First Major Value Drop
Trade-in value falls sharply at this milestone. Buyers and dealers both know it, and your offers will reflect it.


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If your vehicle is approaching 100,000 km, 150,000 km, or 200,000 km, you're at a critical window. Acting before these milestones can save you thousands and open doors that close quickly after.
Trade-in value falls sharply at this milestone. Buyers and dealers both know it, and your offers will reflect it.
Depreciation speed picks up. Your loan balance may now exceed what your vehicle is worth on the open market.
At this stage, most lenders see high-mileage risk. Rates climb, trade-in value drops, and options narrow fast.
Once you cross a mileage threshold, your negotiating position weakens. Here's what you gain by exploring your options now.
Protect your trade-in value
Act before the next mileage drop and lock in a stronger trade-in offer while your vehicle is still worth more.
Lower your interest rate
Newer vehicles often qualify for better financing rates, which can meaningfully reduce what you pay every month.
Get back under warranty
Moving into a newer vehicle before yours ages out means fewer surprise repair costs and more peace of mind.
Upgrade before equity disappears
Every kilometre you drive past these milestones is equity leaving your pocket. Moving early puts that value to work for you.
Thousands of Canadians have trusted Motofi to get them behind the wheel. Here's what a few of them had to say.
"I applied with Motofi hoping to get approved for a vehicle and unfortunately it didn't work out this time. But honestly the experience was still really positive. They were upfront with me from the start, explained exactly why I didn't qualify, and walked me through step by step what I need to do to get there. Nobody has ever taken the time to actually explain my credit situation to me like that before. They also sent me the $250 they promised even though the deal didn't go through. That alone told me everything I needed to know about how they operate. I will 100% be coming back once I've done the work because I trust them completely. Really rare to find a company this honest."
"Wanted to buy a new Toyota Tacoma cash and a dealership in Calgary wouldn't work with me on it. Motofi helped me get it sorted out no problem. Simple process and happy with how it went. Would recommend to anyone looking to purchase a vehicle in Calgary."
"Spent about three days calling dealerships across Alberta trying to find a Denali Ultimate. Nobody had one. Either waiting on allocation or just not sure when they'd have one in. Was getting pretty annoyed with the whole thing. Reached out to Motofi and they found one the same day. Handled all the paperwork, got the financing sorted, and had it delivered to me here in Edmonton. Whole experience from finding the truck to it showing up at my door was maybe a week. Really glad I stopped wasting time calling around and just let them do what they do."
"Highly recommend! They have helped us get a lot of approvals for our customers and find them vehicles that would have been almost impossible otherwise. Hiy Hiy!"
"I applied with Motofi hoping to get approved for a vehicle and unfortunately it didn't work out this time. But honestly the experience was still really positive. They were upfront with me from the start, explained exactly why I didn't qualify, and walked me through step by step what I need to do to get there. Nobody has ever taken the time to actually explain my credit situation to me like that before. They also sent me the $250 they promised even though the deal didn't go through. That alone told me everything I needed to know about how they operate. I will 100% be coming back once I've done the work because I trust them completely. Really rare to find a company this honest."
"Wanted to buy a new Toyota Tacoma cash and a dealership in Calgary wouldn't work with me on it. Motofi helped me get it sorted out no problem. Simple process and happy with how it went. Would recommend to anyone looking to purchase a vehicle in Calgary."
"Spent about three days calling dealerships across Alberta trying to find a Denali Ultimate. Nobody had one. Either waiting on allocation or just not sure when they'd have one in. Was getting pretty annoyed with the whole thing. Reached out to Motofi and they found one the same day. Handled all the paperwork, got the financing sorted, and had it delivered to me here in Edmonton. Whole experience from finding the truck to it showing up at my door was maybe a week. Really glad I stopped wasting time calling around and just let them do what they do."
"Great service, Great Deal!"
"Wanted a 2026 4Runner and couldn't find one at a decent price in Edmonton. Dealers were marking them up pretty bad. Friend told me to try Motofi. They tracked one down, no markup, financing was solid. Delivered to my door. Done."
"Ok where do I start. I had been looking for a Range Rover Sport for a while here in Calgary and the dealership experience was just not working for me. Either the vehicle wasn't available, the numbers were way off, or I just felt like I was being strung along. I work a lot and don't have time to be going back and forth with salespeople for weeks. Someone at work told me about Motofi and I honestly just reached out on a whim. They were super straightforward from the first conversation, no fluff, just here is what we can do and here is how we do it. Found me a Range Rover Sport, got the financing sorted, and had it delivered to me in Calgary without me having to take a single day off work. The whole thing was done remotely which honestly suited me perfectly. I don't think I'll ever buy a vehicle through a dealership again."
