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We are working hard to simplify the process of finding the right auto loan provider for the car of your dream. Our partners consider all the financial circumstances.
We've helped thousands of Canadians get the right financing they need to get back on the road. Whether your looking to finance a new car, or a used car, we can get you approved!
PLEASE NOTE THAT THIS IS AN ADVERTISEMENT AND NOT AN ACTUAL NEWS ARTICLE, BLOG, OR CONSUMER PROTECTION UPDATE.
The average APR rates range from 3.9% to 24%, depending on the credit score.
The term of a loan will determine the time taken to repay the financial contract. Generally, lenders offer a loan with a term of 36 to 84 months, meaning you have three to six years to repay the vehicle's price plus interest. Interest rates and terms may vary and depend on several factors, including the credit score and down payment.
It's essential to understand that the financial contract's term plays a crucial role in determining the interest rate and the monthly payment amount. For instance, a typical 60-month loan will have a higher interest rate than a 36- to 48-month loan but will have a lower monthly payment.
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