Auto LoansDrive away with flexible financing
Did you know?
Scotiabank is the #1 choice for vehicle financing in Canada1
Get up to
$200,000 for your next vehicle2
Buy a new vehicle or one that’s up to 7 years old
Pick a fixed or variable rate3
Take up to 8 years (96 months) to pay back your loan
Customize your 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 rebates4
Ask for Scotiabank financing at over 4,000 dealerships across Canada
Scotiabank is the #1 choice when financing at the dealership1
Enjoy flexible payment options
Tell us how you want to pay: Pick a weekly, bi-weekly or monthly payment plan
Change how much you pay*, how often, or even what days you make a payment
Pre-pay or pay off your loan at any time without a penalty
Manage your loan online anywhere, anytime
Find out how much is left on your loan and when your next payment is due
Make an extra payment or boost your payment amount
Change your payment days or frequency
Use your loan account number to activate online access
Take a payment break
Need a little breathing room? You can postpone one payment each year that you have the loan†
Scotiabank has the highest market share in Prime Retail Automotive Finance among Canadian Banks as calculated using industry reports.
Subject to credit approval and security.
Variable rate not available in Quebec.
Special offers and incentives may vary by dealership or manufacturer, may be available for a limited time and are subject to change or cancellation. Contact your dealership for full details.
Payments can be increased for up to 200% of original payment amount.
Interest will continue to accrue during any payment deferral period. One regular monthly principal payment extension is allowed in every calendar year. Payment extension request must be received at least four business days before the next payment date, loan amortization will be extended by one month, life and disability coverage, if applicable, will be extended by one month, interest portion of the payment will still be debited from the pre-authorized account-only the principal portion is extended. Payment extensions are not processed in the following cases: request is for first loan payment, loan is in arrears, loan is within three months of the maturity date, loan currently has a pending loan extension, request is received less than two days of a regular loan payment, loan has a quarterly/semi-annual/annual payment frequency.