"Thankyou for getting us a better deal than what our fleet guy in Edmonton got us for upgrading our leased vans. Took a week longer but we got exactly what we wanted. Thankyou guys!"
"Just moved to Kelowna from out of province and needed a reliable family vehicle pretty quick. Didn't really know the local dealerships here yet and honestly didn't feel like dealing with all that. Found Motofi online and decided to try the broker route. They sourced a 2025 Ford Explorer for me, handled all the out of province stuff which I was dreading, and got it delivered to Kelowna without me having to do much at all. Financing was sorted faster than I expected too. Really smooth process for what couldve been a stressful situation."
"Ok so I'll be real. My credit took a hit a couple years back and I just assumed getting into a newer truck was off the table for now. Was browsing online kind of just window shopping and came across Motofi. Figured I'd just see what they said. They didn't make me feel bad about my situation at all, actually explained exactly what I qualified for and why, and next thing I know I'm getting a 2024 Toyota Tundra delivered to me here in Kelowna. Still kind of can't believe it. If your in a similar spot just reach out because I really didn't think this was possible for me."
"Thankyou for helping me get this beautiful 2026 Hyundai Santa Fe Ultimate. I am very happy with my experience and this vehicle."
"I'll be honest I was skeptical about using a broker. Felt like an extra step I didn't need. But every dealership I went to in Ottawa for an Escalade was just exhausting. Decided to try Motofi and I get it now. They handled everything. Found the 2025 Cadillac Escalade I wanted, sorted the financing, delivered it to Ottawa. Skepticism is gone. Should of done this years ago."
"Ok so I'm self employed, been that way for 8 years, and financing has always been a headache for me. Ottawa dealerships see my income docs and just don't know what to do. Motofi was the first time someone actually understood how self employed income works and put my file together properly. Got approved for a 2026 Ram 1500, great rate, delivered right to me. Genuinely refreshing experience."
"Just needed a reliable family SUV in Ottawa and didn't want to spend weeks at dealerships. Heard about Motofi through a friend, reached out, explained what I needed. They came back with a 2025 Honda Pilot and a financing rate that worked for our family budget. Delivered to our door. My wife was shocked at how easy it was honestly. Will definitely be back when the lease is up."
"Gonna keep this short because honestly it was just a really easy experience and I don't have much to complain about lol. Been driving older vehicles for a few years, credit isn't perfect but its not terrible either, just kind of in that in between spot where dealerships here in Edmonton don't really know what to do with you. Went back and forth with a couple of them and kept getting offers that just didn't feel right. Found Motofi, explained my situation, and they just got it. Matched me with the right lender, got me approved for a Jeep Grand Cherokee, and had it delivered to my place in Edmonton. Payments were fair and the whole process was maybe a week and a half. Really couldn't ask for more than that."
"Thank you guys for getting me this car! Anyone in Edmonton should buy their next car from you guys. They will be happy because you guys definitely exceeded my expectations."
"Just got into a Mercedes GLE AMG 63 through Motofi and the whole experience was unreal. Never thought it would be this easy to get into a vehicle like this in Edmonton. They handled everything and had it delivered right to my door. Would recommend to anyone looking for auto financing in Edmonton."
"This one was complicated and I'll be honest I wasn't sure it was going to work out. I had a trade in with some negative equity on it and every dealership in Vancouver basically told me it was going to be really ugly or just didn't want to deal with it at all. One guy actually laughed when I told him what I wanted to get into. I found Motofi and they were the first people that actually sat down and looked at the whole picture with me. They figured out how to structure the deal around the negative equity, found me a 2026 Ford F-150 Platinum, and got me into it without me feeling like I got taken advantage of. Payments came in way better than anything the dealerships were showing me. Had it delivered to me in Vancouver and the whole thing just felt different from anything I had experienced before. Really grateful I didn't give up and kept looking."
"Great experience! They delivered my new Hyundai Palisade to me in Leduc. I wish I knew about you guys before. Thank you for your help with everything. I will be sending all of my people to you so you can help them too. Appreciate you guys!"
"Picked up a 2023 Volkswagen Golf R through Motofi and the whole thing was seamless. Got approved and had it delivered to me in Calgary without any of the dealership back and forth. Really happy with the experience. Would recommend to anyone looking to finance a car in Calgary!"
