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Investopedia determined that Bank of America is the best overall auto lender thanks to its reasonable terms and accessibility. See all of our best auto loan picks.
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article explores various car financing options available to individuals with less-than-perfect credit.
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Best auto loan rates of May 2026
New car financing is available for under 5% APR for borrowers with high credit scores
Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering auto loans, business loans ...