2025 Autopay Auto Loan Marketplace Review
Best for cash-out refinancing. Autopay is an auto loan marketplace that helps you shop with multiple lenders with just one form. Some of Autopay’s partners offer cash-out auto refinancing. This lets you refinance and borrow up to $12,000 beyond your current loan balance, providing extra cash if you need it.
Autopay auto loan rates and terms
| Starting annual percentage rate (APR) | Loan terms | Loan amounts | Fees Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees. | Minimum credit score | ||
|---|---|---|---|---|---|---|
| New auto loans | 4.65% | 24 to 96 months | $2,500 to $100,000 | Up to $400 doc fee | 580 | |
| Used auto loans | 4.65% | 24 to 96 months | $2,500 to $100,000 | Up to $400 doc fee | 580 | |
| Refinance auto loans | 4.65% | 24 to 96 months | $2,500 to $100,000 | Up to $400 doc fee | 580 |
Autopay pros and cons
Pros
- Many types of auto loans available (purchase, refinancing, cash-out refinancing, lease buyout)
- Can borrow as little as $2,500
- 96-month loan term can help make monthly payments more affordable (but you will pay more total interest)
- Easy application process
Cons
- Customer service not available on Sundays
What you need to get a car loan with Autopay
Because Autopay works with a network of lenders, the requirements to prequalify for an auto loan will vary. But as a baseline, here’s what you’ll need to start shopping:
- Credit score: 580
- Minimum income: $2,500 a month
- Vehicle requirements: Must be 10 years or newer with less than 150,000 miles
- Document requirements: Driver’s license, proof of insurance, proof of income (paystubs, tax returns), proof of residency (utility bill, lease agreement), payoff letter if refinancing
How Autopay’s starting rates compare to LendingTree’s lowest offers
Autopay’s rates start at 4.65%, but only the most qualified borrowers will be eligible for that price. Usually, that means a 740+ credit score, high annual income and a long, positive payment history on current debt and past debt, among other factors.
In the table below, you’ll find the average lowest APRs for various auto loan offers users saw on the LendingTree marketplace in Q3 2025. Your offer may be lower or higher, depending on your unique credit profile.
| Credit range | Average lowest APR for new auto loan offers | Average lowest APR for used auto loan offers | Average lowest APR for auto refi loan offers |
|---|---|---|---|
| Excellent (800+) | 7.16% | 9.34% | 5.06% |
| Very good (740 – 799) | 8.07% | 8.47% | 5.29% |
| Good (670 – 739) | 11.34% | 13.30% | 6.13% |
| Fair (580 – 669) | 20.51% | 22.36% | 9.02% |
| Poor (under 580) | 22.85% | 24.35% | 13.70% |
Estimate your monthly payment
About 5% of people with an auto loan are behind on payments, according to a LendingTree study. Using an auto loan calculator before signing on the dotted line can help you avoid taking on more than you can handle.
Types of Autopay auto loans
Autopay can help you find auto financing offers to pay off cars you already own or to buy cars you want.
- New and used car loans: It takes just a few minutes to apply with Autopay. As an added bonus, your first payment won’t be due for 45 days.
- Lease buyouts: Whether you’ve fallen in love with the car or have blown past the mileage limit, a car lease buyout loan can help you keep your vehicle at the end of a lease.
- Auto refinance: Refinancing an auto loan can let you lower your interest rate or change the length of the loan. Autopay says it has saved customers an average of $100 a month on their payments.
- Cash-out refinancing: Cash-out auto refinancing lets you borrow up to $12,000 more than you need to repay your original car loan, as long as you’re eligible. You can use this cash as you wish, but keep in mind that the more you borrow, the more total interest you’ll pay.
Autopay also offers vehicle protection products.
- GAP (Guaranteed Asset Protection insurance) coverage pays the difference between your car’s market value and what you still owe on your loan. Standard insurance only covers the car’s market value, so if you owe more than the vehicle is worth and it’s totaled, you’d be responsible for the remaining balance unless you have GAP coverage.
- Vehicle service contracts cover maintenance and repairs and may include roadside assistance.
When banks compete, you win
Shoppers can save an average of $2,346 on their auto loan, simply by using LendingTree to compare offers and choosing the one with the lowest rate. Here’s how:
Tell us what you need
Take two minutes to tell us who you are and how much money you need for your vehicle — we’ll take care of the rest. It’s free, simple and secure.
Shop your offers
We’ll send you offers from up to five trusted lenders. Compare your offers side by side to see which one will save you the most money.
Get your money
It’s smooth sailing once you finalize your loan with your lender — you could see money in your account in as soon as 24 hours.
Is an Autopay auto loan right for you?
If you’re looking for a car loan or refinancing your current auto loan, Autopay and similar marketplaces are great for getting a lot of information quickly to help make your decision.
On the other hand, using Autopay doesn’t guarantee you’ll get the best deals. Even if you get multiple attractive offers, it’s wise to shop around for the best auto loan as widely as you can, including with any banks or credit unions where you already have an account.
Shop around for car insurance on the LendingTree marketplace to find affordable rates. Among consumers who switched providers, 92% said they saved money and nearly two-thirds saved at least $100 on their annual car insurance rate, according to a LendingTree survey.
How Autopay auto loans compare
If you like the ease of using an online marketplace to find a car loan, myAutoLoan is another option. Like Autopay, it can send you multiple offers from partner lenders. Some of these offers won’t impact your credit but others require a hard credit pull, which can bring down your score by a handful of points.
You can also work directly with a traditional lender that offers loans online. Lightstream is an option for those with good or excellent credit, but since it doesn’t offer prequalification, you’ll be making a full loan application with a hard credit pull that can slightly lower your credit score.
Here’s how Autopay’s financing on new cars compares.
| Autopay | LightStream | myAutoLoan | |
|---|---|---|---|
| Starting APR | 4.65% | 6.49% (with autopay) | 6.24% |
| Loan terms | 24 – 96 months | 24 – 84 months Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay are 0.50% points higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $25,000 loan at 6.49% APR with a term of 3 years would result in 36 monthly payments of $766.11. © 2024 Truist Financial Corporation. Truist, LightStream and the LightStream logo are service marks of Truist Financial Corporation. All other trademarks are the property of their respective owners. Lending services provided by Truist Bank. | 24 – 84 months |
| Loan amounts | $2,500 to $100,000 | $5,000 to $100,000 | Starting at $8,000 |
| Fees Fee information in this review reflects what the lender publicly discloses on its website or to LendingTree directly, and doesn’t necessarily cover all fees that exist. Other fees may apply. “Not specified” means the lender has not provided fee details to us and/or doesn’t publish its fees. | Up to $400 doc fee | None | Not specified |
| Minimum credit score | 580 | Not specified | 600 |
To learn more about how these options compare to Autopay, read our review of myAutoLoan and LightStream auto loans.
Frequently asked questions
Autopay’s minimum credit score for an auto loan is 580. Usually, the credit score needed to buy a car is at least 600, but some companies are willing to work with lower scores.
If you’re struggling to qualify, your best bet may be to shop for a bad credit car loan with lenders that specialize in lower scores.
Autopay doesn’t do a hard credit inquiry or pull during the prequalification stage. That means you can see several rate quotes without impacting your credit. When you officially apply, the lender will perform a hard credit pull that will likely cause your credit score to drop temporarily by about five points.
Autopay is an online marketplace for car loans that matches applicants with partner lenders and credit unions. Each partner has its own set of criteria for loan approval, so Autopay can work with borrowers of all credit levels.
Get auto loan offers from up to 5 lenders in minutes