{"id":1012217,"date":"2023-03-31T13:30:18","date_gmt":"2023-03-31T17:30:18","guid":{"rendered":""},"modified":"2026-03-09T18:25:46","modified_gmt":"2026-03-09T22:25:46","slug":"buying-and-financing-ev","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/car-loans\/buying-and-financing-ev","title":{"rendered":"How to buy and finance an electric car"},"content":{"rendered":"<p>Under proposed regulations, by 2035, 100% of new vehicles sold in Canada will be zero-emission. So if you\u2019re not thinking of buying an electric car yet, you probably will be soon.<\/p><p>But what type of electric car should you buy, how can you finance the purchase and what government rebates are available to help make your new set of wheels more affordable?<\/p><p>In this guide, we\u2019ll show you all the key details you need to know about buying an electric car in Canada.<\/p><div class=\"content-area-light-grey has-padding-small has-padding-top-large\"><h4>Jump to:<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul class=\"list-1\"><li><a href=\"#reasons\">Reasons to buy an electric car<\/a><\/li><li><a href=\"#types\">Types of electric cars<\/a><\/li><li><a href=\"#changeev\">How long it takes to charge an EV<\/a><\/li><li><a href=\"#whichbuy\">Which electric cars to buy<\/a><\/li><li><a href=\"#rebates\">Rebates for electric cars<\/a><\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul class=\"list-1\"><li><a href=\"#howfinance\">How to finance an EV<\/a><\/li><li><a href=\"#steps\">Steps to buy an EV<\/a><\/li><li><a href=\"#secondhand\">Second-hand electric cars<\/a><\/li><li><a href=\"#cost\">Cost to drive an electric car<\/a><\/li><li><a href=\"#reasonsnot\">Reasons not to buy an electric car<\/a><\/li><\/ul><\/div><\/div><\/div><h3 id=\"reasons\">Reasons to buy an electric car<\/h3><p>If the federal government\u2019s proposed regulations are adopted, it\u2019s only a matter of time until any new car purchased in Canada will need to be electric. But there are plenty of other good reasons why you should consider buying an EV today:<\/p><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MangroveTreeIcon_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MangroveTreeIcon_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MangroveTreeIcon_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MangroveTreeIcon_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Better for the environment<\/strong><\/h4><p>According to the Canadian Automobile Association (CAA), switching to an electric car can lower your personal vehicle greenhouse gas emissions by over 60%. So if you\u2019re keen to do the right thing by the planet, it makes sense to go electric.<\/p><\/div><\/div><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/PiggyBankIcon_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/PiggyBankIcon_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/PiggyBankIcon_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/PiggyBankIcon_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Cheaper running costs<\/strong><\/h4><p>Switching to an EV can also benefit your hip pocket. Electric vehicles are cheaper to run than gas-powered vehicles, with much lower refuelling and maintenance costs. A <a href=\"https:\/\/cleanenergycanada.org\/wp-content\/uploads\/2022\/03\/Report_TheTrueCost.pdf\" target=\"_blank\" rel=\"noopener\">Clean Energy Canada report<\/a> found that the electric Hyundai Kona was $10,500 cheaper to own than the gas-powered version of the Kona.<\/p><\/div><\/div><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/CarSunIcon3_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/CarSunIcon3_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/CarSunIcon3_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/CarSunIcon3_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Quiet driving experience<\/strong><\/h4><p>Traditional petrol and diesel engines are noisy and smelly, but electric motors are smooth and quiet, which could help make your morning commute a whole lot less stressful.<\/p><\/div><\/div><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/SteeringWheelIcon_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/SteeringWheelIcon_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/SteeringWheelIcon_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/SteeringWheelIcon_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Improved handling<\/strong><\/h4><p>EVs offer fast acceleration and, with the battery located underneath the vehicle, enjoy a lower centre of gravity for better handling.<\/p><\/div><\/div><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/DistanceIcon2_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/DistanceIcon2_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/DistanceIcon2_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/DistanceIcon2_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Increased range<\/strong><\/h4><p>There\u2019s a common and outdated misconception that electric cars can\u2019t hold enough charge to get you very far at all. In reality, many modern EVs offer a range of 400km or more on a single charge, making \u201crange anxiety\u201d a thing of the past.<\/p><\/div><\/div><div class=\"u-grid\"><div class=\"u-grid__col u-1\/5\"><img decoding=\"async\" class=\"wp-image-739468 alignleft\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MoneyBagIcon_Canva_300x300.png\" alt=\"\" width=\"123\" height=\"123\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MoneyBagIcon_Canva_300x300.png?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MoneyBagIcon_Canva_300x300.png?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/MoneyBagIcon_Canva_300x300.png?fit=369 369w\" sizes=\"(max-width: 369px) 100vw, 369px\" loading=\"lazy\"><\/div><div class=\"u-grid__col u-4\/5\"><h4><strong>Government incentives<\/strong><\/h4><p>The Canadian government offers rebates for the purchase of zero-emission vehicles under the Incentives for Zero-Emission Vehicles (iZEV) Program. Depending on where you live, you may get a rebate from your provincial government when you buy an electric car in Canada \u2013 more on that a little further down the article.<\/p><\/div><\/div><h3 id=\"types\">Types of electric cars<\/h3><p>If you\u2019re thinking about buying an electric car, some of the technical jargon and acronyms can get a little confusing. To help make it a little easier, let\u2019s take a look at the different types of EVs in Canada.<\/p><ul><li><a href=\"#battery\">Battery electric vehicles<\/a><\/li><li><a href=\"#plugin\">Plug-in hybrid electric vehicles<\/a><\/li><li><a href=\"#hybrid\">Hybrid electric vehicles<\/a><\/li><li><a href=\"#fuelcell\">Fuel-cell electric vehicles<\/a><\/li><\/ul><h3 id=\"battery\">1. Battery electric vehicle (BEV)<\/h3><h4>Features<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul><li>Powered by electric motors and on-board batteries \u2013 doesn\u2019t rely on gas at all.<\/li><li>Doesn\u2019t produce any carbon dioxide or other emissions.<\/li><li>Typically expensive because the engine and battery pack are quite large and expensive (though prices have been falling in recent years).<\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul><li>Uses regenerative braking, which slows the car down and recharges the car\u2019s batteries.<\/li><li>Used to be best for city drivers or those with short commutes, but new models offer increased range.<\/li><li>Modern BEVs offer a driving range of more than 400km.<\/li><\/ul><\/div><\/div><h4>Top-selling electric vehicles in Canada<\/h4><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 40%;\" scope=\"col\">Model<\/th><th style=\"text-align: left; width: 30%;\" scope=\"col\">MSRP<\/th><th style=\"text-align: left; width: 30%;\" scope=\"col\">Max range<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2023 Tesla Model 3<\/strong><\/td><td>$54,990<\/td><td>576km<\/td><\/tr><tr><td><strong>2023 Tesla Model Y<\/strong><\/td><td>$69,990<\/td><td>531km<\/td><\/tr><tr><td><strong>2023 <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/ford-finance-canada\">Ford<\/a> Mustang Mach-E<\/strong><\/td><td>$56,995<\/td><td>397km<\/td><\/tr><tr><td><strong>2023 Hyundai Kona EV<\/strong><\/td><td>$44,599<\/td><td>415km<\/td><\/tr><tr><td><strong>2023 Hyundai IONIQ 5<\/strong><\/td><td>$48,999<\/td><td>488km<\/td><\/tr><tr><td><strong>2023 Chevrolet Bolt EUV<\/strong><\/td><td>$40,548<\/td><td>397km<\/td><\/tr><tr><td><strong>2023 Chevrolet Bolt EV<\/strong><\/td><td>$38,548<\/td><td>417km<\/td><\/tr><tr><td><strong>2023 Volkswagen ID.4<\/strong><\/td><td>$43,995<\/td><td>336km<\/td><\/tr><tr><td><strong>2023 Nissan Leaf<\/strong><\/td><td>$41,248<\/td><td>342km<\/td><\/tr><tr><td><strong>2023 Kia EV6<\/strong><\/td><td>$46,995<\/td><td>373km<\/td><\/tr><\/tbody><\/table><h3 id=\"plugin\">2. Plug-in hybrid electric vehicle (PHEV)<\/h3><h4>Features<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul><li>Has both an electric motor and an internal combustion engine.<\/li><li>Needs to be plugged in and charged to take advantage of its electric engine.<\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul><li>Usually runs on electric power until the battery is nearly out of charge, then switches to the gas-powered engine.<\/li><li>Generally has an electric range of 30\u201375km, making it easy to use for a short daily commute and allowing you to switch over to the gas-powered engine for longer trips.<\/li><\/ul><\/div><\/div><h4>Popular PHEVs in Canada<\/h4><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 50%;\" scope=\"col\">Model<\/th><th style=\"text-align: left; width: 50%;\" scope=\"col\">MSRP<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2023 Ford Escape Plug-in Hybrid<\/strong><\/td><td>$45,499<\/td><\/tr><tr><td><strong>2023 Toyota Prius Prime<\/strong><\/td><td>$36,650<\/td><\/tr><tr><td><strong>2023 Chrysler Pacifica Hybrid<\/strong><\/td><td>$62,190<\/td><\/tr><tr><td><strong>2023 Hyundai Tucson Plug-in Hybrid<\/strong><\/td><td>$40,099<\/td><\/tr><tr><td><strong>2023 Mitsubishi Outlander PHEV<\/strong><\/td><td>$46,538<\/td><\/tr><tr><td><strong>2023 Jeep Wrangler 4xe<\/strong><\/td><td>$62,190<\/td><\/tr><tr><td><strong>2023 Hyundai Santa Fe Plug-in Hybrid<\/strong><\/td><td>$44,999<\/td><\/tr><tr><td><strong>2023 Toyota RAV4 Prime<\/strong><\/td><td>$49,950<\/td><\/tr><tr><td><strong>2023 Kia Niro PHEV<\/strong><\/td><td>$37,995<\/td><\/tr><tr><td><strong>BMW 330e<\/strong><\/td><td>$54,900<\/td><\/tr><\/tbody><\/table><h3 id=\"hybrid\">3. Hybrid electric vehicle (HEV)<\/h3><h4>Features<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul><li>Can\u2019t be plugged in, unlike a PHEV.<\/li><li>Electric engine is designed to boost the fuel efficiency of its gas engine.<\/li><li>Has good fuel efficiency but is best for city driving where the onboard computer system can intuitively switch between engines during start-and-stop traffic.<\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul><li>Reduces your fuel consumption and is a good fit for eco-conscious drivers who don\u2019t want to rely on charging their car nightly.<\/li><li>Not the best choice for those seeking to erase a big chunk of their carbon footprint.<\/li><li>Not eligible for rebates under the federal government\u2019s iZEV Program.<\/li><\/ul><\/div><\/div><h4>Popular hybrid electric vehicles in Canada<\/h4><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 50%;\" scope=\"col\">Model<\/th><th style=\"text-align: left; width: 50%;\" scope=\"col\">MSRP<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2023 Hyundai Elantra Hybrid<\/strong><\/td><td>$26,699<\/td><\/tr><tr><td><strong>2023 Toyota Prius<\/strong><\/td><td>$36,650<\/td><\/tr><tr><td><strong>2023 Toyota Corolla Hybrid<\/strong><\/td><td>$29,890<\/td><\/tr><tr><td><strong>2023 Toyota Camry Hybrid<\/strong><\/td><td>$35,230<\/td><\/tr><tr><td><strong>2023 Hyundai Tucson Hybrid<\/strong><\/td><td>$40,099<\/td><\/tr><tr><td><strong>2023 Hyundai Santa Fe Hybrid<\/strong><\/td><td>$41,699<\/td><\/tr><tr><td><strong>2023 Honda Accord Sport Hybrid<\/strong><\/td><td>$41,000<\/td><\/tr><\/tbody><\/table><h3 id=\"fuelcell\">4. Fuel-cell electric vehicles (FCEV)<\/h3><h4>Features<\/h4><div class=\"u-grid\"><div class=\"u-grid__col u-1\/2@s\"><ul><li>Least common electric car.<\/li><li>Gets its power from the chemical reaction between hydrogen and oxygen \u2013 with water vapour as the only byproduct.<\/li><li>Doesn\u2019t need to be plugged in and can get a range of over 450km on a full tank.<\/li><\/ul><\/div><div class=\"u-grid__col u-1\/2@s\"><ul><li>Hasn\u2019t taken off nationally because of one main problem \u2013 there are only six places in Canada that let you fill up a car that runs on hydrogen (as of March 2023).<\/li><\/ul><\/div><\/div><h4>Fuel-cell electric vehicles in Canada<\/h4><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 50%;\" scope=\"col\">Model<\/th><th style=\"text-align: left; width: 50%;\" scope=\"col\">MSRP<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2022 Hyundai Nexo<\/strong><\/td><td>$71,000<\/td><\/tr><tr><td><strong>2023 Toyota Mirai<\/strong><\/td><td>Not disclosed<\/td><\/tr><\/tbody><\/table><h3>Hydrogen fuel-cell cars<\/h3><p>A hydrogen fuel-cell car runs on electricity produced by compressed hydrogen. Unlike other types of electric vehicles, hydrogen fuel-cell cars don\u2019t need to be charged. Instead, they\u2019re fueled at a pump like gas cars \u2014 but with none of the greenhouse gas emissions.