Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Get the best interest rate
Here are the main factors that could influence the interest rate you are offered.
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Your lender |
Unless you borrow from an individual, you will be dealing with a financial institution, a credit co-op or a manufacturer's financing service. Each of these scenarios has its own advantages and drawbacks. |
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The vehicle chosen |
Are you buying a new, used or very used car? Often, buyers of new cars get the best interest rates, and only new vehicles generally qualify for 0% financing. Nonetheless, manufacturers sometimes try to drive sales of
certified used vehicles by offering 0% financing. |
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Your credit rating |
Buyers with better credit ratings are offered lower interest rates, so some people are ineligible for the 0% financing option offered by manufacturers. |
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The loan term |
For a lower interest rate, choose the shortest repayment term possible based on your budget. |
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