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How to finance an Acura in Canada

Learn about Acura financing options, interest rates, MSRPs of the latest Acura models and warranty options.

Acura — the luxury division of Japanese manufacturer Honda — offers upscale car models at relatively competitive price points. And with several discount programs and financing options available, you may be able to drive home without emptying your wallet.

Acura financing options in Canada

When you’re looking to buy an Acura, the most obvious choice is taking out a traditional car loan from a bank, credit union or online lender. While this typically takes more time, you have a better chance of qualifying for a competitive rate.

Acura Financial Services Canada

If speed is your main priority, you might want to consider financing directly through an authorized dealership. Advantages of financing through Acura Financial Services Canada include special discount programs and APR offers. Typical Acura finance rates range between 0.99% to 3.99% on 60 month terms.

You also have the option to lease through Acura Financial Services. Acura leasing rates can range from 0.99% to 3.99% for 36-48 month lease terms.

As with all types of financing, the exact rates and terms you qualify for will vary depending on your credit history and personal financial situation.

Compare your Acura financing options

Does Acura offer special discounts or programs?

Yes, active-duty military members and recent veterans may qualify for up to $1,000 off select models when financed through Acura Financial Services Canada. Recent university graduates may qualify for special financing offers even with no credit history. Similarly, newcomers to Canada may be able to qualify for financing even if you haven’t built up a credit history in Canada yet.

If you’re looking to buy or lease a specific model, check Acura’s Special Offers page for details. You may be able to qualify for 0.99% finance rates on select vehicles.

What will new Acura models cost?

A new Acura model will cost anywhere from around $30,000 to over $220,000 — it all depends on the model you choose and your negotiating skills.

Choose a type of Acura model

Cars

2021 ILX

  • Starting MSRP: $30,805
  • Build: Sedan
  • City/highway (L/100 km): 9.9/7.0

2021 TLX

  • Starting MSRP: $44,105
  • Build: Sedan
  • City/highway (L/100 km): 11.2/8.0

2021 NSX

  • Starting MSRP: $221,500
  • Build: Coupe
  • City/highway (L/100 km): 11.1/10.8

SUVs

2021 RDX

  • Starting MSRP: $44,505
  • Build: Crossover
  • City/highway (L/100 km): 11.0/8.6

2021 MDX

  • Starting MSRP: $56,405
  • Build: SUV
  • CCity/highway (L/100 km): 12.6/9.4

Car insurance costs that come with driving an Acura

Does a new Acura come with a warranty?

Yes, every new Acura comes with Standard Warranty Coverage. You can check out the full coverage details of the Standard Warranty Coverage in the table below. If you’d like more coverage, you can opt for Acura Plus Extended Warranty, which extends coverage up to 8 years or 200,000 km. You can see the cost breakdown for the Acura Plus Extended Warranty for each model in the table below as well.

Standard warranty coverageYears covered/Distance
Major Components5 years / 100,000km
Distributor’s Warranty4 years / 80,000km
Emission Systems4 years / 80,000km
Hybrid System8 years / 160,000km
Rust Perforation5 years / no distance limit
Surface Corrosion4 years / 80,000km
Accessories4 years / 80,000km
Audio Components4 years / 80,000km
Roadside Assistance4 years / no distance limit
ILXTLXRDXMDX RLX
5 Year/ 100,000 km$1,018$1,508$1,678$2,018
6 Year/ 100,000 km$1,338$1,998$2,228$2,438
6 Year/ 160,000 km$1,738$2,778$2,988$3,278
7 Year/ 130,000 km$1,718$2,678$2,888$3,148
7 Year/ 160,000 km$1,938$3,228$3,438$3,778
7 Year/ 200,000 km$2,328$3,588$4,148$4,488
8 Year/ 200,000 km$2,668$4,148$4,768$5,258

*Prices accurate as of August 2021.

How extended car warranties work

Compare Acura financing options

Name Product Loan Amount Interest Rate Loan Term Min. Credit Score Requirements Table description
Loans Canada Car Loans
$500 - $35,000
0% - 29.99%
3 - 96 months
300
Min. income of $1,800 /month, 3+ months employed
Compare rates from multiple lenders.
Complete a single application to get quotes from different lenders. Bad credit, CERB and EI borrowers considered.
goPeer Car Loan
$1,000 - $25,000
8.00% - 31.00%
36 - 60 months
600
Min. income of $40,000 /year
P2P platform with competitive rates.
Canada's first regulated consumer peer-to-peer lending platform that connects creditworthy Canadians looking for a loan with Canadians looking to invest.
AutoLoanProviders
$7,500 - $85,000
3.99% - 29.99%
12 - 96 months
300
Min. income of $1,800 /month, 1+ months employed
Available in Ontario only.
Apply online and get your new vehicle delivered to your door anywhere in Ontario free of charge. All credit scores considered.
CarsFast Car Loans
$500 - $75,000
4.90% - 29.90%
12 - 96 months
300
Min. income of $1,800 /month, 3+ months employed
Get a new or used vehicle delivered to your door.
Browse thousands of vehicles from dealers across Canada and get matched with financing that meets your needs.
Coast Capital Car Loan
$10,000 - No Max.
Varies
18 - 84 months
650
Able to service debt payment of $300/month
Competitive rates and flexible terms.
Finance new and used vehicles from one of Canada's largest credit unions. No credit union membership required. Available across Canada except SK, QC, NT, NU, YT.
Splash Auto Finance
$10,000 - $50,000
9.90% - 29.90%
24 - 84 months
300
Min. income of $2,200 /month, 3+ months employed
Apply with any credit score.
Get financing for a new or used car. Auto loans for borrowers with fair credit, bad credit, no credit or bankruptcy.
LoanConnect Car Loans
$500 - $50,000
9.90% - 46.96%
3 - 120 months
550
No min. income requirement
Pre-approval in as little as 60 seconds.
Get access to 25+ lenders through this brokerage. Get your funds in as little as 24 hours.
Canada Auto Finance
$500 - $45,000
4.90% - 29.95%
3 - 96 months
300
Min. income of $1,500 /month, 3+ months employed
Get financing from partnered local lenders.
Financing for a new or used car is available for borrowers with bad credit, no credit, CERB, EI or bankruptcy.
Carloans411 Car Loans
$500 - $50,000
1.90% - 19.99%
Up to 72 months
300
Min. income of $1,600 /month, 3+ months employed
High application approval rate.
Get connected with suitable lenders to finance your next car, van or truck. Check eligibility for this loan through LoanConnect.
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Compare up to 4 providers

Bottom line

You have a few ways to finance a new or preowned Acura — from a traditional car loan to financing directly through Acura Financial Services. To find the best deal available to you, compare offers from a few car loan providers first before hitting the dealership.

Frequently asked questions Acura financing

Pictures: Acura’s Official Page

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