Page

Page

Roam vs. a Car Loan in Canada

Roam vs. financing a car: which is right for you?

How a Roam car subscription compares to a car loan in Canada — monthly cost, interest, depreciation, and when each option fits.

Financing a car in Canada usually means a loan over 60 to 84 months at 5 to 7% APR. Once you add up the loan payment, insurance, maintenance, wear, and eventual repairs, a $28,000 compact runs $780 to $930 per month during the loan — about the same as a Roam Long-Term plan. What

18 min