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Auto Loans Rates in Canada · PROVIDER · Range · Royal Bank of Canada · 7.49% - 9.99% · OAC · Scotiabank · Prime.
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Sep 26, 2024 · According to the latest data from Statistics Canada, the average car loan interest rate in Canada for new loans as of August 2024 was 7.5%. Loan ...
According to Statistics Canada, the average car loan interest rate has increased from 3.76% in July 2016 to 7.79% in April 2024—an increase of 4.03 percentage ...
Borrow better with a private sale vehicle loan. We offer fixed and variable interest rates, along with a repayment schedule that fits your budget.
Interested in buying a car? Visit our page and discover features & benefits offered at TD to help you find the best auto loan option for you.
We use the vehicle's price, including taxes, to determine how much you may be able to borrow and your monthly payments.
Learn more about our 6.99% auto loan. With a variety of rate and term options available, our Member Consultants are here to support your purchase.
800+ credit score – You'll qualify for the lowest rates, likely under 6%. 740-799 credit score – You'll get a good rate, usually around 7-9%. 680-739 credit ...
In 2023, the average car interest rate in Canada was 7.21%. Remember that this is an aggressive loan term, and the car finance rate in Canada you get may vary.