One application. 4 lenders.
Apply Now One application routed to where you qualify.
Every Apply button starts the same single application. Your chosen lender is prioritized first.
The tax is 12% either way, under $55,000. From a dealer you pay 7% PST plus 5% GST. From a private seller you pay 12% PST when you register the car. It is charged on the greater of the price and the Canadian Black Book average wholesale value. A low price on the bill of sale does not lower it. Above $55,000, the dealer rate rises in steps to 20% at $150,000. On a private sale, it stays at 12% up to $125,000.
By its licence. Every dealer must be licensed by the Vehicle Sales Authority, which also runs a compensation fund that pays out when a licensed dealer closes. A private seller offers neither, so run a lien search yourself before money changes hands.
Four in our network, from $5,000 to $200,000, on terms up to 96 months. Rates start at 6.93% and run up to the 35% federal cap. All four pay out within two days. Three consider poor credit, and one sets no minimum score. Income minimums run from $1,500 to $2,500 a month. Our application reaches all four at once, and the approval travels with you to any dealer or private seller.
As short as you can afford. A longer term lowers the payment and raises the total interest. The car loans in Canada page shows the arithmetic on the same car at different terms.
Reviewed by Vlad Sherbatov, Co-Founder and President, Smarter Loans, 6 October 2026. Lender terms checked August 2026.
Under $55,000, you pay 12% either way. A dealer charges 7% PST plus 5% GST, and a private sale carries 12% PST.
Not always. It is charged on the greater of the price and the Canadian Black Book average wholesale value.
The Vehicle Sales Authority does, and it runs a compensation fund for buyers when a licensed dealer closes.
Four lenders in our network do, from $5,000 to $200,000, and all four pay out within two days.
Yes. Three of the four lenders consider poor credit, and one sets no minimum score.