"I can't believe I'm finally in my 2024 Audi A4!! Been wanting one forever and Motofi made it actually happen. The whole process was so easy and everyone was so helpful and patient with me. Got approved and they delivered it right to my place in Edmonton. I literally cried when it showed up lol. If you are looking for auto financing in Edmonton please just call these guys, they will take care of you!!"
"I bought a Chrysler 300 and am very happy with it. I live in Edmonton and had a very annoying time working with dealerships in the past. Motofi took the stress out of buying this car and made it easy to get a car so that i didn't have to go to the dealership and spend hours going back and forth and delivered the vehicle right to my house in Terwillegar. I got a better approval than i expected and they got the exact vehicle i wanted. They even helped me sell my previous car so that i got the most money for it. Thankyou guys. I will be sending all of my friends and family to you!"
"Traded in my Toyota Tacoma and got into a 2025 Hyundai Santa Cruz through Motofi. They handled the whole trade in process and made it really easy. Didn't expect it to go that smooth honestly. Got everything sorted out and delivered here in Beaumont. Would recommend to anyone looking for auto financing or a vehicle trade in in the Beaumont area."
"Just upgraded from my Ram 1500 Eco Diesel to a brand new 2026 Ram 2500 Limited through Motofi and I am beyond happy with how everything went. They took my trade in no problem and got me into exactly what I wanted. Didn't have to deal with any dealerships or waste my weekends at a lot. Everything was handled and the truck came right to me in St Albert. These guys really know what they're doing, highly recommend for anyone looking to upgrade their vehicle. Thankyou guys!"
"Always wanted a Corvette and finally pulled the trigger on a brand new one through Motofi. Process was easy and they got me taken care of right here in Edmonton. Couldn't be happier with how it went. Would recommend to anyone looking for auto financing in Edmonton."
"Been trying to get into a Ford F-150 out here in Nova Scotia for a while now. Went through a couple local dealerships and just kept running into the same thing, payments too high and nobody really willing to work with my situation. Was starting to get frustrated with the whole process. A friend told me about Motofi so I shot them a message not expecting much. They got back to me quick, walked me through everything, and actually took the time to understand my file instead of just running my credit and moving on. Got approved for a 2025 Ford F-150 and they handled the whole deal from start to finish. Truck was delivered right to me which was huge because I don't have time to be driving all over the place. Really didn't think getting financing in Nova Scotia would ever be this straightforward. Would recommend to anyone who's been turned down or just tired of the dealership games."
"Picked up a 2023 Toyota Highlander through Motofi and it was a smooth experience from start to finish. Got approved quickly and had it delivered to me in Calgary. Really happy with how it all came together. Would recommend to anyone looking for auto financing in Calgary."
"This has been a great experience. I am in Leduc and have been looking to trade in my 2022 Santa Fe for a new 2026 Palisade Calligraphy. I went to a few dealerships in Edmonton and I was unable to get the right deal for me. My cousin told me about Motofi and I am very happy I contacted them. They took care of the whole process and got me the exact Palisade I wanted for almost $4000 less than what the dealerships in Edmonton wanted me to pay. They even delivered right to my door in Leduc. This is the way I will be buying vehicles from now on. I cannot thankyou guys enough. If anyone is looking to buy a vehicle I will be sending them to you!"
"Had my eye on a Ford Mustang for a while and finally decided to make it happen. Went into a couple dealerships in Calgary and either the payments were nowhere close to what I wanted or they just weren't interested in working with my file. Starting to think it wasn't gonna happen. Stumbled across Motofi and figured I had nothing to lose. Glad I did because they actually listened, went through my situation, and found a lender that worked for me. Got approved and ended up in a 2025 Ford Mustang without setting foot in a dealership. They took care of everything and had it delivered straight to me in Calgary. Honestly didn't think it would be that easy. If you're looking for auto financing in Calgary and want someone in your corner, these guys know what they're doing."
"Been looking for a Ram 1500 in Edmonton for a few months and kept hitting dead ends at the dealerships. Either the payments were way out of range or they just weren't working with my situation. A coworker mentioned Motofi so I reached out and honestly wasn't sure what to expect. They got back to me fast, went through everything with me, and actually put in the work to find financing that made sense for my budget. Ended up getting approved and driving a brand new 2026 Ram 1500 without having to step foot in a single dealership. They handled the whole thing and had the truck brought right to me here in Edmonton. If you're looking for auto financing in Edmonton and don't want to deal with the dealership runaround, these guys are the real deal."
