{"id":767283,"date":"2019-03-12T01:28:15","date_gmt":"2019-03-12T05:28:15","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=767283"},"modified":"2025-05-22T15:20:27","modified_gmt":"2025-05-22T19:20:27","slug":"bmo-car-loan","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/car-loans\/bmo-car-loan","title":{"rendered":"BMO car loans review"},"content":{"rendered":"
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\nMust read: <\/span>Best car loans in Canada<\/a>\n<\/div>\n<\/article>

What is BMO?<\/h3>

The Bank of Montreal is a major Canadian bank that offers a comprehensive range of banking products and services to over 13 million customers around the world. Its products include chequing and savings accounts, credit cards, mortgages, investment accounts, insurance, personal loans and car loans.<\/p>

Is BMO legit?<\/h3>

BMO is one of Canada\u2019s largest and oldest banks. Established in 1817, It is the eighth largest bank in North America in terms of assets and is one of Canada\u2019s so-called \u201cbig six\u201d banks.<\/p>

Headquartered in Montreal, the bank has eight million personal and commercial customers in Canada and $1,251 billion in total assets.<\/p>

Features of BMO car loans<\/h3>
Feature<\/th>Details<\/th><\/tr><\/thead>
Loan amount<\/td>$7,500 and over<\/td><\/tr>
Loan term<\/td>1 - 5 years<\/td><\/tr>
APR<\/td>Undisclosed<\/td><\/tr>
Serviced provinces<\/td>All<\/td><\/tr>
Eligibility requirements<\/td>Must be the age of majority, a Canadian resident and meet credit score and income requirements<\/td><\/tr><\/tbody><\/table>

What are the interest rates of BMO car loans?<\/h3>

BMO does not list any car loan interest rates on its website. However, the interest rate you get for your loan will vary depending on factors such as:<\/p>