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Secure Used Car Financing Approval in Minutes!

At Lebada Motors, we are your trusted used car dealership serving Cambridge and the Kitchener-Waterloo area. With over two decades of experience, we specialize in providing used car financing solutions for every credit type, ensuring that everyone has the opportunity to drive a quality vehicle. Our extensive inventory features a diverse selection of second-hand cars from top brands, all meticulously inspected to meet our high standards.

We work with a network of over 10 lenders to offer competitive rates and flexible terms. Whether you have excellent credit, poor credit, or are a first-time buyer, our auto finance specialists are dedicated to making the financing process straightforward and stress-free. Discover your next vehicle with confidence at Lebada Motors—where we turn your automotive dreams into reality.

#1 Used Car Dealership in Cambridge Today

Sedan

SUV

Truck/Commercial

Minivan/Van

Our Reviews

Jennifer D.

Jennifer D.

Kitchener

Super helpful went above and beyond to find the most affordable payment options, listened to my needs and was very informative

Keegan J.

Keegan J.

Waterloo

Had a great experience! Everyone here was super helpful helping getting into my new Rogue! Thanks again guys for everything!

Jeff P

Jeff P

London

I would highly recommend Lebada motors to anyone that is need of a car they go above and beyond to help customers and help you out in anyway shape or form. I dealt with Alex and he’s definitely A++

Jessica P.

Jessica P.

Kitchener

As a repeat customer for 12 years I would give these guys 10 stars if I could. We recommend Lebada to everyone and anyone. They go above and beyond to highly satisfy their customers. I don’t have one bad thing to say about the staff or their vehicles. Thank you guys for another beautiful vehicle to suit our family needs.

Zandile I.

Zandile I.

Waterloo

Very kind, helpful and efficient staff! I got an awesome deal from them and walked out with a car I absolutely fell in love with. I’d highly recommend Lebada Motors!

Kayla V

Kayla V

Kitchener

Thank you Lebada Motors for your exceptional service! I’m obsessed with my new BMW! You guys are all so hard working and really go above and beyond! Hicham, Petar and Ash all made my experience so comfortable, they were transparent and really got me in a great car. I will be sending everyone here!

Mary G

Mary G

Waterloo

This is my second time buying from Lebada Motors and I couldn’t be happier. Alex, Ash, and Peter were all fantastic. The customer service is consistent, honest, and pressure-free. I’ll definitely keep coming back!

Riddhima G

Riddhima G

London

I recently bought my first car in Canada. Being a student, it was getting difficult to get a car. But, they helped with everything related to the car. A special thanks to Uncle Sam or Sameer and Mr. Alex who helped me with the whole process. The whole process went smoothly and without any issues.

James V

James V

Kitchener

Lebada Motors delivered on everything I needed. The whole team Hicham, Petar, and Ash treated me with real respect and helped me get into a beautiful BMW. Transparent, efficient, and genuinely friendly service. Highly recommend!

David K

David K

Kitchener

Just purchased my second vehicle from Lebada motors.. the customer service I received BOTH times was top notch! Alex, Ash and Peter were all great to deal with! Will always be a returning customer!

Apply for Used Car Financing at Lebada Motors Today!

If you’re searching for a new vehicle and want to secure the best financing rates, let Lebada Motors simplify the process for you. Choose your desired vehicle and complete our quick credit application form—our team will get back to you promptly to discuss your financing options and ensure you get approved for the car you’re interested in.

Prefer a more hands-on experience? Visit Lebada Motors to explore our wide selection of quality vehicles. Our dedicated team is here to help you find the perfect vehicle that suits your lifestyle and budget!

Why Finance with Lebada Motors?

  • Wide Selection of Vehicles: Choose from reliable sedans like the Toyota Camry, rugged SUVs, and powerful trucks by top brands such as Nissan, Dodge, Jeep, GMC, and Ford, all priced competitively.
  • Trusted Since 1999: With over 100 years of combined experience and a 4.6-star customer rating, we are committed to delivering high-quality vehicles and exceptional service.
  • Affordable Financing: Enjoy $0 down options with weekly payments starting at just $39, along with transparent pricing and no hidden fees.
  • Top Lenders & In-House Solutions: We partner with trusted lenders like TD Auto Finance and CIBC while offering in-house financing to meet your needs, no matter your credit history.

How It Works

  • Complete the Car Loan Application: Our quick, secure online application form takes less than 2 minutes to fill out. It’s the first step to getting approved for used car financing.
  • Connect with a Finance Specialist: One of our experienced finance specialists will contact you to discuss your budget and options. Whether you have good credit, bad credit, or no credit, we’ll work to find the right solution for you.
  • Select Your Vehicle: Choose from a wide range of quality used cars. Schedule a test drive and find the vehicle that fits your lifestyle and budget.
  • Drive Away Happy: Get behind the wheel of your new car and enjoy peace of mind. With regular, on-time payments, you’ll also start rebuilding your credit while enjoying your ride.

