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Car Loan Rate

Car Loan Offer Among Various Auto Lenders Available in Canada - Rates Update

This ready reckoner is a great source to get up-to-date information and rates offered by the car loans' lenders for your next car loan and represents auto credit market as a whole. You may select or compare about the rates offered by various car lenders. Rates are based on a new car loan values $15,000 and the terms range from three to five years. Remember actual interest rates may vary from those shown here depending on individual credit history, value and terms.
Lender / Institution 36 Months 48 Months 60 Months
Bank of Montreal 7.6 7.6 7.9
Bank of Nova Scotia 6.75 6.9 7.65
CIBC 7.75 8 8.25
Caisses Desjardins 8.98 8.98 8.98
Comtech Credit Union 8 8 8
FirstOntario C.U. 9.5 9.5 9.5
Laurentian Bank 7.2 7.2 7.2
National Bank 9.5 9.75 10
Ont. Civil Service C.U. 6 6 6
Pace Savings & C.U. 6.4 7.9 7.9
Royal Bank 8.35 8.4 8.45
So-Use Credit Union 6.75 6.75 6.75
Steinbach C.U. 6.5 6.5 6.5
TD Canada Trust 8.5 8.5 8.5
Virtual One C.U. -.- -.- 7.5
Updated July, 2007.
Car Loans table is provided for informational purposes only, error and omission may occure. All the prices, rates and other terms which are subject to change without notice, and cannot be construed as offers. Please confirm information with respondent.
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