Yes, Chase offers auto loans, but only through its dealer network, not directly to consumers
Chase does not let you walk into a branch or visit their website to borrow money for a car the way you can for a personal loan or mortgage. Instead, Chase funds auto loans through Chase Auto Finance, a program that works exclusively with car dealerships. When you buy a car at a participating dealer, the dealer arranges the financing through Chase on your behalf.
This matters because it changes how you shop. You cannot compare Chase's rates online before you visit a dealership, and you cannot pre-may have access to to see what terms you might get. The dealer is the middleman, and the dealer decides whether to offer you Chase financing or another lender's product.
Key Takeaways
- Chase auto loans are available only through car dealerships that partner with Chase Auto Finance, not through Chase branches or their website.
- You cannot pre-may have access to for a Chase auto loan or lock in a rate before you visit a dealership.
- The dealership presents Chase financing as one option among others, and the dealer's markup on the interest rate is not transparent to you.
- If you want to compare Chase's terms against other lenders, you will need to get pre-approved elsewhere first and bring that offer to the dealership.
- Chase auto loans cover new and used vehicles, but the specific terms depend on the dealership, the vehicle, and your credit profile.
How Chase auto loans work through dealerships
When you are at a dealership and the sales team moves to financing, they run your credit and present you with loan offers. One of those offers may come from Chase Auto Finance. The dealership has a relationship with Chase and can submit your process directly. If Chase approves you, the dealership tells you the interest rate and term they are offering.
The rate you see is not Chase's base rate — it includes a markup that the dealership adds. This is how dealerships make money on financing. You will not know what Chase's actual rate was or how much the dealer added on top. This is standard practice across the industry, but it means the rate you receive depends partly on the dealership's negotiating power with Chase and partly on how much profit the dealership wants to make on the deal.
Chase funds the loan, and you make payments to Chase (or to a servicer that Chase contracts with). The dealership's role ends once the paperwork is signed.
What vehicles and loan terms Chase covers
Chase Auto Finance covers both new and used vehicles. The specific loan terms — how much you can borrow, how long you can take to repay it, and what interest rate you receive — depend on several factors: your credit score, your income, the vehicle's age and condition, and how much you are putting down as a down payment.
Chase typically finances vehicles that are no more than 10 years old, though this can vary by dealership and by your credit profile. If you are buying a newer vehicle or have a strong credit history, you may have more flexibility. The dealership will know Chase's current guidelines and can tell you whether a particular vehicle qualifies.
Loan terms usually range from 24 to 84 months, but again, what you are offered depends on your situation. A buyer with excellent credit and a large down payment might may have access to for a shorter term at a lower rate, while someone with fair credit and a smaller down payment might see a longer term and higher rate.
How to learn about a dealership works with Chase
Not every dealership partners with Chase Auto Finance. Some dealerships work with multiple lenders (Chase, Ford Credit, Toyota Financial Services, and others), while some work with only one or two. When you are shopping for a car, you can ask the dealership directly whether they offer Chase financing.
Chase does not publish a list of participating dealerships on their website. Your best approach is to call or visit dealerships in your area and ask. If a dealership does work with Chase, they will tell you during the financing conversation. If you have already found a car you want at a specific dealership, you can ask the sales team whether Chase is one of their lenders before you sit down to negotiate financing.
Comparing Chase to other auto loan options
If you want to compare Chase's rates and terms to what other lenders offer, the most practical approach is to get pre-approved by another lender first. Banks, credit unions, and online lenders all let you pre-may have access to and see an estimated rate without visiting a dealership. Once you have an offer in hand, you can bring it to the dealership and ask whether they can match or beat it through Chase or another lender.
This gives you leverage. Dealerships want to finance the sale themselves because they make money on the financing, but they will sometimes work with your outside offer if it means closing the deal. Even if the dealership cannot match your outside offer exactly, knowing what you may have access to for elsewhere helps you spot whether the dealership's offer is reasonable.
Keep in mind that the rate you are offered at a dealership may differ from the rate you received in a pre-approval, because dealerships sometimes have access to different loan products or because your credit is being pulled again. But the pre-approval gives you a baseline to work from.
What to bring to the dealership if you want to consider Chase
When you are ready to finance at a dealership, bring a government-issued photo ID, proof of income (recent pay stubs or tax returns), and proof of residence (a utility bill or lease). The dealership will pull your credit report, so you do not need to bring a credit report yourself.
If you have a trade-in vehicle, bring the title and keys. If you are financing the purchase, the dealership will want to know your down payment amount and whether you want to roll any trade-in equity into the new loan or take it as cash.
Having this information ready speeds up the financing process. The dealership will submit your process to Chase (and possibly other lenders) and get back to you with offers within a few hours to a day, depending on how busy they are.
Frequently Asked Questions
Can I explore for a Chase auto loan online before visiting a dealership?
No. Chase does not offer a direct online process for auto loans. You can only get a Chase auto loan through a dealership that partners with Chase Auto Finance. You can, however, pre-may have access to with other lenders online and bring that offer to a dealership to see if they can match it.
What credit score do I need for a Chase auto loan?
Chase does not publish a minimum credit score requirement. Generally, Chase works with borrowers across a range of credit profiles, but the interest rate and terms you receive will be better if your credit score is higher. The dealership can tell you whether Chase is likely to approve you based on your credit before they formally submit your process.
Does Chase offer auto loans for used cars?
Yes, Chase Auto Finance covers used vehicles, typically those no more than 10 years old. The specific terms depend on the vehicle's age, condition, mileage, and your credit profile. Newer used cars and vehicles in better condition usually may have access to for better rates.
What happens if I want to pay off my Chase auto loan early?
Chase auto loans typically do not have a prepayment penalty, meaning you can pay off the loan early without extra fees. Contact Chase or your loan servicer to confirm there are no penalties on your specific loan before you pay it off.
Can I refinance a Chase auto loan with a different lender later?
Yes. Once you own the vehicle and have paid down the loan, you can refinance with any lender that offers auto refinancing. This can make sense if your credit has improved since you bought the car or if interest rates have dropped. You will need to contact a bank, credit union, or online lender directly to explore refinancing options.