Last Updated: 04/18/2025
SuperMoney User Recommendation Score -75
Strongly not recommended16 total votes
Cast Your Vote
Get Competing Auto Loan Offers
Compare auto loan offers from multiple vetted lenders.
Discover your lowest eligible rate in minutes.
See how much you qualify for and what your monthly payment will be.
Get Personalized Rates
It's quick, easy, and won't hurt your credit score.
Highlights
Community Rating
Strongly not recommended
Amount Range
N/A
APR (Fixed APR)
3.88% - 19.51%(Verified 06/21/2024)
Disclaimer popup with additional information
Credit Score Range
650 - 850
Disclaimer popup with additional information
Loan Term (Months)
Up to 72
Number of Reviews
Wells Fargo Auto Loans Review
Wells Fargo Auto Loans is offered by Wells Fargo Bank, a bank founded in 1852 and based in San Francisco, CA. Wells Fargo auto refinance are available in 50 states and Washington, DC.
Wells Fargo auto refinance FAQ
What APR does Wells Fargo auto refinance offer on its car loans?
Wells Fargo auto refinance offers a fixed apr car loan product that ranges from 3.88% APR up to 19.51% 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 Wells Fargo auto refinance?
Wells Fargo auto refinance has car loans with a maximum term of 72 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.
Does Wells Fargo auto refinance charge an origination fee?
Yes, Wells Fargo auto refinance may charge a loan origination fee .
Does Wells Fargo auto refinance charge a late fee?
Yes, Wells Fargo auto refinance charges borrowers with a late payment penatly fee
Does Wells Fargo auto refinance charge prepayment fees?
Yes, Wells Fargo auto refinance does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my Wells Fargo auto refinance loan?
Yes, you can. However, Wells Fargo auto refinance charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.
What do you need to qualify for Wells Fargo Auto Loans?
Applicants with a credit score of at least 650 and up to 850 may be eligible for Wells Fargo Auto Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher. Wells Fargo Auto Loans does not have or does not disclose a minimum annual income eligibility requirement.
To qualify, applicants may need to provide the following documentation:
- Recent pay stubs
- Proof of income
- Driver's license or other government photo ID
- Proof of citizenship or residence permit
What is the estimated funding time for a car loan via Wells Fargo auto refinance?
Wells Fargo auto refinance will typically fund the car loan within 7 business days of approval.Does Wells Fargo Bank perform a hard credit pull?
Yes, Wells Fargo auto refinance performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Is Wells Fargo Bank a legit company?
Wells Fargo Bank was founded in 1852, it is a well-established company that has been in business for 174 years. Wells Fargo Auto Loans is strongly not recommended by SuperMoney community users.
Wells Fargo Auto Loans Disclosure: "Customers who qualified for our lowest APRs have an excellent credit history and a loan amount that’s greater than $22,000 and less than 85% of the car’s value. The APR includes a relationship discount of 0.25%."
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Wells Fargo auto refinance
Message from our editor
What we love about Wells Fargo Auto Loans
Wells Fargo offers flexible auto loans, giving you the option to buy a new or used car from a dealer or in a private transaction. This lack of restrictions makes it very easy for you to shop around to find the best deal on a car. Keep in mind that if you make a private transaction, you have to finalize the loan in-branch.
The bank’s loans are also flexible. You can choose a term up to 72 months and may not need to provide any down payment to secure the loan. Wells Fargo banking customers can also enjoy an interest rate discount that will save them money over the life of their loan.
What could Wells Fargo Auto Loans do better?
Wells Fargo has had some controversy in the past, including a situation where many people had accounts opened without their consent. This has given the company a reputation for poor customer service and left some consumers wary about dealing with the company.
The auto loans themselves are relatively good, giving borrowers lots of options to customize their loans, but these past controversies are something that Wells Fargo has to work to overcome.
Wells Fargo Auto Loans’s backstory
Wells Fargo is an American financial services company that operates globally. It is headquartered in Manhattan and is one of the largest banks in the world. It offers many financial services to its customers including banking, investing, wealth management, and lending.
The Verdict
Wells Fargo’s auto loans are easy to apply for and can be used to purchase almost any type of vehicle. If you’re a Wells Fargo customer already, you can get some perks like an interest rate discount but even people who don’t already bank with Wells Fargo could get a good deal from the bank.
Contact
Headquarters
Hours of Operation
Sunday
All Day
Monday
All Day
Tuesday
All Day
Wednesday
All Day
Thursday
All Day
Friday
All Day
Saturday
All Day