“We are incredibly pleased to announce this transformational
milestone in Vicinity’s evolution as a leading commercial EV
manufacturer,” said William Trainer, Chief Executive Officer of
Vicinity Motor Corp. “Today’s PO validates the years of
innovation and development we have invested in expanding our
capabilities beyond transit buses and into the commercial truck
market. We have increased our credit facilities to accommodate
this order and I am confident in our ability to fulfill this PO on-
schedule in 2023.
“We started manufacturing this vehicle in Canada and expect to
shift to our new facility in Ferndale, Washington, which can
accommodate both buses and trucks, by year-end. Given the
simplified assembly of the VMC 1200 as compared to a transit
bus, Ferndale truck capacity could reach 10,000 vehicles per
year. Due to the fact we are not facing significant pressures in
the VMC 1200 supply chain specifically, the VMC 1200 will
prove to be a significant contributor to our 2023 revenue growth
and profitability – enabling our goal of creating sustainable, long-
term value creation for our shareholders,” concluded Trainer.
Ray Van Empel of Pioneer Auto Group added: “We continue to
see intense customer demand for class 3 commercial EVs, a
segment that was largely unfilled prior to the arrival of the VMC
1200. This purchase order is a clear sign of our confidence not
only in our sales capabilities at Pioneer Auto Group, but in the
superiority of Vicinity’s product. Given the wide array of federal
and province level incentives for the adoption of electric vehicles,
the VMC 1200 is truly a no brainer to buyers from a
financial perspective. I look forward to taking delivery of our first
VMC 1200 vehicles in the months ahead, assembled right here
in British Columbia.”
Buying your first car can be one of the most exciting and yet daunting tasks of your life. If you have never taken out any kind of loan before, it can seem nearly impossible to get a car loan. Without a credit history, many banks and other financial lenders may be hesitant to fund your car purchase because they do not have a track record to go off of. One simple way to increase your chances of first time car financing is to have a co-signer on the car loan with you.
Many young or inexperienced borrows are able to get a car loan because they have a co-signer. A co-signer is generally a family member like a parent or someone else close to you that has an established credit score. By signing a car loan agreement, this individual agrees to make payments if you, the original debtor, default on any payments. Because of the risk involved in this, you will need to find a co-signer who trusts your ability to make all of your payments and who has the ability to make payments if you cannot.
If you choose to have a co-signer on the care loan with you, it is better for the co-signer to have a positive credit sore than a negative credit score. If his or her credit score is poor, it may be better to rely on your own absence of a credit score rather than their score. The reason for this is because the lender divides his or her risk between the first time car buyer and the co-signer. You can increase your chances of first time car financing by showing potential lenders that you or your co-signer will fulfill all payment obligations.
Don’t let your lack of a credit history keep you from purchasing your first car. Put potential lenders more at ease and improve your chances of first time car financing by asking a family member or trusted friend to be your co-signer.
Getting a car loan should not be a stressful experience. Even if you have no credit or poor credit, you can still get financed. There are places that can give you an easy car financing experience and make it a pleasure to do business with them.
Most everyone needs a car. We need cars to get to our jobs, banks, stores and other places in our day to day lives. In today’s economy, many people’s credit is suffering. That should not be a reason they don’t get a car loan. They need a chance to rebuild their credit and getting financed for a car is a great way to do that.
There are many companies that can make getting a loan for a car easy. Companies that offer special rebates and incentives. Companies that will have multiple financing options so you can find the one that works best for you and your budget. A good lender or dealer will help the financing process move smoothly and quickly so you can get into the car you want right away.
So how can you find a company that can finance you easily? Look for companies that offer no hassle loans with no strings attached. A good company will simply give you an auto loan and not try to sell you anything else or get you deeper into debt than you need to be. They should be sincere and genuine in wanting to help you get financed easily. If they give you the run around and make the process seem more complicated than it needs to be, you may not be dealing with a good company so shop around and compare different offers and options.
Pioneer Motor Group can help you get easy car financing, you will not have to worry about not having any credit or having bad credit. They will be able to take you through the necessary steps to still get financed and to get on the road today.
Our customers have several options when looking for a used vehicle. For those who are unable to pay the full cost upfront, financing or leasing are two of the most popular ways to take home the car they’re looking for today. While leasing is an excellent choice for many, car financing is a surefire way to secure affordable monthly payments while ensuring that the vehicle is yours to keep at the end of its term.
Our dealership prides itself on having some of the best financing options in the industry. We also understand that the prospect of purchasing a vehicle can be intimidating for many. So it’s very important for us to make sure that our customers are completely comfortable before signing on the dotted line. As such, you can count on our team of trained car sales professionals to help you explore all the options when it comes to securing the financing that’s right for you.
