Private Sale Vehicle Loan


Now’s the time to find a financing solution that’s right for you. TD offers flexible lending options to help you get behind the wheel.

Benefits of an Auto Loan

  • Funds upfront
    Get access to the amount you need to purchase the car you want within your budget, whether it’s new or used.
  • Interest rate options
    Choose between a fixed or variable interest rate depending on what’s best for you.
  • Repayment schedule
    We’ll help you create a repayment schedule that works for you.
  • Available for new and used vehicles (up to 5 years old)
    A typical auto loan is between $20,000-$50,000. The minimum TD Auto Loan amount is $7,500.
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 Rate
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 Rate
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 1-877-390-51971-877-390-5197


The amount borrowed or still owed –not including interest.

Auto Loan Calculator

What you can afford

See what you can afford with our Auto Loan Calculator




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