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I'm buying my first vehicle

Buying your first car is exciting. Consider your budget and your financing options when making your choice. Whether you're buying your first car, RV, boat or powersport vehicle, we'll help you through the financing process.

Auto financing considerations

  • Consider how often you'll drive, average number of passengers, road travel and even children. All factor into your vehicle financing.
  • Every vehicle comes with extra costs, from insurance and maintenance, to parking, tires, or seasonal storage.
  • Factor in mind your rent/mortgage payments, travel, entertainment and other monthly costs.
  • Explore your options and review our learning resources and download the TD Wheels app for more helpful tools.

Maintenance

Costs can vary depending on the type of vehicle you choose. Keep these points in mind if you're buying:

  • New

    A new vehicle may be more expensive at first, however, there will likely be less maintenance costs and other fixes.

  • Used

    Yes, used vehicles are cheaper, however, the more miles are on the car, the more maintenance and repairs may be needed on everything from wheels to the engine.

  • Luxury

    They may look beautiful, but they can come with greater costs. Consider parts being harder to replace and more expensive, fuel cost and higher insurance.

  • Hybrid and electric

    These are great environmental choices and can help with fuel savings. Explore governmental incentives if you're considering one of these models.

TD Auto Finance offers flexible financing

  • 1

    Reach out to a dealer

    Understand your budget and financial needs, then connect with a dealer to find the best financing options for you.

  • 2

    Compare and test

    The TD Wheels app lets you search for and compare different makes and models to find your next new dream vehicle.

  • 3

    Applying for financing

    Ask your dealership to work with you on a mutually agreeable price. They can help structure a loan to meet your needs.

How to Apply

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