Auto Purchase: Auto Loan Rates and Term Disclosures
Print this pageWells Fargo Auto Finance online loans are available for the purchase of a New or Used car, light truck, SUV or mini-van from a franchised new auto dealer only. Used vehicles are defined as cars up to six years old. For information about other types of loan products, please contact your local Wells Fargo branch.
All loans are subject to credit approval. Our new car loan rates range from 6.74% to 13.74% APR. To obtain the lowest annual percentage rate, you must have excellent credit history, choose a term no longer than 36 months, borrow at least $7500, and have a maximum loan-to-value of 100%. Your actual APR will be determined when a credit decision is made and may be higher than the lowest rate available. For example, if you borrowed $15,000 to purchase a new car from a franchised dealership and your Annual Percentage Rate was 6.74%, you would make 36 payments of $461.38. If you purchase a used car your rate will be higher.
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