{"id":764341,"date":"2022-08-22T14:27:13","date_gmt":"2022-08-22T18:27:13","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=764341"},"modified":"2026-01-07T17:23:18","modified_gmt":"2026-01-07T22:23:18","slug":"best-car-loans","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/car-loans\/best-car-loans","title":{"rendered":"10 Best Car Loans in Canada"},"content":{"rendered":"

If you\u2019re searching for the best car loans in Canada, you have many options. You can apply to a direct lender, dealership or car loan search platform. Consider applying to a dealership or car loan search platform because they have strategic partnerships with lenders to help their customers find the most competitive car loan offers.<\/p>

Use this guide to find out some of the best car loan providers in Canada. No single car loan is best for everyone, so compare your options to find the right fit for your unique situation.<\/p>

Best car loans in Canada<\/h3>

To approve you for a car loan, lenders will want to see that you\u2019re earning at least $1,200\u2013$2,500 per month. If you have bad credit, it\u2019s possible for some lenders to still approve you, but they will charge higher interest rates.<\/p>
Car loan provider<\/th>APR<\/th>Loan term<\/th>Key features<\/th><\/th><\/tr><\/thead>
\"CarsFast\"<\/td>3.90% - 29.90%<\/span><\/td>12 - 96 months<\/td>
  • Loan search platform for new and used car financing<\/li>
  • Available across Canada<\/li><\/ul><\/td>
Go to site<\/a>

Learn more<\/a><\/p><\/td><\/tr>

\"Loans<\/td>0% - 35%<\/span><\/td>3-60 months<\/td>
  • Loan search platform with a large lender and dealer network<\/li>
  • Available across Canada<\/li><\/ul><\/td>
Go to site<\/a>

Learn more<\/a><\/p><\/td><\/tr>

\"Clutch\"<\/td>From 7.99%<\/span><\/td>24 - 96 months<\/td>
  • Online dealer of used cars with competitive prices<\/li>
  • Available in ON, NS and NB<\/li><\/ul><\/td>
Go to site<\/a>

Learn more<\/a><\/p><\/td><\/tr>

\"Dealerhop\"<\/td>6.99% - 35%<\/span><\/td>12 - 96 months<\/td>
  • Loan search platform for new and used car financing<\/li>
  • Available in most provinces<\/li><\/ul><\/td>
Go to site<\/a>

Learn more<\/a><\/p><\/td><\/tr>

\"Approval<\/strong><\/td>3.90% - 29.90%<\/span><\/td>12 - 84 months<\/td>
  • Direct lender that owns a small network of used car dealerships and offers car loans for all credit scores<\/li>
  • Available in Ontario and Quebec only<\/li><\/ul><\/td>

Learn more<\/a><\/p><\/td><\/tr>

\"CarDoor\"<\/td>Undisclosed<\/td>48 - 96 months<\/td>
  • Online dealer of used cars with competitive prices<\/li>
  • Available in Ontario<\/li><\/ul><\/td>

Learn more<\/a><\/p><\/td><\/tr>

\"RBC\"<\/a><\/td>Varies<\/td>1 \u2013 8 years<\/td>
  • Over 4,500 partnered dealerships<\/li>
  • Available across Canada<\/li><\/ul><\/td>
\u00a0

Learn more<\/a><\/p><\/td><\/tr>

\"TD\"<\/td>Varies<\/td>Up to 84 months<\/td>
  • Bank car loan for prime borrowers<\/li>
  • Available across Canada<\/li><\/ul><\/td>

Learn more<\/a><\/p><\/td><\/tr>

\"Get<\/a><\/td>From 0%<\/span><\/td>Varies<\/td>
  • Broker that connects borrowers with multiple lenders<\/li>
  • Available across Canada<\/li><\/ul><\/td>
\u00a0

Learn more<\/a><\/p><\/td><\/tr>

\"LoanConnect\"<\/td>8.99% - 35.00%<\/span><\/td>72 - 84 months<\/td>
  • Loan search platform for all credit scores<\/li>
  • Available in all provinces<\/li><\/ul><\/td>

Learn more<\/a><\/p><\/td><\/tr><\/tbody><\/table>

Best car loans in Canada<\/h3>

1. CarsFast<\/h4>
\r\n
\r\n\r\n\r\n
\r\n
\r\n
<\/div>\r\n
<\/div>\r\n
\"CarsFast<\/center>\r\n \r\n \r\n
\r\n
\r\n \r\n\r\n \r\n \r\n \r\n \r\n \r\n 8.8<\/span>\r\n <\/span>\r\n \r\n Great\r\n <\/span>\r\n <\/a>\r\n \r\n<\/div> \r\n <\/center>\r\nGo to site<\/a>\r\n
<\/div>\r\n<\/div>\r\n
\r\n\r\n\r\n
\r\n
\r\n $500 \u2013 $75,000\r\n \r\n <\/span>\r\n
\r\n Loan amount<\/span>\r\n <\/div>\r\n
\r\n 3.9% \u2013 29.9%\r\n \r\n <\/span>\r\n
\r\n APR<\/span>\r\n <\/span><\/div>\r\n
\r\n 12 - 96 months\r\n\r\n <\/span>\r\n
\r\n Term<\/span>\r\n <\/div>\r\n<\/div> \r\n\r\n\r\n\r\n
\r\n