Auto Financing Trends in Canada

What Canadians are seeing right now — and how to shop smarter.

Trend: Buyers are shopping payment-first

More Canadians are focusing on total monthly cost (loan + insurance + fuel) instead of just the sticker price.

Trend: Longer terms are common

Many buyers choose longer terms to manage monthly payments — but it's important to watch total interest cost.

Trend: Online pre-qualification is growing

Canadians increasingly start online to understand options before visiting a dealership.

How Maple Drive fits in

Maple Drive helps buyers start with clarity: budget, options, and next steps — so the in-person part is easier.

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Get pre-approved with Maple Drive

Start with a quick online application and get matched with financing options that fit your situation — Canada-wide.

Start your pre-approval

Maple Drive is not a lender. We connect Canadians with trusted financing partners.