Meet in branch or over the phone

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.

Vehicles 5 years old or less

If you’re considering a car, SUV, truck or van with a model year 5 years old or less2, call us or visit a branch to apply for your loan.

Vehicles more than 5 years old

If you’re borrowing to buy a car, SUV, truck or van with a model year more than 5 years old3, you can apply online right now up to $50,000. No branch visit is needed.

Recreational vehicles 2 years old or less

Planning on buying a motor home, trailer, motorcycle, snowmobile or ATV with a model year 2 years old4 or less? Call us or visit a branch to apply for a loan.

Recreational vehicles more than 2 years old

No in-person loan application is needed for a motor home, trailer, motorcycle, snowmobile, or ATV with a model year 2 years old or more5. You can apply online right now for up to $50,000.

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.




You may also be interested in

Dealership Vehicle Loans

TD Auto Finance offers competitive financing options at dealerships across Canada for your car, boat, powersport or RV purchase.

TD Personal Line of
Credit

A TD Personal Line of Credit gives you access to the cash you need on an ongoing basis.

TD Loan Life and Disability
Insurance

In case of the unexpected, get flexible protection for your loan  obligations.


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