Courtenay Nissan
535 Silverdale Crescent, Courtenay, BC, V9N 4B4
250 338-1988
 

Financing your next vehicle
made simple.

Financing doesn't have to be confusing. Learn how payments, rates, credit, trade-ins and down payments work before you make your next move.

Get Pre-Approved
Before You Buy

Know your options.
Shop with confidence.

Whether you're buying your first vehicle, upgrading your current ride or rebuilding your credit, understanding your financing options can make the buying process much easier.

Finance 101

The questions we hear most.

Here's what you should know before sitting down with the finance team.

01

Financing vs. Leasing

Financing is designed for ownership, while leasing gives you the ability to drive a vehicle for an agreed term and mileage. We'll help you determine which makes sense for you.

02

How Nissan Financing Works

Your vehicle, down payment, loan term, credit profile and approved interest rate all come together to determine your financing and payment.

03

How Much Should I Put Down?

A larger down payment can reduce the amount you borrow, but it isn't necessarily required. Depending on approval, $0 down may also be an option.

04

How Long Should I Finance?

Shorter terms typically mean higher payments and less interest over time, while longer terms can lower payments while increasing the overall cost of borrowing.

05

Monthly vs. Biweekly

Payment frequency can make a difference in how your vehicle fits into your budget. Choose the schedule that works best with how you receive your income.

06

What Affects Your Rate?

Credit history, vehicle, loan amount, term and lender requirements can all play a role in determining your approved rate.

07

Trade-In + Financing

Your current vehicle can be part of your financing plan. The value of your trade may reduce the amount you need to finance.

08

$0 Down

You may not need a large down payment. Depending on your application and lender approval, $0 down financing may be available.

09

Bad or Limited Credit

A less-than-perfect or limited credit history doesn't automatically mean you're out of options. Talk to our finance team about your situation.

10

First-Time Buyers

Buying your first vehicle? We'll help explain the process, your payment options and what to expect from application through delivery.

Finance

Own the road ahead.

When you finance a vehicle, your payments go toward paying down the loan. Once your loan is paid off, the vehicle is yours.

Financing can be a great option if you plan to keep your vehicle for the long term and want to build equity as you make payments.

Which Is Right For You?

Finance or lease?

There isn't one answer for everyone. Your driving habits, budget and plans for the vehicle all matter.

Finance

Built around vehicle ownership.

  • Payments toward ownership
  • No lease mileage allowance
  • Keep the vehicle after the loan
  • Build equity over time
  • Ideal for long-term ownership

Lease

Built around driving a newer vehicle for a set term.

  • Agreed lease term
  • Agreed mileage allowance
  • Drive a newer vehicle
  • Options at lease maturity
  • Can suit shorter vehicle cycles
Your Trade-In

Your current vehicle could help.

Trading in your current vehicle can be part of your overall financing strategy. The value of your trade may reduce the amount you need to finance on your next vehicle.

Value My Trade
Every Situation Is Different

Credit isn't the end of the conversation.

Whether you're a first-time buyer, have limited credit or are working to rebuild your credit history, our finance team can help you understand what options may be available.

Start Your Application
The Process

Financing in four steps.

1

Choose Your Vehicle

Find the Nissan or pre-owned vehicle that's right for you.

2

Apply

Complete a finance application so your situation can be reviewed.

3

Compare Options

Review your available rates, terms and payment options.

4

Drive Away

Once everything is finalized, it's time to enjoy your new vehicle.

Don't Know Where To Start?

Start with your
pre-approval.

Get a better understanding of your financing options before you choose your vehicle. It only takes a few steps to get started.

Get Pre-Approved
Finance FAQ

Still have questions?

Can I finance with $0 down?

Depending on your application, vehicle and lender requirements, $0 down financing may be available.

Can I get financed with bad credit?

Credit requirements vary. Our finance team can review your situation and discuss potential options.

Is biweekly better than monthly?

Neither is automatically better. The right payment frequency depends on your income and personal budget.

Can I trade in my vehicle and finance another?

Yes. Your trade-in can be included as part of the transaction and may reduce the amount you need to finance.

What if I'm buying my first vehicle?

That's exactly what our finance team is here for. We'll explain the process and help you understand your options.

Courtenay Nissan

Ready to make
your move?

Take the first step toward your next vehicle. Get pre-approved and let our finance team help you find an option that fits your budget.

Get Pre-Approved
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