide In-House Financing/Leasing.  This means that we provide the funds and then you pay us back.  We can look at your credit situation on a personal level and determine your ability to make payments even if you have bad credit.  We make the final decision on the approval which results in more approvals and better rates.  Our interest rates for Consumer Proposal and Bankruptcy customers start at 7.99% oac on new cars.

What if I have been turned down before?

We see many people that have been previously turned down due to several reasons which have included, poor payment history, not enough time on the job, too much debt and non-garnishable income.   With our In-House program we look at your income, expenses and debts that would be causing the turn downs and provide you with solutions to get you driving and rebuilding your credit.

If I have filed a bankruptcy or consumer proposal, can I still qualify?

Yes, at Legacy Auto Credit our In-House program was created for bankruptcy and consumer proposal customers.  If you are about to file or have already filed and are not discharged, you can still qualify for our low rate in-house program.  We work with several trustees who see that we truly offer low rates and want you to succeed in rebuilding your credit.  If you are about to file we will work with you to secure a vehicle before filing so that you can be confident in returning your current vehicle that has too much negative equity, has too high of payment or doesn’t suite your needs anymore.  We also report your payments to Equifax which will help re-establish your credit score.

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  • Thorndale
    16662 Thorndale Rd, Thorndale, ON N0M 2P0
    43.0984351
    -81.1667479
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  • Walkerton
    131 Kincardine Road Walkerton ON, N0G 2V0
    44.114790
    -81.150940
    https://www.google.ca/maps/place/131+Kincardine+Hwy,+Walkerton,+ON+N0G+2V0/@44.1148012,-81.153034,17z/data=!3m1!4b1!4m5!3m4!1s0x88299f42e599f551:0x107913568256117!8m2!3d44.1148012!4d-81.1508453
  • Waterloo
    609 King Street North Waterloo ON, N2V 2N3
    43.5030958
    -80.5378514
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