Knowing how much you can borrow
Help narrow down your choices and save time as you shop for your next set of wheels.
If you’re shopping for a new or used vehicle, online pre-approval can put you ahead of the game when you find the right car.
- Five minutes is all it takes for most customers to complete our online pre-approval application
- No vehicle information is needed to establish your pre-approved loan amount
- We’ll send you a confirmation letter with your pre-approved loan amount and next steps
To qualify for the best rate, the loan must include:
- A term of 36 months or less1
- A loan for $30,000 or more
- Financing of 80% or less of the car’s value
- A credit score of 800 or higher
- A vehicle that is less than 12 months old
- Automatic payments from a U.S. Bank personal checking or savings account