What is a Sub-Prime Automotive Loan?

A subprime auto loan is a loan made to an individual with a poor credit history or low credit score.

What is considered a Sub-Prime credit score?

Anything below 619 is considered a Sub-Prime credit score. Our Credit Specialists are here to advice you into an affordable auto loan made perfectly for your budget.

Who do our Credit Specialists primarily work with?

  • Bankruptcy
  • New to Canada
  • Self Employed
  • No/Bad credit

What are Sub-Prime Automotive Loan Options?

In-House Financing:

In-house financing means that you borrow directly from our dealership rather than a financial institution and make loan and interest payments to us. In-house financing typically leads to easier approvals, more flexible interest rates, and credit building opportunities.

Why Choose In-House Financing?

In-house financing is a great option if you do not qualify for traditional financing through a bank. In-house financing allows you to work directly with our Credit Specialists to find flexible and affordable payments within your budget.


If you have a current auto loan and are looking to get into a new vehicle, Sherwood Buick GMC offers re-financing. This means we can replace your current auto loan with new terms, to get you into a vehicle that better suits your needs. Our Credit Specialists can look into your payments, interest rates, etc. and restructure the loan so that it’s easy for you to maintain and pay back.

What if I have bad/no credit?

Our Credit Specialists work with all credit scores, including no credit. We go beyond your credit score to consider factors such as current debt, spending habits, and lending risks to get you approved for an auto loan.

Have more questions?

Inquire with us today and our Credit Specialists will be happy to help you!

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Sherwood Buick GMC is located at: 10 Automall Rd • Sherwood Park, AB T8H 2N1
Sherwood Buick GMC 53.545117, -113.325478.