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Get Low Rates and Good Service Online

Capital One funds more online vehicle loans than any other lender. With its low rates, liberal approval policies, and excellent customer service, it's easy to see why.

This page:

Describes how the Capital One application process works

Lists a few of the restrictions that apply to online financing

Helps you apply for the lowest rates, within minutes


Get the lowest auto loan rates:

Capital One Auto Finance offers the lowest auto loan rates in the country, for people with all types of credit ratings.

Apply with Capital One whether you are buying a new or used car, or even if you are buying from an individual. Whatever your choice, you will save thousands.

Auto loans
Click here for your quote


If you have poor or no credit, click here to apply for special financing.


How the service works

Capital One is both a large credit card provides, and a the largest auto lender on the Internet.

Their low overhead and consumer-friendly practices result in some of the lowest rate vehicle loans available nationally. The application process is simple and flexible, and you get a fast answer within a day or two (within hours on business days), and a Blank Check® too.

Capital One funds new and used car loans, whether you choose to buy from a dealer or an independent third party.

Approval is fast, (within 15 minutes), and you can have your "blank check" mailed to you overnight or through standard mail delivery (it works just like cash!)

Once you're approved, your rate is locked automatically for 45 days, so you can take your time and shop for your vehicle with confidence of knowing that your loan terms won't suddenly change if you take too long to look. And for an even lower rate on, choose the, automated payment option, which grants you a break on interest in exchange for foregoing a paper mail-in payment system, instead of which your monthly payment is detracted from your checking account monthly.

Yes, some restrictions apply

While Capital One does offer a greater range of loan packages than most online lenders, some restrictions do apply.

Capital One-funded loans must be for between $7,500 and $75,000. In addition, buyers seeking person-to-person auto loans need a fairly good credit profile.

(Got a less-than-stellar credit past? Read our guide to bad credit auto loans before you apply for some tips.)

The online application is simple, and the site provides you with several calculators to assist in the process os selecting the terms and various loan options. However, there are a few things to consider ahead of time:

Most importantly, make sure to choose a principal that is at least a little over what you expect to pay. You won't be obligated to spend up to your limit, and you'll leave yourself some flexibility.

Also, even though you'll be asked to choose a loan term when you apply, it's not set in stone. You can adjust it later on (and none of Capital One's loans have pre-payment penalties).

Go ahead and see for yourself - apply now. (Note: Capital One does not offer auto loans in New Hampshire or North Dakota. Try Eloan if you live in one of these states.)


Want to know a little more before you apply? For guidance on choosing a smart loan term or healthy monthly payment amount, read our guide to designing your loan. Or crunch some numbers with our calculator.