Car Loans in Toronto
Fast Decisions for All Toronto Residents
Downtown, North York, Scarborough, Etobicoke & GTA. Bad credit OK. TTC accessible office.
Car Loans Across Toronto
We serve customers in every Toronto neighborhood and the Greater Toronto Area
Downtown Toronto
Financial District, Entertainment District, Harbourfront. Perfect for young professionals and condo dwellers. Our office is TTC accessible via Union Station.
North York
Yonge & Sheppard, Finch, Willowdale. Suburban families and professionals. Easy access via Highway 401 and Yonge subway line.
Scarborough
Kennedy, Warden, Malvern, Agincourt. Diverse community with many new Canadians. We specialize in no credit history and bad credit approvals.
Etobicoke & West Toronto
Islington, Kipling, Rexdale. Family-friendly suburbs near Pearson Airport. Great for commuters on the Gardiner Expressway.
Why Toronto Residents Choose ConsumerAuto
Toronto Market Experts
We understand Toronto's unique challenges: high cost of living, diverse credit situations, and the need for reliable transportation in a car-dependent city. Our team knows how to get Torontonians approved.
TTC Accessible
Our Burlington office is easily accessible from Toronto via GO Transit and TTC. Can't make it in person? No problem - complete your entire application online from anywhere in the GTA.
New Canadians Welcome
Toronto is Canada's most diverse city, and we welcome new immigrants with no credit history. We understand your situation and have special programs to help you build credit while getting the car you need.
Toronto-Specific Benefits
🚗 Winter-Ready Vehicles
Toronto winters are brutal. We'll help you finance a vehicle with AWD/4WD and include winter tire packages in your loan. Don't get stuck on the DVP or Gardiner in a snowstorm!
💰 Affordable Payments
We know Toronto is expensive. Our flexible payment plans account for your rent, TTC pass, and other Toronto living costs. Get a car without breaking your budget.
🏢 Commuter-Friendly
Tired of the 401 traffic? We finance reliable vehicles perfect for long GTA commutes. Low mileage, fuel-efficient, and built to handle Toronto's roads year-round.
🌍 Multilingual Service
Toronto speaks 180 languages, and we're here to help. Our team can assist you in multiple languages and understands the unique needs of Toronto's diverse communities.
What Toronto Customers Say
"Living downtown without a car was tough. ConsumerAuto got me approved despite my student loans. Now I can visit family in Mississauga anytime!"
- Jessica L., Financial District
"As a new immigrant with no credit history, I thought getting a car was impossible. ConsumerAuto understood my situation and got me approved in one day!"
- Amir K., Kennedy & Eglinton
"My credit took a hit during COVID. ConsumerAuto didn't judge - they just got me into a reliable SUV for my family. Best decision ever!"
- David M., Yonge & Sheppard
How to Get Car Loans in Toronto
Apply Online or Call
Complete our 2-minute application from anywhere in Toronto - Downtown, North York, Scarborough, or Etobicoke. Or call us toll-free at 1-888-660-8663 to speak with a Toronto market specialist.
Get Fast Decisions
Receive your approval decision within minutes. We work with Toronto-area dealerships and understand the local market, so we can match you with the best financing options for your neighborhood.
Choose Your Vehicle
Browse our inventory or visit a partner dealership in Toronto. We work with dealers across the GTA - from Yorkdale to Scarborough Town Centre - to ensure you get the right vehicle.
Drive in Toronto Today
Complete the paperwork and drive away in your new car. Whether you're commuting on the 401, navigating downtown streets, or heading to Pearson Airport, you'll be ready to go!
Or call us: 1-888-660-8663
Calculate Your Toronto Car Loan Payment
See your estimated monthly payment for any vehicle
Bad Credit Payment Calculator
See exactly what you can afford based on your credit situation
Estimates shown for educational purposes only. Final approvals and rates are determined by the lender.
Your Estimated Monthly Payment
$309
per month for 60 months
Interest Rate
14.99%
APR
Loan Amount
$13,000
Principal
Total Interest
$5,552
Over 60 months
Total Cost
$18,552
All payments
Credit Score Improvement
After 5 years of on-time payments, your credit score could improve by 120+ points, reaching approximately 670!
Important: Rates and terms are estimates for educational purposes only. Actual rates may vary based on your complete financial profile and lender underwriting.
Example Scenario 1
500 Credit Score
$15,000 vehicle, $2,000 down, 60 months
→ $344/month
Example Scenario 2
550 Credit Score
$20,000 vehicle, $3,000 down, 60 months
→ $422/month
Example Scenario 3
600 Credit Score
$26,500 vehicle, $4,000 down, 60 months
→ $535/month
Example Scenario 4
525 Credit Score
$20,000 vehicle, $0 down, 60 months
→ $486/month
Toronto Car Loans FAQ
Do I need to visit your office or can I apply from Toronto?
You can complete the entire process online from anywhere in Toronto! While our main office is in Burlington (accessible via GO Transit), most Toronto customers prefer to apply online and complete everything remotely. We'll connect you with a dealership near your Toronto neighborhood.
I'm a new immigrant in Toronto with no credit history. Can I still get approved?
Absolutely! Toronto is Canada's most diverse city, and we specialize in helping new Canadians build credit. We have special programs for newcomers with no credit history. Bring your work permit, job letter, and proof of income, and we'll get you approved.
How do you account for Toronto's high cost of living in my budget?
We understand Toronto is expensive! Our approval process considers your rent, TTC pass, parking costs, and other Toronto-specific expenses. We'll work with you to find a monthly payment that fits your actual budget, not just a generic formula.
Can I get a car loan if I live in the GTA (Mississauga, Brampton, Markham)?
Yes! We serve the entire Greater Toronto Area including Mississauga, Brampton, Markham, Vaughan, Richmond Hill, and beyond. The same easy online application process works for all GTA residents.
Do you finance winter-ready vehicles for Toronto winters?
Absolutely! We know Toronto winters are tough. We can include AWD/4WD vehicles and winter tire packages in your financing. Don't get caught unprepared when the first snowstorm hits the DVP!