<\/p><p>They\u2019re as safe to drive as any other car. The ability to buy a hydrogen fuel-cell car is limited now, but Natural Resources Canada has plans to help build a cross-country infrastructure by 2050 to bring hydrogen power to everyone in Canada.<\/p><h4>Does Canada have hydrogen fuel stations?<\/h4><p>Hydrogen fuel stations are currently very limited in Canada. You can visit Natural Resources Canada\u2019s <a href=\"https:\/\/www.nrcan.gc.ca\/energy-efficiency\/transportation-alternative-fuels\/electric-charging-alternative-fuelling-stationslocator-map\/20487#\/find\/nearest?fuel=HY&amp;country=CA\" target=\"_blank\" rel=\"noopener\">Electric Charging and Alternative Fuelling Stations Locator<\/a> for a map of hydrogen fuel stations.<\/p><h4>What are the environmental impacts of an HCEV?<\/h4><p>While hydrogen fuel-cell cars are good for the environment, most hydrogen is made in large processing plants and shipped to fueling stations. This makes its production much less green than it would outwardly appear, but it can still be more eco-friendly than other fuels.<\/p><p>But beyond its sometimes dubious fuel origin, hydrogen fuel-cell cars have no emissions besides water. So on the whole, it\u2019s one of the cleanest options out there.<\/p><p><img decoding=\"async\" class=\"wp-image-739468 alignleft has-padding-bottom-small\" title=\"Image: Supplied\" src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg\" alt=\"\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/GreenElectricVehicle_Canva_1200x350.jpg?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/p><h3 id=\"changeev\">How long does it take to charge an electric vehicle?<\/h3><p>It can take anywhere from 30 minutes to over 8 hours to charge your EV. It all depends on the level of your car charger.<\/p><ul><li><strong>Level 1.<\/strong> The slowest option, it often takes over 8 hours to fully charge an EV, but it has its advantages. Level 1 chargers work with almost every EV on the market and use a standard 120-volt outlet.<\/li><li><strong>Level 2.<\/strong> These specialized chargers provide power at 240 volts. They take about four hours to charge an EV and are typically available at workplaces and public charging stations. You can also have this type of charger installed at home.<\/li><li><strong>Level 3.<\/strong> The quickest option, it often takes as little as 30 minutes to complete a charge. However, fast charging may only be available at a dedicated EV charging station. Head to the <a href=\"https:\/\/tc.canada.ca\/en\/road-transportation\/innovative-technologies\/zero-emission-vehicles\/zero-emission-vehicle-charging-stations#\/find\/nearest?country=CA&amp;fuel=ELEC\" target=\"_blank\" rel=\"noopener\">Transport Canada website<\/a> to view a map of charging stations across the country.<\/li><\/ul><h3 id=\"whichbuy\">Which electric car should I buy?<\/h3><p>Not sure which type of electric car is right for you? Check out the pros and cons of each option in the table below:<\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 20%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Pros<\/th><th style=\"text-align: left; width: 40%;\" scope=\"col\">Cons<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>Battery electric vehicles (BEVs)<\/strong><\/td><td><ul class=\"list-1\"><li>Fully electric<\/li><li>Incentives and rebates available<\/li><li>Model range increasing all the time<\/li><li>Good for the environment<\/li><li>Low running costs<\/li><\/ul><\/td><td><ul class=\"list-12\"><li>Most models don\u2019t have the same driving range as gas-powered vehicles<\/li><li>Expensive<\/li><li>New models being released all the time means that if you buy now your EV could soon be outdated<\/li><\/ul><\/td><\/tr><tr><td><strong>Plug-in hybrid electric vehicles (PHEVs)<\/strong><\/td><td><ul class=\"list-1\"><li>Incentives and rebates available<\/li><li>Convenience of a gas engine for longer trips<\/li><li>Lower driving costs than gas-powered vehicles<\/li><li>Allows you to start the switch to electric without having to worry about range<\/li><\/ul><\/td><td><ul class=\"list-12\"><li>Still feature a gas engine so not as eco-friendly as a BEV<\/li><li>Limited electric-only range<\/li><li>More expensive to buy than a gas-powered vehicle<\/li><li>Slow charging from wall outlets<\/li><li>Two sources of power means more could go wrong<\/li><\/ul><\/td><\/tr><tr><td><strong>Hybrid electric vehicles (HEVs)<\/strong><\/td><td><ul class=\"list-1\"><li>Hybrid electric vehicles (HEVs)<\/li><li>Don\u2019t need to be plugged in<\/li><li>Battery recharges itself<\/li><li>Better fuel consumption than a fully gas-powered vehicle<\/li><li>You don\u2019t have the range anxiety you might have with a fully electric vehicle<\/li><\/ul><\/td><td><ul class=\"list-12\"><li>Still feature a gas engine so not as eco-friendly as a BEV<\/li><li>More expensive upfront than gas-powered vehicles<\/li><li>Two sources of power means more could go wrong<\/li><\/ul><\/td><\/tr><tr><td><strong>Fuel-cell electric vehicles (FCEVs)<\/strong><\/td><td><ul class=\"list-1\"><li>Zero-emission vehicles<\/li><li>Fuel efficient<\/li><li>Don\u2019t have to wait around for a battery to recharge \u2013 refuelling is quick<\/li><\/ul><\/td><td><ul class=\"list-12\"><li>Very few models available<\/li><li>Limited refuelling stations<\/li><li>Expensive to buy<\/li><li>Not really a viable option in most areas<\/li><\/ul><\/td><\/tr><\/tbody><\/table><h3 id=\"rebates\">Does Canada give rebates for electric cars?<\/h3><p>Yes, there are incentives available to help make it more affordable to buy an electric car in Canada. The federal government provides point-of-sale incentives of $2,500\u2013$5,000 if you buy or lease a zero-emission vehicle:<\/p><ul><li>BEVs, FCEVs and longer-range PHEVs (50km or more electric range) are eligible for incentives of up to $5,000.<\/li><li>Shorter-range PHEVs (less than 50km electric range) are eligible for incentives of up to $2,500.<\/li><\/ul><p>The EV must also be under a certain price point to qualify, so check with Transport Canada for a list of <a href=\"https:\/\/tc.canada.ca\/en\/road-transportation\/innovative-technologies\/zero-emission-vehicles\/light-duty-zero-emission-vehicles\/eligible-vehicles\" target=\"_blank\" rel=\"noopener\">eligible vehicles<\/a>.<\/p><p>Some provinces also offer their own incentives, which you can combine with the federal rebate:<\/p><h4><strong>British Columbia<\/strong><\/h4><p>Rebates of $500\u2013$2,000 for PHEVs with a range of less than 85km and rebates of $1,000\u2013$4,000 for BEVs and long-range PHEVs (depending on your income). You can also get a rebate of up to 50% (up to $350) of the cost of installing a Level 2 (240-volt) charging station at home.<\/p><h4><strong>New Brunswick<\/strong><\/h4><p>If you buy or lease a new battery electric vehicle or long-range PHEV, a rebate of up to $5,000 is available. A rebate of up to $2,500 is available if you buy a short-range PHEV while there are also rebates for used BEVs and PHEVs as well as home charging stations.<\/p><h4><strong>Newfoundland and Labrador<\/strong><\/h4><p>You can get rebates of $2,500 for all-electric vehicles and $1,500 for plug-in hybrids.<\/p><h4><strong>Nova Scotia<\/strong><\/h4><p>You can access rebates of up to $3,000 for BEVs and long-range PHEVs and up to $2,000 for shorter-range PHEVs. There are also rebates available if you buy a used vehicle.<\/p><h4><strong>Prince Edward Island<\/strong><\/h4><p>PEI residents can access a $5,000 rebate for new and used BEVs and a $2,500 rebate for new and used PHEVs. If you take advantage of the incentive, you also get a free Level 2 charger (installation costs excluded).<\/p><h4><strong>Quebec<\/strong><\/h4><p>Rebates of up to $7,000 for all-electric vehicles, up to $5,000 for plug-in hybrids and up to $7,000 for hydrogen-powered vehicles are available. There\u2019s also a $3,500 rebate for used electric vehicles and a $600 home charging station rebate.<\/p><h3 id=\"howfinance\">How can I finance an electric car in Canada?<\/h3><p>There are four main options available if you want to finance an EV purchase in Canada: manufacturer financing, financing through an online lender, getting a car loan through a traditional lender like a bank or credit union or leasing an electric car. Let\u2019s break down each option in more detail.<\/p><h4>1. Manufacturer financing<\/h4><p>Your first option is to go straight to the manufacturer to finance the purchase of your EV. Car loan terms generally range from 24 to 96 months and you can choose a payment schedule that suits your needs. <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/no-deposit\">No down payment car financing<\/a> is also available.<\/p><p>Manufacturer financing is quick and convenient to access as it\u2019s available at the point of purchase, but it\u2019s worth shopping around to make sure you get a competitive rate. Take note that you\u2019ll also need to undergo a credit check before you can get approved for finance.<\/p><p>The table below shows manufacturer finance options for a car loan to buy a selection of popular EVs.<\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 17%;\" scope=\"col\">Vehicle<\/th><th style=\"text-align: left; width: 17%;\" scope=\"col\">Price<\/th><th style=\"text-align: left; width: 17%;\" scope=\"col\">Loan term<\/th><th style=\"text-align: left; width: 15%;\" scope=\"col\">APR<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2023 Hyundai Kona EV<\/strong><\/td><td>$47,252<\/td><td>Select terms<\/td><td>5.99%<\/td><\/tr><tr><td><strong>2023 Tesla Model 3<\/strong><\/td><td>$56,980<\/td><td>Select terms<\/td><td>6.48% \u2013 6.64%<\/td><\/tr><tr><td><strong>2023 Ford Mustang Mach-E<\/strong><\/td><td>$56,995<\/td><td>84 months<\/td><td>7.49%<\/td><\/tr><\/tbody><\/table><p><em>Details last verified on March 31, 2023<\/em><\/p><h4>2. Get a car loan from an online lender<\/h4><p>To find the best rate, it\u2019s worth comparing manufacturer finance offers with those from online lenders. Terms of up to 96 months are available while the maximum loan amount varies between lenders.<\/p><p>Online lenders tend to have more lenient eligibility criteria than traditional finance providers. So if your credit score is less than perfect, look for an online lender who will look at your income rather than your credit history when deciding whether to offer you a loan.<\/p><p>However, make sure you\u2019re aware that if you have bad credit, you\u2019ll only be able to access higher rates and lower loan amounts. You may also need to fork out a larger down payment.<\/p><article class=\"luna-card luna-card--primary luna-card--border\">\n  <div class=\"luna-card__block\" style=\"padding:0.7em\">\n<span style=\"font-size:0.9em; font-weight: 800; font-style: italic; text-transform: uppercase;\">Related: <\/span><a href=\"https:\/\/www.finder.com\/ca\/car-loans\" style=\"text-decoration:underline; font-size:0.9em;\">Car loans in Canada<\/a>\n<\/div>\n<\/article><h3>Compare financing options for an electric vehicle<\/h3><p>Take a step towards clean energy with one of the Canadian car loan providers in the table below who offer financing for clean energy vehicles.<\/p><div class=\"content tableWithFilters\n        \n        \n         -table-container\" id=\"comparison-table\" data-section=\"table\">\n    <div class=\"tableWithFilters__tableTop\">\n            <\/div>\n            <div class=\"contentWrapper tableWithFilters__contentWrapper \">\n        <div class=\"tableWithFilters__table 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class=\"comparison-table__sortIcon--asc luna-icon\"><use href=\"#arrow-up\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--desc luna-icon\"><use href=\"#arrow-down\"><\/use><\/svg><\/th><th data-ajax-table-sorter-column=\"CAFCL.PRODUCT.DATAPOINT_CAFCL_APR_LARGE\" class=\"comparison-table__feature  tablesorter-header tablesorter-headerUnSorted comparison-table__sortable \" data-field-targetable=\"\" data-sorter-title=\"apr_range\">\n                                                        APR Range\n                                                      <svg class=\"luna-icon comparison-table__sortIcon\"><use href=\"#chevron-up-down\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--asc luna-icon\"><use href=\"#arrow-up\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--desc luna-icon\"><use href=\"#arrow-down\"><\/use><\/svg><\/th><th data-ajax-table-sorter-column=\"CAFCL.PRODUCT.DATAPOINT_CAFCL_LOAN_AMOUNT_RANGE_LARGE\" class=\"comparison-table__feature  tablesorter-header tablesorter-headerUnSorted comparison-table__sortable \" data-field-targetable=\"\" data-sorter-title=\"loan_amount\">\n                                                        Loan Amount\n                                                      <svg class=\"luna-icon comparison-table__sortIcon\"><use href=\"#chevron-up-down\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--asc luna-icon\"><use href=\"#arrow-up\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--desc luna-icon\"><use href=\"#arrow-down\"><\/use><\/svg><\/th><th data-ajax-table-sorter-column=\"CAFCL.PRODUCT.DATAPOINT_CAFCL_LOAN_TERM_LARGE\" class=\"comparison-table__feature  tablesorter-header tablesorter-headerUnSorted comparison-table__sortable \" data-field-targetable=\"\" data-sorter-title=\"loan_term\">\n                                                        Loan Term\n                                                      <svg class=\"luna-icon comparison-table__sortIcon\"><use href=\"#chevron-up-down\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--asc luna-icon\"><use href=\"#arrow-up\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--desc luna-icon\"><use href=\"#arrow-down\"><\/use><\/svg><\/th><th class=\"comparison-table__feature comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false  \" data-field-targetable=\"\" data-sorter-title=\"requirements\">\n                                                        Requirements\n                                                      <svg class=\"luna-icon comparison-table__sortIcon\"><use href=\"#chevron-up-down\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--asc luna-icon\"><use href=\"#arrow-up\"><\/use><\/svg><svg class=\"comparison-table__sortIcon--desc luna-icon\"><use href=\"#arrow-down\"><\/use><\/svg><\/th><th data-ajax-table-sorter-column=\"PRODUCT.GENERAL.BROKER_COMPLIANCE\" class=\"comparison-table__feature comparison-table__feature--longtext 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100%;\n\t\tletter-spacing: -0.025em;\n\t\tfont-feature-settings: 'tnum' on, 'lnum' on;\n\t\tpadding: 2px;\n\t}\n\n\t.rewards-infobox .deals-countdown__separator {\n\t\tcolor: #fff;\n\t\tfont-size: 16px;\n\t\tfont-weight: 600;\n\t}\n\n\t@media (max-width: 600px) {\n\t\t.rewards-infobox .deals-countdown__value {\n\t\t\tpadding: 2px;\n\t\t}\n\t}\n\n\t\ttd.comparison-table__feature--longtext div.comparison-table__cellWrapper { width: 100%; }\n\n\t\t@media (max-width: 600px) {\n\t\t.reward-col-order-3 { grid-row: 3 !important; }\n\t\t.reward-col-order-4 { grid-row: 4 !important; }\n\t\t.reward-col-order-5 { grid-row: 5 !important; }\n\t\t.reward-col-order-6 { grid-row: 6 !important; }\n\t\t.reward-col-order-7 { grid-row: 7 !important; }\n\t\t.reward-col-order-8 { grid-row: 8 !important; }\n\t\t.reward-col-order-neg-3 { grid-row: -3 !important; }\n\t\t.reward-col-order-neg-4 { grid-row: -4 !important; }\n\t\t.reward-col-order-neg-5 { grid-row: -5 !important; }\n\t\t.reward-col-order-neg-6 { grid-row: -6 !important; }\n\t\t.reward-col-order-neg-7 { grid-row: -7 !important; }\n\t\t.reward-col-order-neg-8 { grid-row: -8 !important; }\n\t}\n<\/style><style>\n  \/* Gold gradient on minimal UX reward rows (desktop only) *\/\n  @media (min-width: 601px) {\n    tr[data-minimal-ux=\"true\"][data-should-show-rewards=\"true\"] {\n      background: linear-gradient(45deg, rgba(255, 210, 59, 0) 76%, rgba(255, 210, 59, 0.5) 100%), #fff;\n      background-repeat: no-repeat;\n      background-size: 50% 50%;\n      background-position: top right;\n    }\n  }\n\n  tr[data-minimal-ux=\"true\"][data-should-show-rewards=\"true\"] > td.comparison-table__cta {\n    gap: 4px;\n    margin-top: 0 !important;\n  }\n\n  \/* Pill wrapper centered in CTA cell (td is display:grid with 3 columns) *\/\n  .rewards-pill-wrapper {\n    z-index: 3;\n    align-self: flex-end;\n    justify-self: flex-end;\n\n    @media (max-width: 600px) {\n      grid-column: 1 \/ -1;\n      text-align: center;\n      justify-self: unset;\n    }\n  }\n\n  .rewards-pill {\n    display: inline-flex;\n    align-items: center;\n    gap: 6px;\n    background: #FFD23B;\n    border: 1px solid #E6B40F;\n    border-radius: 999px;\n    padding: 0px 8px 0px 2px;\n    cursor: pointer;\n    position: relative;\n    overflow: visible;\n    transition: filter 0.15s ease;\n    height: 24px;\n    box-sizing: border-box;\n\n    @media (max-width: 600px) {\n      box-shadow: 0 0 24px 0 rgba(255, 210, 59, 0.75);\n    }\n  }\n\n  .rewards-pill__shimmer {\n    position: absolute;\n    top: 0;\n    left: 0;\n    right: 0;\n    width: 100%;\n    height: 100%;\n    border-radius: 999px;\n    overflow: hidden;\n    pointer-events: none;\n  }\n\n  .rewards-pill__shimmer::after {\n    content: '';\n    position: absolute;\n    top: 0;\n    width: 50%;\n    height: 100%;\n    background: linear-gradient(\n      90deg,\n      transparent 0%,\n      rgba(255, 255, 255, 0.5) 50%,\n      transparent 100%\n    );\n    animation: rewards-pill-shimmer 4s infinite;\n  }\n\n  .rewards-pill__icon {\n    z-index: 2;\n    display: flex;\n    align-items: center;\n    flex-shrink: 0;\n    position: relative;\n  }\n\n  .rewards-pill__icon-svg {\n    width: 48.5px;\n    height: 34.6px;\n    overflow: visible;\n  }\n\n  .rewards-pill__star {\n    position: absolute;\n    z-index: 4;\n    opacity: 0;\n    pointer-events: none;\n    width: 22px;\n    height: 22px;\n    top: 50%;\n    left: 50%;\n    margin-top: -19px;\n    margin-left: -6px;\n    animation: rewards-pill-star-rotate 4s infinite;\n  }\n\n  .rewards-pill__text {\n    font-size: 16px;\n    font-style: italic;\n    font-weight: 900;\n    text-transform: uppercase;\n    letter-spacing: 0px;\n    color: #232320;\n    z-index: 1;\n    line-height: 24px;\n    white-space: nowrap;\n  }\n\n  @keyframes rewards-pill-shimmer {\n    0% {\n      transform: translateX(100%);\n    }\n    20% {\n      transform: translateX(-100%);\n    }\n    100% {\n      transform: translateX(-100%);\n    }\n  }\n\n  \/* Rewards Pill Countdown - wrapper layout for countdown + pill *\/\n  .rewards-pill-wrapper:has(.rewards-pill-countdown:not([hidden])) {\n    display: flex;\n    align-items: center;\n\n    @media (min-width: 601px) {\n      flex-direction: row;\n      gap: 10px;\n      margin-bottom: 6px;\n    }\n\n    @media (max-width: 600px) {\n      flex-direction: column;\n      gap: 12px;\n    }\n  }\n\n  .rewards-pill-countdown[hidden] {\n    display: none !important;\n  }\n\n  .rewards-pill-countdown {\n    font-family: 'Modern Era', Arial, sans-serif;\n    font-weight: 800;\n    font-size: 12px;\n    line-height: 100%;\n    letter-spacing: -0.025em;\n    font-variant-numeric: lining-nums tabular-nums;\n    color: #232320;\n    white-space: nowrap;\n    display: flex;\n    align-items: center;\n\n    @media (min-width: 601px) {\n      order: -1;\n    }\n\n    @media (max-width: 600px) {\n      justify-content: center;\n      margin-bottom: 8px;\n    }\n  }\n\n  .rewards-pill-countdown__timer {\n    display: inline;\n  }\n\n  .rewards-pill-countdown__sep {\n    margin: 0 1px;\n  }\n\n  @keyframes rewards-pill-star-rotate {\n    0% {\n      opacity: 0;\n      transform: rotate(0deg) scale(0);\n    }\n    5% {\n      opacity: 1;\n      transform: rotate(45deg) scale(1);\n    }\n    15% {\n      opacity: 1;\n      transform: rotate(135deg) scale(1);\n    }\n    20% {\n      opacity: 0;\n      transform: rotate(180deg) scale(0);\n    }\n    100% {\n      opacity: 0;\n      transform: rotate(180deg) scale(0);\n    }\n  }\n<\/style><tr data-product-id=\"5ba47813-dec4-4734-8778-bfa4edb45aab\" data-provider-id=\"de539f0b-5b87-4abf-aa61-e7e3b8329b58\" data-product-name=\"CarsFast Car Loans\" data-provider-name=\"CarsFast\" class=\"grid-column-count-4  mobile-column-count-3 mobile-row-count-7  js-comparison-table__row  heroInTable__featuredProduct heroInTable__featuredProduct--yellow\"><td class=\"comparison-table__name combined-column-header sponsored-row  f1-clarity-header\"><div class=\"table-disclaimer__cellWrapper\"><button class=\"table-disclaimer\" data-target=\"#disclaimer_popup\" data-toggle=\"modal\" title=\"Important information about this website\" type=\"button\"><span class=\"table-disclaimer__text\"><span class=\"badge-text\">Promoted<\/span><\/span><svg class=\"luna-icon\" aria-hidden=\"true\"><use xlink:href=\"#info\"><\/use><\/svg><\/button><\/div><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/carsfast-car-loan\" data-component-id=\"1003\" data-component-version=\"1\"><img decoding=\"async\" border=\"0\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png\" alt=\"CarsFast logo\" class=\"lazysizes\" srcset=\"https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/67c8b89a3e503.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/a><div class=\"finder-score-container\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.8<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><div class=\"product-info_name combined-column-header\"><span class=\"nameLink\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/carsfast-car-loan\" target=\"_blank\" data-component-id=\"1014\" data-component-version=\"1\">CarsFast Car Loans<\/a><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                            first-row\n                                                                                                                        default-sort-descending\" data-mobile=\"hide\" data-sortvalue=\"\" data-column-index=\"1\" data-decorator=\"text,cafcl.product.datapoint_cafcl_finder_score\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Finder Score\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.8<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                                                rounded-top-left\n                                                                                rounded-bottom-left\n                                                                                                                                                                                                                            \" data-sortvalue=\"\" data-column-index=\"2\" data-decorator=\"text,cafcl.product.datapoint_cafcl_apr_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"APR Range\"><span class=\"detail-highlight\">3.90% - 29.90%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                                                                                                                                                                                  bottom-order-3\n                                                                                \" data-sortvalue=\"\" data-column-index=\"3\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_amount_range_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Amount\"><span class=\"detail-highlight\">$500 - $75,000<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                rounded-top-right\n                                                                                rounded-bottom-right\n                                                                                                                                                                                                                                                                                                    \" data-sortvalue=\"\" data-column-index=\"4\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_term_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Term\"><span class=\"detail-highlight\">12 - 96 months<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false\" data-sortvalue=\"Requirements: {{DETAILS.REQUIREMENTS}}\" data-column-index=\"5\" data-decorator=\"text,cafcl.value.misc_table_offer_cafcl\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Requirements\"><style>td.comparison-table__feature--longtext div.comparison-table__cellWrapper { width:  100%; }<\/style><div class=\"has-margin-bottom-xxsmall\" style=\"width: 100%; background-color: #F5F4EF; color: #; font-weight: 600; padding: 0.85em !important; border-radius: 3px; line-height: 18px;\">Requirements: Min. income of $2,000 \/month, 3+ months employed<\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext margin-bottom padding-bottom no-padding-top\" data-sortvalue=\"CarsFast will connect you with a dealership near you to help you find the right financing.\" data-column-index=\"6\" data-decorator=\"text\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Broker Compliance\">\n                        CarsFast will connect you with a dealership near you to help you find the right financing.