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Used Car APR in Ontario Canada?

Shawn Ryder

When considering purchasing a used car in Ontario, Canada, one major financial aspect to be aware of is the Annual Percentage Rate (APR) you might encounter when financing your purchase. In Canada, lenders are legally required to disclose the APR, allowing consumers to better compare financing options from various providers.

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Do manufacturers calculate interest and add to the loan?

Shawn Ryder

When it comes to purchasing a vehicle, many potential buyers consider financing options. This collaboration can lead to promotional financing offers, such as 0% interest deals for qualified buyers. Understanding the APR The Annual Percentage Rate (APR) is a broader measure that reflects the cost of borrowing.

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Tesla Model Y Juniper: Everything We Know About The 2025 Facelift

Carscoops

Otherwise, waiting could make more sense as you can compare the two and see which one you like more, possibly scoring an even better discount on leftover pre-facelift models. B) Can you hold out for a few months—or potentially more than six—for the Model Y Juniper to arrive in the U.S.? Additional reporting by John Halas