About Scotiabank
The Bank of Nova Scotia, known as Scotiabank is a Canadian multinational services company and known to be within Canada’s “big five banks”. It is the third-largest bank in Canada by deposits and market capitalization. While it was founded in Nova Scotia in 1832, the company moved its executive office to Toronto in 1900. With over 88,000 employees worldwide, Scotiabank serves over 25 million customers. Scotiabank has billed itself as Canada’s most international bank due to its acquisitions in Latin America, the Caribbean, Europe and parts of Asia.
Highlights:
- Flexible term options – take up to 8 years (96 months) to pay off your car loan
- Options for both fixed or variable financing
- Options to finance any vehicle not older than 7 years
- Change the payment options as you go – whether you want to change when you pay, how often or how much you pay
Winter special effective January 12 – February 11, 2021
Loan terms between 60 – 78 months: 4.39% – 5.69%
Loan terms of 84 months: 4.49% – 5.99%
Loan terms of 96 months: 5.73% – 7.23%
Fixed rate loans for older model year vehicles:
2010-2012: 8.24% – 9.74%
2013-2015: 6.24% – 7.74%