\n                                          <\/div><\/td><td class=\"comparison-table__feature comparison-table__cta coa-data cta-column-count-4 bottom-order-4\"><div class=\"comparison-table__cellWrapper\"><a data-component-props='{\"finderScore\":8.8,\"badges\":[],\"productId\":\"5ba47813-dec4-4734-8778-bfa4edb45aab\"}' data-component-id=\"1026\" data-component-version=\"1\" target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/car-loans\/carsfast-lendingarch-ca-car-loan-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22table%22%2C%22site%22%3A%22CAFCL%22%2C%22fieldset%22%3A%22cafcl-generic%22%2C%22template%22%3A%22comparison%22%2C%22category_id%22%3A%2217d1efe0-f67f-4a2b-bf7d-32d9380d5afb%22%2C%22category_name%22%3A%22All%2BCar%2BLoans%22%2C%22is_sorted%22%3A%220%22%2C%22is_filtered%22%3A%220%22%2C%22cta_render_ts%22%3A%221776205759%22%2C%22sponsored%22%3A%221%22%2C%22position%22%3A%221%22%2C%22offer_id%22%3A%2216112%22%2C%22niche_code%22%3A%22CAFCL%22%2C%22product_id%22%3A%225ba47813-dec4-4734-8778-bfa4edb45aab%22%2C%22product_name%22%3A%22CarsFast%2BCar%2BLoans%22%2C%22post_id%22%3A%221012217%22%2C%22post_path%22%3A%22car-loans%252Fbuying-and-financing-ev%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--success luna-button--medium has-margin-bottom-xsmall button--cta\" title=\"Go to CarsFast's site\">Go to site<\/a><a href=\"#\" class=\"comparison-table__more-button\" title=\"Read more about CarsFast Car Loans\" data-component-id=\"1003\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.8,\"badges\":[],\"productId\":\"5ba47813-dec4-4734-8778-bfa4edb45aab\"}' data-custom-event-active=\"true\"><svg class=\"luna-icon\"><use href=\"#info\"><\/use><\/svg><span>View details<\/span><\/a><div class=\"luna-form__selection comparison-table__compareField\"><fieldset><legend class=\"compare-box__legend\">Compare product selection<\/legend><input class=\"luna-checkbox\" type=\"checkbox\" id=\"compare-product-0000000002-5ba47813-dec4-4734-8778-bfa4edb45aab\" value=\"5ba47813-dec4-4734-8778-bfa4edb45aab\" name=\"productID\" _productname=\"@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}    Finder score                      \t               8.8                    Great                                          CarsFast Car Loans            \" _productimg=\"\/product\/\" data-custom-event-active=\"true\" data-component-id=\"1004\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.8,\"badges\":[],\"productId\":\"5ba47813-dec4-4734-8778-bfa4edb45aab\"}'><label class=\"luna-label\" for=\"compare-product-0000000002-5ba47813-dec4-4734-8778-bfa4edb45aab\">Compare<\/label><\/fieldset><\/div><\/div><\/td><td class=\"comparison-table__expander js-comparison-table__expander hide sidepeek-modal-slider\" aria-hidden=\"true\"><div class=\"sidepeek-modal-slider__overlay\"><\/div><div class=\"sidepeek-modal-slider__content\"><div class=\"sidepeek-modal-slider__close-wrapper\"><button type=\"button\" class=\"sidepeek-modal-slider__close js-expander-trigger\" aria-label=\"Close modal\"><svg class=\"luna-icon sidepeek-modal-slider__close-icon\"><use href=\"#x\"><\/use><\/svg><\/button><\/div><div class=\"comparison-table__cellWrapper\"><div class=\"comparison-table__expander--fetching center-over\"><div class=\"relativeloading-pulse__box loading-pulse__box-notext\"><span class=\"loading-pulse loading-pulse--medium loading-pulse--primary\">loading<\/span><\/div><\/div><\/div><\/div><\/td><\/tr><tr data-product-id=\"443c52a6-96bc-495d-82c8-bfb5be873298\" data-provider-id=\"0a97dc4f-7c12-41c3-81be-8e90f58eb3d1\" data-product-name=\"My Auto Approval Vehicle Loan\" data-provider-name=\"My Auto Approval\" class=\"grid-column-count-4  mobile-column-count-3 mobile-row-count-7  js-comparison-table__row  heroInTable__featuredProduct heroInTable__featuredProduct--yellow\"><td class=\"comparison-table__name combined-column-header sponsored-row  f1-clarity-header\"><div class=\"table-disclaimer__cellWrapper\"><button class=\"table-disclaimer\" data-target=\"#disclaimer_popup\" data-toggle=\"modal\" title=\"Important information about this website\" type=\"button\"><span class=\"table-disclaimer__text\"><span class=\"badge-text\">Promoted<\/span><\/span><svg class=\"luna-icon\" aria-hidden=\"true\"><use xlink:href=\"#info\"><\/use><\/svg><\/button><\/div><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/my-auto-approval-review\" data-component-id=\"1003\" data-component-version=\"1\"><img decoding=\"async\" border=\"0\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png\" alt=\"My Auto Approval logo\" class=\"lazysizes\" srcset=\"https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/678e98baec5ed.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/a><div class=\"finder-score-container\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--excellent\"><span class=\"score__value\">9<\/span><\/span><span class=\"score__text-wrapper score__text score__text--excellent\">        Excellent      <\/span><\/a><\/div><\/div><div class=\"product-info_name combined-column-header\"><span class=\"nameLink\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/my-auto-approval-review\" target=\"_blank\" data-component-id=\"1014\" data-component-version=\"1\">My Auto Approval Vehicle Loan<\/a><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                            first-row\n                                                                                                                        default-sort-descending\" data-mobile=\"hide\" data-sortvalue=\"\" data-column-index=\"1\" data-decorator=\"text,cafcl.product.datapoint_cafcl_finder_score\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Finder Score\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--excellent\"><span class=\"score__value\">9<\/span><\/span><span class=\"score__text-wrapper score__text score__text--excellent\">        Excellent      <\/span><\/a><\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                                                rounded-top-left\n                                                                                rounded-bottom-left\n                                                                                                                                                                                                                            \" data-sortvalue=\"\" data-column-index=\"2\" data-decorator=\"text,cafcl.product.datapoint_cafcl_apr_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"APR Range\"><span class=\"detail-highlight\">0% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"0% financing is for new cars only. Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                                                                                                                                                                                  bottom-order-3\n                                                                                \" data-sortvalue=\"\" data-column-index=\"3\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_amount_range_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Amount\"><span class=\"detail-highlight\">$5,000 - $75,000<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                rounded-top-right\n                                                                                rounded-bottom-right\n                                                                                                                                                                                                                                                                                                    \" data-sortvalue=\"\" data-column-index=\"4\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_term_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Term\"><span class=\"detail-highlight\">12 - 96 months<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false\" data-sortvalue=\"Requirements: {{DETAILS.REQUIREMENTS}}\" data-column-index=\"5\" data-decorator=\"text,cafcl.value.misc_table_offer_cafcl\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Requirements\"><style>td.comparison-table__feature--longtext div.comparison-table__cellWrapper { width:  100%; }<\/style><div class=\"has-margin-bottom-xxsmall\" style=\"width: 100%; background-color: #F5F4EF; color: #; font-weight: 600; padding: 0.85em !important; border-radius: 3px; line-height: 18px;\">Requirements: Min. income of $1,800 \/month, 3+ months employed<\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext margin-bottom padding-bottom no-padding-top\" data-sortvalue=\"My Auto Approval is a loan search platform. Get matched with a suitable dealer based on your credit history and borrowing requirements.\" data-column-index=\"6\" data-decorator=\"text\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Broker Compliance\">\n                        My Auto Approval is a loan search platform. Get matched with a suitable dealer based on your credit history and borrowing requirements.\n                                          <\/div><\/td><td class=\"comparison-table__feature comparison-table__cta coa-data cta-column-count-4 bottom-order-4\"><div class=\"comparison-table__cellWrapper\"><a data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"443c52a6-96bc-495d-82c8-bfb5be873298\"}' data-component-id=\"1026\" data-component-version=\"1\" target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/car-loans\/myautoapproval-car-loans-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22table%22%2C%22site%22%3A%22CAFCL%22%2C%22fieldset%22%3A%22cafcl-generic%22%2C%22template%22%3A%22comparison%22%2C%22category_id%22%3A%2217d1efe0-f67f-4a2b-bf7d-32d9380d5afb%22%2C%22category_name%22%3A%22All%2BCar%2BLoans%22%2C%22is_sorted%22%3A%220%22%2C%22is_filtered%22%3A%220%22%2C%22cta_render_ts%22%3A%221776205759%22%2C%22sponsored%22%3A%221%22%2C%22position%22%3A%222%22%2C%22offer_id%22%3A%2225813%22%2C%22niche_code%22%3A%22CAFCL%22%2C%22product_id%22%3A%22443c52a6-96bc-495d-82c8-bfb5be873298%22%2C%22product_name%22%3A%22My%2BAuto%2BApproval%2BVehicle%2BLoan%22%2C%22post_id%22%3A%221012217%22%2C%22post_path%22%3A%22car-loans%252Fbuying-and-financing-ev%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--success luna-button--medium has-margin-bottom-xsmall button--cta\" title=\"Go to My Auto Approval's site\">Go to site<\/a><a href=\"#\" class=\"comparison-table__more-button\" title=\"Read more about My Auto Approval Vehicle Loan\" data-component-id=\"1003\" data-component-version=\"1\" data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"443c52a6-96bc-495d-82c8-bfb5be873298\"}' data-custom-event-active=\"true\"><svg class=\"luna-icon\"><use href=\"#info\"><\/use><\/svg><span>View details<\/span><\/a><div class=\"luna-form__selection comparison-table__compareField\"><fieldset><legend class=\"compare-box__legend\">Compare product selection<\/legend><input class=\"luna-checkbox\" type=\"checkbox\" id=\"compare-product-0000000002-443c52a6-96bc-495d-82c8-bfb5be873298\" value=\"443c52a6-96bc-495d-82c8-bfb5be873298\" name=\"productID\" _productname=\"@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}    Finder score                      \t               9                    Excellent                                          My Auto Approval Vehicle Loan            \" _productimg=\"\/product\/\" data-custom-event-active=\"true\" data-component-id=\"1004\" data-component-version=\"1\" data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"443c52a6-96bc-495d-82c8-bfb5be873298\"}'><label class=\"luna-label\" for=\"compare-product-0000000002-443c52a6-96bc-495d-82c8-bfb5be873298\">Compare<\/label><\/fieldset><\/div><\/div><\/td><td class=\"comparison-table__expander js-comparison-table__expander hide sidepeek-modal-slider\" aria-hidden=\"true\"><div class=\"sidepeek-modal-slider__overlay\"><\/div><div class=\"sidepeek-modal-slider__content\"><div class=\"sidepeek-modal-slider__close-wrapper\"><button type=\"button\" class=\"sidepeek-modal-slider__close js-expander-trigger\" aria-label=\"Close modal\"><svg class=\"luna-icon sidepeek-modal-slider__close-icon\"><use href=\"#x\"><\/use><\/svg><\/button><\/div><div class=\"comparison-table__cellWrapper\"><div class=\"comparison-table__expander--fetching center-over\"><div class=\"relativeloading-pulse__box loading-pulse__box-notext\"><span class=\"loading-pulse loading-pulse--medium loading-pulse--primary\">loading<\/span><\/div><\/div><\/div><\/div><\/td><\/tr><tr data-product-id=\"de1c9023-15d0-4348-91ea-3fc9fa05ca59\" data-provider-id=\"64f3760a-9630-4758-a75f-5f8b97ee3ef1\" data-product-name=\"Clutch Car Loans\" data-provider-name=\"Clutch\" class=\"grid-column-count-4  mobile-column-count-3 mobile-row-count-7  js-comparison-table__row  heroInTable__featuredProduct heroInTable__featuredProduct--yellow\"><td class=\"comparison-table__name combined-column-header sponsored-row  f1-clarity-header\"><div class=\"table-disclaimer__cellWrapper\"><button class=\"table-disclaimer\" data-target=\"#disclaimer_popup\" data-toggle=\"modal\" title=\"Important information about this website\" type=\"button\"><span class=\"table-disclaimer__text\"><span class=\"badge-text\">Promoted<\/span><\/span><svg class=\"luna-icon\" aria-hidden=\"true\"><use xlink:href=\"#info\"><\/use><\/svg><\/button><\/div><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/online-car-dealers-canada\/clutch-review\" data-component-id=\"1003\" data-component-version=\"1\"><img decoding=\"async\" border=\"0\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png\" alt=\"Clutch logo\" class=\"lazysizes\" srcset=\"https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/61ead18a0cdce.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/a><div class=\"finder-score-container\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.7<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><div class=\"product-info_name combined-column-header\"><span class=\"nameLink\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/online-car-dealers-canada\/clutch-review\" target=\"_blank\" data-component-id=\"1014\" data-component-version=\"1\">Clutch Car Loans<\/a><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                            first-row\n                                                                                                                        default-sort-descending\" data-mobile=\"hide\" data-sortvalue=\"\" data-column-index=\"1\" data-decorator=\"text,cafcl.product.datapoint_cafcl_finder_score\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Finder Score\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.7<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                                                rounded-top-left\n                                                                                rounded-bottom-left\n                                                                                                                                                                                                                            \" data-sortvalue=\"\" data-column-index=\"2\" data-decorator=\"text,cafcl.product.datapoint_cafcl_apr_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"APR Range\"><span class=\"detail-highlight\">From 7.99%<span class=\"table-popover\" rel=\"popover\" data-content=\"Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                                                                                                                                                                                  bottom-order-3\n                                                                                \" data-sortvalue=\"\" data-column-index=\"3\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_amount_range_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Amount\"><span class=\"detail-highlight\">$7,500 - No max.