The Newcomer Program
🎓 Foreign Student Pathway
- Eligible Vehicles: New & Certified :plus models.
- Flexible Terms: Flexible lease or finance plans tailored to match your approved length of stay in Canada (up to a maximum of 36 months).
Program Limits:
- Maximum monthly payment: $600 (including taxes and Audi After Care).
- Maximum amount financed: $75,000 (additional security deposits may allow for higher limits).
- Minimum down payment: 20% of the transaction price.
What You Need to Apply:
- Valid Study Permit.
- Official enrollment letter from your institution’s Office of Records/Registration.
- Valid Canadian Driver’s Licence.
- Bank statements from the last 3 months (showing a maximum payment-to-income ratio of 25%).
- Proof of residence (lease agreement or utility bill) and a valid phone bill.
- One (1) personal reference.
🎓 Foreign Worker Pathway
- Eligible Vehicles: New, Certified :plus, and Pre-Owned Audi models.
- Flexible Terms: 12 to 60 months (governed by your visa/work permit expiration date, or up to 12 months past expiration).
Program Limits:
- No maximum limit on the amount financed.
- Down payment up to 15% of the transaction price (evaluated case-by-case).
- Monthly payment up to 25% of your Canadian income.
What You Need to Apply:
- Valid Work Permit / Working Visa.
- Valid Driver’s Licence.
- Employment Verification (current paystub or Letter of Employment showing income, hire date, and position).
- Proof of residence (rental agreement or utility bill).
- One (1) personal reference.
- Diplomats: Must be listed on the Global Affairs Canada registry; Passport required.