Once you’ve selected a vehicle and sat down with one of us, we’ll immediately begin guiding you through the financing terms and options at your disposal. For customers who are concerned about monthly payments, we’ll be happy to explore flexible terms to help them pinpoint a monthly payment that will fit within their budget. We also have several down payment options for those who may not have a considerable amount of money to invest upfront.
We know your time is valuable, and many of our customers can count on quick credit approvals upon submitting an application for financing. We’ll also help you set up a payment schedule so that your payments become due on a date that works best for you. At the end of the day, nothing would make us happier than to help you find the best car and financing terms in the industry.
Choosing to finance a used car is a decision that should not be taken lightly, and it is our privilege to help and guide you through the decision-making process. Contact or visit us today to find out if car financing is right for you!
Buying used is often a wise move when it comes to getting a car. Not only does it get you access to the vital resource that is reliable transportation, it saves money as well. Of course, a big purchase like this requires careful consideration. It is possible to avoid the common fears of used car buyers by doing your homework. These are some tips for finding quality used vehicles.
First, it helps to start by looking at online listings to find the type of car you want to buy. Each make and model has something different to offer, whether you are looking for good MPG, four wheel drive or lots of cargo space. Shopping around will help you narrow things down. Set a budget for yourself and work to stay within it. Your mind can run wild with possibilities when looking for quality used vehicles.
Knowing your price ranger will make it harder for a salesperson to talk you into something you don’t want. It may also be possible to negotiate. Many used car dealers are prepared for this, and the price is not set in stone. You can also enlist the help of family and friends. It is often a good idea to take along someone who knows a few things about cars. They can help you spot potential problems, ride with you on test drives and point out what to avoid and what to go for.
Cars are an important part of our lives. They make it possible to do so many things, and give their owners easier lives in a lot of ways. The cost can deter some people, but buying used is a great, cost effective way to go. You may soon find there are more benefits that just the lowered cost. Following these tips can make it easy for anyone to find quality used vehicles in their area.
When you need to buy a car fast, but your finances are not in the order that you wish them to be, it can seem like you are in something of a difficult situation. This is made even more true if you do not have a credit score that allows you to take out the loans that you require. Luckily, all hope is not lost. The best way for you to move forward at a time like this and still get what you need is by researching bad credit car loans. There are many ways that these financing options can help.
Essentially, these loans are exactly the same as any other kind of loan that you might take. The main difference is that your credit score will not be the same obstacle that it is when you are trying to take a loan out from other institutions. Instead, the score will be factored into the terms and conditions of your loan. Typically, the lower your score, the higher the interest rate will be. While this might seem daunting, it is important to understand that bad credit car loans are short term, and the interest rates reflect the schedule of repayment.
The one benefit that rises above all others in regards to this type of loan is that you are able to get the car that you need without much of a hassle. Instead of having to spend years getting your score back in a good place before purchasing a car, you are able to expedite the process by finding a financing option that works with you. This means that you will be able to get your bad credit car loans, get your car and get to repaying your loan in no time at all.
Though you might not always be able to get ahead the way that you wish in life, there are still plenty of options worth considering. Take a look at what bad credit car loans can for you and get ready to make a huge change in your life.
If you have bad credit, you may assume that purchasing a new vehicle is out of the question. It’s not. Many lenders offer bad credit car loans to people with low credit scores. Though the rates are higher than traditional auto loans, they are ideal for individuals who need a reliable vehicle but who cannot spend months fixing their damaged credit score. With that said, there are three mistakes to avoid when financing a vehicle with bad credit:
Providing Wrong Information
Too many people over exaggerate their income and downplay their expenses to achieve better rates. Don’t do this. Dealerships are meticulous when it comes to checking a person’s information. They want documents verifying income, bank statements verifying expenditures and a list of references. If you somehow slip through the cracks, you’ll be stuck with a loan you can’t really afford, thereby risking your credit score even more.
Underestimating Your Creditworthiness
Don’t just assume that you have bad credit. If you’ve been working on building your credit through secured credit cards, you may have better credit than you though. Check your credit score before heading to the dealer. If you go in blind, they get to define your creditworthiness, and they might not be honest about the information they turn up. Get copies of your reports and research what others in your score range are qualifying for to avoid having a fast one pulled over on you.
Longer bad credit car loans might seem ideal because they come with lower monthly payments, but they may end up costing you more in the long run. If the vehicle’s total combined with the high-interest rates mean that you need to increase the term just to afford the payments, you cannot afford the car. At this point in your life, you don’t need a nice car—you just need a car to get you from point A to point B.
Bad credit car loans are a great option if you need transportation today and cannot wait until your credit score has been restored. However, be careful when working with bad credit lenders, and use the above advice to obtain the financing you can reasonably afford.
