Capital One Auto Refinance

Refinancing your car is easier than you might think.

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Step One Pre-qualify in minutes.

Tell us about yourself and your vehicle to see what you could save. There’s no commitment and no impact to your credit score.

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Step Two Confirm your details.

Pick the offer that best fits your goals and then finish the credit application online. As with any loan, we'll need to post an inquiry to your consumer credit report and confirm any details necessary to complete a final contract.

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Step Three Enjoy your savings.

We’ll take care of paying off your old auto loan and help you transfer your title once you’re approved. Welcome to your new auto loan!

Just ask the thousands of others we’ve helped refinance.

Auto Refinance Average Customer Rating

4.8/5.0

  • “I am so glad I refinanced with Capital One. Saving money and lower interest rate.”

  • “Quick, easy, painless.”

  • “Process was fast and easy! Awesome customer service!”

  • “It gave us a better rate and lower monthly payments.”

See all 5992 reviews

Learn more about auto refinancing.

What is the overall auto refinance process?
What are the basic loan and vehicle requirements?
What is pre-qualification?
Does pre-qualification affect my credit score?
Will I need to put cash down?
Are there any fees?
Are there any pre-payment penalties for paying off my loan?
Can I refinance my existing Capital One auto loan?
Is my personal information secure?
Will my GAP policy remain in effect if I refinance with Capital One?
I still can't find my answer. Can I call someone?

Important Disclosures and Requirements

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How Auto Refinance Works
  • Pre-Qualification: Submit an application to see if you pre-qualify to refinance your current auto loan with no impact to your credit score.
  • Credit Application: Select the offer that you want, review the information you entered and complete the credit application which will result in an inquiry posted to your consumer credit report and may impact your credit score.
  • Finalize: Provide your Vehicle Identification Number (VIN), E-Sign your contract, enter in your current lender details, and if needed, send in any supporting documents. The Capital One Customer Service team will then begin to process your application. After your loan has been finalized, you will need to provide us with Title Transfer documents that vary by state.
About you (the applicant):

To pre-qualify for refinancing, you must be in good standing (not over limit, past due, or charged off) on any other existing Capital One account. You must be in good standing on your mortgage and auto loan payments. You must be at least 18 years of age to apply. Applicants must have a valid physical street address within the contiguous United States at the time of application. P.O. Box addresses are not eligible for refinancing. An individual who does not have a physical street address may use an Army Post Office address or a Fleet Post Office address. A minimum monthly income requirement of $1,500 to $1,800 will apply depending on your credit qualifications.

Pre-qualification does not guarantee that you will receive financing or any particular financing terms, which are subject to change based on our evaluation of the credit application and any required documents.

Your pre-qualification expires 30 days from the date your pre-qualification application is received. You may use your pre-qualification on the expiration date, but not on any day thereafter. After pre-qualification, when you submit your credit application you will have at least 15 days to provide any required information or documents and sign your contract. If your offer expires before you are ready to refinance your vehicle, please re-submit a pre-qualification application to check your eligibility for a new offer.

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 old or newer and have an established resale value.

Capital One does not refinance Oldsmobile, Daewoo, Saab, Suzuki or Isuzu vehicles, commercial vehicles, motorcycles, recreational vehicles (RVs), ATVs, boats, camper vans, motor homes, vehicles with a history of chronic malfunctions and/or manufacturer or dealer buyback (alternatively referred to as a lemon) vehicles, salvage title vehicles, branded title vehicles, lease buyouts or vehicles without a Vehicle Identification Number (VIN) or title issued.

We may determine a vehicle to be commercial or otherwise ineligible based on the model and/or information provided to us.

Loan Amount Restrictions

Minimum loan amount is $7,500 and maximum loan amount is $50,000. Your maximum loan amount may be based on your income, key credit characteristics, and the vehicle you are refinancing.

Your actual loan amount will be limited based on the value of the specific vehicle that you are refinancing. For the vehicle you want to refinance, the value is based on NADA or KBB trade-in value. The amount of this limitation may vary and is referred to as the "LTV" (loan-to-value) limit. For example, if the value of the vehicle that you are refinancing is $20,000, and your LTV limit is 110%, then your refinanced loan amount can be up to $20,000 x 110% = $22,000.

