Excerpt from:  Car Loans Canada -- Getting a Good Loan
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October 17, 2007

October Car Loan Rates

October Car Loan Rates

The latest rates from October are out!  I have taken the average of the top 15 banks and credit unions in Canada.  The base rates are as follows:

36month   48month    60month

High         9.75%       9.75%       10.0%

Average    7.80%       7.84%       7.74%

Low          6.20%       6.20 %       6.20%

The rate will vary based upon past credit history.


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