Borrow Better with a Private Sale Vehicle Loan

We offer fixed and variable interest rates, along with a repayment schedule that fits your budget.

Why apply for a Private Sale Vehicle Loan1?

  • Borrow up to the full purchase price

    Money available to buy the new or used vehicle of your choice.

  • Competitive interest rates

    Take advantage of our competitive rates for privately sold vehicles.

  • Interest rate options

    Choose whether you’d prefer your interest rate to be fixed or variable.

  • Flexible repayment schedule

    Feel the confidence that comes with a realistic repayment plan.

Get up to the full purchase price of the vehicle

The differences between fixed and variable rates

Fixed Rate

  • With a fixed interest rate, your rate and payment stay the same each month, and you know when your loan will be paid off.
  • Even if the TD Prime Rate changes, your interest rate will stay the same.

Variable Rate

  • With a variable rate loan, the interest rate can change during the term and the amount of your principal and interest payment may change. We will notify you if your payment amount changes.
  • If the interest rate goes down, more of your regular loan payment goes toward the principal, so you may pay off your loan faster.
  • If the interest rate increases and your payment stays the same, more of your payment will go towards interest and it may take longer to pay off your loan.

Frequently Asked Questions

Private Sale Vehicle Loan payments can be monthly, weekly, and bi-weekly. Each payment consists of a portion of interest and a portion of principal. The proportion of interest is highest in the first payment, and it is reduced as the principal is repaid.

Interest is calculated daily on the outstanding principal balance and is payable based on your repayment schedule (monthly, weekly, or bi-weekly).

It's easy to view the details of your loan in EasyWeb:

  1. Log in to EasyWeb using your username Access Card number and EasyWeb password.
  2. From My Accounts > Accounts, click on your loan name in your account summary.

TD Auto Finance loans are offered through affiliated dealerships for the purchase of a personal automobile, a recreational vehicle or a small business vehicle loan.

Personal loans with TD are available directly to any applicant and are not restricted to the purchase of a vehicle.

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How to apply for Private Sale Vehicle Loan

  • Book an appointment

    For vehicles7 less than 5 years old or recreational vehicles8 under 2 years old, book an appointment.

  • Apply online

    For vehicles7 more than 5 years old or recreational vehicles8 over 2 years old, you can apply online for a loan.

  • Call us

    Our banking specialists are ready to answer your questions and can assist you in applying for a loan.

    1-866-222-3456 1-866-222-3456

Have a question? Find answers here

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