Free tool

Car Loan Calculator

Simulate your monthly payment

Run your car loan calculation in seconds: enter the vehicle price, your down payment and the term, and the calculator shows your real monthly payment, Quebec taxes included.

Calculate your monthly payment

Monthly payment calculator

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Vehicle price

$25,000

Taxes (14.975%)

$3,744

Financed amount

$28,744

Estimated interest

$7,891

Estimated monthly payment

$610.58

Interest rate: 9.99% • Taxes: 14.975% • Term: 60 months

This is an estimate. Contact us for an exact quote.

Get your real rate

The rate shown is an estimate. Leave your details and an advisor will confirm your exact rate and payment, even with a difficult credit file.

This auto loan calculator provides a free estimate based on the parameters you enter. Final interest rates and terms may vary based on your credit file.Contact us for an exact quote.

What the car loan calculator takes into account

A car loan calculation rests on three variables: the amount financed, the annual rate and the number of payments. The calculator adds Quebec tax (14.975%) to the vehicle price, subtracts your down payment, then computes a fixed payment over the term you choose.

For a quick ballpark: $20,000 financed over 60 months at 9.99% is about $425 per month. Stretching the term lowers the payment but raises the total interest paid — that is the trade-off to look at before picking the vehicle.

Quebec car loan ratesCar loan in Quebec

Used car financing term & rate

Maximum term and interest rate by vehicle year. Rates range from the preferred rate (good credit) to the rate for a difficult credit file (A1 credit file).

2016-2021
2016
Maximum term
MAX 24 months
Interest rate
9,99% - 11,99%
2017
Maximum term
MAX 36 months
Interest rate
9,99% - 11,99%
2018
Maximum term
MAX 48 months
Interest rate
9,99% - 11,99%
2019
Maximum term
MAX 60 months
Interest rate
8,99%
2020
Maximum term
MAX 72 months
Interest rate
8,99%
2021
Maximum term
MAX 84 months
Interest rate
8,99%
2022-2026
2022
Maximum term
MAX 84 months
Interest rate
8,99%
2023
Maximum term
MAX 84 months
Interest rate
8,99%
2024
Maximum term
MAX 84 months
Interest rate
8,99%
2025
Maximum term
MAX 96 months
Interest rate
8,99%
2026
Maximum term
MAX 96 months
Interest rate
8,99%

The rate depends on your credit file, the chosen term and the vehicle year. These rates are indicative and may vary based on your situation.

Benefits of our auto loan calculator

Our calculation tool is simple, free and transparent to help you plan your car purchase.

Instant calculation

Get a real-time estimate of your monthly payment.

Taxes included

All calculations include the 14.975% tax for an accurate estimate.

Flexible term

Choose between 24 and 84 months based on your budget and preferences.

Features of the auto loan calculator

All the parameters for a realistic estimate of your auto financing.

9.99%

Default interest rate

Estimated rate for your calculations. The final rate depends on your credit file and will be determined after approval.

14.975%

QC taxes included

All calculations automatically include the Quebec sales tax for an accurate estimate.

24-84 mo

Flexible term

Choose a term between 24 and 84 months based on your ability to pay and your preferences.

Frequently asked questions

Find answers to the most common questions about auto financing.

What interest rate is used in the calculator?▼
The calculator uses an estimated rate of 9.99% per year. The final rate will depend on your credit profile and financing file. Contact us for a personalized quote.
Are taxes included?▼
Yes, all calculations automatically include the Quebec sales tax of 14.975%. The amount shown is therefore the real cost of financing.
Can I increase my down payment?▼
Absolutely! The higher your down payment, the less you will need to finance and the lower your monthly payment will be.
What is the maximum financing term?▼
The maximum term is 84 months (7 years). Minimum terms vary based on your profile, but generally 24 months minimum.
Are there any hidden fees?▼
No. The calculator shows an honest estimate including price, taxes and interest. Other fees may apply (insurance, registration) depending on your file.
How can I get an exact quote?▼
After submitting your application or exploring our vehicles, contact us at 877-338-8113 or info@pretautoquebec.ca for a personalized quote.
What is the difference between a car loan calculation and a lease calculation?▼
A car loan calculation repays principal and interest so you own the vehicle at the end. A lease calculation charges rent on depreciation only: the payment is lower, but you must return the vehicle or buy it out at the end.
Does the calculation include taxes and fees?▼
The calculator includes Quebec sales tax (14.975%) and interest. Registration fees, insurance and the RDPRM lien registration are excluded and add to your real monthly budget.
Why is the calculated payment different from the final amount?▼
The calculator uses an estimated rate of 9.99%. Your real rate depends on your credit file, the term and the vehicle: it is confirmed after the analysis, before signing. The calculation is still the best way to check whether the vehicle fits your budget.

How to use our auto loan calculator?

Three simple steps to estimate your monthly payment.

1

Enter the car price

Enter the price of the vehicle you are considering buying.

2

Customize the parameters

Adjust the down payment, term, and rates based on your financial situation.

3

Get your estimate

View your estimated monthly payment and the full financing details.

Find your perfect car

Use our auto loan calculator to evaluate your budget, then explore our inventory of 300+ vehicles.

Learn more