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 […]

   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 […]

  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 […]