What vehicle can I buy with a payment of less than $85 per week?

One of the questions we receive most often at Auto Durocher is:

“Is it still possible to buy a recent vehicle with a payment of less than $85 per week?”

The answer is yes.

Contrary to what many think, it is still possible to get a recent, reliable, low-mileage vehicle with a payment under $85 per week, depending on the vehicle chosen, your credit profile, and the financing conditions.

Which vehicles are currently available under $85 per week?

At the time of writing this article, several recent vehicles can allow you to get a payment of approximately $85 per week or less, plus taxes, depending on current promotions, the price of the vehicle, and credit approval.

Among our top choices:

Used 2025 Hyundai Elantra

The Hyundai Elantra is an excellent choice for individuals looking for an economical vehicle.

The advantages

• Very low fuel consumption
• Recent vehicle
• Generally low mileage
• Reasonable maintenance cost
• A lot of equipment for the price

Ideal for:

• Students
• Young professionals
• Daily commutes
• Long distances

2024 Nissan Sentra

The Nissan Sentra has become an excellent compact sedan.

The advantages

• Very comfortable
• Good fuel economy
• Modern interior
• Excellent value for the price
• Recent vehicles available on the used market

2024 Nissan Kicks

The Nissan Kicks remains one of the best choices for getting a low payment.

The advantages

• Raised driving position
• Low fuel consumption
• Affordable maintenance cost
• Recent vehicle
• Very accessible payment

For many clients looking for a first SUV, it represents an excellent point of entry.

Why is it possible to get such a low payment?

The answer is simple.

These vehicles are still very recent.

Financial institutions often agree to finance certain recent vehicles over a period of up to 96 months, depending on the year of the vehicle, its mileage, and credit approval.

By spreading the cost of the vehicle over a longer period, it is possible to significantly reduce the weekly payment.

What is an open loan?

This is a question many clients ask us.

The majority of car financing options offered in Quebec are open loans.

This means you can generally make an early repayment, pay an extra amount toward your loan, or even fully pay off the balance before the end of the term, without penalty, depending on the terms of your financing contract.

Therefore, you benefit from a lower payment while retaining the option to pay off your loan faster if your financial situation allows.

Is financing over 96 months a good idea?

Not in every situation.

However, when dealing with a recent, low-mileage vehicle and the payment respects your budget, this option can be highly attractive.

It often allows you:

• to buy a newer vehicle;
• to reduce the weekly payment;
• to maintain breathing room in your budget;
• to limit the risks of major repairs associated with an older vehicle.

At Auto Durocher, we always analyze the situation of each client in order to recommend the financing term best suited to their needs.

Important

The examples presented in this article are provided for informational purposes only.

Payments are calculated based on an interest rate of 7.99%, 96-month financing, with credit approval, and taxes are extra.

The actual payment may vary depending on:

• the price of the vehicle;
• the down payment amount;
• the value of your trade-in vehicle;
• your credit score;
• the interest rate obtained;
• and the financing programs in effect.

Our Auto Durocher advice

The best vehicle isn’t necessarily the one that costs the least.

It’s the one that respects your budget while meeting your needs.

If you do not know what payment you can afford or how much you could borrow, our team can perform a free personalized evaluation of your borrowing capacity.

In a few minutes, we can help you find out:

• your maximum loan amount;
• your weekly, bi-weekly, or monthly payment;
• an estimate of your interest rate based on your file;
• and the vehicles that truly correspond to your budget.

This way, you can shop for your next vehicle with confidence, with no bad surprises and with no obligation to purchase.

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