Auto Refinance Restrictions

Capital One Auto Finance only refinances loans from other financial institutions, not including Capital One subsidiaries. Your current lender must be an FDIC or National Credit Union Administration (NCUA) insured financial institution. Most banks, credit unions and larger auto finance companies meet this requirement. 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. We will only pay off your existing auto loan and will not finance new GAP coverage or any other credit-related ancillary product to cover any cancelled coverage due to refinancing. To determine if your GAP or other credit-related ancillary policy terminates upon refinancing, consult your agreement or contact your provider.

Auto Refinance Documentation Requirements

Based on the information you provided, we will need some or all of the following documentation:

  • Proof of Income
  • Proof of Residence
  • Proof of Insurance
  • Proof of Employment
  • Vehicle Title
    • You will need to send us your vehicle title if you reside in one of the following states: KY, MD, MI, MN, MO, MT, NY, OK and WI. In all other states we will obtain the title directly from the state agency which holds your vehicle title.
  • Limited Power of Attorney to Modify Vehicle Title
    • In order to modify your vehicle title to show Capital One Auto Finance as the new lienholder we will need you to sign a limited Power of Attorney document which authorizes us to make this change at the Department of Motor Vehicles (DMV).
Annual Percentage Rate (APR)

APR is the Annual Percentage Rate. Advertised rates are offered depending on the individual’s excellent and substantial credit and key loan characteristics, including but not limited to Amount Financed, term, and vehicle characteristics. A representative example of payment terms are as follows: a loan amount of $20,000 with an APR of 7.50% and a term of 60 months would have a monthly payment of $400.76. No downpayment required. APRs shown are current as of March 28, 2017. Advertised rates are subject to change without notice. Refinancing may extend the term of the loan and increase the total amount paid when compared to your current situation.

Lifetime Payment Reduction Claim

Lifetime savings claim is based on average expected reduction in total lifetime payments our customers experience over the life of the loan compared to their prior lifetime payments. Claim is based on original loan information provided by the customer as well as loan information we receive from a credit reporting agency and does not include customers who choose to extend the number of remaining payments on their auto loan. Lifetime savings may result from a lower interest rate, a shorter term or both. Your actual savings may be different.

Yearly Payment Reduction Claim

Yearly payment reduction claim is based on average payment reduction our customers experience over a year with their new loan compared to their prior yearly loan payments. Claim does not include customers who choose to reduce the number of remaining payments on their auto loan. Yearly payment reduction may result from a lower interest rate, a longer term or both. Your actual savings may be different.

Monthly Payment Reduction Claim

Monthly payment reduction claim is based on average expected reduction in monthly payments our customers experience with their new loan compared to their prior loan payments. Claim is based on original loan information provided by the customer as well as loan information we receive from a credit reporting agency and does not include customers who choose to reduce the number of remaining payments on their auto loan. Monthly payment reduction may result from a lower interest rate, a longer term or both. Your actual savings may be different.

Ratings and Reviews

Customer reviews are submitted by validated Capital One customers who refinance using Capital One. Some product ratings and reviews may be obtained from customers with different versions of the product displayed above.

Third Party Information

Capital One uses third party information to enhance your auto refinancing experience through the Vehicle Identification Number (VIN) auto-fill feature. If you use the VIN auto-fill feature, certain data fields of your application such as VIN, year, make and model will be auto-filled using information supplied by a third party. Capital One does not guarantee that third party information is accurate, current, complete or reliable and assumes no responsibility for the accuracy of third party information. You should independently verify the accuracy of any third party information supplied through the VIN auto-fill feature.

Privacy and Security

This site uses Secure Sockets (SSL) encryption for all customer data and has been authenticated by Verisign.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR APPLYING FOR CREDIT. To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means to you: When you apply for credit, we will ask for your name, address, date of birth and other information that will allow us to identify you.