Finance your New Tires, Wheels & Auto Repairs all from only $20/month
Trail Tire Auto Centers now offers new tires, wheels and auto repair financing that instantly approves customers.
You can easily purchase new tires and pay any automotive repair bills in affordable monthly payments.
- NO Credit Check – Instant Approvals – No Income Verification
- Payments as LOW as $20/month
- FREE UP Credit Card Balance
- OPEN Loan Pay off anytime
- Get New Tires, Rims, and Repairs installed Today!
Financing provided by:
EMP is the financing provider of Trail Tire
*Financing available at participating locations only, on approved applications, see in store for details.
Auto Repair & New Tires Financing your Vehicle
Trail Tires Auto Centers has a great new program you can use to pay for car repairs, get new tires or pay for vehicle repairs.
Easy Monthly Payments (EMP) is a financing program that allows consumers get new tires, wheels/rims, or vehicle repairs completed, with no credit checks and for payments as low as $20/mo.
The loan is based on the value of your car and allows you to repay the loan over 36 months, with the option to pay off the balance at any time without any penalties.
This program is designed to ensure the monthly payments fit your budget. You can get a loan up to 50% of the value of your car with the repayment term of 36 months.
When you use Trail Tire to finance your repairs, new tires or wheels, you keep money in your bank account and available balance on your credit card. The Easy Monthly Payments loan is based on the value of your vehicle and not your credit profile.
The loan can be used towards all repairs and maintenance of your vehicle, including purchasing tires, rims, and other accessories installed on your car.
1. What program does Trail Tire use for financing?
We use Easy Monthly Payments (EMP) which is a repair financing solution that allows consumers to leverage the value of their vehicle to pay for its repairs. All loans are instantly approved without any credit checks or income verification, based on the value of your vehicle. The program allows you to repay the loan conveniently over 36 months with the option to pay off the balance at any time without any penalties.
2. What are the benefits of EMP versus a Credit Card
When you use EMP to pay for your repairs, you keep money in your bank account and available balance on your credit card.
3. What can an EMP loan at Trail Tire be used for?
An EMP loan at Trail Tire can be used towards all repairs and maintenance of your vehicle, including the purchase of tires, rims and other accessories installed on your vehicle. The applicable labour charges and taxes are also eligible to be included in the loan. Direct counter purchases of tires, rims, parts and accessories without installation are not eligible for EMP.
4. How do I know how much I am eligible for?
Check here to see if your vehicle qualifies and to find out the loan value you would be eligible for. Remember, the approval is instantaneous and there are no credit checks or income verification involved.
5. What if I have a poor credit score?
The loan at Trail Tire is based on the value of your vehicle and not your credit profile. Hence, there are no credit checks involved.
6. What are the terms of the loan?
The loan program is designed to ensure the monthly payments fit your budget. Loans, up to a maximum of 50% of the value of your vehicle, are instantaneously approved with a 36-month repayment term. You will have the option to pay off your loan early or make lump sum payment whenever you have surplus cash.
7. What is the interest rate you charge? Are there any additional fees?
We charge an interest rate of 19.99% per annum, which is comparable with or in many cases, lower than interest rates charged by credit card companies. The only other additional cost is a $99.95 one-time charge to cover our administration costs related to the set up of the loan.
8. Can I pay off my loan early or make lump sum payments when I have surplus cash on hand?
Yes, of course! We encourage you to pay off your loan as soon as possible. You may do so by calling our helpline, and an advisor would be happy to help you with your request. Remember, there are no penalties or costs associated with paying off your loan early or making lump sum payments.
9. Do I need to own the vehicle and have it insured? What if my vehicle is financed or leased?
Yes, you do need to own the vehicle and have it insured. You will need to provide us with a copy of the proof of ownership and insurance.
If your vehicle has been financed by another financial services company, your vehicle would still qualify for an loan subject to its current value. If your vehicle is leased, your vehicle will NOT qualify for a loan.
10. If I am self-employed, will I qualify for a loan?
Yes, if you are self-employed, you will still qualify for a loan. The loan is approved based on the value of your vehicle and not your credit or income information.
11. How do I make payments?
Payments are set up monthly to be taken directly out of your bank account on file. If you need to make additional payment or a full repayment, please contact our help line, and an advisor would be happy to help you.
12. What if I sell or trade in my vehicle before I pay off my loan?
Your loan must be paid out if your vehicle is sold or traded in. Prior to selling or trading in your vehicle, please call our helpline and one of our advisors would be happy to help you, including providing you with a payout statement or financing your new vehicle through autologiQ.
13. Will my vehicle be subject to a lien?
Yes, since the loan is based on the value of your vehicle and not your personal credit history, your vehicle will be subject to a repair lien pursuant to applicable provincial legislation, until the loan is fully paid off.