I recently looked into car loans in Canada and reviewed quite a few banks and credit unions. In the end, I settled on BCU Financial https://bcufinancial.com/personal/borrowing/loans-and-lines-of-credit/car-loan/ and decided to share my impressions.

They have fairly straightforward terms for car loans. You can get financing for both new and used cars. The loan term is usually from 1 to 5 years, the rate is about 6.99 percent per annum, and it is fixed, which was a big plus for me personally. I also liked that there are flexible repayment options, so you can choose a comfortable payment schedule.

Another thing that seemed convenient was that BCU Financial has campuses and branches in various major cities across Canada. If you need to clarify something or talk to a consultant, you can do so in person.

Overall, my impressions are positive. If anyone is currently looking for a car loan option in Canada, I recommend checking out this credit union's offers. I found their terms to be quite competitive.