Auto loan programs Loanplaced places
New auto loans
Financing for new cars, trucks, SUVs, and EVs from franchised dealerships. Loanplaced typically beats promotional dealer financing except when the manufacturer is running a genuine 0% offer — in which case we'll tell you to take it.
Used auto loans
Financing for used vehicles up to 10 model years old with up to 125,000 miles. Loanplaced places used auto loans through credit unions and auto‑specialty lenders, both of which price more competitively than large banks on used cars.
Auto refinance
Replace your current auto loan with a lower‑APR loan. Best candidates: borrowers whose credit has improved since original financing, or who were sold F&I products (extended warranty, GAP) that inflated the loan. Loanplaced runs a refi savings model in dollars before you apply.
Lease buyout
Financing the residual value at the end of a lease when you love the car and the buyout price is below market. Loanplaced compares the buyout financing against the price of a comparable used vehicle in your local market.
Auto loan rate snapshot
| Loan type | Credit tier | APR range | Typical term |
|---|---|---|---|
| New auto | Excellent (740+) | 5.49% – 7.99% | 48 – 72 mo |
| New auto | Good (680–739) | 7.99% – 10.99% | 48 – 72 mo |
| Used auto | Excellent (740+) | 6.49% – 8.99% | 36 – 60 mo |
| Used auto | Good (680–739) | 8.99% – 12.99% | 36 – 60 mo |
| Refinance | All tiers | 5.99% – 15.99% | 24 – 72 mo |
| Lease buyout | Excellent (740+) | 6.25% – 9.50% | 36 – 60 mo |
Ranges reflect Q1 2026 approved‑offer data across Loanplaced's auto lender panel. Actual rate depends on credit, LTV, vehicle age, and state. Last verified: 07/2026.
The Loanplaced drive‑off breakdown
Before you sign anything at the dealer, Loanplaced calculates:
- MSRP or negotiated selling price
- Trade‑in value (from Kelley Blue Book, Black Book, and MMR)
- State sales tax and title fees
- Dealer doc fee (state cap where applicable)
- Loanplaced‑arranged loan APR, term, and monthly payment
- Total interest over the life of the loan
You get a one‑page summary you can hand the finance manager. Most Loanplaced customers save between $800 and $2,400 versus the dealer's first pencil.
Frequently asked questions
How is Loanplaced better than dealer financing?
Dealers add a rate markup (called a "reserve") to compensate themselves for arranging your loan. Loanplaced routes you directly to the lender at the wholesale rate, plus we compare multiple lenders in one credit pull.
Can I refinance my auto loan through Loanplaced?
Yes. Auto refinance is one of Loanplaced's most common products. If your credit has improved by 40+ points since your original financing, refinancing often saves $50–$150 per month.
Does Loanplaced work with the dealer directly?
Yes. Once you accept an offer, Loanplaced sends payment authorization directly to the dealer's finance office so you can complete the purchase without walking into F&I's rate pitch.