Ready to Buy Your New or Used Car?
Now that you have your estimated monthly car loan payment, explore our financing options. We can help you finance the vehicle of your choice, including new or used cars, SUVs, recreational vehicles, trucks and vans.
Benefits of Financing Your Car with RBC
Competitive Interest Rates Get a competitive rate when financing with RBC. Special financing rates are available through our featured partner manufacturers.
Apply Where It’s Convenient for You Finance your vehicle at one of our partner dealerships.
Flexible Payment Options Pay monthly, semi-monthly, bi-weekly or weekly. There’s no penalty for paying off your loan early.
Financing Solutions That Match Your Needs Choose a term from 1 to 8 years with financing available for units up to 10 years old.
Frequently Asked Questions about Car Loan Payments
Choose a term from 1 to 8 years with financing available for units up to 10 years old. Visit one of our partner dealerships to learn more.
Yes. RBC provides flexible payment options. Pay monthly, semi-monthly, bi-weekly or weekly. There’s no penalty to pay off your loan early.
Visit a participating dealership and ask for an auto loan with RBC for a car, electric vehicle (EV), RV, or marine vehicle. Find an RBC partner dealership near you.
Tips for Buying your First or Next Vehicle
View Legal DisclaimersHide Legal Disclaimers
RBC automotive financing products are offered by Royal Bank of Canada by way of conditional sales contract (in Quebec, installment sales contract) and are subject to its standard lending criteria.
Where applicable, loan terms are subject to renewal at the end of the term.
This calculation is an estimate based on the accuracy and completeness of the data you have entered and the indicated estimated interest rate, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account. Your Estimated Fixed Rate Loan Payment does not include any registration or administration fees that may be applicable. Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.