Auto loans and other loans

Through dealers

  • Available on-the-spot when you buy your vehicle
  • Approval in just a few minutes
  • Interest rate is lower than rate on unguaranteed personal loans since a Desjardins Auto Loan is guaranteed by your vehicle

You'll love

Exclusive advantage for members

  • Get a 0.30% rate discount
  • Pre-authorized Desjardins Auto Loan
  • Green option: Fixed reduced rate
  • Flexible payment terms

Other features

Eligible vehicles

Cars, vans, sports utility vehicles and minivans

Commercial use vehicles: cannot be financed by individuals

Interest rate

Find a participating dealer - This link will open in a new window.

0.30% rate discount

Calculate your potential savings on financing - This link will open in a new window.

Amount available

  • Minimum $5,000
  • Option of financing up to 100% of the cost of your purchase

Terms

6 to 96 months (depending on loan amount and type of vehicle)

Repayment

  • Payment frequency options: weekly, every 2 weeks or monthly
  • Payments are withdrawn automatically from your account
  • No prepayment penalties: pay off your loan whenever you want, in part or in full, without being charged extra fees on AccèsD by choosing Prepayment

If you opt for a hybrid or electric vehicle, you benefit from 2 additional advantages:

  • Reduced regular fixed rate as low as 4.5%1
  • An additional discount on your auto insurance2: 15% off for a hybrid car and 20% off for an electric car

Get customized and competitively priced coverage for your car. Learn more about car insurance.

Exclusive Member Advantages

Make your vehicle purchase easier at the dealership and get pre-authorized for the amount you want.

Advantages

  • Shop for a vehicle with peace of mind.
  • No need to complete a credit application from the dealer and reveal personal information.
  • Lets you focus on negotiating the price and terms of the transaction.
  • Saves waiting time at the dealership.

Features

  • Financing available for cars ages 7 years or younger. For cars older than 7 years, financing is available if the odometer reads less than 170,000 km.
  • Available online on AccèsD
  • Available to Desjardins members only.
  • Loan interest rate will be provided by your dealer.
  • You'll receive a pre-authorization certificate upon approval3.

The pre-authorization certificate is:

  • valid for 30 days
  • available on AccèsD as a printable PDF document

It's important to take your certificate to the merchant or dealer. Without it you'll have to apply all over again.

Pre-authorization is not available for loan applications involving a co-borrower or guarantor. In such cases, please complete a loan application at your dealership.

Preapproval and related conditions are given based on the information that is provided. It may be rescinded or modified if the information is inaccurate or incomplete or if an applicant's financial situation has changed since making the request. The preapproval may also be modified if an applicant no longer meets the original qualification criteria at the time they go to the merchant for financing.

Get pre-authorized  - This link will open in a new window.

Fixed interest rate:

  • Guaranteed for the duration of the term
  • Predictable
  • Easy to manage

Variable interest rate:

  • Follows market fluctuations.
  • Advantageous when rates are stable or falling.
  • Generally lower interest rate than the current fixed rate.
  • When rates change, payment amount remains the same but the duration of the loan may vary.
  • Convertible to a fixed-rate loan at any time without fee or penalty. The interest rate will be the current fixed rate at the time of conversion.

Talk to an expert

Get quick access to the help and advice you need.

Recreational and leisure vehicle insurance is offered by Desjardins General Insurance Inc., provider of auto, home and business insurance. Conditions, exclusions and limitations may apply.

  1. Regular fixed rate before any other Desjardins member exclusive rate discount. Some conditions apply. Rate may vary depending on term, type of vehicle, loan amount and your credit rating. In Ontario, the annual percentage rate (APR) is equal to the posted interest rate, assuming that there are no additional charges applicable to the loan. Should there be such charges, the APR might be different
  2. Available only in Quebec. The discounts for electric and hybrid vehicles are part of the Green Savings offered by Desjardins General Insurance Inc.
  3. The terms of the loan requested at the dealer must be the same as those of the loan granted in the pre-authorization certificate.