There are a lot of things that might make people worry about purchasing cars from an individual they don’t know. You don’t really know how the vehicle has been treated by that previous owner. You can’t be completely confident that the car will continue to run after you’ve handed your money over. You also have no guarantee that the vehicle hasn’t been doctored in some way to make it appear like it’s in great shape when it’s really a lemon camouflaged to look like a peach. You really face quite a few risks when you purchase used cars from private individuals. This isn’t the only reason to come into our dealership when you want to buy a previously owned automobile, though.
One of the biggest benefits to buying used cars through dealerships is the resulting access to knowledgeable professionals who can provide repairs and maintenance for the vehicle, long after the transaction has been completed. If you aren’t handy with the mechanical aspects of automobiles, then you will need to have a reliable shop. You can rest assured that this technical knowledge will be put to good use even before you make a purchase. Dealerships have technicians employed to inspect vehicles, identify problem areas, and resolve those issues before the cars are put up for sale. Another great reason to buy through a trustworthy dealership is the potential for some significant time savings. Who really has time to go through the newspaper (or multiple papers) reading through all of the listings offering vehicles for sale. Once you’ve narrowed down the choices, the hard work has just begun. You’ll have to phone or visit each of those sellers, test drive the vehicle, and go through negotiations just hoping that you’ve made a good decision. How much simpler is it to browse through a large selection of quality used vehicles at one location? If financing is offered onsite, then you’ll be in and out after a few hours rather than several days.
Onsite financing is the third wonderful advantage to working with a dealership. In some cases, there will be professionals available who can help buyers with bad credit or no credit. This is a great boon to many individuals who don’t have enough cash on hand to buy a vehicle outright. As many borrowers have suffered financially in recent years, those professionals who specialize in bad credit loans will be especially welcome.
Finally, dealers have a vested interest in making sure that customers are satisfied at the end of the transaction. When private individuals sell used cars, they may never have to see the buyer again. When a dealership makes a sale, their reputation is at stake. If they want to continue doing business in the community, then they need to be sure that their services are professional, reliable, and respectable.
The car-buying process can be a challenging one. Not only do you need to pick out something that will suit your needs, but you also must find a dealership with the right selection and with good customer service. Once you’ve accomplished these thing, then it’s time to decide whether to lease or finance your new car. Financing offers many benefits that you won’t get with a lease.
Sell When You Want
Have you ever purchase something you thought would be great, but it turned out you didn’t care much for it? If you grow to dislike like your car, if you have a loan, you can look to sell it to someone else. However, with a lease, you must keep the car until the lease is up. Car loans offer this flexibility and freedom.
Rack up the Kilometres
While some people own multiple cars and can keep their mileage down on individual vehicles, if you only have one car, it’s likely that you’ll use it for all of your needs and put a lot of mileage on it. If you’re in this boat, a lease isn’t your best choice. When you lease, your dealer will put a cap on the total number of kilometres you can drive per month or year. On the other hand, financing a new car allows you to drive all you want without penalty.
Modify Your Vehicle
When you buy something, it’s nice to make it look and feel like you and to give your unique personality. You can do this with car loans because you’re free to make any changes or additions to the car you see fit. Whether you want to add custom wheels or add a lift, you’re fee to do so. You can’t do anything to your leased vehicle.
If you’re having trouble deciding whether to finance or lease, consider these pros to getting a loan. Get one today, and you’ll get the car you want.
When faced with car troubles or the preventative maintenance to combat them, choosing your mechanic can be a very important decision. For those who love their cars, there are certain criteria that their auto repair company should meet. Here, we have trained professionals who look out for the customers’ needs before anything else, and provide wonderful customer care as well as great car service. While our dealership might be one among many, there are a few key features that help to set us apart from the rest.
Servicing Any Brand
There are dozens, perhaps even hundreds, of brands of cars on the market today, and our company provides great car service for them all. With our well-trained mechanics, customers can rest assured that their car is receiving the best specialized care available for their particular make and model. Older cars and new ones alike have special needs, and here we have the tech and know-how to cater to them all.
Check Credentials and Certification
Before taking your car or truck to any mechanic, the owners should be sure to check that the company and mechanics both meet the professional requirements to provide great car service. All of our mechanics here are certified and have the experience required to handle nearly any automobile-related issue that they are presented with. If a potential customer needs further convincing of the professional nature of the company, they are free to look on any number of comments from previous clients on review websites as well as the Better Business Bureau in order to confirm that our customer service and knowledge of vehicles is up to par, and that we treat our customers as valuable parts of our company.
While our business might be one car repair dealer among many, this is not a case of “a dime a dozen.” We offer professional services and treatment along with a hassle-free experience that is unparalleled by surrounding competitors, and have just the right mechanic for any customer or car thrown our way.