What banks offer financing for a used car?
Various banks offer financing for a used car. Banks like RBC, CIBC, and Canada Trust are all examples of the banks. One can visit their websites for a rough quote on the price of financing the used car.
If you are looking to purchase a used car you will be able to find great financing as long as you have good credit. The best places to look are local credit unions and local banks that have a branch in your area. If that does not work for you then see if the place you are buying from has in house financing. The financing you get will depend largely on your credit score.
There are a number of ways to financing a car. If purchasing a new car, check out the dealers financial offers, some offer an APR of 0%, or add other benefits such as free insurance. If unsure whether it will be a new or a used car, a personal loan is another option, though the APR may be higher than a dealer's special offer.