With the winter months still very much underway, your vehicle might have shown signs of breaking down. Or worse, your car might be undergoing problems you have long ignored. If you have noticed signs of wear and aging, or even signs of destruction, looking into a TD Car Loan might just be the answer to your needs.
A TD Car Loan is perfect not only for purchasing your new vehicle of choice, but it’s also great if you want expert financing solutions. To know more what this has to offer, read on.
TD Car Loan Features and Benefits
One of the highlights of a TD Car Loan is its competitive fixed and variable rates. Under this advantage, you can find the rate that’s right for you and your lifestyle. If you apply under this loan, you will be given preferred rates on select automobile and recreational vehicle brands. Whether you intend to buy a new car or go with a gently used vehicle, know that preferred rates will be on your side.
Apart from this offering, you can also enjoy flexible payment options. All you need is to take your pick from the payment frequency that suits your budget. Weekly, bi-weekly, semi-monthly, or monthly payment terms are all ripe for your picking.
In addition, you are also entitled to get a personalized repayment schedule. Simply choose the duration of your loan. Depending on the loan amount you intend to take out, you can get up to a 96-month amortization period. Through this initiative, you can say goodbye to scrimping your budget just to pay off your borrowed amount.
Ready to get your TD Car Loan? Learn how you can apply today.
Applying for a TD Car Loan
You can head on to their website for more details. Requesting your very own TD Car Loan can be done online. Another option you can apply is by going to a branch near you or through going to a dealer of your choice. TD Auto Finance partners with over 4,500 dealerships nationwide.
To be eligible for this program, you must be of legal age and be a citizen of Canada. You must also have a stable income and bear good credit standing. A good credit history is imperative to allow lenders to give you the money you need.
If your car loan application is approved, you can take out up to $10,000. This number depends on your financial background.
TD Car Loan Fees and Charges
Interest rates depend on your loan amount. Likewise, the bank may charge you other fees such as documentation fees and other initial costs of completing your contract.
For example, if you borrow $10,000 with an annual interest rate of 10% with monthly payments, the balance you have to pay for the month comes out to $84.93.
If you are interested in flexible payment terms and personalized repayment schedules, looking into a TD Car Loan is a good place to start. Apply now!