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NEWCOMERS PROGRAM GUIDELINES
|
Temporary Resident Foreign Worker |
Temporary Resident Professional |
Temporary Resident Investor |
Temporary Resident Student |
|
|---|---|---|---|---|
| Client Eligibility |
Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year |
Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year |
Customers who have obtained a temporary work permit from the Government of Canada. Remaining validity must be greater than one (1) year |
Customers who have obtained a temporary study permit from the Government of Canada. Remaining validity must be greater than one (1) year |
| Model Eligibility | New | New | New | New |
| Product Type | Lease only | Lease only | Lease only | Lease only |
| Term | Less than or equal to remaining months on visa / permit. | Less than or equal to remaining months on visa / permit. | Less than or equal to remaining months on visa / permit. | Less than or equal to remaining months on visa / permit. |
| Minimum Security Deposit | >10% | 0% | >20% | >20% |
| Proof of Immigration Status | i) Valid Work Permit / Visa ii) Form IMM 1442 |
i) Valid Work Permit / Visa ii) Form IMM 1442 |
i) Valid Work Permit / Visa ii) Form IMM 1442 |
i) Valid Work Permit / Visa ii) Form IMM 1442 |
| Proof of Employment & Income | Proof of income required | Proof of income required | Proof of income required | Proof of income required |
| Required Documentation |
i) Valid Passport ii) Driver's License iii) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable) |
i) Valid Passport ii) Driver's License iii) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable) |
i) Bank Statements (last 3 months minimum) ii) Valid Passport iii) Driver's License iv) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable) |
i) Bank Statements (last 3 months minimum) ii) Valid Passport iii) Driver's License iv) Proof of Canadian residence address (temporary addresses such as hotels & mobile homes are not acceptable) |
All rates, dealer reserve and terms under this program are subject to
change without notice. Credit approval is subject to standard NCF credit
guidelines.
VISITOR AND REFUGEE VISA's are NOT supported under this program
| Mon - Fri | 9:00am - 8:00pm |
|---|---|
| Sat | 9:00am - 5:00pm |
| Sun | Closed |