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
- Green option: Competitive fixed 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
- Fixed or variable rate
- Varies according to loan amount, vehicle type and term. Speak to your dealer for the current rates.
Find a participating dealer - This link will open in a new window.
0.30% rate discount1
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- Payments are withdrawn automatically from your account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
Get customized and competitively priced coverage for your car. Learn more about car insurance.
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.
Tips on buying a car
Determine what your needs are and how much you want to pay in terms of your budget.
Let's talk
Avoid waiting on hold. Have us call you when it's convenient.
- Regular fixed rate before any other Desjardins member exclusive rate discount. Some conditions, exclusions and limitations apply. File may be approved with a different amortization based on credit risk. Any vehicle with over 170,000 km in mileage is not eligible. 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.
- Available only in Quebec. The discounts for electric and hybrid vehicles are part of the Green Savings offered by Desjardins General Insurance Inc.
- The terms of the loan requested at the dealer must be the same as those of the loan granted in the pre-authorization certificate.