Fill out one simple form and receive up to five financing options.
Lenders compete to offer you the most competitive rates.
Initial rate checks won’t affect your credit.
Explore your financing options with total confidence and zero pressure.
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How LendingTree’s Auto Loan Marketplace Works+
LendingTree doesn’t offer loans directly. Instead, it acts as a smart comparison platform where you can easily access multiple auto loan offers in one place. Just provide a few details about your car financing needs — whether you’re buying or refinancing — and LendingTree will connect you with lenders that best match your profile. It’s fast, secure, and designed to help you find the most competitive rates without the hassle.
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Can LendingTree Help Me Finance a New or Used Car?+
Absolutely. Whether you’re looking to buy a new vehicle or a dependable used one from a dealership, LendingTree makes it easier to explore your financing options. By comparing multiple loan offers on their platform, you can better understand potential loan amounts, interest rates (APRs), and terms — all before you commit to a specific car.
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Can I Refinance My Current Auto Loan with LendingTree?+
Yes — if you already have an auto loan, LendingTree can help you explore refinancing options through its network of trusted lenders. Refinancing could lower your monthly payments, reduce your interest rate, or adjust your loan term. Just fill out a quick online form, and you’ll receive personalized offers from lenders who specialize in auto loan refinancing.
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How Should I Compare the Loan Offers from LendingTree?+
When you get loan offers through LendingTree, don’t just focus on the monthly payment. It’s important to look at the full picture — including interest rates, loan terms, and total repayment costs. LendingTree gives you helpful tools and resources to break down each offer so you can confidently choose the one that best fits your budget and long-term financial goals.
Buying a car is a big decision, and finding the best financing shouldn’t be a hassle. LendingTree simplifies this process by letting you compare multiple offers through a single form. Whether you’re shopping for a new or used car, refinancing your current vehicle, or even buying from a private seller, the platform helps you find competitive rates quickly and confidently.
Why Choose LendingTree for Auto Financing?
- Multiple Offers Instantly: Get prequalified with up to five lenders tailored to your profile.
- Soft Pull Only: Checking rates won’t impact your credit score.
- Wide Lender Network: Includes traditional banks, credit unions, and top-rated online lenders.
- Loan Types: New purchases, used cars, lease buyouts, refinancing, and private-party transactions.
- Free and Fast: No fees, and most results appear within minutes.
- Works for All Credit Types: Borrowers with fair or rebuilding credit may still qualify.
- Supports ITIN Applicants: Some lenders in the network allow financing without a Social Security Number, using consistent banking history.
LendingTree is a true marketplace. Rather than applying to lenders one by one — each possibly running a hard credit inquiry — you submit one application and receive multiple competitive offers. This saves time and helps you avoid unnecessary credit dings. It’s ideal for self-employed individuals, first-time buyers, and even those with scores starting at 580.
Types of Loans Offered
- New & Used Auto Loans: For vehicles from dealerships or private sellers. Choose fixed-rate options and terms from 36 to 72 months.
- Refinancing: Reduce your APR or extend your term to lower your monthly payment.
- Private Party Loans: Buy from individuals without needing to front full cash.
- Lease Buyout Loans: Take ownership of your leased vehicle before or at the end of the term.
Realistic Example 1: Used Car Financing
- Vehicle Price: $18,000
- Down Payment: $3,000 (16.6%)
- Loan Amount: $15,000
- APR: 6.49% (for good credit)
- Term: 60 months
- Estimated Monthly Payment: ~$294
Even a 1% change in APR could increase or reduce your total loan cost by $400–$600 over the term — making comparison essential.
Realistic Example 2: Refinancing
- Current Loan: $12,500 at 10.99% APR, 48 months remaining
- New Offer: 6.25% APR, same term
- Old Monthly Payment: ~$324
- New Monthly Payment: ~$295
- Total Savings: ~$1,400 over 4 years
LendingTree vs Other Platforms
| Feature | LendingTree | Capital One | Carvana |
|---|---|---|---|
| Offers Compared | Up to 5 | 1 | 1 |
| Credit Impact | Soft Pull | Soft Pull | Hard Pull |
| Private Seller Loans | Yes | Yes | No |
| Loan Marketplace | Yes | No | No |
| Approval Time | Minutes | 1–3 Days | 1–2 Days |
With LendingTree, you maintain control of the process. You choose the best loan based on real-time APRs, repayment terms, and lender ratings — not guesswork. Unlike going directly to a single bank, LendingTree lets lenders compete for your business.
Curious how to qualify faster and improve your chances of approval? Head to Page 2 for insider tips, real approval examples, and strategies for all credit profiles.
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