Buying a car is one of the biggest financial decisions most people make. Whether you’re choosing a shiny new model or a reliable pre-owned vehicle, understanding how car financing works can make the difference between a stressful purchase and a smooth, rewarding experience. With so many options available, from loans for all credit types to zero down payment options, Canadian drivers have more flexibility than ever. This guide will walk you through the essentials of new and used car financing, tips for finding the best deal, and how to make confident choices as you buy your next car.