TD Wheels mobile app gets vehicle financing prequalification feature

TD Auto Finance now has vehicle financing prequalification within the TD WheelsTM mobile app. Available now, the current app lets prospective car buyers estimate their monthly payments and determine their current vehicle’s approximate trade-in value. Starting in December 2019, the app will allow users to obtain prequalification for vehicle financing, up to a specific amount and for a specific rate and term.

The TD Wheels mobile app will help to evolve the car-buying experience for Canadians by offering a personalized digital experience that allows them to get a more complete view of their car-buying options. The app allows users to:

  • Search for their preferred vehicle and manufacturer
  • Select different make, model and trim options
  • Obtain information about special rates from certain manufacturers
  • Estimate what their expected car payment may be
  • Send their preferred vehicle and contact information to a dealer of their choice for future contact

The prequalification option will help TD Wheels users understand whether they may qualify for a TDAF loan, based on the information they provide. App users can then choose to send this information to a dealer of their choice for a more streamlined conversation once they arrive at the dealership.