Whats the interest rate now?

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05-06-2006, 08:16 PM

plasticfish

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Whats the interest rate now?

Anyone knows the rate for a car loan in the banks in Toronto now?

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05-06-2006, 10:05 PM

Special_K_828

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Around 8%

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05-07-2006, 02:49 AM

Jasonoff

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http://www.honda.ca/HondaCA2006/Fina...imator.htm?L=E

7.25% at honda right now.

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05-07-2006, 07:14 AM

Xplosiv

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should consider purchasing the car from the states.

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05-07-2006, 07:27 AM

05 Canuck

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Quote:

Originally Posted by Xplosiv,May 7 2006, 07:14 AM

should consider purchasing the car from the states.

It might be a little tougher buying a car from the states if you need to get a loan.

Some banks may finance the cost of the car, but you might have to come up with the cash for the duty, exchange & taxes etc.

Some Honda Dealerships in Canada also offer in-house financing with rates better (or more flexible) than Honda Canada.

But if you've got the cash to buy a new 'S' ... this is a great time to buy from the U.S.