Auto Source Financial is a Canadian Financial Firm that assits people with No credit or Bad Credit Obtain Vehicle Finanicng. We Specialize in New Immigrants and Foreign Student Vehicle Loans.
Have you moved to BC recently, or are in the process of moving? Relocating is exciting, but it also has its challenges. Whether you are going to be in Vancouver or the Okanagan, the information provided in the links below will help make the transition easier.
Vehicles and Driving
Obtaining a BC Driver's License
If you are new to BC and drive a vehicle, you need to obtain a BC driver's licence within 90 days after relocation. It is best to apply for your BC driver's licence well within 90 days of moving to BC. For complete details, please visit the
Insurance Corporation of BC website: http://www.icbc.com
Auto Loans
Most Canadian banks will not authorize a loan for a vehicle until an applicant is
A landed immigrant. Most Automobile companies in BC offer again only Bank Financing, however Auto Source Finance can get you a Vehicle Loan. Auto Source Finance works with you to acquire the Vehicle loan you need. With No Credit in Canada
Vehicle Insurance
The Insurance Corporation of British Columbia (ICBC) is a provincial Crown
Corporation that provides basic and optional insurance to BC motorists. Vehicle insurance premiums can be reduced up to 40%, however, if you can provide proof that you have not had an at-fault claim for eight years prior to seeking ICBC coverage. If you are new to the province, you can qualify for these claim-rated scale discounts.
You will need a letter from your previous insurance company(ies) on company letterhead verifying your claims history for up to 8 years before your move here. The letter(s) must include:
* The name of the policy holder
* The names of any listed drivers on the policy
* The policy number
* The period of time during which you had coverage, and the dates of any at-fault claims
Give the letter(s) to your Autoplan broker when you apply for your insurance. If you are returning to BC after having lived here at some other time since 1983, your claims history here will also be considered, along with your more recent history. For locations and more information, please visit: www.icbc.com.
Credit Cards
Most Canadian credit card companies have policies that bar people from
Obtaining credit cards until they are landed immigrants. If you require a Credit Card Auto Source Financial can help you secure a credit card in a few days
For more information about Car Leasing for New Immigrants or Foreign Students in Canada visit www.autosourcefinancial.com. Auto Source specializes in all makes leasing and Car, Truck and SUV loans for people with No Credit, Bad Credit in Canada.
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