Chase Auto Loan — Financing Backed by Strength and Flexibility

Chase is one of the largest banks in the U.S., and its auto loan program reflects that scale. Chase Auto Loan provides financing for new and used vehicles, refinancing for existing loans, and exclusive benefits for current Chase customers. 

With a strong dealership network and convenient digital tools, borrowers can enjoy both stability and flexibility when financing their next car.

Whether you prefer to manage your loan online or value the option of in-person support at branches across the country, Chase combines the convenience of modern banking with the trust of a nationwide financial institution.

Top Auto Loan Options in the U.S.

Bank of America Auto Loans: Competitive rates and loyalty rewards.
PenFed Credit Union: Member-based financing with low APRs.
LightStream: Fast unsecured loans for excellent credit borrowers.
Ally Auto Loans: Digital-first platform with private seller flexibility.
Chase Auto Loans: Strong dealer partnerships, customer discounts, and nationwide support.

Traditional Bank Loans

Reliable, structured, and ideal for those with strong credit.

Chase Advantage

Combines nationwide banking with local dealership partnerships.

Credit Unions

Offer lower rates but limited access.

Online Lenders

Fast but less personalized service.

 Buy Here Pay Here

Easier approval but often expensive long term.

How Auto Loans Affect Credit & Finances

Financing a car through Chase can have a significant impact on your financial health. Making on-time payments consistently helps build credit history, which strengthens your profile for future borrowing.

Over time, a positive repayment track record can raise your credit score, unlocking better loan opportunities and even lower rates.

However, late or missed payments have the opposite effect. They not only damage your score but can also result in penalties and higher long-term costs. Responsible payment management is crucial when working with any lender, especially a large institution like Chase.

Chase’s prequalification process uses a soft credit inquiry, which allows borrowers to shop for rates without lowering their score.

Once a full application is submitted, a hard inquiry is made, but credit bureaus usually treat multiple auto loan inquiries within a short timeframe as a single check.