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Capitalone

Capital One

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Pros
  • Easy prequalification process
  • Competitive interest rates
  • Personalized financing options
  • No application fee
Cons
  • Limited to approved dealerships
  • Not available in all states
  • Excludes certain vehicle types, ages, and brands
Summary

Capital One, founded in 1994, is a major player in the auto loan industry, offering competitive financing options, flexible terms, and easy online application processes for new and used vehicles. They serve millions of customers across the United States and provide auto loans for new and used cars, as well as refinancing options. Through their Auto Navigator tool, customers can pre-qualify for financing without affecting their credit score and explore various loan options. Loan amounts start at $4,000, with terms spanning from 24 to 84 months. Additionally, they offer educational resources to guide customers through the loan process. Capital One has a mixed reputation in the industry but receives an A+ rating with the BBB. They recently settled a $16 million class-action lawsuit over improperly charged proxy fees. This doesn't involve their auto loan services. They receive mixed reviews, so consider all your options before using their services.

Quick Stats
  • Loan Terms : Range between 24 and 84 months
  • Minimum Accepted Credit Score : Undisclosed
  • APR : Undisclosed (may be as low as 6.49%)
  • BBB Rating : A+
Selling Points
  • Wide range of loan terms
  • Integrated online and mobile tools
  • Accessible for lower-income borrowers
Multiple Financing Options
  • Lease Buyout
  • Loan Refinancing
  • New Vehicle
  • Private Party
  • Used Vehicle
Additional Services
  • Extended Warranty
  • GAP Insurance
  • Limited Warranty
  • Mobile Application
  • Online Account Management
  • Return Policy
Eligibility Requirements
  • Hard Credit Check
  • Income
  • Minimum Credit Score
  • Pre-qualification With Soft Check
Fees & Costs
  • Documentation/Processing Fee
  • Late Payment Fees
  • Origination Fee
  • Prepayment Penalties
  • Title Transfer Fee
  • Upfront or Application Fees
Payment Options
  • Automatic Payments
  • Undisclosed
    Cash
  • Check
  • Debit or Credit Cards
  • Undisclosed
    In-Person Payments
  • Mail-In Payments
  • Online Payments
  • Phone Payments
Customer Support
  • Articles and Videos
  • Email
  • FAQs
  • Help Guides
  • Live Chat
  • Phone
FAQs
Will an auto loan prequalification with Capital One hurt my credit score?
Is there a minimum credit score requirement for a Capital One auto loan?
How can I manage my Capital One auto loan online?
How do I make online payments for my Capital One auto loan?
Can I make extra payments towards my Capital One auto loan?
What documents do I need to apply for a Capital One auto loan?
What are the interest rates for Capital One auto loans?