
Capital One Auto Finance
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Community Rating | Mostly not recommended |
Credit Score Range | 550 - 850 |
Loan Amount | $4,000 - $40,000 |
APR (Fixed APR) | Starting at 3.99% |
Loan Term (Months) | 36 - 72 months |
Number of Reviews | 41 |
Capital One Auto Finance Review
Capital One Auto Finance is offered by Capital One, a bank founded in 1933 and based in McLean, VA. Capital One Auto Finance is available in 50 states (and Washington, DC).
How much can you borrow via Capital One Auto?
Capital One Auto loan amounts start at $4,000 and go up to $40,000.
What APR does Capital One Auto offer on its car loans?
Capital One Auto offers a fixed apr car loan product that ranges from 3.99% APR.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum auto loan term you can get with Capital One Auto?
Capital One Auto has car loans with terms ranging from 36 to 72 months. Having the option of longer terms -- terms can range up to 144 months -- allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does Capital One Auto charge an origination fee?
Yes, Capital One Auto may charge a loan origination fee.
Does Capital One Auto charge a late fee?
Yes, Capital One Auto charges borrowers with a late payment penatly fee
Does Capital One Auto charge prepayment fees?
No, Capital One Auto will not charge you a fee for paying your loan early. Whenever possible choose lenders like Capital One Auto that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my Capital One Auto loan?
Yes, you can. Capital One Auto does not charge a prepayment fee, so you can save money by paying your car loan early.
What do you need to qualify for Capital One Auto Finance?
Applicants with a credit score of at least 550 and up to 850 may be eligible for Capital One Auto Finance. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for auto loans with Capital One Auto Finance, applicants need a minimum annual income of $18,000 or higher. Capital One Auto Finance only considers borrowers who are employed and meet the minimum income requirement. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members are eligible to apply for a loan via Capital One Auto Finance. Their rates fall within the limits of The Military Lending Act.
Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for a car loan via Capital One Auto?
Capital One Auto will typically approve (or deny) a car loan application within 1 hour and fund the car loan within 7 business days of approval.Message From Capital One
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Contact
- Headquarters
-
1680 Capital One Drive
McLean, VA 22102 - Visit Site
- Email Support
Other Services by Capital One
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Capital One Auto Finance Community Reviews
Would you recommend Capital One Auto Finance to your friends?
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