Across all of the vehicle types we finance, our loans are built to put you in the drivers seat. All of our loans have the following attributes: Low Payments: Experience Woodside's famous Lowest Monthly Payments in Ontario. Monthly payments are usually 20%-50% less than typical bank loans. Loan Type: Ourloans are secured, simple interest loans, similar to many loan products for daily driver vehicles. Interest is amortized over the length of the loan. Down Payments: Down payments vary depending on selling price and age of vehicle, typically ranging from 10% to 20%. (Vehicles over $300,000 may require a larger down payment.) Loan Length: Loan terms range up to 180 months (15 years).
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