Best Auto Credit Deals

10 Best Auto Credit Deals Available in 2024 – Best Auto Loans

With the best auto credit deal, you can save thousands of dollars over the course of your loan. But with a lot of auto loan providers out there, finding the right Auto credit deal can be a challenge. We at the Genuizmedia team have put together a well-researched listicle on the 10 best auto credit deals. This is a comprehensive review of their interest rates and loan guide.


1. PenFed Credit Union

PenFed Credit Union

This is an auto credit lender that is based in the USA that offers a starting APR of 0.99% for new vehicles, and 1.99% for vehicles that are used. These loan amounts fall within the range of $500 to $100,000  and can span from 36 to 84 months.

To be eligible for a PenFed Credit union auto credit deal, you need to have a minimum credit score of 610. In addition, you also need to be a member of the military or a family member of a person in the military. Other than family ties, another way to join the PenFed is by making a donation to an approved charity.

2. Auto Approve

Auto Approve car credit deals

If you are looking for the best refinance auto loan lender, then Auto Approve is the go-to company. The loan amounts of Auto Approve range from $5,000 to $85,000, with loan terms that span from 12 to 84 months. Auto Approve’s auto credit lending service is available in all the states in the United States of America.

This is one of the easiest auto credit deals that you can lay your hands on because of the low credit score. To be eligible for this deal, you need a minimum credit score of 580. Also worth noting is that their APR starts at 2.25%.

3. myAutolan

myAutoloan is an online platform that gives car borrowers the opportunity to look for the best rates from a number of lenders. On the myAutoloan platform, you can enter personal information into their form and get offers from lenders almost immediately. This feature will allow you to compare offers side-by-side.

It is important to note that the starting APR for new vehicles in myAutoloan is 2.14%. While the APR for used vehicles is 2.39%. The minimum loan amount that this auto credit platform offers is $8,000. The most interesting perk of this platform is that you do not need a high credit score in order to get an approved loan from them. With a minimum credit score of 575, you can access an auto credit deal from myAutoloan.

4. Consumers Credit Union

Consumers Credit Union
This is an auto credit platform that offers very flexible loan terms. They are a credit union that is based in Illinois, USA, and is open for national membership. With the auto credit offers from this credit union, you are set for a wide range of terms and loan amounts.


It is important to note that the starting APR of the consumer’s credit union is 2.24% for members. If you qualify for this loan offer, you will be eligible to get any amount ranging from $250 to $100,000. Also worth noting is the that loan term of the consumer credit union lengths up to 84 months. If your vehicle was made in 2019 or later, then this auto credit deal from a consumer credit union is not for you. To be able to join this association and access its benefits, you need to register.

Registration costs just a $5 non-refundable fee, a valid means of identification such as social security number or your tax identification number.

5. Bank Of America

Bank Of America auto credit deals
This auto credit deal is best for borrowers that have bad credit. If you have a minimum credit score of 580, you can apply for the Bank of America auto credit deal. Their starting APR is 2.29% for new cars, and 2.49% for used cars. Their minimum loan amount is $7500 and the term spans from 12 to 75 months.

The Bank of America is one of the biggest banks in the world that is why they can afford a wide range of vehicle loan services. If you are a Bank of America customer, this is an interesting deal as they offer discounts on their auto credit deals.

6. Carvana

Carvana auto credit
Carvana is a company that offers the most seamless all-in-one process auto credit deal. Their starting APR is 3.9%, and the amounts that they can loan range from $1000 to $85,000. The repayments terms are from 0 to 72 months. The best perk of this auto credit offer is that you don’t need a credit score to access their offer. Their application procedure is very simple plus they offer a bonus if you refer an auto loanee.

7. Oportun

With an auto credit deal from Oportun, your bad credit score cannot stop you from getting the car you need. Although they do not offer lower rates than persons with a high credit score. Oportun is an online car lender that can help you get a car loan from an auto dealer or a private party.

One major downside of the loan deal is that their APR is capped at 35.99%. After a successful application of Oportun auto credit, the funds can be available within 24 hours.

8. Capital One

Capital One auto credit
This finance company gives car shoppers the opportunity to work with a secure car lender. To get an auto credit deal from capital one, you need to prequalify with a soft credit check. The minimum loan amount that can be obtained from capital as an auto credit is $4000.

9. OpenRoad Lending

OpenRoad Lending auto credit deals
With the OpenRoad Lending platform, their minimum loan amount is $7500. And is best for loanees that need a car refinancing option. With the OpenRoad Lending auto credit deal, you are set to save an average of $100 per month.
You can apply for their auto credit online. One interesting perk of OpenRoad Lending is that they do not charge any application fees.

10. LendingTree

Coming last on our list of Best Auto Credit Deals is Lendintree. The APR range of an auto credit offer from LendingTree is as low as 0.99%. This auto credit platform makes it easy for a potential customer to compare different rates of lenders. They offer lease-buyout, refinance, new and used options for auto credit.


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