Car loan calculator
Easily estimate your budget for your dream car
Vehicle price
$
Down payment
Optional
$
Trade-in value
Optional
$
Term length
Credit score
Your estimated biweekly payment
$286
7.49% APR (estimated based on your credit score)
Personalize your financing terms in minutes, with
no impact to your credit score.
Shop cars in your budget
Buy your dream car online with Clutch. Try it for 10 days, and if you don't like it, we'll take it back *
Get financing through Clutch
Quick and easy
Fill out our online form to get pre-qualified in minutes––with no fees, and no impact to your credit score.
Take terms with you
Get pre-approved for a loan for this vehicle and any other Clutch car that catches your eye.
Competitive rates
We partner with some of Canada's largest financial institutions to help get you a great rate.
Meet our biggest fans
Hands down BEST CAR BUYING EVER!! I hate pushy salespeople especially when I know what I am looking for. I did my homework and got the best deal for a premium car with low mileage. My trade in offer was higher than expected. No one was calling me to make a sale—everything was on MY terms which is exactly how I like to make large purchases. I would recommend Clutch to anyone who knows what they are looking for and likes to be in control of the situation when buying a vehicle.
Amazing, took two days to get my car delivered to Ottawa. Amazing experience. Who knew buying a car online could go so smoothly
Clutch made my experience for buying a car very stress free. I inquired about a car, received a call back in 24 hours, had it insured the day after that, and picked up my new car in less than a week! It was a very smooth process, everything was explained to me very well. Couldn’t have asked for a better experience. I would recommend clutch to anyone looking to get a new vehicle.
Adam provided exceptional service during my purchase. He was professional, friendly, and patient throughout the entire process. He explained everything clearly, answered all my questions, and made the experience seamless.
Got my 2018 BMW 230i from Clutch with Hamad! Amazing and smooth experience, if you’re looking for a car, definitely recommend Clutch & Hamad!
We have purchased three cars through Clutch and are extremely satisfied. I did a lot of research on the car before we purchased it and could not find a better price anywhere. I actually feel we saved several thousand dollars!They do a very good job with the photography and cars are as pictured. You get what you see and save money! Excellent experience! Thanks Clutch.
William delivered my wife's car and was awesome. Very polite and professional. Would definitely go through Clutch again.
Hello, Today bought a 2020 Honda civic sport from clutch. The process of purchasing was fabulous and the clutch representative Mr. Himanshu made all the process smooth. He guided and kept proper transparency in every step. Thanks for your help and the services provided.
Bought my car through clutch today. Had an amazing experience from start to end. Zeel helped me out with the pickup and explained everything. Hats off to Zeel and the whole Clutch Team!
Great experience from start to finish. Fully transparent about the car, from showing hotspots on the body for damage, to free CarFax reports, to a clear inspection done by Clutch. Loved this car when I saw it, and was surprised to see it go on sale at just the right time. Rebecca was great to talk with, and helped explain everything about the buying process and financing options. Tyler was also great to talk to when delivering the vehicle, explaining each piece of paperwork I was signing and ensuring I was happy with my purchase. Can not recommend Clutch enough to anyone looking for a used vehicle, both for first time buyers (like me) and experienced buyers.
Recently sold my vehicle through Clutch, and I can't recommend them enough. Aaron, the field manager, was a pleasure to work with—helpful, honest, and made the entire process seamless. Despite a few small hiccups on our end, Aaron and his team ensured we were completely satisfied with both the offer and service. No hidden fees, no shady dealer tactics—just a straightforward, stress-free experience. Thank you Clutch!!
Easy to use, addon options for warranties for piece of mind, clear, no hidden fees.. felt involved with the whole process and the delivery option was so worth it!!
The process was straightforward with no surprises. I traded my old car for a newer one, and everything went smoothly. I would like to thank Aaron Timms for his support and warm welcome during the delivery.
Easy and quick experience! Fenil made the experience quick and painless. In and out in under an hour. Purchased the vehicle on Tuesday, picked up before the end of the week. No sales pressure no stress. Highly recommend.
I recently traded in my 2023 Subaru BRZ for a 2024 Volkswagen GTI, and I couldn't be happier with the experience! My advisor, David, walked me through the entire process seamlessly. He was knowledgeable and patient, answering all my questions and ensuring I felt comfortable with the transition. To my surprise, I had my new car ready in just 48 hours! Adam was fantastic as well, taking the time to show me all the new features of my GTI. His enthusiasm and expertise made the experience even more enjoyable. Five stars for everyone involved in making this happen!
Was very easy and they helped my find my first car and got it delivered in just a few days
Clutch is an honest and trustworthy company. I just bought a car from them and could not be happier. I got super lucky with mine, I was cautious using a site to get my car, but all the reviews are good. Then after receiving my car I took it to the mechanic and they also cleared it. The customer service team is 10/10 and they made buying my first car easy and enjoyable!
