Dealerhop Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Rafael Rositsan
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Four questions checked against Dealerhop's published criteria, per product. No application started.
Dealerhop publishes a numeric credit floor, 500, and takes pension income, but EI and long term disability are ruled out in the same breath.
EI and long term disability are named exclusions in the published criteria. A pension qualifies while long term disability does not, which is an unusual place to draw the line, and worth knowing before you apply.
The published minimum credit score is 500, among the lowest numeric floors on this site. Below it the file stops. Above it, the employment and income tests do the actual deciding.
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2 reviews from borrowers who used Dealerhop. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.
Got connected with a dealer and got financing in a day.
Dealerhop helped me sell my car. Happy with the service.
Dealerhop is an online platform that connects car sellers and buyers with verified fulfillment partners through a transparent auction process. Whether you're selling, trading in, or financing a vehicle, Dealerhop makes it easy from start to finish.
You’ll receive the highest bid within 48 hours after your vehicle is approved for auction.
Yes. Dealerhop uses verification tools like Twilio Verify API and Mapbox Autocomplete to validate user identity, phone numbers, and locations. All fulfillment partners are screened, and all leads are verified for income and employment.
Listing your car for auction is 100% free. You only pay $99 if your car sells through the auction—though this fee may currently be waived as part of a limited-time promotion.
Dealerhop connects you with fulfillment partners offering loans from $5,000 to $75,000, with interest rates ranging from 6.99% to 35%. Terms range from 12 to 96 months.
Once the fulfillment partner picks up your vehicle, payment is typically issued immediately, often via cheque.
A fulfillment partner is a verified automotive dealer, broker, or wholesaler in Dealerhop’s network. They’re responsible for bidding on your vehicle and handling pick-up, payment, or financing.
To qualify, you need to be at least 19 years old, have been employed for a minimum of three months, and earn at least $2,500 per month. Depending on your verification level, you may also be required to provide documents such as a valid driver’s license and proof of income.
If you're selling a car, you can list your vehicle online by uploading photos and key details. Once approved, your car enters a 48-hour auction where verified buyers across Canada compete to place the highest bid. The top bidder wins, and a fulfillment partner may come directly to your home to pick up the car and finalize payment.
If you're buying, you can browse available vehicles, place unlimited bids at no cost, and get matched with listings nationwide. Fulfillment partners can also help you finance or trade in a vehicle as part of the process.
