Financhaser prepares compare list for auto loans and shares the best monthly pick with you. In the compare list, there are lenders that offer for people having various credit scores.

Compare Best Auto Loans of August 2020

1 - MyAutoloan

Best of August

2.05% to 24.90%

APRs

+575

Minimum Credit Score

$8,000 to $99,000

Loan Amounts

36 to 84 months

Loan Terms

2 - LightStream Auto Loan

3.4% to 10.84%

APRs

+660

Minimum Credit Score

$5,000 to $100,000

Loan Amounts

24 to 84 months

Loan Terms

3 - Bank of America Auto Loan

2.69% to 5.79%

APRs

N/A

Minimum Credit Score

$7,500 to $100,000

Loan Amounts

12 to 72 months

Loan Terms

4 - Consumer Credit Union Auto Loan

2.69% to 4.44%

APRs

+640

Minimum Credit Score

$250 to $500,000

Loan Amounts

0 to 84 months

Loan Terms

5 - Capital One Auto Loan

2.99% to 24.99%

APRs

+500

Minimum Credit Score

$7,500 to $50,000

Loan Amounts

24 to 84 months

Loan Terms

6 - Oportun Auto Loan

N/A

APRs

+500

Minimum Credit Score

$5,000 to $35,000

Loan Amounts

Personalized Terms

Loan Terms

7 - Carvana Auto Loan

3.90 - 27.90%

APRs

+575

Minimum Credit Score

$1,000 to $85,000

Loan Amounts

36 to 72 months

Loan Terms

8 - OpenRoad Lending Auto Loan

2.90% to 24.90%

APRs

+500

Minimum Credit Score

$7,500 to $100,000

Loan Amounts

24 to 72 months

Loan Terms

9 - CarFinance.com Auto Loan

N/A

APRs

N/A

Minimum Credit Score

$5,000 to $100,000

Loan Amounts

36 to 84 months

Loan Terms

10 - Autopay Auto Loan

1.99% to 17.99%

APRs

+600

Minimum Credit Score

$2,500 to $100,000

Loan Amounts

24 to 84 months

Loan Terms

Needs to know before taking out an auto loan

An auto loan is a personal loan used to buy a vehicle. Borrower (person who wants to have a car) borrows from a lender to purchase a car. Then the lender is paid back the amount of the loan and interest amount based on the designated auto loan interest rates.

With lowest interest rate auto loan gives you an advantage and earns you money over the life of your loan. If you have a auto loan, your monthly payment can be lower and you save money by refinancing auto loan.

Needs to know before taking out a auto loan

A car loan is a personal loan used to buy a vehicle. Borrower (person who wants to have a car) borrows from...