<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                rounded-top-right\n                                                                                rounded-bottom-right\n                                                                                                                                                                                                                                                                                                    \" data-sortvalue=\"\" data-column-index=\"4\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_term_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Term\"><span class=\"detail-highlight\">24 - 96 months<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false\" data-sortvalue=\"Requirements: {{DETAILS.REQUIREMENTS}}\" data-column-index=\"5\" data-decorator=\"text,cafcl.value.misc_table_offer_cafcl\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Requirements\"><style>td.comparison-table__feature--longtext div.comparison-table__cellWrapper { width:  100%; }<\/style><div class=\"has-margin-bottom-xxsmall\" style=\"width: 100%; background-color: #F5F4EF; color: #; font-weight: 600; padding: 0.85em !important; border-radius: 3px; line-height: 18px;\">Requirements: 3+ months employed; maximum 1 bankruptcy; only available in Ontario, New Brunswick and Nova Scotia<\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext margin-bottom padding-bottom no-padding-top\" data-sortvalue=\"Apply for financing with online dealer Clutch, who partners with some of Canada\u2019s largest financial institutions to get you competitive interest rates.\" data-column-index=\"6\" data-decorator=\"text\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Broker Compliance\">\n                        Apply for financing with online dealer Clutch, who partners with some of Canada\u2019s largest financial institutions to get you competitive interest rates.\n                                          <\/div><\/td><td class=\"comparison-table__feature comparison-table__cta coa-data cta-column-count-4 bottom-order-4\"><div class=\"comparison-table__cellWrapper\"><a data-component-props='{\"finderScore\":8.7,\"badges\":[],\"productId\":\"de1c9023-15d0-4348-91ea-3fc9fa05ca59\"}' data-component-id=\"1026\" data-component-version=\"1\" target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/car-loans\/clutch-car-financing-ca-car-loans-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22table%22%2C%22site%22%3A%22CAFCL%22%2C%22fieldset%22%3A%22cafcl-generic%22%2C%22template%22%3A%22comparison%22%2C%22category_id%22%3A%2217d1efe0-f67f-4a2b-bf7d-32d9380d5afb%22%2C%22category_name%22%3A%22All%2BCar%2BLoans%22%2C%22is_sorted%22%3A%220%22%2C%22is_filtered%22%3A%220%22%2C%22cta_render_ts%22%3A%221776205759%22%2C%22sponsored%22%3A%221%22%2C%22position%22%3A%223%22%2C%22offer_id%22%3A%2221758%22%2C%22niche_code%22%3A%22CAFCL%22%2C%22product_id%22%3A%22de1c9023-15d0-4348-91ea-3fc9fa05ca59%22%2C%22product_name%22%3A%22Clutch%2BCar%2BLoans%22%2C%22post_id%22%3A%221012217%22%2C%22post_path%22%3A%22car-loans%252Fbuying-and-financing-ev%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--success luna-button--medium has-margin-bottom-xsmall button--cta\" title=\"Go to Clutch's site\">Go to site<\/a><a href=\"#\" class=\"comparison-table__more-button\" title=\"Read more about Clutch Car Loans\" data-component-id=\"1003\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.7,\"badges\":[],\"productId\":\"de1c9023-15d0-4348-91ea-3fc9fa05ca59\"}' data-custom-event-active=\"true\"><svg class=\"luna-icon\"><use href=\"#info\"><\/use><\/svg><span>View details<\/span><\/a><div class=\"luna-form__selection comparison-table__compareField\"><fieldset><legend class=\"compare-box__legend\">Compare product selection<\/legend><input class=\"luna-checkbox\" type=\"checkbox\" id=\"compare-product-0000000002-de1c9023-15d0-4348-91ea-3fc9fa05ca59\" value=\"de1c9023-15d0-4348-91ea-3fc9fa05ca59\" name=\"productID\" _productname=\"@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}    Finder score                      \t               8.7                    Great                                          Clutch Car Loans            \" _productimg=\"\/product\/\" data-custom-event-active=\"true\" data-component-id=\"1004\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.7,\"badges\":[],\"productId\":\"de1c9023-15d0-4348-91ea-3fc9fa05ca59\"}'><label class=\"luna-label\" for=\"compare-product-0000000002-de1c9023-15d0-4348-91ea-3fc9fa05ca59\">Compare<\/label><\/fieldset><\/div><\/div><\/td><td class=\"comparison-table__expander js-comparison-table__expander hide sidepeek-modal-slider\" aria-hidden=\"true\"><div class=\"sidepeek-modal-slider__overlay\"><\/div><div class=\"sidepeek-modal-slider__content\"><div class=\"sidepeek-modal-slider__close-wrapper\"><button type=\"button\" class=\"sidepeek-modal-slider__close js-expander-trigger\" aria-label=\"Close modal\"><svg class=\"luna-icon sidepeek-modal-slider__close-icon\"><use href=\"#x\"><\/use><\/svg><\/button><\/div><div class=\"comparison-table__cellWrapper\"><div class=\"comparison-table__expander--fetching center-over\"><div class=\"relativeloading-pulse__box loading-pulse__box-notext\"><span class=\"loading-pulse loading-pulse--medium loading-pulse--primary\">loading<\/span><\/div><\/div><\/div><\/div><\/td><\/tr><tr data-product-id=\"98559dd6-c17b-40fb-a619-3014d270fc9d\" data-provider-id=\"12ee2ade-e1e9-43f0-b34b-760e916e902f\" data-product-name=\"Loans Canada Car Loans\" data-provider-name=\"Loans Canada \" class=\"grid-column-count-4  mobile-column-count-3 mobile-row-count-7  js-comparison-table__row  \"><td class=\"comparison-table__name combined-column-header   f1-clarity-header\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/loans-canada-car-loans-review\" data-component-id=\"1003\" data-component-version=\"1\"><img decoding=\"async\" border=\"0\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png\" alt=\"Loans Canada  logo\" class=\"lazysizes\" srcset=\"https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/5f8f0c7f7fe9e.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/a><div class=\"finder-score-container\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--excellent\"><span class=\"score__value\">9<\/span><\/span><span class=\"score__text-wrapper score__text score__text--excellent\">        Excellent      <\/span><\/a><\/div><\/div><div class=\"product-info_name combined-column-header\"><span class=\"nameLink\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/loans-canada-car-loans-review\" target=\"_blank\" data-component-id=\"1014\" data-component-version=\"1\">Loans Canada Car Loans<\/a><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                            first-row\n                                                                                                                        default-sort-descending\" data-mobile=\"hide\" data-sortvalue=\"\" data-column-index=\"1\" data-decorator=\"text,cafcl.product.datapoint_cafcl_finder_score\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Finder Score\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--excellent\"><span class=\"score__value\">9<\/span><\/span><span class=\"score__text-wrapper score__text score__text--excellent\">        Excellent      <\/span><\/a><\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                                                rounded-top-left\n                                                                                rounded-bottom-left\n                                                                                                                                                                                                                            \" data-sortvalue=\"\" data-column-index=\"2\" data-decorator=\"text,cafcl.product.datapoint_cafcl_apr_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"APR Range\"><span class=\"detail-highlight\">0% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"0% financing is for new cars only. Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                                                                                                                                                                                  bottom-order-3\n                                                                                \" data-sortvalue=\"\" data-column-index=\"3\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_amount_range_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Amount\"><span class=\"detail-highlight\">$3,000 - $50,000<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                rounded-top-right\n                                                                                rounded-bottom-right\n                                                                                                                                                                                                                                                                                                    \" data-sortvalue=\"\" data-column-index=\"4\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_term_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Term\"><span class=\"detail-highlight\">3-60 months<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false\" data-sortvalue=\"Requirements: {{DETAILS.REQUIREMENTS}}\" data-column-index=\"5\" data-decorator=\"text,cafcl.value.misc_table_offer_cafcl\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Requirements\"><style>td.comparison-table__feature--longtext div.comparison-table__cellWrapper { width:  100%; }<\/style><div class=\"has-margin-bottom-xxsmall\" style=\"width: 100%; background-color: #F5F4EF; color: #; font-weight: 600; padding: 0.85em !important; border-radius: 3px; line-height: 18px;\">Requirements: Min. income of $1,800 \/month, 3+ months employed<\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext margin-bottom padding-bottom no-padding-top\" data-sortvalue=\"Loans Canada is a loan search platform. Get matched with a suitable dealer based on your credit history and borrowing requirements.\" data-column-index=\"6\" data-decorator=\"text\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Broker Compliance\">\n                        Loans Canada is a loan search platform. Get matched with a suitable dealer based on your credit history and borrowing requirements.\n                                          <\/div><\/td><td class=\"comparison-table__feature comparison-table__cta coa-data cta-column-count-4 bottom-order-4\"><div class=\"comparison-table__cellWrapper\"><a data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"98559dd6-c17b-40fb-a619-3014d270fc9d\"}' data-component-id=\"1026\" data-component-version=\"1\" target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/car-loans\/loans-canada-car-loan-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22table%22%2C%22site%22%3A%22CAFCL%22%2C%22fieldset%22%3A%22cafcl-generic%22%2C%22template%22%3A%22comparison%22%2C%22category_id%22%3A%2217d1efe0-f67f-4a2b-bf7d-32d9380d5afb%22%2C%22category_name%22%3A%22All%2BCar%2BLoans%22%2C%22is_sorted%22%3A%220%22%2C%22is_filtered%22%3A%220%22%2C%22cta_render_ts%22%3A%221776205759%22%2C%22position%22%3A%224%22%2C%22offer_id%22%3A%2217709%22%2C%22niche_code%22%3A%22CAFCL%22%2C%22product_id%22%3A%2298559dd6-c17b-40fb-a619-3014d270fc9d%22%2C%22product_name%22%3A%22Loans%2BCanada%2BCar%2BLoans%22%2C%22post_id%22%3A%221012217%22%2C%22post_path%22%3A%22car-loans%252Fbuying-and-financing-ev%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--success luna-button--medium has-margin-bottom-xsmall button--cta\" title=\"Go to Loans Canada 's site\">Go to site<\/a><a href=\"#\" class=\"comparison-table__more-button\" title=\"Read more about Loans Canada Car Loans\" data-component-id=\"1003\" data-component-version=\"1\" data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"98559dd6-c17b-40fb-a619-3014d270fc9d\"}' data-custom-event-active=\"true\"><svg class=\"luna-icon\"><use href=\"#info\"><\/use><\/svg><span>View details<\/span><\/a><div class=\"luna-form__selection comparison-table__compareField\"><fieldset><legend class=\"compare-box__legend\">Compare product selection<\/legend><input class=\"luna-checkbox\" type=\"checkbox\" id=\"compare-product-0000000002-98559dd6-c17b-40fb-a619-3014d270fc9d\" value=\"98559dd6-c17b-40fb-a619-3014d270fc9d\" name=\"productID\" _productname=\"@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}    