Great experience, Abby my advisor was awesome, she made it happen . Definitely would come back
Clutch is a great company to work with! Made the transition of buying a used car without a headache
I got a Toyota RAV4. Adam helped me to get it done within 10 minutes.
This was one of the smoothest and easiest trade in a purchase process I have experienced. The communication is clear and effective. The stress-free 10 day Guarantee was a huge relief as well. I would definitely recommend clutch to anyone.
Sold my car with clutch today and I cant say enough good things about my experience with Ralph. It was a breeze and made my selling experience super easygoing. I will recommend clutch to everyone I know from now on selling their vehicle! Thank you clutch 👍🏻
Adam was really helpful while giving the delivery of the car
Great experience. Very friendly sales advisors. Professional delivery. Amazing!!
Great experience, from the high-res photos, to the transparency, through to customer service. I worked with David Melo and he was highly professional. I even traded my car in after a week for one that came up for sale after I bought the first one. Even that experience was seamless ... I just had to eTransfer the difference and then exchange vehicles the next weekend. I've recommended to my family for their next vehicle purchase.
I recently bought a car from Clutch, and the process was incredibly easy. I applied on Saturday and got approved by Monday. The process was fast and simple, thanks to their excellent financial advisor, Christian Volfson, who helped me secure better interest rates and handled all my documentation. On the day of pickup, I was a bit confused since this was my first car, but Sofiat and Adam were there to help. They were super friendly and helpful, finishing my last bit of documentation in just 10 minutes. They truly are the best, and I hope they get the recognition they deserve. I look forward to making future purchases with Clutch and will definitely recommend them to my friends and family. 🚗✨️❤️🥂
Really simple trade in and no haggle/pressure buying process, would definitely recommend. Special shout out to Rebecca and Tyler on the Halifax team, great service!
Hands down BEST CAR BUYING EVER!! I hate pushy salespeople especially when I know what I am looking for. I did my homework and got the best deal for a premium car with low mileage. My trade in offer was higher than expected. No one was calling me to make a sale—everything was on MY terms which is exactly how I like to make large purchases. I would recommend Clutch to anyone who knows what they are looking for and likes to be in control of the situation when buying a vehicle.
Amazing, took two days to get my car delivered to Ottawa. Amazing experience. Who knew buying a car online could go so smoothly
Clutch made my experience for buying a car very stress free. I inquired about a car, received a call back in 24 hours, had it insured the day after that, and picked up my new car in less than a week! It was a very smooth process, everything was explained to me very well. Couldn’t have asked for a better experience. I would recommend clutch to anyone looking to get a new vehicle.
Adam provided exceptional service during my purchase. He was professional, friendly, and patient throughout the entire process. He explained everything clearly, answered all my questions, and made the experience seamless.
4.8 stars, 1000+ reviews
FAQ
The Clutch car loan calculator is designed to help you estimate your monthly and biweekly car payments based on several key inputs. Here's how it works:
Vehicle price: Enter the price of the vehicle you are interested in purchasing.
Down payment (Optional): Input the amount you plan to pay upfront. A higher down payment reduces the total amount you need to finance.
Trade-in value (Optional): If you have a vehicle to trade in, enter its estimated trade-in value. This amount will be subtracted from the vehicle price to reduce the loan amount.
Term length: Select the duration of the loan, ranging from 24 to 96 months. A longer loan term results in lower monthly payments but may increase the total interest paid over the life of the loan.
Credit score: Choose your credit score from the available options. Lower credit ratings typically result in higher interest rates, while higher credit ratings can qualify you for lower interest rates.
Using these inputs, the car loan calculator estimates your monthly and biweekly car payments, taking into account the interest rate applicable to your credit rating. This helps you understand what to expect and plan your budget accordingly for your auto financing needs.
Applying is easy and completely online. Select ‘Financing’ as your preferred payment method during checkout and you'll be guided through all of the steps to complete your application. Once you complete your financing application, we’ll send it to potential lenders for approval. If potential lenders require more information, we’ll reach out and ask you to provide it.
Gross income is your total monthly or yearly income before any taxes are deducted. This amount is higher than your “net pay” or “take-home pay.”
Interest is calculated on a per payment basis. This means that if you pay the loan off early you will not be charged the remaining interest. Note: If you decide to put extra money down on the loan after you take possession of the car, it will not lower your payment instalments—it will only shorten the length of the term of the loan.
The minimum amount your lender can lend is $7,500 after taxes. If the amount is below this, lenders cannot finance a contract. Once the vehicle is financed, however, you can immediately put money down on the loan to reduce it to your desired loan amount.
If you didn’t qualify for financing, we suggest adding a co-applicant! That will help strengthen your profile to increase the probability of approval. Email us at offers@clutch.ca and we can help guide you through the process.
Down payments are usually not required. In some cases, however, lenders may require a down payment to approve financing. If you choose to put a down payment, you may pay as much as you’d like as long as the minimum amount financed is $7,500. If the amount is below this, lenders cannot finance a contract.
