Dealer financing is convenient, but it is not always the best deal. We help you secure pre-approval from banks and credit unions before you visit the lot—giving you negotiating power and transparency on APR, term length, and total interest paid.
New vs. used vehicle financing
New car loans typically offer lower APRs (often 4–7% for qualified buyers) and terms up to 72–84 months. Used car loans carry slightly higher rates and shorter maximum terms. We caution against extending terms beyond the vehicle's useful life to keep payments artificially low.
Key considerations
- Loan-to-value ratio and down payment impact on rates
- Gap insurance for new vehicles with minimal down payment
- Refinancing existing auto loans when rates drop or credit improves
- Lease vs. buy analysis for business and personal use
Typical terms
Amounts: $5,000 – $100,000+. Terms: 24 – 84 months. Funding: often same-day to one week. Credit scores from 600+ commonly qualify, with best rates above 700.
Request Consultation