Car Loan Eligibility Requirements and Conditions


  • Maximum vehicle age is 10 calendar years old for all purchase types (dealer, refinance, and lease buyout)
  • Vehicles with 125,000 miles or greater are not eligible for financing
  • No commercial vehicles
  • No vehicles used for commercial/business purposes
  • No salvage, rebuilt or branded title vehicles
  • No gray market or lemon law vehicles. No conversion or delivery vehicles
  • No motorcycles, recreation vehicles (RV), boats, or aircraft


  • Applicant(s) must be US Citizens, Resident Alien, or Non Resident Alien and residing in the US
  • 18 years of age or older (19 years if in AL or NE)


  • No independent dealer purchases. Independent dealers are not affiliated with an auto manufacturer and may sell many different brands of used vehicles (exceptions for CarMax®, Hertz Car Sales, and Enterprise Car Sales)
  • Seller(s) and registered owner(s) listed on the title must be one and the same
  • Vehicle must be purchased directly from the seller/owner (no consignments)

Loan Structure

  • Term Limits may apply
  • Minimum loan: $5,000 ($7,500 in SC and MN)
  • Loan-to-value restrictions apply
  • Down payment may be required
  • Title and state fees may apply
  • Pre-payment fee may apply in FL, LA, and OH
  • A loan fee may apply
  • Powers of Attorney are not accepted
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