The accident took place near Bovaird and Gillingham drives at around 8:45 pm.
According to police, a 1998 Trans Am being driven by a 49-year-old Brampton man crossed a median and collided with a Kia Soul being driven by a 24-year-old Georgetown man and carrying two Brampton sisters, aged 16 and 22.
Although it’s not clear as to why the collision really took place, police however believes, over-speeding may be the cause.
The posted speed limit in the area is 70 kilometres per hour.
The car burst into flames immediately following the collision.
Bystanders account they could not even reach out to the people inside as they were engulfed in flames.
Bovaird Drive is currently closed between Hurontario Street and Van Kirk Drive.
The Peel Police Major Collision Bureau is handling the investigation.
(Reporting by Debarati Mukherjee)