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
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

May 21, 2022

Tesla Financing & Car Loans in Canada: Here's How It Works

With the cheapest model retailing at around $60,000 in Canada, it’s safe to assume that most Tesla buyers will choose to finance their EV purchase. But how does it work? What credit score do you need to finance a Tesla? Is it easy to finance a pre-owned Tesla? Here’s what you need to know about Tesla financing…

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 | Jun 13, 2022

Understanding BC Used Car Taxes (And How Luxury Tax Works)

In British Columbia, where you buy, the price you pay, and the type of used car all factor into how your car taxes are calculated....

Read this Story

Car Finance | May 5, 2022

What Is a Car Loan Pre-approval? (And What’s The Best Way To Get One?)

As exciting as shopping for a new or new-to-you vehicle can be, there’s no question that the traditional car-buying journey can be more than a little stressful....

Read this Story

Car Finance | Feb 28, 2022

How to Sell a Financed Car

Selling your car is typically no walk in the park. Selling a car that still has a loan on it adds a bit more complexity to the endeavour. However, that doesn't...

Read this Story

Car Loans 101: How To Calculate Your Monthly Payment in Seconds

If it’s time for you to buy a car, then chances are it’s also time for you to secure your car loan too. If you’re like most Canadians, you’ll want access to fin...

Read this Story

0% Financing Car Deals in Canada: Fact or Fiction?

There’s something about seeing those 0% financing offers in car commercials and internet ads that makes you think "free money!" Doesn’t 0% financing essentially...

Read this Story

Employee Pricing: Fact or Fiction?

Car manufacturers have all kinds of tactics to grab your attention. One of their more common marketing tools is an offer called employee pricing, an incentive t...

Read this Story

Find Your Next Car

Search All Vehicles

Or

Get Pre-Approved