Financing

Ocean Park Ford Sales Surrey

Ford Car Financing Options in Surrey, BC

Car financing doesn't have to be difficult or confusing: get auto financing explained by the experts at Ocean Park Ford and be confident that you are truly getting a comprehensive financing rate in Surrey. Our flexible Ford financing options give you the financial freedom you want while making it possible to own the vehicle of your dreams.

  • Do you want cheap car loans in Surrey?
  • Do you want to refinance an existing loan?
  • Need car loans for bad credit?
Ocean Park Ford is your one-stop car financing solution in Surrey. We offer a comprehensive credit-rebuilding program for customers with bad credit, as well as options for customers with low credit or no credit. We have approved customers from across British Columbia including Surrey, Richmond, Langley and White Rock.

Do you have good credit?

Our Ford financing options will help you get low percent financing rates on your next vehicle. We work with many of the major financial institutions in the area to secure you the best rate possible, and we offer very competitive rates.
Do you have bad credit or low credit?
We offer a number of auto financing options including bad credit car loans that will get you back on the road and moving towards good credit. We make car financing with bad credit possible even if other financial institutions have turned you down. Don't lose hope. Apply for credit at Ocean Park Ford in Surrey and get on the road today!

Finance Process


The Finance Process is simple when you get it explained by the experts at Ocean Park Ford. There are three simple steps to getting the financing process started and we will guide you through the rest of the process when you talk to our finance professionals.
1. The first step is to Build & Price the vehicle of your dreams and estimate your payments online.
2. Fill out our online car credit application to get pre-approved for car financing.
3. One of our Finance Representatives will contact you to arrange an appointment and take you through the next steps.
Once you are approved for financing you can browse our online inventory for a vehicle, or visit our dealership in person to have us find a vehicle on our lot that matches your desires. Once you finalize the details in person, you can make your purchase and drive away in your new car!
Car Credit Application

Take the first step towards your next vehicle: Fill out our online car credit application now and get on the road! An Ocean Park Ford representative will contact you via your preferred method of contact to arrange a time to meet and finalize details.

Ocean Park Ford has a few tips to help you through the process:
Maximizing your Budget

Whether this is your first time buying a vehicle, or you are a veteran of process, we know that you want to make the most of your budget. These tips will also help if you have a poor or low credit history:

1. Choose an Affordable Vehicle

While you might want to buy the new Ford Shelby Mustang, you may find a new Focus is more realistic for your budget. Use our online payment calculators or talk to one of our Sales Consultants to find the vehicle that works for you.
2. Put Down the Maximum Down Payment
By increasing the initial down payment on your vehicle you can reduce your monthly payments as well as the total interest that you will have to pay on your new vehicle. If you have poor credit this will also increase your chance of initial approval.
3. Trade in Your Old Vehicle
Take advantage of Ocean Park Ford's free appraisal service and see what your current vehicle is worth. Putting it towards a new model can reduce your payments and there are a number of other advantages to trading in your vehicle as opposed to selling it privately.
4. Provide Accurate Information
To ensure that Ocean Park Ford gets you the best rate available, try to be as accurate as possible in your application.
Your Credit Score

Your credit score helps financial institutions and car dealerships like Ocean Park Ford determine the risk in financing you purchase if a vehicle or other item. A higher credit score indicated a lower risk, and will generally make it possible to offer you a lower financing rate. The number on your credit score ranges from 350 to about 850 (higher is better). Your credit score is calculated by using a number of factors including whether you have a history of making payments on time, your current debt load, as well as public records including liens, judgments, etc.

Finding out your credit score is easy. Contact either of the two major credit reporting agencies in Canada and they will provide you with a detailed credit report:
While generating your own credit report is not a required part of the car financing process, it will provide an insight into your current credit situation and help you make an informed decision on your purchase.
FAQ

Why Choose auto financing with Ocean Park Ford?
The car financing process at Ocean Park Ford offers a wide selection of features that can be adjusted to your budget and individual needs. We offer fast, effective service and strive for near 100% approval for our customers.
How does financing with Ocean Park Ford work?
Ocean Park Ford's finance process is simple: build & price the vehicle of your dreams, submit your online car credit application for pre-approval, and then arrange an appointment with one of our Finance Representatives to finalize details, go through available finance plans, and find your chosen vehicle in our inventory.
Can I apply for financing online?
Yes! All you need to do to get started is fill out our convenient online car credit application to get started. You can also contact a sales representative from our dealership to arrange a time to meet in person.
How do you determine if I get approved?
A number of factors come into play when we are approving our customers for credit. These include credit history, employment record, income information and the details of the vehicle that you are planning to finance. Initial down payment is also a factor that can improve your chance of being approved.
What is my credit score?
Your credit score is a measure of the risk that a financial institution will take on by financing your purchase. The higher your credit score is, the better chance you have of being approved for car financing right away.
Where can I find my credit history?
Canada's primary credit-reporting agencies will provide you with a report of your full credit history including details on your credit score. You can contact them online or by phone:
  • Equifax: Toll-free number: 1-800-465-7166
  • TransUnion: Toll-free number: 1-800-663-9980
I have a high credit score. What can Ocean Park Ford do for me?
Customers with good credit have access to our most competitive terms and rates for new and pre-owned vehicles, such as 0% financing and other low percent financing rates depending on current promotions.
My credit score is poor. What can Ocean Park Ford do for me?
Ocean Park Ford offers a number of credit rebuilding options to help our customers facing a history of credit challenges that include a variety of financial resources that will help you finance your next vehicle.
What determines my monthly payment?
Past credit history, details of the vehicle you are purchasing, the total value of your down payment, the term of your contract and current market conditions will dictate your finance rate and the subsequent monthly payment that you will make on a vehicle.
Can I still qualify for financing if I have never purchased a vehicle?
Many of Ocean Park Ford's customers were able to qualify for financing on their very first vehicle purchase. Ford offers a number of programs for first-time buyers and our finance professionals can show you what is currently available to help you get in your first vehicle.
How should I budget for my car payment?
The general guideline suggested by most financial institutions is that you spend no more than 15% of your gross monthly income on a car payment.