Special offer: Save up to 10 cents per litre1 at participating gas stations2 with Journie™ Rewards. Learn more about Journie Rewards.

Get a car loan that puts you in the driver's seat

with up to 8-year terms. Skip up to 2 payments yearly.3

Get a CIBC car loan directly through your dealership

Ready to get started?

CIBC Personal Car Loan at a glance

Finance up to 100% of the cost of a new or used vehicle and take up to 8 years to pay.

Interest rate
Fixed
Rate approval guaranteed for 90 days.4


Term
5
12-month minimum, up to 96 months

Loan amount
$7,500 minimum


Payment frequency
Weekly, biweekly or monthly. It’s your choice.

Ask for a CIBC loan at your local dealership. The vehicle can be up to 10 years old.

Buying a car outside of a dealership? 
You can still get a CIBC Personal Car Loan by applying online Opens in a new window. or visiting a branch Opens in a new window..

What should I bring to the dealership?

Your dealership will help you complete your loan application when you buy your car. Speed up the application process by bringing these documents with you.

 Government-issued photo ID

 

 

  • A recent pay stub
  • A letter from your employer
  • A recent T4, T4A or T1 tax document with notice of assessment
  • A recent RL1 or TP1 with notice of assessment if you're a resident of Quebec 

Looking for other ways to finance your car?

New to Canada? We'll help get you on the road.

CIBC Car Loan for Newcomers

 

What you'll need to apply:

 

 

 

  • A recent pay stub
  • A letter from your employer

Save at the pump with Journie Rewards and CIBC

Advice and resources

Car loan calculator


Your car loan questions answered

Ready to apply or have more questions?

Visit a dealership

Apply for a car loan online

Get in touch with us