Start your journey to hassle-free used car financing today!

Why Thousands Trust Lebada Motors for Used Car Financing

At Lebada Motors, we’ve helped over 5,000 customers secure financing since 1999 – from first-time buyers to newcomers to Canada and those rebuilding credit. We understand that everyone’s situation is different, and that’s why we tailor our financing approach for real people with real challenges.

“When I moved to Ontario with no credit history, I was turned away elsewhere. Lebada got me approved and into a safe, reliable car within 24 hours. They made me feel like family.”
– Ravi S., Cambridge

“After my divorce, my credit took a serious hit. I was nervous about applying anywhere. But Lebada didn’t judge – they listened, explained everything, and had me driving a new SUV the same week.”
 – Tanya M., Kitchener

“I had just started a new job and didn’t think I’d qualify for financing. Lebada Motors walked me through my options and found a lender that worked with my budget. I was approved with $0 down.”
– Jordan P., Guelph

Our finance team includes OMVIC-certified professionals with over 50 years of combined experience. We work closely with trusted lenders like TD Auto Finance, Scotiabank, and National Bank to offer you competitive rates, even if your credit is less than perfect.

Meet Our Team:
Andy Lebada, Finance Director – 20+ years in auto finance, OMVIC Certified
 Ash Lebada, Credit Specialist – Expert in rebuilding credit solutions

We’re proud to be rated 4.7/5 stars on Google from over 1,000 verified reviews, and we’ve been BBB accredited for over a decade. Every financing offer comes with clear terms, zero surprises, and access to our 12-day money-back guarantee – because trust is earned, not just claimed.

Want proof of our community values? Explore our charity efforts and community outreach to see how we give back to Cambridge and beyond.

This page was reviewed by Hicham (Heesh) Lebada, Finance Manager at Lebada Motors (OMVIC Certified).  Updated 2025/06/23

Car Loan Approval with Bad Credit |  Auto Financing for Newcomers | Understanding How Car Loans Work

Representative APR & Loan Terms

Loan terms available from 36 to 84 months (3–7 years). Representative APR ranges from 6.99% and up based on credit profile, loan term, and vehicle age.

Representative Example

Borrow $10,000 over 60 months at 6.99% APR.

  • Estimated monthly payment: $233.66 (includes all taxes, fees & interest)
  • Total repayable over term: $11,458.25.89

Transparency Promise

  • No hidden fees - full cost shown before signing
  • All credit situations considered: good, bad, or no credit, no problem *OAC
  • Personalized terms provided in your approval

Actual APR and payments depend on approved credit, vehicle, down payment, and term. OAC. Rates and terms subject to change without notice.

FAQ

What credit score do I need to finance a used car?
For the best possible interest rates, 650+ is ideal, but financing options are available for scores as low as 500 with higher interest rates.
Can I finance a used car with bad credit or no credit?
Yes, many lenders offer options for bad or no credit. You can improve your approval chances by providing proof of income, a co-signer, or a larger down payment.
What are the interest rates for used car loans?
Currently interest rates range from 7% to 25%, depending on your credit score, loan term, and vehicle age. Excellent credit can secure rates as low as 6.5%. If you’re looking for the best used car loans, we can help you get the best deals!
How much should I put down for a used car loan?
Downpayment is not required to get approved, but can help your chances by showing you are invested in the purchase. A down payment of 10-20% of the car’s price is considered a good investment. A larger down payment can reduce your monthly payments and total interest.
What loan terms are available for used car financing?
Loan terms usually range from 36 to 72 months, with some lenders offering terms up to 84 months.
How can I get pre-approved for a used car loan?
Pre-approval can be done online or in person with banks, credit unions, or dealerships. You’ll need personal information, proof of income, and employment details.
Can I use my current car as a trade-in?
Yes! Trade-ins can be applied as a down payment, and the value will reduce the amount you need to finance.
Are there any hidden fees in used car financing?
At Lebada Motors, we pride ourselves on being completely transparent. There are no hidden fees when you finance with us. Any applicable charges, such as loan origination or optional warranties, will be clearly explained upfront so you can make an informed decision.
Can I refinance my used car loan later?
Yes, refinancing is possible if your credit improves or interest rates drop, potentially lowering your monthly payment or interest costs.
How do I know how much I can afford?
Your car payment should generally not exceed 25% of your monthly income. Use our online loan calculator to estimate payments. Financing a second-hand car has never been easier with flexible terms and transparent processes!