StartRight auto finance program
A loan created for newcomers
Scotiabank is the #1 choice for financing from coast to coast.1
Get up to $75,000 for your next vehicle2
Qualify for a loan with no Canadian credit history.
Get a new car or one that’s up to 4 years old.
Take up to 5 years (60 months) to pay back your loan.
Customize the payments the way you want.
Get the best deal at your dealership
It’s the ideal way to stay on budget
- You could get cash back, 0% financing or outstanding loyalty rebates3
- Ask for Scotiabank financing at over 4,000 dealerships across Canada
- Scotiabank is the #1 choice when financing at the dealer.1
It’s easy to apply
- Proof of Permanent Residence or Foreign Worker status and date of arrival in Canada.
- Canadian residency of 3 years or less.
Manage your loan online anywhere, anytime
- Find out how much is left on your loan and when your next payment is due
- See your payment amount and remaining term.
- Make an extra payment or boost your payment amount
- Change your payment days or frequency
- Use your loan account number to activate online access
Enjoy flexible payment options
- Qualifying Permanent Residents can put a down payment of minimum 10%. Foreign workers minimum down payment 25%
- Pick a payment plan that works for you: weekly, bi-weekly or monthly.
- Change how much you pay4, how often, or even what days you make a payment.
- Pay off your loan or make a pre-payment at any time without penalty.
Take a payment break
- Need a little breathing room? You can postpone one payment each year that you have the loan†