By Nyomi Williams, Auto Finance Writer at FindAVehicle · Published July 30, 2026 · Last updated July 30, 2026 Yes, selling a financed car in Canada is legal and common: the loan must be paid out at or before the sale, either from the buyer’s payment, a dealer trade-in, or

By Nyomi Williams, Auto Finance Writer at FindAVehicle · Published July 30, 2026 · Last updated July 30, 2026 A bill of sale Ontario private vehicle sales rely on is a one-page document recording the buyer, seller, vehicle, price, and date, signed by both parties. Ontario requires one to transfer

By Nyomi Williams, Auto Finance Writer at FindAVehicle · Published July 30, 2026 · Last updated July 30, 2026 Should you lease or finance a car in Canada? Finance if you keep vehicles more than four years, drive over 20,000 km annually, or want to eventually own outright; lease if