Finder score                      \t               9                    Excellent                                          Loans Canada Car Loans            \" _productimg=\"\/product\/\" data-custom-event-active=\"true\" data-component-id=\"1004\" data-component-version=\"1\" data-component-props='{\"finderScore\":9,\"badges\":[],\"productId\":\"98559dd6-c17b-40fb-a619-3014d270fc9d\"}'><label class=\"luna-label\" for=\"compare-product-0000000002-98559dd6-c17b-40fb-a619-3014d270fc9d\">Compare<\/label><\/fieldset><\/div><\/div><\/td><td class=\"comparison-table__expander js-comparison-table__expander hide sidepeek-modal-slider\" aria-hidden=\"true\"><div class=\"sidepeek-modal-slider__overlay\"><\/div><div class=\"sidepeek-modal-slider__content\"><div class=\"sidepeek-modal-slider__close-wrapper\"><button type=\"button\" class=\"sidepeek-modal-slider__close js-expander-trigger\" aria-label=\"Close modal\"><svg class=\"luna-icon sidepeek-modal-slider__close-icon\"><use href=\"#x\"><\/use><\/svg><\/button><\/div><div class=\"comparison-table__cellWrapper\"><div class=\"comparison-table__expander--fetching center-over\"><div class=\"relativeloading-pulse__box loading-pulse__box-notext\"><span class=\"loading-pulse loading-pulse--medium loading-pulse--primary\">loading<\/span><\/div><\/div><\/div><\/div><\/td><\/tr><tr data-product-id=\"5ff9ec80-8880-41f8-a26e-1982911f2f73\" data-provider-id=\"900466c2-1321-4f62-a91f-459f9969b18d\" data-product-name=\"Dealerhop Car Loans\" data-provider-name=\"Dealerhop\" class=\"grid-column-count-4  mobile-column-count-3 mobile-row-count-7  js-comparison-table__row  \"><td class=\"comparison-table__name combined-column-header   f1-clarity-header\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/dealerhop-review\" data-component-id=\"1003\" data-component-version=\"1\"><img decoding=\"async\" border=\"0\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png\" alt=\"Dealerhop logo\" class=\"lazysizes\" srcset=\"https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png?fit=180 180w, https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png?fit=360 360w, https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png?fit=600 600w, https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png?fit=900 900w, https:\/\/www.finder.com\/niche-builder\/6557c868de3ac.png?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\"><\/a><div class=\"finder-score-container\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.4<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><div class=\"product-info_name combined-column-header\"><span class=\"nameLink\"><a href=\"https:\/\/www.finder.com\/ca\/car-loans\/dealerhop-review\" target=\"_blank\" data-component-id=\"1014\" data-component-version=\"1\">Dealerhop Car Loans<\/a><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                            first-row\n                                                                                                                        default-sort-descending\" data-mobile=\"hide\" data-sortvalue=\"\" data-column-index=\"1\" data-decorator=\"text,cafcl.product.datapoint_cafcl_finder_score\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Finder Score\"><style>@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}<\/style><div class=\"finder-score-detail-heading\">  Finder score<\/div><div class=\"detail-info \" style=\"cursor: pointer;\"><a class=\"scoreCombined score__container finder-score\" onclick=\"showFinderScoreModal('cafcl')\"><span class=\"score__badge score__badge--great\"><span class=\"score__value\">8.4<\/span><\/span><span class=\"score__text-wrapper score__text score__text--great\">        Great      <\/span><\/a><\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                                                rounded-top-left\n                                                                                rounded-bottom-left\n                                                                                                                                                                                                                            \" data-sortvalue=\"\" data-column-index=\"2\" data-decorator=\"text,cafcl.product.datapoint_cafcl_apr_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"APR Range\"><span class=\"detail-highlight\">6.99% - 35.00%<span class=\"table-popover\" rel=\"popover\" data-content=\"0% financing is for new cars only. Interest rates shown reflect the Annual Percentage Rate (APR) range currently advertised by the lender and are subject to change anytime, without notice. Finder does not guarantee that the figures shown will continue to be accurate or current. Figures shown are solely intended to be indicative and for general informational purposes only. Confirm the actual rates currently offered with the lender directly. Your exact rate, if any is offered to you, will be determined solely by the lender based on its assessment of your loan application, which is subject to the lender\u2019s terms and conditions and credit criteria.\" title=\"\" data-original-title=\"\"><\/span><\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                                                                                                                                                                                  bottom-order-3\n                                                                                \" data-sortvalue=\"\" data-column-index=\"3\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_amount_range_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Amount\"><span class=\"detail-highlight\">$7,000 - $50,000<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                        border-top\n                                                            border-left\n                                                                                rounded-top-right\n                                                                                rounded-bottom-right\n                                                                                                                                                                                                                                                                                                    \" data-sortvalue=\"\" data-column-index=\"4\" data-decorator=\"text,cafcl.product.datapoint_cafcl_loan_term_large\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Loan Term\"><span class=\"detail-highlight\">12 - 96 months<\/span><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext no-margin-bottom no-padding-bottom sorter-false\" data-sortvalue=\"Requirements: {{DETAILS.REQUIREMENTS}}\" data-column-index=\"5\" data-decorator=\"text,cafcl.value.misc_table_offer_cafcl\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Requirements\"><style>td.comparison-table__feature--longtext div.comparison-table__cellWrapper { width:  100%; }<\/style><div class=\"has-margin-bottom-xxsmall\" style=\"width: 100%; background-color: #F5F4EF; color: #; font-weight: 600; padding: 0.85em !important; border-radius: 3px; line-height: 18px;\">Requirements: Min. income of $3,000 \/month, 3+ months employed<\/div><\/div><\/td><td class=\"comparison-table__feature\n                                        \n                                                                                                                                                                                                                                                                                                            comparison-table__feature--longtext margin-bottom padding-bottom no-padding-top\" data-sortvalue=\"Dealerhop matches you with a dealer partner to get you financing.\" data-column-index=\"6\" data-decorator=\"text\"><div class=\"comparison-table__cellWrapper js-calculator-table-value\n                                                            \" data-heading=\"Broker Compliance\">\n                        Dealerhop matches you with a dealer partner to get you financing.\n                                          <\/div><\/td><td class=\"comparison-table__feature comparison-table__cta coa-data cta-column-count-4 bottom-order-4\"><div class=\"comparison-table__cellWrapper\"><a data-component-props='{\"finderScore\":8.4,\"badges\":[],\"productId\":\"5ff9ec80-8880-41f8-a26e-1982911f2f73\"}' data-component-id=\"1026\" data-component-version=\"1\" target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/car-loans\/dealerhop-car-loans-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22table%22%2C%22site%22%3A%22CAFCL%22%2C%22fieldset%22%3A%22cafcl-generic%22%2C%22template%22%3A%22comparison%22%2C%22category_id%22%3A%2217d1efe0-f67f-4a2b-bf7d-32d9380d5afb%22%2C%22category_name%22%3A%22All%2BCar%2BLoans%22%2C%22is_sorted%22%3A%220%22%2C%22is_filtered%22%3A%220%22%2C%22cta_render_ts%22%3A%221776205759%22%2C%22position%22%3A%225%22%2C%22offer_id%22%3A%2224159%22%2C%22niche_code%22%3A%22CAFCL%22%2C%22product_id%22%3A%225ff9ec80-8880-41f8-a26e-1982911f2f73%22%2C%22product_name%22%3A%22Dealerhop%2BCar%2BLoans%22%2C%22post_id%22%3A%221012217%22%2C%22post_path%22%3A%22car-loans%252Fbuying-and-financing-ev%22%2C%22post_country%22%3A%22ca%22%7D\" class=\"luna-button luna-button--success luna-button--medium has-margin-bottom-xsmall button--cta\" title=\"Go to Dealerhop's site\">Go to site<\/a><a href=\"#\" class=\"comparison-table__more-button\" title=\"Read more about Dealerhop Car Loans\" data-component-id=\"1003\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.4,\"badges\":[],\"productId\":\"5ff9ec80-8880-41f8-a26e-1982911f2f73\"}' data-custom-event-active=\"true\"><svg class=\"luna-icon\"><use href=\"#info\"><\/use><\/svg><span>View details<\/span><\/a><div class=\"luna-form__selection comparison-table__compareField\"><fieldset><legend class=\"compare-box__legend\">Compare product selection<\/legend><input class=\"luna-checkbox\" type=\"checkbox\" id=\"compare-product-0000000002-5ff9ec80-8880-41f8-a26e-1982911f2f73\" value=\"5ff9ec80-8880-41f8-a26e-1982911f2f73\" name=\"productID\" _productname=\"@media (max-width: 600px) {    .comparison-table tr td {        order: 3;     }     .comparison-table td.comparison-table__name {        order: 1 !important;         flex-basis: 100% !important;    }    .comparison-table td.comparison-table__product {        order: 2 !important;         flex-basis: 33.33% !important;        padding: .5rem .45rem;    }}    Finder score                      \t               8.4                    Great                                          Dealerhop Car Loans            \" _productimg=\"\/product\/\" data-custom-event-active=\"true\" data-component-id=\"1004\" data-component-version=\"1\" data-component-props='{\"finderScore\":8.4,\"badges\":[],\"productId\":\"5ff9ec80-8880-41f8-a26e-1982911f2f73\"}'><label class=\"luna-label\" for=\"compare-product-0000000002-5ff9ec80-8880-41f8-a26e-1982911f2f73\">Compare<\/label><\/fieldset><\/div><\/div><\/td><td class=\"comparison-table__expander js-comparison-table__expander hide sidepeek-modal-slider\" aria-hidden=\"true\"><div class=\"sidepeek-modal-slider__overlay\"><\/div><div class=\"sidepeek-modal-slider__content\"><div class=\"sidepeek-modal-slider__close-wrapper\"><button type=\"button\" class=\"sidepeek-modal-slider__close js-expander-trigger\" aria-label=\"Close modal\"><svg class=\"luna-icon sidepeek-modal-slider__close-icon\"><use href=\"#x\"><\/use><\/svg><\/button><\/div><div class=\"comparison-table__cellWrapper\"><div class=\"comparison-table__expander--fetching center-over\"><div class=\"relativeloading-pulse__box loading-pulse__box-notext\"><span class=\"loading-pulse loading-pulse--medium loading-pulse--primary\">loading<\/span><\/div><\/div><\/div><\/div><\/td><\/tr><script>\n(function () {\n  window.isInfoBoxMutationObserverInitialized ??