Used Cars Under $500 per Month for Sale in Toronto, Mississauga & Brampton

Annual interest rate of 7.99% for 84 months OAC

Are you looking to buy a used car but have a specific monthly payment amount in mind? If you are looking for cars under $500 per month in Toronto, you’ll find high-quality options when you come to the experts at Autorama. We have an extensive selection of cars for less than $500 a month that we know you will love.

Showing 29 of 29 results

Sort By

2021 Mazda CX-9

KURO | AWD | Nav | Red Leather | Sunroof | CarPlay

Special Financing Price: $31,450 + Taxes and Licensing Fees

Kilometers: 109,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2020 BMW 3 Series

330i | xDrive | M-Pkg | Nav | Leather | Sunroof

Special Financing Price: $30,950 + Taxes and Licensing Fees

Kilometers: 92,000 KM

Body Style: Sedan

Transmission: Automatic

Exterior Colour: Black

2021 Hyundai Santa Fe

PREFERRED | AWD | Trend-Pkg | Leather | Pano roof

Special Financing Price: $26,450 + Taxes and Licensing Fees

Kilometers: 82,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Black

2021 Acura TLX

TECH | SH-AWD | Nav | Leather | Sunroof | CarPlay

Special Financing Price: $29,450 + Taxes and Licensing Fees

Kilometers: 99,000 KM

Body Style: Sedan

Transmission: Automatic

Exterior Colour: Blue

2021 Ford Explorer

XLT | 4WD | Nav | Leather | Sunroof | CarPlay

Special Financing Price: $31,850 + Taxes and Licensing Fees

Kilometers: 107,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2020 Acura RDX

ELITE | AWD | Nav | Sunroof | Leather | CarPlay

Special Financing Price: $30,450 + Taxes and Licensing Fees

Kilometers: 126,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Black

2021 Mazda CX-5

KURO | AWD | Red Leather | Sunroof | BSM | CarPlay

Special Financing Price: $26,850 + Taxes and Licensing Fees

Kilometers: 107,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Gray

2020 Acura RDX

TECH | AWD | Nav | Sunroof | Leather | CarPlay

Special Financing Price: $29,450 + Taxes and Licensing Fees

Kilometers: 118,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Gray

2021 Audi Q3

PROGRESSIV | AWD | Nav | Leather | Panoroof | BSM

Special Financing Price: $26,950 + Taxes and Licensing Fees

Kilometers: 102,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Black

2020 Audi Q3

PROGRESSIV | S-Line | AWD | Leather | Sunroof

Special Financing Price: $26,950 + Taxes and Licensing Fees

Kilometers: 83,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2021 Audi A4

PROGRESIV | AWD | S-Line | Nav | Leather | Sunroof

Special Financing Price: $30,850 + Taxes and Licensing Fees

Kilometers: 97,000 KM

Body Style: Sedan

Transmission: Automatic

Exterior Colour: Black

2021 BMW 2-Series

xDrive | M-Pkg | Nav | Leather | Sunroof | CarPlay

Special Financing Price: $27,850 + Taxes and Licensing Fees

Kilometers: 107,000 KM

Body Style: Sedan

Transmission: Automatic

Exterior Colour: White

2020 Lexus UX

HYBRID | F-SPORT | AWD | Red Leather | Sunroof

Special Financing Price: $30,450 + Taxes and Licensing Fees

Kilometers: 107,000 KM

Body Style: Sedan

Transmission: Variable / CVT

Exterior Colour: White

2020 BMW 3 Series

330i | xDrive | Nav | Leather | Sunroof | CarPlay

Special Financing Price: $29,450 + Taxes and Licensing Fees

Kilometers: 97,000 KM

Body Style: Sedan

Transmission: Automatic

Exterior Colour: White

2021 Mercedes-Benz GLC-Class

4MATIC | Nav | Leather | Pano roof | BSM | CarPlay

Special Financing Price: $31,850 + Taxes and Licensing Fees

Kilometers: 99,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Black

2021 Mazda CX-5

GT TURBO | AWD | Nav | Leather | Sunroof | CarPlay

Special Financing Price: $27,850 + Taxes and Licensing Fees

Kilometers: 79,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Gray

2021 Mercedes-Benz GLA

4MATIC | Leather | Panoroof | ACC | BSM | CarPlay

Special Financing Price: $30,850 + Taxes and Licensing Fees

Kilometers: 93,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2021 BMW X3

xDrive30i | Nav | Leather | Pano roof | CarPlay

Special Financing Price: $29,450 + Taxes and Licensing Fees

Kilometers: 98,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2021 Lexus NX

AWD | Nav | Leather | Sunroof | ACC | CarPlay

Special Financing Price: $31,450 + Taxes and Licensing Fees

Kilometers: 117,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2021 Toyota RAV4

