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April 7, 2022
Question

What are the interest expenses on a vehicle that i'm financing every month?

  • April 7, 2022
  • 1 reply
  • 0 views
I'm financing through td auto finance.

    1 reply

    April 10, 2022

     

    If you are not sure how much of your monthly is interest, you can check any statements or bills they send you regarding your finance payment. Or you can contact TD and ask them how you can get this information. 

     

    For more information on motor vehicle interest expenses, please see this Canada Revenue Agency (CRA) page: Motor vehicle – Interest (TurboTax)

     

    Thank you for choosing TurboTax.