Category:Finance Archives | West Edmonton Mall Toyota
5 Credit Mistakes To Avoid in 2021
Before you start thinking about shopping for a new car, we recommend thinking about the car loan first. Ideally, you want the best car loan available which means getting the lowest interest rate possible. The better your credit score is, the better the car loan you will get. That is why we […]
Leasing a New Toyota Explained
Do you want to lease a new Toyota? Are you not sure how leasing works or how leasing is different from financing a new vehicle? This blog post will explain what leasing is, the benefits, and how you can lease a new Toyota. What is a New Car Lease? When you […]
How To Finance Your Next Toyota
 Whether you're a first-time car buyer or on your third vehicle, you want to make sure your money is being spent wisely. You want a vehicle within your budget and payments you can afford to make without leaving you broke each month. So how do you choose the right car loan? Buying […]
FREQUENTLY ASKED CAR LOAN QUESTIONS
If you are applying for a new car loan and have questions about the process, you are not alone. Almost 70% of Canadians report having questions about things like zero per cent loans, down payments, interest rates, credit problems, and more. At Mayfield Toyota, we have a rock solid team of Finance Experts […]
SHOULD I USE MY LINE OF CREDIT TO BUY A NEW CAR?
Customers often ask us if it’s a good idea to use their line of credit to pay for a new vehicle loan. We typically don’t recommend it. Here’s why. Reasons NOT to Use Your Line of Credit to Buy a Car #1 Most secured lines of credit use your home as […]
5 REASONS TO TRADE IN YOUR VEHICLE
 When is the best time to trade in my vehicle? Why should I trade in my car? Can I trade in my truck and get lower payments? Who should I trade in my car to?These are all great questions! Luckily, we have answers. More people are choosing to trade in their vehicles […]
DO I QUALIFY FOR A CAR LOAN?
Are you a first-time car buyer in Edmonton, Alberta? Do you have questions about vehicle financing? Do you want to know if you qualify for a car loan? Mayfield Toyota can help!This post will explain the things lenders look at before you can be approved for vehicle financing. We’ll also explain what you need […]