XLE | AWD | Sunroof | Leather | BSM | CarPlay

Special Financing Price: $29,850 + Taxes and Licensing Fees

Kilometers: 115,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Gray

2021 Volkswagen Atlas

CROSSPT | HIGHLINE | AWD | Nav | Sunroof | CarPlay

Special Financing Price: $29,850 + Taxes and Licensing Fees

Kilometers: 97,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: Black

2021 Honda CR-V

EX-L | AWD | Leather | Sunroof | ACC | CarPlay

Special Financing Price: $27,450 + Taxes and Licensing Fees

Kilometers: 124,000 KM

Body Style: SUV / Crossover

Engine: 4-cylinder

Transmission: Variable / CVT

Exterior Colour: Gray

2021 Toyota RAV4

XLE | AWD | Sunroof | Heated Seats | BSM | CarPlay

Special Financing Price: $30,850 + Taxes and Licensing Fees

Kilometers: 96,000 KM

Body Style: SUV / Crossover

Engine: 4-cylinder

Transmission: Automatic

Exterior Colour: White

2020 Lexus NX

AWD | Nav | Sunroof | ACC | Heated Seats | CarPlay

Special Financing Price: $30,850 + Taxes and Licensing Fees

Kilometers: 96,000 KM

Body Style: SUV / Crossover

Engine: 4-cylinder

Transmission: Automatic

Exterior Colour: Silver

2021 Toyota RAV4

XLE | AWD | Sunroof | Heated Seats | BSM | CarPlay

Special Financing Price: $30,450 + Taxes and Licensing Fees

Kilometers: 86,000 KM

Body Style: SUV / Crossover

Engine: 4-cylinder

Transmission: Automatic

Exterior Colour: Red

2021 Audi Q5

PROGRESIV | S-Line | AWD | Nav | Leather | Sunroof

Special Financing Price: $30,950 + Taxes and Licensing Fees

Kilometers: 89,000 KM

Body Style: SUV / Crossover

Engine: 4-cylinder

Transmission: Automatic

Exterior Colour: White

2020 Lexus UX

HYBRID | AWD | Leather | Sunroof | Cooled Seats

Special Financing Price: $30,450 + Taxes and Licensing Fees

Kilometers: 75,000 KM

Body Style: Sedan

Transmission: Variable / CVT

Exterior Colour: White

2020 Volkswagen Atlas

EXECLINE | AWD | Nav | Pano roof | Digital Dash

Special Financing Price: $29,450 + Taxes and Licensing Fees

Kilometers: 109,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

2021 Kia Sorento

LX+ | AWD | 7Pas | LaneDep | HeatedSeats | CarPlay

Special Financing Price: $27,450 + Taxes and Licensing Fees

Kilometers: 84,000 KM

Body Style: SUV / Crossover

Transmission: Automatic

Exterior Colour: White

Financing Cars for $500 a Month

Do you need a car, minivan, or SUV for $500 a month? At Autorama, we make it easier to find a car you love that works for both your budget and lifestyle. Contact us today to learn more about how we can offer you zero down, three months of no payments, same-day approval, and same-day delivery on cars under $500 per month. Apply for used car financing today and let us help you gain access to car payments less than $500 a month.

 

Questions About Financing a Car?

At Autorama, we help drivers in Toronto, Mississauga, and Brampton get behind the wheel of quality used cars with payments under $500/month. Whether you’re rebuilding credit, buying your first vehicle, or simply working within a budget, we offer flexible financing with competitive rates and terms.
 
 

Google logo

What Our Clients Say

Based on Google Reviews


View on Google Maps

Shiroman Deen Anton · 2 months ago

★★★★★

I recently purchased my first car, and I couldn’t have asked for a better experience thanks to Alan Farahmand. He was incredibly knowledgeable, patient, and friendly, answering all my questions with expert advice. The whole process was smooth, simple, and quick!

Shruthiga Kugathas · 3 weeks ago

★★★★★

We recently purchased a car from AutoRama, and our experience was excellent thanks to Inder Singh. He was patient, professional, and explained everything clearly. He even coordinated our insurance, making the whole process stress-free. We highly recommend him! 😊🙌🏽

James Valledor · 1 month ago

★★★★★

I recently purchased a vehicle from AUTORAMA, and I couldn’t be happier. Inder Singh was friendly, knowledgeable, and never pushy. He helped me find the perfect car within my budget. Highly recommended for a smooth car-buying experience!

Browse by Body Type

SUVs
Vans
Fuel Efficient SUVs
7+ Seater Vehicles

Buy Used Cars By Price

Under $10K
Under $15K
Under $20K
Under $25K
Under $30K

Buy Used Cars By Payment

Under $300/mo
Under $400/mo
Under $500/mo
Under $600/mo

Do You Offer Bad Credit Financing?

When you have poor credit, getting car finance under $500 per month can make owning a vehicle more manageable. At Autorama, we are committed to helping you drive a car you love even when you have bad credit. We have financing solutions for buyers with no credit or poor credit history, including students and new Canadians. See our post, Financing a Car with Little or No Credit, for more information.

 

Can I Purchase an Extended Warranty for a Used Vehicle?

Reliability is often a concern for those buying a used car for the first time. At Autorama, we are proud to bring you high-quality used cars at excellent prices that make buying a used car a simple choice. For added peace of mind, you may also want to consider our extended warranty options for used vehicles.

Can I Trade in My Current Vehicle?

If you are looking for cars under $500 a month, trading in your current vehicle can help make your purchase easier. At Autorama, we look forward to learning more about your current vehicle and accept trade-ins. Contact a member of our team today to learn more about what your vehicle could be worth.