BlueHarbor works with a national network of lenders to help customers obtain auto loans with competitive rates. In addition to issuing quotes, BlueHarbor actually staffs loan consultants who work with customers in a step-by-step way to help them decide on a solution and complete the financing process. BlueHarbor has an A+ rating from the BBB and is a brand of Ally Financial, Inc., which is a digital financial services company that has over $156 billion in assets.
How Do BlueHarbor’s Auto Loans Work?
BlueHarbor’s network of lenders offers loans for new and used car purchases, lease buyouts and refinancing existing loans. Based on the information you provide, BlueHarbor matches your loan request with one or more lenders and then helps you choose the loan that best meets your personal needs.
What Are the Interest Rates for BlueHarbor’s Auto Loans?
With BlueHarbor, you can get loan offers with rates as low as 2.49% APR. However, your rate could be higher based on a number of factors including your credit history, the loan amount you're requesting and your ideal loan term.
How Much Money Can I Borrow for BlueHarbor Auto Loans?
BlueHarbor does not state minimum and maximum loan amounts, but the online application requires that your inputted loan amount be at least $1,000 and no more than a seven-digit figure.
What Is BlueHarbor’s Application Process Like?
With BlueHarbor, you can submit a loan request online or, if you prefer to speak with a representative, you can contact the company by phone. When applying for a loan, you’ll be required to provide information about your car and income. When applying to refinance, you’ll also need to submit details about your existing loan. After your application is reviewed, you’ll get a quote from one or more lenders and a BlueHarbor team member will reach out to help you complete the financing process.
How Are BlueHarbor’s Auto Loans Better than Other Auto Loans?
- BlueHarbor works with a network of lenders to see what options are available to you.
- Interest rates start at 2.49% APR.
- Customers who refinance using BlueHarbor’s matching services save an average of $101 per month.
- The company has an A+ rating from the BBB.