I'm buying my next vehicle
In the market for a new vehicle? TD has competitive, flexible financing options with you in mind.
Before you buy your next vehicle
- Insurance to meet your budget
Whenever you're buying a vehicle, keep in mind age, mileage, year and intended use may affect your insurance rates.
- Buying another vehicle?
Be aware of additional costs such as street parking, added insurance and fuel costs that come with a second vehicle.
- Recreational, sport or boat
Keep in mind that added fun usually comes with added costs, such as trailers, engines, fuel tanks and even furnishings.
- Maintenance fees
Newer vehicles require less maintenance and upgrades as opposed to older models. This can mean lower overall costs.
Trading in your vehicle
Remember, trading in for a newer model may come with certain advantages:
Net equity built in your current vehicle will be applied to the cost of your new vehicle, lowering your loan amount
There may also be tax advantages that come with a trade in, such as the amount of HST you pay.
Ask for more information at your dealership.
When you're ready to buy, we have competitive, flexible financing options to suit your needs.
- Dealership network
Find your ideal automotive or recreational vehicle through our nationwide network of authorized dealerships.
- Tailored financing
We offer competitive rates, flexible terms and payment options with you in mind.
- Up-front financing
Apply for only the amount you need to purchase the car you want within your budget.
- Award-winning dealer satisfaction
Thanks to our dealers, TD Auto Finance has been ranked #1 five years in a row for Dealer Satisfaction among Non-Captive Lenders with Retail Credit'1.
Credit history basics
Your credit history is a record of your ability to borrow and repay loans on time. One of the best ways to start building your credit history or improve your credit score is to apply for a credit card and demonstrate that you can use the credit responsibly.
Your borrowing history directly affects your credit score and borrowing options.
Any of our authorized Dealerships can help you with options.
TD Auto Finance offers flexible financing
Reach out to a dealer
Understand your budget and financial needs, then connect with a dealer to find the best financing options for you.
Compare and test
The TD Wheels app lets you search for and compare different makes and models to find your next new dream vehicle.
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.
Make sure you're prepared on the day of the sale. Bring these when it's time to buy:
- Valid driver's license or other Photo ID (not including health card)
- Proof of income (e.g. T4, Paystubs)
- Proof of insurance (required to drive away with new car)
- Trade-in info, if applicable (ownership papers, current loan amount and lien holder)
GAP Insurance covers the difference between the cash value of a vehicle and the balance owing on the financing amount.
Extended warranty or service contract prolongs the amount of time the manufacturer is liable for covered incidents.
Pre-paid maintenance plans usually cover scheduled maintenance outlined in the owner's manual.
Paint and fabric protection includes rust protection and other pre-emptive measures to protect the vehicle's integrity.
Rim and tire seasonal storage may be available through your dealership.
Added security features including anti-theft devices, alarms, remote start and other security technology.