| |
Let Us Help You Get the Most for Your Money
|
RBC Royal Bank offers you a range of financing options that make it easy to own the car, travel trailer, motor home, or boat you want. We can help you select the right option online, or for personal service, talk to our credit specialists or find an "Authorized Dealer" who offers RBC Royal Bank financing.
|
Your financing choice may be affected by how much vehicle you want for your monthly payment, how long you intend to keep it and how far you drive each year.
Find an Authorized Dealer
You can arrange your loan through an "Authorized Dealer" who sells the car, boat or RV you want.
Which Car Loan Option is Right for You?
| Royal Buy-Back® Loan |
Installment Car Loan |
| More car for the same monthly payment. |
Own your car outright at the end of the term. |
Royal Buy-Back guarantees a future resale value for your car in 2, 3, 4 or 5 years time - and deducts that value from the amount you finance, lowering your monthly payments. Unlike a lease you own the car and there are no early payment penalties.
|
Choose terms of up to 5 years and pay off your car in full.
|
Royal Buy-Back Loan
Instead of financing the full value of the car and paying principal and interest on all of it, you make principal payments on the amount left after subtracting the guaranteed Buy-Back value. That means lower monthly payments, like a lease. But unlike a lease, you own the car from the start - and you can pay more or all of your outstanding balance at any time, without penalty.
 Tell me more
RBC Royal Bank Installment Car Loans
If you drive more than 24,000 km a year, plan to alter the appearance of your vehicle or don't want to owe anything at the end of your term, an RBC Royal Bank Installment Car Loan may be the right choice for you.
Tell me more
Our Online Calculators Can Help You Make the Right Choice
Which loan is best for you?
Royal Buy-Back or Installment Car Loan Calculator.
Which is better - a cash rebate or a discounted interest rate?
Discount Financing vs. Rebate & Financing Calculator.
What's the best way for your business to finance an auto purchase?
Leasing vs. Financing Calculator.
|
|
