Our Finance Department

Welcome to Hanna Chryslers Finance Department, your auto loan and car lease resource.



Get Financed Today with Hanna Chrysler!

Long-Term Purchase or Short-Term Lease, All Your Finance Options Can be Found at Hanna Chrysler Ltd.

Test driving and researching new vehicles are the fun parts of shopping for any new car, truck, van or SUV. Budgeting, running the numbers, and figuring out repayment plans are the not-quite-fun part for many Alberta drivers. At the Hanna Chrysler Ltd. finance team, we can’t promise to make setting up a payment plan for your new car fun, but we can promise to make it easier. We work with many banks in the Hanna area and walk you through every step of the process, to make it easier to understand and more efficient for you.

Which Auto Financing Options Fit You Best?

There are two main options to pick from when considering your financing options taking out a loan or signing a lease. Each has their pros, so it’s really up to you to decide which is the right path forward. For example, with a loan, you own the car at the end and build equity, but with a lease, you have a lower payment and an easier time upgrading when you turn it in. Whichever you choose, we can provide you with the information you need to make an informed decision.

Make Life Easier with Expert Automotive Financing

Let the Hanna Chrysler Ltd. finance team help you navigate the world of leases, loans, and purchase agreements. We make the process easier and we guide you through all of your options so that you can find your ideal plan that won’t break the bank or strain your budget. You can even get started before you shop, by filling out our convenient, online finance application to get the ball rolling and start setting up the perfect financing arrangement for your budget.

FAQs

What is a good interest rate on a car loan in Canada?

The average interest rate for car loans in Canada ranges from 4.5% to 10%. The interest rate charged to an individual can vary depending on whether the vehicle is new or used, credit score, and more.

Is it easy to get a car loan in Canada?

Yes, you should easily get a car loan in Canada, as there are many auto loan providers available that work with customers with various credit scores. Although the interest rate might differ from one customer to another; generally, the approval rate for auto loans in Canada is high.

What is the prime rate in Canada for a car loan?

The prime rate in Canada is 2.45%, which is the rate that banks and finical institutions charge to a customer with good credit standing.