Finance

Why should you finance your next vehicle?

If your goal is to own a nicer newer car our For the People credit approval process is easier than you think.

How much can I be approved for?

Your approval is based on many factors but the process doesn't have to be scary or daunting. Our credit specialists will be pleased to answer any questions that will help get you on the road. To get you started, complete our online application.

How long does the approval take?

The approval process can be very quick and easy, even within minutes, filling out the online application will speed up the process. The more information you have could positively impact approval time. Some items like pay stubs, job history, Drivers license and Social Insurance Number may be asked for.

How much do I need for an initial deposit or cash down?

This depends on your specific circumstances; however, we will always try to get you on the road using $0 for down payment (O.A.C.*). 

What are the monthly payments and interest rate?

Each customer's loan application is reviewed for affordability. We do a budget analysis with each customer and an affordable monthly payment amount is provided that is designed for your needs.  Rates start as low as 0.99%. We work with 11 of the largest lending institutes.  Interest rates are impacted by lender promotions and individual credit history.

I want to shop around to get the best possible rate. Is this good or bad?

Shopping around your credit (meaning having multiple dealerships check your credit history or score) is the worst possible thing to do to your credit. McFadden Honda has access to numerous lending institutions and we'll do our best to get you approved with the best possible rate guaranteed.

I'm currently in a high interest car loan. Can you help drop my payments?

We will assess your situation and often time our For the People credit approval process can drop your payment and also get you into a newer car or truck. 

OUR FINANCE TEAM

Every customer gets a quality and VIP experience that they deserve. We believe in total transparency, so you can be confident about your purchase with us. You dictate the car shopping experience by seeing our dealer cost and determine a mutually agreeable profit margin. We DO NOT have any documentation fees, security fees or hidden charges. Our family-friendly business is committed to providing the highest customer satisfaction possible without any hassle or stress.

GREG FLOM / GENERAL MANAGER

What do I do for fun? Hiking or fishing with family. Taking my Harley up to Waterton.

NEIL BREES / GENERAL SALES MANAGER

What do I do for fun? Spending time with my family. Playing Golf whenever I get the chance.

LESLIE PARADEE / FINANCE MANAGER

What do I do for fun? Taking trips with the family or going out with friends.

JASON LOGAN / JR FINANCE MANAGER

What do I do for fun? Spending time with family & friends. Golfing if I get the chance.

OUR LENDERS

With a broad variety of lenders and access to even more financing options, we can help you get into a nicer newer vehicle today.

OUR MISSION

As Lethbridge's Dealer for the People our mission is to help everyone, regardless of past credit mistakes, own a nicer newer vehicle today!

Christel in her 2016 civic Instagram
Tika & Tulesha - 2017 CRV Touring - Insta
Gerry and Apple - 2016 Odyssey instagram
teri sid and jackie odyssey Instagram
kori-lee in her 2016 cr-v instagram
stan-and-phyllis Instagram

CONTACT US

OUR LOCATION

3405-2nd Avenue South

Lethbridge, AB, T1J4V1

Canada

CONTACT US