Capital One Auto Refinance Review

Capital One Auto Refinance is an auto loan refinance offering by Capital One, a bank based in McLean, VA. Founded in 1988, Capital One offers auto refinance loans in 48 states (and Washington, DC).

How much can you borrow via Capital One Auto Refinance?

Auto refinance loan amounts start at $7,500 and go up to $50,000.

What are the auto loan refinancing rates offered through Capital One Auto Refinance?

Capital One Auto Refinance offers a fixed APR auto loan refinancing product that ranges from 4.1% APR up to 24.99% APR.

Does Capital One Auto Refinance charge an origination fee on auto refinance loans?

No, Capital One Auto Refinance does not charge a loan origination fee for refinancing an auto loan.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount.

Does Capital One Auto Refinance charge a late fee?

Yes, auto refinance loans via Capital One Auto Refinance are subject to late payment penalty fees.

Does Capital One Auto Refinance charge prepayment fees?

No, there is no prepayment penalty.

What are the key eligibility criteria for Capital One Auto Refinance auto loan refinancing?

Applicants with a credit score of at least 540 can apply for a loan via Capital One Auto Refinance. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

To qualify, applicants may need to provide the following documentation:

• Driver's license
• Proof of income

What is the maximum car age to refinance with Capital One?

Only vehicles that are 7 years old or less can qualify for an auto refinance.