Whether you’re a first-time or experienced car buyer, Chase can help you make informed decisions on financing or refinancingFootnote (Opens Overlay) your car loan. Here are some answers to frequently asked questions:
To complete your car loan application, you’ll need:
If you’re purchasing a new or used car and don’t yet know the details about the car, you can still apply for a loan. We’ll collect this information later.
We may ask for additional information after you submit your loan application.
If you decide to refinance with Chase, you may be able to lower your monthly loan payment. However, if you choose a loan term that is longer than the term left on your existing auto loan, you will pay interest over a longer period of time, and the overall cost of your loan may be higher. Consult your financial advisor to see if refinancing your auto loan is right for you.
We offer Chase car loans on most makes and models of new or used cars, small trucks, SUVs and minivans. Used cars can't be five years older than the current model year and must have no more than 75,000 miles. Vehicles cannot have been sold as scrap, have a branded or salvage title, which indicates a total loss due to collision, fire, hail or water damage, or be used for racing or hire, such as a taxi cab or chauffeured limousine, or for other commercial purposes.
No. Chase does not currently offer loans for these vehicle types. Other limitations apply.
When buying a car, you can apply for financing through the dealership, or you can apply for financing directly with Chase online or at a branch. If you apply directly with Chase, your application is submitted only to Chase. If you apply at a dealership, your application may go to any of the financial institutions with which they do business (which may or may not include Chase). Dealer specials and promotions are only available when financing is through the dealership.