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Ask your car dealer about financing from RBC Royal Bank®

As one of the largest and most trusted financial institutions in Canada,
RBC Royal Bank makes the buying process simple and convenient:

  • Find the car you want
  • Ask the dealer for RBC Royal Bank financing and get approved on the spot1
  • Get your keys and enjoy the drive
 

So when it’s time for a new car, talk to your dealer about financing with great handling from RBC Royal Bank. Our car loans include features and benefits that are a convenient and flexible way to finance your new or used vehicle.

  • On-the-Spot Financing. You can apply at any dealership that offers RBC Royal Bank vehicle financing. It makes buying a car quick, simple and convenient!
  • Flexible Terms. Choose an amortization term from 1 to 8 years (this is how long you'd like to take to pay off your car loan).
  • Fixed and Variable Rates. Choose a fixed rate loan or a variable rate.
  • Easy Payment Options. Make your loan payment monthly, semi–monthly, weekly or even bi-weekly. You can have it deducted automatically from your chequing account with RBC Royal Bank or another bank.
  • No Early Payment Penalties. Pay more than your fixed payment at any time, or even pay off your loan in full, without penalty.
  • Skip-a-Payment® Option. Skip up to the equivalent of 1 monthly payment each year2, without penalty.
  • Insurance Options are Available. Designed to provide financial backup during difficult times, insurance provides valuable protection for you and your family. Ask your automotive dealer about insurance options at the time of purchase.
 

Take Action

When buying your next car from a dealership, take advantage of the RBC Royal Bank on-the-spot financing. It’s is a convenient and flexible way to finance your new or used vehicle. To find a dealer that offers RBC® financing, visit rbcroyalbank.com/dealer (opens new window)

 

®/ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

1) Personal lending products are offered by Royal Bank of Canada and are subject to its standard lending criteria.

2) The principal and interest portion of any skipped payment will remain outstanding until the end of the term of your loan at which time the skipped payment must be repaid. Interest will continue to accrue upon the total amount of the skipped payment until such time that the skipped payment is repaid in full. You may repay the skipped payment at any time.

 

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