Online car loan quotes

Compare rates and terms to find the best offer out there for you.

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Getting car loan quotes online can help you compare rates and terms to find the best deal out there. And since many providers rely on a soft credit inquiry, your credit score likely won’t take a hit.

Auto Arriba Car Loan

  • Min. Loan Amount: $3,500
  • Max. Loan Amount: $50,000
  • Interest Rate: 8.99% to 29.50%
  • Loan Term: 1-7 years
  • Quick funding
  • All provinces (excluding Quebec)

Auto Arriba Car Loan

Auto Arriba offers car loans starting at $3,500 up to $50,000, with as little as a 30 minute loan turnaround time.

  • Min. Loan Amount: $3,500
  • Max. Loan Amount: $50,000
  • Interest Rate: 8.99% to 29.50%
  • Loan Term: 1-7 years

Compare car loan providers that offer online quotes

Name Product Min. Loan Amount Interest Rate Fees Loan Term Min. Credit Score
Auto Arriba Car Loan
8.99% to 29.50%
Contract fee of $499.00
1-7 years
Auto Arriba offers car loans starting at $3,500 up to $50,000, with as little as a 30 minute loan turnaround time.
Fairstone Personal Loan (Unsecured)
26.99% - 39.99%. Varies by loan type and province
6 months - 5 years
Fairstone offers unsecured personal loans up to $20,000
LendingMate Personal Loan
43% (British Columbia and Ontario) and 34.9% (Quebec)
1-5 years
LendingMate offers loans to Canadians with poor credit with no credit checks. Guarantor required for application.
Ferratum Personal Loan
18.9% - 54.9%
1- 5 years
Ferratum provides Canadians in need of quick cash with loans for car purchases from $2,000 to $10,000 for 1 year to 5 years.
LoanConnect Car Loan
4.6% to 46.96%
Varies by lender, loan type and province
1-5 years
Get access to 25+ lenders through Loan Connect's brokerage, and receive pre-approval in as fast as 5 minutes, and financing up to $50,000 in as little as 24 hours from the time of your application.

Compare up to 4 providers

Why should I get car loan quotes online?

Comparing quotes online can give you an idea of how much you’ll need to pay each month for the car you’re interested in. It can also give you an upper hand when it comes to negotiating a better rate at the dealership since you already know what rates and terms you might qualify for.

In some cases, you may also be able to negotiate a better price on the car you’re interested in if you have financing ready to go — though it depends on the seller.

How to get a car loan quote online

To get a quote, click the Go to site button in the table above of the lender you’re interested in and follow the onscreen prompts. You’ll need to provide:

  • Car details. This includes the make, model, year, condition, price and where you’re buying it.
  • Financial details. This includes the loan amount and term you need, down payment you plan to use, your income and expenses and any other relevant financial information.
  • Personal details. This includes your full name, address, Social Security number and contact details.

Once you’re done filling in all of the requested information, submit your quote and wait for a response. Some lenders will respond almost immediately, while others may take a few days.

Will getting several car loan quotes online hurt my credit?

Probably not, since many lenders conduct a soft credit inquiry after you fill out a prequalification form, which doesn’t affect your score.

But submitting a full car loan application will cause the lender to conduct a hard credit inquiry that temporarily lowers your score. However, many credit scoring models consider multiple inquiries for the same type of loan within a short period of time as a single inquiry. This means that rate shopping likely won’t hurt your credit score any more than applying for a single loan. Learn all about your credit score and why it’s important here.

How to use a quote to make a decision

The main aim of getting quotes is to find a lender that fits your needs. It’s generally a good idea to compare quotes from at least three lenders before you settle on one. Key considerations to look out for are interest rates, loan terms and any fees you’ll be on the hook for.

Pros and cons of online car loan quotes


  • Convenient. You don’t have to move from one financial institution to another looking for quotes. All you have to do is provide the information required online and have your quote delivered to your inbox.
  • Easy budgeting. Online car loan quotes can help you start preparing early since you get an idea of what you’ll be required to pay for the loan on a monthly basis and in the long run.
  • Better decision making. By comparing quotes, you’re able to make an informed decision on the most suitable car loan provider for you.


  • Can be overwhelming. There are lots of car loan providers that offer online quotes, which can be overwhelming to sift through.
  • Potential to sign with a bad lender. There are less-than-reputable lenders online that prey on borrowers by offering cheap quotes. If you think a quote is too good to be true, it probably is.

3 things to avoid when getting a quote online

Ready to start getting quotes online? Avoid these three things:

  • Giving false information. All information you provide should be true and honest. Providing false details could cause a lender to disqualify your application.
  • Underpricing your car. Don’t get a quote for significantly less than the cost of the car you intend to buy. If you get a quote for a loan that’s the wrong amount, you won’t know how much you’ll need to pay each month — or if you’ll get approved for the actual amount you need.
  • Settling. Don’t settle for the first quote you get — compare multiple lenders to find the best deal for you.

Bottom line

Comparing multiple car loan quotes online can help you get a competitive deal when financing a car. You can find even more lenders to consider and learn more about how it all works with our guide to car loans.

Frequently asked questions

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