“As low as” annual percentage rates (APR) are available for auto loans with a term of 60 months or less, loan amount of $35,000 or more, and an applicant with a credit score of 800 or higher. Loan payment and APR will vary based on the term, loan amount, vehicle age, credit history, and applicable fees.
Dealer purchase loan payment example: for a $35,000 automobile loan on a 1-year-old or newer vehicle over a 60-month term, monthly payments would be $664.35 at an annual percentage rate (APR) of 5.24%. (Fees charged in OH, IN and WV will increase the APR displayed above.)
Auto loan refinancing is available in the following states: Arizona, Arkansas, California, Colorado, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin, Wyoming.
Rates as low as 5.79% annual percentage rate (APR) are available for auto loans with a 36-month or less term; for $30,000 or greater; an LTV of 80% or less; a vehicle age of 12 months or less; and an applicant with a credit score of 800 or higher. Rates may be higher for loans to purchase a vehicle from a private party, smaller loan amounts, longer terms, lien-free auto equity, vehicles older than 6 model years, a lower credit score, and other qualifiers. In order to receive the lowest rate advertised, a setup of automatic payments from a U.S. Bank personal checking or savings account is required, but neither is required for loan approval. The Consumer Pricing Information brochure lists fees, terms, and conditions that apply to U.S. Bank personal checking and savings accounts. This brochure can be obtained by visiting a U.S. Bank branch or calling 800-872-2657. Loan fees apply. Loan payment and APR will vary based on the loan amount, the term, and any fees. Loan payment example: for a $30,000 automobile loan over a 36-month term, monthly payments would be $909.81 at an APR of 5.79%. A prepayment penalty of 1% of the original loan amount applies if the account is closed within 1 year, with a $50 minimum and $100 maximum. There may be a title registration fee which is determined by your state of residence. Offer is subject to credit qualifications. Rates are subject to change. Some additional restrictions may apply. Installment loans are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.
Offers are subject to credit qualifications. Rates are subject to change. Some additional restrictions may apply. Installment loans are offered through U.S. Bank National Association.
U.S. Bank assists its customers with automobile financing by working with auto dealerships across the nation. The U.S. Bank auto financing pre-approval is only valid at a dealership with which U.S. Bank works. U.S. Bank is not affiliated with these dealerships and U.S. Bank makes no representations or warranties regarding the dealerships, their vehicles, related products, or services. All vehicle and related product information included on this site is provided by the dealer and the dealership is solely responsible for the content, and representations about the vehicle, including pricing, its products, services, and promotional statements about itself or its vehicles. U.S. Bank does not endorse third-party products, services, or other vehicle content. Any questions about the vehicle, vehicle pricing, and related products or financing structure should be directed to the dealership. The dealership will work with you to finalize the vehicle financing terms.
The dealership may request your permission to obtain information from one or more credit reporting agencies. The dealership will ask to see your photo identification (driver’s license) and/or other identifying documents. U.S. Bank reserves the right to withdraw approval if your identity cannot be verified or if there have been changes in your credit status as of the date of sale.