Car Loan Calculator
Get ready to purchase a new or used vehicle with the CIBC Car Loan Calculator. Learn how much you can borrow and make sure your car payments fit your budget.
The total amount of your loan, taking into account your Down Payment Amount and Cash and Dealer Incentives, is , which is below the $3,000 minimum for a car loan.
A car loan may not be the best option. Let us recommend lending options.
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With a CIBC Personal Car Loan, you can borrow up to 100% of the funds required to purchase a vehicle and take up to 8 years to repay.
The calculation is based on the information you provide and is for illustrative and general information purposes only. This should not be relied upon as specific financial or other advice. Actual results and loan or line of credit payment amounts and repayment schedules may vary. Calculator assumes a constant rate of interest.
Applicants must meet CIBC's lending criteria; all personal lending products are subject to credit approval. Conditions and restrictions apply. Products and their interest rates may change at any time without notice. Ask for details.