"Never used an auto broker before and wasn't sure what to expect. I'm in Calgary and needed a reliable family SUV. Motofi found me a 2024 Toyota RAV4 and handled everything — financing, paperwork, all of it. No pressure, no hidden fees, nothing sketchy. The dealer experience I had before this was the total opposite lol. Would 100% recommend to anyone in Alberta."
"Motofi made it surprisingly easy to buy my next vehicle."
"For the past 6 months I have been trying to trade in my SUV for a newer truck. I applied through a number of different websites that promised quality vehicles and fair deals. It was disappointment after disappointment because the sales people only wanted to sell me what they wanted me to buy not what I wanted, they were indifferent to my needs. I was almost ready to give up and then I applied through Motofi and they were the answers to my prayers. They were professional, they listened to my needs and helped me get into the perfect truck. I will recommend Motofi to all my friends and family for their car buying needs."
"You guys did an amazing job. I wish I found you guys before I bought my last car. Thank you for all of your help."
"It was a great experience dealing with Daylen. He helped me find the right vehicle in a very short time. Highly recommend him!"
"Very smooth website easy to use. Nice way to find a vehicle."
"Good service, fast and great approvals, low interest rate. Low payments."
"If you need a car and your credit isn't perfect, go to MotoFi Edmonton. They accepted my application without hassle and the whole process was fast and transparent. The staff genuinely cares about getting you into a vehicle. I'm so happy with my new ride!"
"I was nervous about financing because of my credit history, but the team at MotoFi Edmonton made it so easy and stress-free. They found me a great rate and were incredibly patient with all my questions. Best customer service I've experienced anywhere. Thank you MotoFi!"
"MotoFi Edmonton is hands down the best car financing spot in the city. They truly accept all credit types and still got me an amazing deal. The staff was super friendly and walked me through every step. I drove off the lot feeling like a king. 10/10 service!"
"I had terrible credit and every other place turned me down. MotoFi Edmonton approved me the same day and got me into a reliable car. The team was professional, honest, and didn't make me feel judged at all. Best financing experience I've ever had. Highly recommend!"
"Had a great experience with Motofi, great customer service and very knowledgeable team."
"I've been following Motofi and have been really impressed with the professionalism they bring to the auto brokerage industry. They seem committed to being transparent, helping clients find the right vehicle and making the buying process as straightforward as possible. If you're looking for an auto broker who genuinely appears to care about their customers, Motofi is definitely worth checking out!"
"This broker helped me find my dream vehicle. Professional, punctual and easy! Thank you to the Motofi team."
"Awesome service thank you guys for helping me get a better vehicle. I will be back!"
"Highly recommend! They have helped us get a lot of approvals for our customers and find them vehicles that would have been almost impossible otherwise. Hiy Hiy!"
"I applied with Motofi hoping to get approved for a vehicle and unfortunately it didn't work out this time. But honestly the experience was still really positive. They were upfront with me from the start, explained exactly why I didn't qualify, and walked me through step by step what I need to do to get there. Nobody has ever taken the time to actually explain my credit situation to me like that before. They also sent me the $250 they promised even though the deal didn't go through. That alone told me everything I needed to know about how they operate. I will 100% be coming back once I've done the work because I trust them completely. Really rare to find a company this honest."
Giving you the best selection, incentives and promotions.
Let us help you get it!
If you financed your vehicle with a high interest rate and have been making payments consistently for a year or more, there's a good chance your credit has improved, and you now qualify for significantly better terms.
Why keep paying more to the bank?
Motofi reviews your current financing at no cost and no obligation. In 3 minutes we can tell you whether refinancing or upgrading saves you money, and by how much.
$20,000 loan | 60-month term (5 years)
Before: Current Loan
Interest Rate
18.99%
Monthly Payment
$518.70
After: Improved Financing
Interest Rate
9.99%
New Payment
$424.84
Monthly Savings
$93.86 / mo
That's $5,631.60 back in your pocket over 5 years
Good to know: We also explore trading in your current vehicle, as there may be a better deal available. Used vehicles typically carry higher interest rates than new vehicles.
New vehicles: 0% financing is available on select new models. If these example rates seem high, they are meant to illustrate what refinancing can save someone currently in a high-rate used-vehicle loan.
Example for illustration only. All rates and approvals subject to credit qualification.