* Savings claim is based on average savings our current customers experience over the entire term of their new loan compared to their prior loan. Savings may result from a lower interest rate, a different term, or both. Your actual savings may be different


Dealer Eligibility Requirements 
Capital One Auto Finance only provides financing for new and used vehicles purchased from select franchised dealers listed on our Dealer Locator. We do not offer financing for vehicles purchased from independent used car dealers, auto brokers or private party sellers.

Vehicle Type Restrictions 
Capital One Auto Finance only finances new and used cars, light trucks, minivans and SUVs that will be used for personal use. Vehicles must be 7 years or newer and have less than 70,000 miles. We do not finance Oldsmobile, Daewoo, or Isuzu vehicles. We do not offer financing for commercial vehicles, motorcycles or recreational vehicles. Other ineligible vehicles include: ATVs, amphibious vehicles, armored vehicles, boats, branded/junk/salvaged title vehicles, camper vans, conversion vans, dump trucks, freight liners, gray market vehicles, kit cars, lemon vehicles, limousines, motor homes, taxis, tow trucks, tractor trailers, vehicles that do not have a Vehicle Identification Number (VIN) or title issued to it, vehicles with greater than 1 ton payload capacity.

Loan Amount Restrictions 
Minimum loan amount is $7,500. You may apply for a loan amount of up to $40,000 for new vehicles, $30,000 for used vehicles and $30,000 for refinance loans. Your actual loan amount will be limited based on the value of the specific vehicle that you are purchasing or refinancing. For new vehicles, value is based on invoice price. For used vehicles, value is based on Kelley Blue Book wholesale value or NADA trade-in value (depending on your state of residence). The amount of this limitation may vary and will be specified in your loan package as the "LTV" (loan-to-value) limit. For example, if the value of the vehicle that you are buying is $20,000 and your LTV limit is 110%, then your loan amount will be limited to $20,000 x 110% = $22,000.

Refinancing Restrictions
Capital One Auto Finance only refinances loans from other financial institutions, not including Capital One subsidiaries. Approved refinance applicants may receive a contract package instead of a Blank Check®. You must refinance the full payoff amount of your existing auto loan subject to our minimum and maximum loan amounts. We do not offer cash-back refinancing or lease buyouts. While refinancing may decrease your payment amount, it may increase the total number of payments and total cost of the loan over time if the term of your new loan exceeds the remaining term of your current loan.