= false;\n  if (window.isInfoBoxMutationObserverInitialized) return;\n  window.isInfoBoxMutationObserverInitialized = true;\n\n  document.addEventListener(\"DOMContentLoaded\", () => {\n    function getLinkParams(anchor) {\n      const redirectUrl =\n        anchor.getAttribute(\"data-redirect-url\") || anchor.href || \"\";\n\n      try {\n        const url = new URL(redirectUrl);\n        const rawParams = url.searchParams.get(\"redirect_tracking_params\");\n\n        if (!rawParams) return;\n        const decoded = decodeURIComponent(rawParams);\n        const parsed = JSON.parse(decoded);\n        const { offer_id, niche_code, site, product_name, product_id } = parsed;\n\n        return {\n          redirectUrl,\n          offerId: offer_id,\n          niche: niche_code || site,\n          productName: product_name,\n          productId: product_id,\n        };\n      } catch (e) {\n        console.error(\"Failed to parse redirect_tracking_params\", e);\n      }\n    }\n\n    function initCountdownTimer(rewardsProduct, endDateStr) {\n      const countdownEl = rewardsProduct.querySelector(\".deals-countdown\");\n      \n      if (!countdownEl || !endDateStr) return;\n\n      const daysEl = countdownEl.querySelector(\"[data-countdown-days]\");\n      const hoursEl = countdownEl.querySelector(\"[data-countdown-hours]\");\n      const minutesEl = countdownEl.querySelector(\"[data-countdown-minutes]\");\n      const secondsEl = countdownEl.querySelector(\"[data-countdown-seconds]\");\n\n      let countdownInterval;\n\n      const updateCountdown = () => {\n        const now = new Date().getTime();\n        const endTime = new Date(endDateStr).getTime();\n        const distance = endTime - now;\n\n        if (distance < 0) {\n          \/\/ Countdown finished\n          if (daysEl) daysEl.textContent = \"00d\";\n          if (hoursEl) hoursEl.textContent = \"00h\";\n          if (minutesEl) minutesEl.textContent = \"00m\";\n          if (secondsEl) secondsEl.textContent = \"00s\";\n          if (countdownInterval) {\n            clearInterval(countdownInterval);\n          }\n          return;\n        }\n\n        const days = Math.floor(distance \/ (1000 * 60 * 60 * 24));\n        const hours = Math.floor((distance % (1000 * 60 * 60 * 24)) \/ (1000 * 60 * 60));\n        const minutes = Math.floor((distance % (1000 * 60 * 60)) \/ (1000 * 60));\n        const seconds = Math.floor((distance % (1000 * 60)) \/ 1000);\n\n        if (daysEl) daysEl.textContent = days.toString().padStart(2, \"0\") + \"d\";\n        if (hoursEl) hoursEl.textContent = hours.toString().padStart(2, \"0\") + \"h\";\n        if (minutesEl) minutesEl.textContent = minutes.toString().padStart(2, \"0\") + \"m\";\n        if (secondsEl) secondsEl.textContent = seconds.toString().padStart(2, \"0\") + \"s\";\n      };\n\n      \/\/ Update immediately\n      updateCountdown();\n\n      \/\/ Update every second\n      countdownInterval = setInterval(updateCountdown, 1000);\n\n      \/\/ Store interval ID to clear it later if needed\n      rewardsProduct.dataset.countdownInterval = countdownInterval;\n    }\n\n    const initRewards = (table) => {\n      if (!table) return;\n\n      const recordIdsAttr = table.getAttribute(\"data-table-record-ids\");\n      if (!recordIdsAttr) return;\n\n      let productIds = [];\n      try {\n        const decoded = recordIdsAttr.replace(\/&quot;\/g, '\"');\n        productIds = JSON.parse(decoded);\n      } catch (e) {\n        return;\n      }\n\n      if (!productIds.length) return;\n\n      productIds.forEach((productId) => {\n        \/\/ Handle pill clicks (minimal UX variant) - independent of infobox\n        const pill = table.querySelector(\n          `tr[data-product-id=\"${productId}\"] .rewards-pill`\n        );\n        if (pill && !pill.dataset.bound) {\n          pill.dataset.bound = \"true\";\n          pill.addEventListener(\"click\", () => {\n            const row = pill.closest(\"tr\");\n            if (!row) return;\n\n            const cta = row.querySelector(\".rewards--cta\");\n            if (!cta) return;\n\n            const linkParams = getLinkParams(cta);\n            if (!linkParams) return;\n\n            const pillModalParams = {\n              productId: linkParams.productId,\n              campaignName: row.getAttribute(\"data-rewards-campaign-name\") || \"\",\n              redirectUrl: linkParams.redirectUrl,\n              productName: linkParams.productName,\n              providerName: row.getAttribute(\"data-provider-name\") || \"\",\n              niche: linkParams.niche,\n              offerId: linkParams.offerId,\n              component: \"infobox\",\n            };\n\n            if (\n              window.rewards &&\n              typeof window.rewards.displayModal === \"function\"\n            ) {\n              window.rewards.displayModal(pillModalParams, false, cta);\n            }\n          });\n        }\n\n        const rewardsProduct = table.querySelector(\n          `div[data-rewards-product-id=\"${productId}\"]:not([data-rewards-banner-attached])`\n        );\n        if (!rewardsProduct) return;\n\n        const endDateStr = rewardsProduct.getAttribute(\"data-end-date\");\n        if (!endDateStr) return;\n\n        \/\/ Format date for Australian locale (dd MMM yyyy)\n        const formattedDate = new Intl.DateTimeFormat(\"en-AU\", {\n          day: \"2-digit\",\n          month: \"short\",\n          year: \"numeric\",\n        }).format(new Date(endDateStr));\n\n        const endDateEl = rewardsProduct.querySelector(\".rewards-end-date\");\n        if (endDateEl && endDateEl.textContent !== formattedDate) {\n          endDateEl.textContent = ` ${formattedDate}`;\n        }\n\n        \/\/ Calculate days remaining\n        const days = Math.ceil((new Date(endDateStr) - new Date()) \/ 86400000);\n\n        \/\/ Show \"Ends Soon\" badge if campaign ends within 7 days\n        if (days <= 7 && days > 0) {\n          const dealsEndsEl = rewardsProduct.querySelector(\".deals-ends\");\n          const dealsPhoneEl = rewardsProduct.querySelector(\".deals-phone\");\n\n          if (dealsEndsEl && dealsEndsEl.style.display !== \"inline-flex\") {\n            dealsEndsEl.style.display = \"inline-flex\";\n          }\n          if (dealsPhoneEl && dealsPhoneEl.style.top !== \"23px\") {\n            dealsPhoneEl.style.top = \"23px\";\n          }\n        }\n\n        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    niche,\n            offerId,\n            component: \"infobox\",\n          };\n\n          if (\n            window.rewards &&\n            typeof window.rewards.displayModal === \"function\"\n          ) {\n            window.rewards.displayModal(modalParams, false, cta);\n          }\n        };\n\n        if (dealsLeftEl && !dealsLeftEl.dataset.bound) {\n          dealsLeftEl.dataset.bound = \"true\";\n          dealsLeftEl.addEventListener(\"click\", () => handleClick(dealsLeftEl));\n        }\n\n        if (dealsList && !dealsList.dataset.bound) {\n          dealsList.dataset.bound = \"true\";\n          dealsList.addEventListener(\"click\", () => handleClick(dealsList));\n        }\n\n        if (dealsHeader && !dealsHeader.dataset.bound) {\n          dealsHeader.dataset.bound = \"true\";\n          dealsHeader.addEventListener(\"click\", () => handleClick(dealsHeader));\n        }\n\n        rewardsProduct.dataset.rewardsBannerAttached = \"true\";\n      });\n    };\n\n    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     if (hoursEl) hoursEl.textContent = \"0h\";\n            if (minutesEl) minutesEl.textContent = \"0m\";\n            if (secondsEl) secondsEl.textContent = \"0s\";\n            if (interval) clearInterval(interval);\n            \/\/ Hide pill wrapper on expiry\n            const wrapper = el.closest(\".rewards-pill-wrapper\");\n            if (wrapper) wrapper.style.display = \"none\";\n            return;\n          }\n\n          const days = Math.floor(remaining \/ (1000 * 60 * 60 * 24));\n          const hours = Math.floor((remaining % (1000 * 60 * 60 * 24)) \/ (1000 * 60 * 60));\n          const minutes = Math.floor((remaining % (1000 * 60 * 60)) \/ (1000 * 60));\n          const seconds = Math.floor((remaining % (1000 * 60)) \/ 1000);\n\n          if (daysEl) daysEl.textContent = days + \"d\";\n          if (hoursEl) hoursEl.textContent = hours + \"h\";\n          if (minutesEl) minutesEl.textContent = minutes + \"m\";\n          if (secondsEl) secondsEl.textContent = 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js-comparison-table__showMore\" type=\"button\" data-offset=\"\">Load More<\/button><div class=\"js-show-more-data_count-17d1efe0-f67f-4a2b-bf7d-32d9380d5afb comparison-table__dataCount\">Showing\n\t\t\t5\n\t\t\tof\n\t\t\t5\n\t\t\tresults\t\t<\/div><\/div><\/div><\/form><\/section><\/div><div id=\"compare-bar-v2\" class=\"compareBarV2__root rewards--container loyalty-rewards--container\" data-niche=\"CAFCL\" data-rewards-component=\"compare-products\"><\/div><div class=\"finder-score-methodology\"><h3 data-toc=\"false\" id=\"finder-score-methodology\">Finder Score for car loans<\/h3>\n\n<p>To make comparing even easier, we came up with the <a href=\"https:\/\/www.finder.com\/ca\/finder-score\">Finder Score<\/a>. Interest rates, fees and features across 20+ car loans are all weighted and scaled to produce a score out of 10. The higher the score the better the loan\u2014simple.<\/p>\n\n<p style=\"text-align: center;\"><a class=\"luna-button luna-button--primary\" href=\"https:\/\/www.finder.com\/ca\/car-loans\/car-loan-ratings-methodology\">Read the full methodology<\/a><\/p><\/div>\n    <\/div>\n<\/div>\n    <\/div>\n<h4>3. Get a car loan from a bank or credit union<\/h4><p>Your next option is to apply for a car loan from a bank or credit union. These traditional lenders offer lower interest rates and large loan amounts and some offer special rates for EV buyers.<\/p><p>The catch is that banks and credit unions have strict eligibility requirements. If you don\u2019t have good to excellent credit, you may struggle to qualify for a loan.<\/p><h4>4. Lease an electric car<\/h4><p>Leasing an electric car in Canada is another option if you want to get behind the wheel of a new EV. If you\u2019d like to lease an EV, car manufacturers typically offer terms ranging from 24 to 60 months.<\/p><p>A lease lets you drive a new EV for an extended period, but keep in mind that you\u2019re not paying anything towards owning the vehicle. When the lease ends, you have the option of buying the vehicle at its residual value or leasing a different vehicle.<\/p><h3>Are special finance rates available for electric cars?<\/h3><p>Yes. Some lenders have started offering discounted rates to encourage their customers to buy an EV instead of a gas-powered vehicle. For example, as of March 31, 2023, we found lenders offering discounts of around 0.4\u20130.5% off their standard car loan rates. Depending on the lender, hybrids (HEVs and PHEVs) were also eligible for loan discounts.<\/p><p>Some lenders also offer special loan rates to help fund the cost of purchasing an EV charging station and having it installed in your home. As a result, it\u2019s worth comparing a range of lenders to find any discounts or special offers that could help you save money when going electric.<\/p><h3 id=\"steps\">How to buy an electric car in Canada: Step-by-step guide<\/h3><p>If you\u2019re ready to go electric, here\u2019s what you need to do to buy an EV in Canada.<\/p><h4>Step 1: Choose the EV you want<\/h4><p>BEV or PHEV? Sedan or SUV? Entry-level model or luxury vehicle? You\u2019re spoiled for choice when shopping for an electric car, so take your time to find a model that\u2019s right for you.<\/p><p>Consider your driving needs and budget to narrow down your options. Don\u2019t forget to consider how and where you will charge your vehicle \u2013 if you\u2019re buying a BEV or a long-range PHEV, you might also want to budget for the cost of getting a Level 2 charger installed at home.<\/p><p>If you\u2019re unsure whether Canada\u2019s EV infrastructure is sufficient to get you from A to B without range anxiety, you might opt for a PHEV or HEV. But if you\u2019re ready to go fully electric, there\u2019s an ever-increasing range of BEVs available.<\/p><h4>Step 2: Customize your car<\/h4><p>Now it\u2019s time to consider the trim you want to choose. Base model vehicles are obviously the cheapest, but other models might offer a longer driving range, luxury features like leather trim and heated seats or improved safety tech.<\/p><p>There\u2019s plenty more you can do to customize your EV. Choose the paint colour you want, consider accessories like a towing hitch or roof rack and don\u2019t forget to check the impact this has on the overall purchase price.<\/p><h4>Step 3: Compare finance options<\/h4><p>Now you know how much your new EV is going to cost minus any government rebates available at the point of sale, so it\u2019s time to choose the best way to finance your purchase.<\/p><p>Unless you\u2019re paying the full price upfront, you\u2019ll be able to review car loan and lease options available through the manufacturer or dealer. These finance options are convenient, but it\u2019s worth shopping around to see if there\u2019s a better deal available from a traditional or online lender.<\/p><p>Look at the following factors when comparing car loans:<\/p><ul><li>APRs, which combine a loan\u2019s interest rate and fees into a single figure<\/li><li>Any other loan fees that apply<\/li><li>The loan term and your monthly payment amount<\/li><li>Any down payment requirements<\/li><li>Whether you can pay your loan off early without penalty<\/li><li>The eligibility criteria you must meet to qualify for a loan<\/li><\/ul><h4>Step 4: Buy or lease your electric car<\/h4><p>Once you\u2019ve crunched the numbers, it\u2019s time to complete the purchase. If you\u2019ve found a car loan that suits your needs, you may want to <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/pre-approved-car-loan\">apply for online car loan pre-approval<\/a> before you visit a dealership.<\/p><p>Of course, you don\u2019t necessarily have to visit a dealership in person \u2013 it\u2019s also possible to <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/online-car-dealers-canada\/shop-for-car-online\">buy a car online<\/a>.<\/p><h3 id=\"secondhand\">Should I buy a second-hand electric car?<\/h3><p>The answer to this question is the same for any used car: whether you should buy or not depends on the vehicle. If you can find a used EV in good condition at an affordable price, you could save thousands of dollars compared to buying new.<\/p><p>However, there are a few factors to take into account if you\u2019re thinking of buying a used EV:<\/p><ul><li style=\"padding-top: 14px;\"><strong>Small market.<\/strong> EVs have only really started to increase in popularity in recent years, so there are nowhere near as many used EVs on the market as there are used gas-powered cars. This limits your choice.