Home / Loans and lines of credit / Vehicle Loan
Buying through a dealership?
TD Vehicle Loan
Get a secure loan for your vehicle purchase1, without needing to go through a dealership.
Why apply for a Vehicle Loan?
Borrowing advice
Get helpful insights and tips on how to borrow wisely, manage your payments and make informed financial decisions.
Looking at an older model vehicle?
Consider one of these alternative borrowing options to fund your purchase
Borrow only what you need right now
- Available for: Making a large purchase or consolidating debt
- You can borrow: as little as $2,000
- Interest: Choose between a fixed or variable rate
- Repayment: flexible repayment terms from 1 to 7 years
Have the credit you need, when you need it
- Available for: managing life’s sudden expenses, be they large or small
- You can borrow: as little as $5,000
- Interest: variable rate or lock in a fixed amount borrowed
- Repayment: As you repay the money you’ve borrowed, that credit becomes available to you again
Your home can be a powerful financial borrowing tool
- Available for: paying off large expenses or renovating your home
- You can borrow: up to 80% of your home value
- Repayment: Minimum interest-only payments
Application Checklist
To start your application, there are a few things we’ll need from you:
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Government-issued identification
(original and not expired) Examples of valid ID -
Proof of income
- If employed, provide your last two paystubs
- If self-employed, provide your last two Notice of Assessment documents (tax returns)
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Expense statements
Mortgage/rent payments, utility bills, taxes, other credit statements, etc.
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Bank account details form for the deposit of funds and to schedule repayment
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Adding a co-signer?
The same information and documents will also be needed from them
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Your vehicle purchase
Documentation on the desired vehicle age and cost
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You consent to credit checks
As part of this credit check, we will give your information to credit bureaus and other lenders. They will give reports and information to us, about you, to help assess your eligibility and creditworthiness.
