Used Car Loan Rates in Canada in 2025

The Canadian used car financing market presents numerous opportunities for savvy buyers who understand current used car loan rates in Canada and their impact on purchasing decisions. With interest rates varying significantly across lenders and borrower profiles, securing competitive financing can result in substantial savings over your loan term. Smart buyers research multiple financing options, […]

In Ontario, the primary tax on a used car purchase is the Harmonized Sales Tax (HST), which is levied at a rate of 13%. This tax is based on the higher of either the vehicle's purchase price or its wholesale value. For private sales, the tax is calculated based on the vehicle's retail value determined […]

When deciding to purchase a vehicle, one of the most crucial choices is navigating the new vs used car financing options. This decision impacts not only your monthly payments but also the total cost of ownership over time. Understanding the nuances of financing a new car versus a used one can help you make an […]