<\/li><li style=\"padding-top: 14px;\"><strong>Driving range.<\/strong> Earlier-model electric cars provided shorter driving range compared to modern models. If you drive long distances, you might be better off looking for a new EV.<\/li><li style=\"padding-top: 14px;\"><strong>Check the battery.<\/strong> Just like buying any used car, you\u2019ll want to give a used EV a thorough once-over before you buy. The key area you need to focus on is the battery. Lithium-ion batteries lose their capacity over time, so it\u2019s vital to check the condition of the battery \u2013 many models allow you to check the true range available from the battery with their onboard computers. Most manufacturers provide an eight-year battery warranty, so any faults may still be covered if you\u2019re buying a recent model. However, if the vehicle needs a new battery, you\u2019re looking at a significant cost.<\/li><li style=\"padding-top: 14px;\"><strong>Get an inspection.<\/strong> It\u2019s always a wise idea to <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/used-car-sites\/pre-purchase-vehicle-inspections\">arrange a pre-purchase inspection<\/a> with a licensed mechanic when buying a used car. They can inspect the battery and motor as well as other components such as the suspension, brakes, tyres and onboard computer to make sure everything is in good working order.<\/li><\/ul><h3 id=\"cost\">How much does it cost to drive an electric car?<\/h3><p>To give you an idea of the true running costs of an EV, we compared a range of models using CAA\u2019s Driving Costs Calculator. The parameters for this comparison were:<\/p><ul><li>A new car in Ontario<\/li><li>Driven for 20,000km a year<\/li><li>The cost of owning or leasing a vehicle for five years<\/li><\/ul><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 16%;\" scope=\"col\"><\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Fuel cost<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Depreciation cost<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Maintenance costs<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Insurance costs<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Monthly car payment<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Estimated total annual driving costs<\/th><th style=\"text-align: left; width: 12%;\" scope=\"col\">Total cost per km<\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>2023 Tesla Model 3 Base 4D Sedan RWD<\/strong><\/td><td>$376.92 (electricity)<\/td><td>$5,464.57<\/td><td>$1,173.22<\/td><td>$1,758.29<\/td><td>$685.40<\/td><td>$10,138.96 per year<\/td><td>$0.51<\/td><\/tr><tr><td><strong>2023 Toyota Camry Hybrid LE 4D Sedan<\/strong><\/td><td>$1,342.92 (gas)<\/td><td>$3,081.80<\/td><td>$1,374.83<\/td><td>$1,698.50<\/td><td>$515.28<\/td><td>$8,260.50 per year<\/td><td>$0.41<\/td><\/tr><tr><td><strong>2023 Hyundai Ioniq 5 Preferred 4D Utility RWD<\/strong><\/td><td>$464.38 (electricity)<\/td><td>$3,719.57<\/td><td>$1,338.39<\/td><td>$1,767.74<\/td><td>$552.53<\/td><td>$8,391.94 per year<\/td><td>$0.42<\/td><\/tr><tr><td><strong>2023 Chevrolet Bolt EUV LT 5D Hatchback<\/strong><\/td><td>$441.41 (electricity)<\/td><td>$3,112.29<\/td><td>$1,470.68<\/td><td>$1,701.42<\/td><td>$438.13<\/td><td>$7,599.88 per year<\/td><td>$0.38<\/td><\/tr><tr><td><strong>2023 Ford Mustang Mach-E Select 4D Utility RWD<\/strong><\/td><td>$483.12 (electricity)<\/td><td>$3,917.57<\/td><td>$1,349.70<\/td><td>$1,669.43<\/td><td>$652.32<\/td><td>$8,715.40 per year<\/td><td>$0.44<\/td><\/tr><tr><td><strong>2023 Volvo XC90 Plug-in Hybrid Recharge Core 4D Utility AWD<\/strong><\/td><td>$845.38 (gas + electricity)<\/td><td>$8,235.60<\/td><td>$1,180.26<\/td><td>$1,753.89<\/td><td>$1,319.68<\/td><td>$13,971.69 per year<\/td><td>$0.70<\/td><\/tr><\/tbody><\/table><p><em>Source: <a href=\"https:\/\/carcosts.caa.ca\/\" target=\"_blank\" rel=\"noopener\">CAA Driving Costs Calculator<\/a><\/em><\/p><h3 id=\"reasonsnot\">Reasons not to buy an electric car<\/h3><p>Not sure whether the time is right to buy an electric car? Here are some reasons why you might consider buying an EV for a little longer:<\/p><h4><strong>High cost<\/strong><\/h4><p>Though prices have dropped in recent years, the upfront purchase price of an EV is still more than an equivalent gas-powered vehicle. Use an online running costs calculator to work out how long you\u2019ll need to use an EV to break even.<\/p><h4><strong>Limited range<\/strong><\/h4><p>The maximum range of fully electric cars is increasing all the time, but most models don\u2019t yet offer the same distance as you can get from a full tank of gas.<\/p><h4><strong>Infrastructure still in development<\/strong><\/h4><p>A search for all electric charging locations around the country on the Transport Canada website yields more than 8,500 results. As part of the federal government\u2019s <a href=\"https:\/\/www.nrcan.gc.ca\/energy-efficiency\/transportation-alternative-fuels\/zero-emission-vehicle-infrastructure-program\/21876\" target=\"_blank\" rel=\"noopener\">Zero Emission Vehicle Infrastructure Program<\/a>, there are plans to deploy 33,500 EV chargers, but the infrastructure is still being developed.<\/p><h4><strong>Not as much choice compared to gas-powered cars<\/strong><\/h4><p>You have more options to choose from if you\u2019re shopping for a gas-powered car instead of an EV.<\/p><h4><strong>Waiting for your car to charge<\/strong><\/h4><p>Remembering to keep your car charged is an important part of EV ownership. Even with fast-charging options, waiting for your car to get enough charge is not as convenient as pulling into a gas station and topping up your tank in a couple of minutes.<\/p><h4><strong>New models are being launched all the time<\/strong><\/h4><p>The EV industry is booming, with manufacturers expanding their range of EV offerings. So if you buy a new EV now, it might be superseded in the not too distant future.<\/p><h4><strong>Uncertain resale values<\/strong><\/h4><p>The EV used car market is still in its infancy, so it can be hard to predict how much your vehicle will be worth when you trade it in or sell it in five-plus years\u2019 time.<\/p><h3>Bottom line<\/h3><p>The future of the automotive industry is electric. With a rapidly expanding range of models to choose from combined with increased driving range and planned growth of EV infrastructure around the country, there\u2019s a good chance your next new car could be an EV.<\/p><p>If you\u2019re financing an EV in Canada, make sure you compare the available options to ensure that your next set of wheels is as affordable as possible.<\/p><h3>Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000003\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000003\">\n                <span class=\"luna-accordion__title\">Are electric vehicles 100% environment-friendly?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Technically, no. While fully electric cars have no emissions like hybrids or gas-fuelled cars, their environmental impact is still influenced by where their power comes from. Electricity fuelled by coal will still have a negative carbon footprint when compared to electricity powered by a renewable resource. And in the case of FCEVs, much of the hydrogen comes from natural gas \u2013 which means there is still a negative impact when fueling up even if it's much less than a gas-fuelled car.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000004\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000004\">\n                <span class=\"luna-accordion__title\">Is it worth it to buy an electric car?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000004\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Electric cars cost more to buy upfront than gas-powered cars but have cheaper running costs, so it's worth calculating how long it will take you to recoup the additional purchase price of an EV. Use an online calculator like the one from <a href=\"https:\/\/ev.plugndrive.ca\/vehicles\/\" target=\"_blank\" rel=\"noopener\">PlugNDrive<\/a> to compare the purchase price and running costs of gas and electric cars.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000005\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000005\">\n                <span class=\"luna-accordion__title\">Will I still qualify for an EV rebate if I lease an electric car?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000005\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>As a general rule, yes. You will qualify for the federal government EV incentive if you buy or lease an eligible vehicle. The same typically applies in terms of provincial government rebates. However, check the terms and conditions where you live to make sure you qualify.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000006\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000006\">\n                <span class=\"luna-accordion__title\">Can I get an EV car loan if I have bad credit?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000006\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes, many online lenders offer <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/bad-credit\">bad credit car loans<\/a> \u2013 rather than focusing on your credit score, they assess your income and your ability to repay the loan. However, you may need to settle for higher interest rates.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3>\n<div id=\"lazy0000000007\"><\/div>\n<script type=\"application\/json\" id=\"lazyloaded-assets-json-lazy0000000007\" class=\"lazyloaded-assets-json\">{\"critical-scripts\":[],\"scripts\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.de087a0da9824e407767.js\"],\"styles\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.87684078d471e76125dd.css\"]}<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Your guide to the types of EVs available and how to buy or finance the car you want.<\/p>\n","protected":false},"author":516,"featured_media":821088,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"nicheCode":"","productId":"","enableOptimizely":false,"_persistent_nav_menu_items":[],"blockTemplateId":"","_post_hreflang":"en","related_url":"\/buying-and-financing-ev","workflow-intro":"","workflow-faq":"","workflow-conclusion":"","workflow-benefits":"","workflow-overview":"","workflow-test":"","footnotes":""},"categories":[5831],"tags":[],"asset_tag":[],"class_list":["post-1012217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-car-loans"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Buy and Finance an Electric Car | Finder Canada<\/title>\n<meta name=\"description\" content=\"Want to buy an electric car in Canada? 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Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he\u2019s not staring at his computer, you can usually find him exploring the great outdoors.","url":"https:\/\/www.finder.com\/ca\/author\/timfalk","jobTitle":"Writer","knowsAbout":[{"@type":"Thing","name":"Banking"},{"@type":"Thing","name":"Personal Loans"},{"@type":"Thing","name":"Car Loans"},{"@type":"Thing","name":"Stock Trading"},{"@type":"Thing","name":"Cryptocurrency"}],"sameAs":[],"worksFor":{"@type":"Organization","@id":"https:\/\/www.finder.com\/ca\/#organization","name":"Finder"}},{"@context":"https:\/\/schema.org","@type":"FAQPage","name":"Frequently Asked Questions","mainEntity":[{"@type":"Question","name":"Are electric vehicles 100% environment-friendly?","acceptedAnswer":{"@type":"Answer","text":"\rTechnically, no. While fully electric cars have no emissions like hybrids or gas-fuelled cars, their environmental impact is still influenced by where their power comes from. Electricity fuelled by coal will still have a negative carbon footprint when compared to electricity powered by a renewable resource. And in the case of FCEVs, much of the hydrogen comes from natural gas \u2013 which means there is still a negative impact when fueling up even if it's much less than a gas-fuelled car.\r"}},{"@type":"Question","name":"Is it worth it to buy an electric car?","acceptedAnswer":{"@type":"Answer","text":"\rElectric cars cost more to buy upfront than gas-powered cars but have cheaper running costs, so it's worth calculating how long it will take you to recoup the additional purchase price of an EV. Use an online calculator like the one from <a href=\"https:\/\/ev.plugndrive.ca\/vehicles\/\" target=\"_blank\" rel=\"noopener\">PlugNDrive<\/a> to compare the purchase price and running costs of gas and electric cars.\r"}},{"@type":"Question","name":"Will I still qualify for an EV rebate if I lease an electric car?","acceptedAnswer":{"@type":"Answer","text":"\rAs a general rule, yes. You will qualify for the federal government EV incentive if you buy or lease an eligible vehicle. The same typically applies in terms of provincial government rebates. However, check the terms and conditions where you live to make sure you qualify.\r"}},{"@type":"Question","name":"Can I get an EV car loan if I have bad credit?","acceptedAnswer":{"@type":"Answer","text":"\rYes, many online lenders offer <a href=\"https:\/\/www.finder.com\/ca\/car-loans\/bad-credit\">bad credit car loans<\/a> \u2013 rather than focusing on your credit score, they assess your income and your ability to repay the loan. 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