Banking Pre-Qualify Term 
Your Car Buying Advocate
JUNE 4, 2025
Heres a quick comparison: Loan Amount Term APR Monthly Total Interest $30,000 48 mo 4% $677 $2,474 $30,000 72 mo 4% $469 $3,781 $30,000 96 mo 4% $364 $4,873 We had a client with excellent credit recently opt for a 36-month loan instead of 72. Get Pre-Approved The best way to stay in control of your car purchase? Smart move.
Best Selling Cars Blog
MARCH 17, 2025
Daily commute to school, errands, or weekend getaways with friends are all hassle-free with a car that does not break the bank, reliable, and easy to drive. This article provides insights on the best cars for students, those which are good value without breaking the bank. A co-signer may help qualify for a lower interest rate.
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Canadian Auto Dealer
MARCH 10, 2025
We talked to the banking leaders for automotive from five banks who do regular business with dealers and their customers to get their perspectives. Grant Simons, VP & Head, RBC Automotive Finance RBCs Grant Simons said the bank is feeling optimistic about 2025. In 2025, the Bank of Canada should continue their rate cuts.
3 Brothers Autosale
DECEMBER 20, 2023
Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms. Armed with favorable financing terms, you have the upper hand in negotiations. Obtain pre-approval from a financial institution to set a budget and streamline the car-buying process.
Carcloud Auto Group
MAY 3, 2025
An auto loan is a type of financing provided by a lender, such as a bank or a financial institution, to help you purchase a vehicle. The key to a successful auto loan experience is knowing your credit score, understanding the terms of the loan, and choosing the right lender.
Shawn Ryder
JANUARY 22, 2025
Average Used Car APR in Ontario The specific APR you might qualify for can vary widely, depending on several factors such as credit score, the lender’s policies, and the vehicle’s age. However, as a general guideline: Well-qualified buyers may see APRs ranging from 3% to 6% for used vehicles.
Shawn Ryder
JANUARY 19, 2025
Loan Term Generally, shorter loan terms (36 to 48 months) have lower rates compared to longer terms (60 to 72+ months). While longer terms lower monthly payments, they typically increase the total interest paid over the life of the loan. Type of Vehicle New cars usually qualify for better rates than used cars.
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