1. Banks and Credit Unions:
- Many banks and credit unions in Toronto offer auto refinancing options. You can visit your current bank or credit union to inquire about their rates and terms.
2. Online Lenders:
- Several online lenders specialize in auto refinancing. You can apply for refinancing through these lenders using their online platforms. Some popular online lenders include:
- Ratehub.ca
- Loans Canada
- Mogo
- Fairstone
3. Dealerships:
- Some car dealerships may offer auto refinancing services. If you purchased your car from a dealership, you can contact them to see if they offer refinancing options.
4. Brokers and Financial Advisors:
- Auto brokers or financial advisors can assist you with refinancing your car. They can compare rates and terms from multiple lenders and help you find the best option.
5. Lenders Specializing in Auto Refinancing:
- There are specific lenders in Toronto that focus solely on auto refinancing. These lenders may offer competitive rates and flexible terms.
When refinancing your automobile, it's essential to compare interest rates, terms, and other fees from different lenders to find the best deal. You should also consider your credit score and financial situation to determine the most appropriate refinancing option for your needs.
