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What are the interest rates on electric vehicles in Canada?

blog:EV motoring Archives | Car Nation Canada DIRECT

What are the interest rates on electric vehicles in Canada?

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It seems that wherever you turn, the news discusses the Bank of Canada increasing interest rates to combat inflation. Inflation is making life more difficult for the average Canadian, therefore these interest rate hikes are a necessary evil to stabilize the economy. When the Bank of Canada increases the prime lending rate, it has a […]

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What entrepreneurs need to consider when buying an EV for their business

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Do you operate a business that requires a vehicle? Entrepreneurs in Canada who require a vehicle for their business should strongly consider switching from their current gas-powered vehicle to an electric one. Stay with us until the end of this discussion, and we'll show you how to finance your new EV at extremely competitive rates, […]

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Best Electric Vehicles of 2022

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EVs have advanced in leaps and bounds when it comes to quality and style.  Nearly every manufacturer is getting in on the action too.  You can get everything from sportscars to SUVs to pickups all either fully electric or with hybrid technology.  It’s an exciting time for EVs, so let’s take a look at some […]

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Advantages of Buying an Electric Car: Why to Make the Switch

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It seems everywhere you look, there are advertisements for electric vehicles; no, this is not some conspiracy theory but a sign of the times.   The automobile market as a whole is transitioning from a petroleum-based model to an electricity-based one with a significant amount of resistance from the legacy oil industries that is entering […]

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Tips to Find an Affordable Electric Car Loan in Ontario [2022]

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Ontarians who are tired of being gouged at the gas pump should consider making the jump to an all-electric.   There are many options out there aside from Tesla, and you stand to save a tremendous amount of money in the process and find an affordable electric car loan in Ontario. Stick with us till […]

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Self Employed Electric Car Loans: Is Right for your Business?

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If you are self-employed and need to buy an electric car, you have your work cut out for you. EVs are expensive right now, so you’ll need to be savvy to borrow enough.   The economy in Canada is in a delicate situation where it could become the victim of hyperinflation or a recession if […]

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Are you Ready to Buy an EV in 2022? 3 Important Considerations

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Canadian car buyers in 2022 have a variety of different questions they must address when shopping for a new vehicle.   The biggest question you need to ask yourself is whether now is the time to buy an EV in 2022 (electric vehicle).   These vehicles have been gaining in popularity, and Canadians always want […]

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