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How to finance an Alfa Romeo

Compare your car loan options to drive away in Italian luxury.

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Alfa Romeo doesn’t offer a large number of models in the Canada, however, the models that are available are equipped with lavish features and power that allows you to go from 0 to 60 mph in seconds. But that type of luxury comes at a high price point, so you’ll want to compare your car loan options before contacting a dealer.

CarsFast Car Loans

  • Min. Loan Amount: $500
  • Max. Loan Amount: $75,000
  • Interest Rate: 4.90% to 29.90%
  • Loan Term: 12 months - 8 years
  • Choose from thousands of vehicles
  • Multiple financing options
  • Pre-approval in 60 seconds
  • Vehicle delivery to your door

CarsFast Car Loans

Browse thousands of vehicles from dealers across Canada and get matched with financing that meets your needs. Apply online to purchase a new or used vehicle and get the vehicle delivered to your door.

  • Min. Loan Amount: $500
  • Max. Loan Amount: $75,000
  • Interest Rate: 4.90% to 29.90%
  • Loan Term: 12 months - 8 years
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How can I finance an Alfa Romeo?

As with all vehicle financing, you can purchase your Alfa Romeo using a car loan from a bank, credit union or online lender. These are typically secured by your purchase — so you can expect lower rates than you’d find with a personal loan. However, it takes time to compare offers to find the best deal out there, so this won’t be the fastest route to go.

Beyond these options, Alfa Romeo offers its own financing and lease programs. This is typically the quickest way to get behind the wheel, but you might not find the most competitive rates and terms. The brand occasionally runs special offers as well, so contact a certified dealer to see if there are any discounts you may be able to take advantage of.

  • Alfa Romeo financing. Alfa Romeo offers financing for its vehicles through RBC, Scotiabank and TD Auto Finance. Current offers include 3.23% APR financing for 48 months on the 2019 Stelvio as well as up to $1,500 in Studio Delivery Credit.*
  • Alfa Romeo leasing. The brand also has lease offers through SCI Lease Corp. (part of the Lease Corporation of America) for its Stelvio, Giulia and Giulia Quadrifoglio models. You may be able to lease the 2019 Giulia Quadrifoglio for $1,138 per month for 60 months with $4,995 due at signing.*

Like with all financing, the rates and terms your receive will depend on your creditworthiness and other financial factors.

How to calculate the cost of your car lease

*Rates as of December 09, 2019.

Compare car loans to buy an Alfa Romeo

Name Product Min. Loan Amount Interest Rate Loan Term Min. Credit Score Requirements
CarsFast Car Loans
$500
4.90% to 29.90%
12 months - 8 years
300
Gross income of $1,800/month, 3+ months employed
Browse thousands of vehicles from dealers across Canada and get matched with financing that meets your needs. Apply online to purchase a new or used vehicle and get the vehicle delivered to your door.
Car Loans Canada
$7,500
3.99% to 29.95%
12-84 months
300
3+ months employed, min. income of $2,000/month
Search thousands of vehicles online, including $0 down options, from dealers across the country and get matched with affordable financing options. Auto loans are also available to those with bad credit, consumer proposals and bankruptcies to help rebuild credit.
Loans Canada Car Loans
$500
0% to 29.99%
3-96 months
300
Employed for at least 3 months, min. income of $1,800/month
Get access to financing from multiple lenders across Canada through a single application with Loans Canada. Bad credit, CERB and EI borrowers are considered.
Carloans411 Car Loans
$500
1.90% to 19.99%
Up to 72 months
300
Employed for 3+ months, min. income of $1,600/month
Get connected with suitable lenders through CarLoans411. Finance your next car, van or truck with loans available in amounts from $500 to $50,000. Check eligibility for this loan through LoanConnect.
LoanConnect Car Loans
$500
10.00% to 46.96%
6-60 months
550
No min. income requirement
Get access to 25+ lenders through LoanConnect's brokerage. Receive pre-approval in as fast as 60 seconds and get your funds in as little as 24 hours.
Fairstone Secured Personal Loan
$5,000
19.99% to 23.99%
3-10 years
560
Have an established credit history and own your home
Fairstone offers secured personal loans up to $35,000.
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Compare up to 4 providers

Representative example: Koda buys an Alfa Romeo

Koda, a resident of Ontario, has his eye on a sleek 2020 Alfa Romeo Stelvio Quadrifoglio with a Rosso Competizione Tri-Coat finish. He finds one at a dealership for $119,705.00 and promptly makes a 20% deposit of $23,941.00 to secure the car. Koda applies for dealership financing, and, thanks to his solid credit history and good income, is approved for a loan to cover the outstanding amount ($71,600.00) plus 13% HST. Additionally, Koda also pays around $180.00 to register his vehicle with the province of Ontario – this includes the cost of license plates, a sticker and a vehicle permit.

Cost of new car$119,705.00
Loan typeAuto loan (term loan)
Loan amount$95,764.00
Interest rate (APR)4.90%
Loan term8 years
Additional fees3.00% origination fee ($2,872.92)
$0.00 application fee (waived by lender)
Payment $1,404.08 monthly or $647.46 biweekly
Total loan cost$134,791.68 with monthly payments or $134,671.68 with biweekly payments

*The information in this example, including rates, fees and terms, is provided as a representative transaction. The actual cost of the product may vary depending on the retailer, the product specs and other factors.

What will a new Alfa Romeo cost me?

The cost of your Alfa Romeo will depend on the model you select and any add-ons you want to include. Below are the manufacturer suggested retail prices for the most basic models.

Alfa Romeo Giulia

2020 Giulia

  • Starting MSRP: $42,845
  • Build: Sedan
  • City/highway MPG: 24/33
Alfa Romeo Stelvio

2020 Stelvio

  • Starting MSRP: $47,345
  • Build: Crossover
  • City/highway MPG: 22/29
Alfa Romeo 4C Spider

2020 4C Spider

  • Starting MSRP: $79,845
  • Build: Sports
  • City/highway MPG: 24/34
Alfa Romeo Stelvio Quadrifoglio

2020 Stelvio Quadrifoglio

  • Starting MSRP: $103,895
  • Build: Crossover
  • City/highway MPG: 17/23
Alfa Romeo Giulio Quadrifoglio

2020 Giulio Quadrifoglio

  • Starting MSRP: $98,640
  • Build: Sedan
  • City/highway MPG: 17/24

Does Alfa Romeo offer special discounts or programs?

Unlike other brands, Alfa Romeo doesn’t have any special car-buying programs for military service members or recent college grads. However, it’s been known to offer loyalty cash bonuses to former customers looking to purchase or lease a new Alfa Romeo. Reach out to your local authorized dealer to see if there are any deals available.

Does a new Alfa Romeo come with a warranty?

Yes, all Alfa Romeo models are backed by a 4-year/80,000 km basic limited warranty. This covers the cost of parts and labor needed to repair your vehicle due to a defect from the manufacturing process. However, the brakes, wiper blades, clutch, windshield, rear window, wheel alignment and wheel balance are all only covered for one year or 20,000 km — whichever comes first.

Bottom line

An Alfa Romeo could be the Italian sedan, SUV or sports car of your dreams — but only those with excellent credit will be able to qualify for the lowest rates from Alfa Romeo’s financing company, Chrysler Financial. Otherwise, it may be worthwhile to explore your car loan options to see the potential rates you might snag elsewhere.

Frequently asked questions

Pictures: Getty Images and Alfa Romeo official page

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