Financing and Car Loans
Financing at the dealer
Financing for a private sale
Find us at dealerships across Canada
As one of Canada's fastest growing automotive lenders, TD Auto Finance offers flexible financing solutions through a network of over 4500 dealerships for customers making automotive or recreational vehicle purchases.
Competitive fixed and variable rates
Find the rate for you whether you’re buying a new or used car or RV.
Personalized repayment schedule
Choose the duration of your loan ‑ Up to a 96-month amortization period on select loans.
Flexible payment options
Select the payment frequency that suits you: weekly, bi-weekly, or monthly.
Enjoy preferred rates on select automobile and powersport vehicle brands.
Ready to get financing?
Find the solution you need
Calculate your options
Use the Auto Loan Calculator to see how your dream vehicle fits in your budget – from payment amounts to your maximum loan amount.
Benefits of an Auto Loan
The interest rate stays the same for the time period chosen.
The interest rate changes whenever TD Prime Rate changes.
Loans are available with a variety of terms. The term is the length of your current loan agreement.
Typically, terms range from 1 to 7 years and depends on age of vehicle. When a term ends, any balance you still owe can be repaid in full, or you may be offered a renewal term at current interest rate.
Amortization period is the length of time it takes to pay your loan in full, assuming the same interest rate and payment amount throughout. Shortening your amortization period can help you reduce interest cost over the period but it will also increase your payments.
What are my interest rate options?
Fixed interest rate stays the same for the term chosen. It’s ideal if you’re looking for set payments, and want to know exactly when the loan will be paid off.
Variable interest rate changes whenever TD Prime Rate changes. It’s ideal if you’re not worried about changing interest rates, and want to benefit when interest rates decrease.
If interest rates decrease, more of your regular payment goes towards your principal, so you can pay off your loan faster.
If interest rates increase, more of your regular payment goes towards interest, and amortization period will increase. Your regular payment may have to be adjusted periodically.
Have a personal consultation to discuss your options. Call
The amount borrowed or still owed –not including interest.
Auto Loan Calculator
What you can afford
How to Apply
Book an appointment
Meet with a banking specialist in person at the branch closest to you.
Our banking specialists are ready to answer your questions and can assist you in applying for a loan.