Search Cars
Sell/Trade
Financing
Why Canada Drives
How It Works
The smart way to buy a car

Inventory
Get access to the widest selection of vehicles in Canada

Customer Reviews
See why Canada Drives is Canada’s favourite way to buy a car

Vehicle Protection
Learn about our affordable extended warranty packages
Resources
Research
Stay up to date with the latest auto news, reviews and buying tips

Newsroom
Read news articles about Canada Drives and access our media kit
Understanding Car Loans
Learn everything you will ever want to know about car loans

Car Loan Calculator
Quickly and simply calculate your potential car loan payments

Your current region: ON Ontario

Your current region: ON

To see local features and services for another location,

Blog Car Finance

3 Ways to Pay Off Your Car Loan Faster

Paying off your car loan faster can substantially improve your financial position. If you are suffering from poor credit and struggling to access additional credit for future loans, changing the way you pay off your loan can be extremely effective.

Browse by Category

Psst! Want a Great Deal On Your Next Car?

Get free, simple, and expert-backed tips on everything you need to know about buying your next vehicle (or making your current one last longer).

Sign Me Up!

Recommended Articles

You May Also Like:

Car Finance | Dec 5, 2022

Do You Pay Tax on Private Car Sales in Ontario?

In Ontario, we’re accustomed to paying sales tax on many things we buy from stores and other retail locations, including new and used vehicles. Those retailers,...

Read this Story

Car Finance | Nov 28, 2022

GAP Insurance Explained: How Does it Work & Who is it For?

Of all the extra-cost add-ons that can be tacked on to your vehicle purchase, GAP insurance is one of the most sensible. But how does it work exactly, who is th...

Read this Story

Car Finance | Nov 14, 2022

How to Get Approved for a Car Loan with No Credit

It can be difficult to get a car loan if you have bad credit, but many people can have an equally tough time if they have no credit....

Read this Story

Car Finance | Sep 29, 2022

Car Insurance in British Columbia: Everything You Need to Know

British Columbia’s public auto insurance system has been in the news many times over the last few years, thanks to B.C.’s reputation for being the most expensiv...

Read this Story

Car Finance | Sep 21, 2022

Car Insurance in Alberta: Everything You Need to Know

In the fourth quarter of 2020, when many people were staying home to prevent the spread of COVID-19, Alberta auto insurance premiums went up by 30 per cent comp...

Read this Story

Car Finance | Sep 19, 2022

Residual Value Explained & How to Calculate It

You’ve heard about “residual value” on vehicles, but do you know exactly what it’s all about? It can have an effect on your finances when you’re leasing a vehic...

Read this Story

Find Your Next Car

Search All Vehicles

Or

Get Pre-Approved