2026 Wells Fargo Auto Loan Review
Best for people with good credit looking to buy from an auto dealership: Wells Fargo only offers loans through its network of dealerships. Though it doesn’t specify its minimum credit score requirement, you’ll likely need at least good credit to qualify.
Quick answer: Wells Fargo car loans at a glance
- How to apply: Wells Fargo doesn’t lend directly to consumers — you apply for a Wells Fargo car loan through a dealership in its network of nearly 11,000 dealers.
- Rates: Wells Fargo doesn’t publish its car loan rates. For comparison, typical dealer-arranged auto financing currently runs about 5% to 7% APR for new cars and roughly 6% to 9% APR for used cars for borrowers with good credit, with higher rates for lower credit scores.
- Credit needed: No minimum is disclosed, but you’ll generally want a credit score above 660 to land the best rates.
- Tip: Prequalify with a few lenders before visiting the dealership so you can compare any Wells Fargo offer against direct bank and credit union rates.
Wells Fargo 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.
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 | Not specified | Not specified | Not specified | Not specified | Not specified | |
| Used auto loans | Not specified | Not specified | Not specified | Not specified | Not specified |
Wells Fargo pros and cons
Pros
- Financing available from nearly 11,000 dealerships
- Manage your loan with the highly-rated Wells Fargo mobile app
- Option to change your due date or defer payment in times of hardship
- Offers low-interest special financing on select vehicles
Cons
- You can only apply through dealerships in the Wells Fargo network
- Website lacks transparency regarding rates, terms, borrowing amounts and loan requirements
- No auto loan refinancing available
What you need to get a car loan with Wells Fargo
Wells Fargo doesn’t disclose its requirements to qualify for an auto loan, but your local dealership in the bank’s network may tell you how to qualify and which documents you’ll need to provide.
Here’s what you can generally expect when shopping for a car loan:
- Credit score: Lenders typically look for borrowers with a credit score above 660, though it’s possible to get an auto loan with a lower score. Individual dealerships may have their own requirements.
- Income verification: You may have to provide proof of income to demonstrate your ability to repay the loan.
- Financial history: Factors like your debt-to-income ratio and employment history can influence your eligibility.
- New or used vehicles: Wells Fargo only works with dealerships, which often specialize in new cars or certified pre-owned vehicles from manufacturers. Dealerships also offer used cars.
- Vehicle restrictions may apply: Financing may be restricted based on the car’s age, mileage or condition. Wells Fargo doesn’t disclose any universal limitations. Restrictions may vary by dealership.
How to apply for a Wells Fargo car loan
Because Wells Fargo doesn’t lend directly to consumers, you’ll apply for a Wells Fargo car loan at the dealership. Here’s how the process typically works:
- Check your credit first. Review your credit score and report before you shop so you know where you stand and can estimate the rates you might qualify for.
- Get prequalified elsewhere for comparison. Prequalify with a few banks, credit unions or online lenders so you have competing offers to bring to the dealership.
- Find a dealer in the Wells Fargo network. Wells Fargo finances vehicles through nearly 11,000 dealerships, so confirm your dealership works with the bank.
- Choose your vehicle. Select the new or used car you want to buy and agree on a purchase price.
- Complete the credit application. The dealership’s finance department submits your application to Wells Fargo on your behalf. Be ready to provide proof of income, proof of residence, a valid driver’s license and other documentation.
- Review your loan offer. If approved, compare the Wells Fargo APR, loan term and monthly payment against the offers you prequalified for before signing.
- Finalize and sign. Once you accept the terms, sign the loan agreement at the dealership and drive off with your vehicle. You can then manage your loan through the Wells Fargo mobile app.
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.
Since Wells Fargo doesn’t publish its rates, the table below shows estimated monthly payments on common loan amounts at a range of APRs so you can gauge what a Wells Fargo car loan might cost. These are examples only — your actual payment will depend on the rate, term and amount you’re approved for.
| Loan amount | 60-month term at 6% APR | 60-month term at 8% APR | 72-month term at 6% APR | 72-month term at 8% APR |
|---|---|---|---|---|
| $15,000 | $290/mo. | $304/mo. | $249/mo. | $263/mo. |
| $25,000 | $483/mo. | $507/mo. | $414/mo. | $438/mo. |
| $35,000 | $677/mo. | $710/mo. | $580/mo. | $614/mo. |
| $45,000 | $870/mo. | $912/mo. | $746/mo. | $789/mo. |
Types of Wells Fargo auto loans
- New and used car loans: Wells Fargo offers used and new car financing through a large network of nearly 11,000 dealerships. The bank also partners with major manufacturers like Volkswagen and Audi to provide financing.
- Motorcycle loans: Beginning in April 2026, Wells Fargo will offer motorcycle loans through Ducati dealerships.
- RV, boat and powersport loans: Wells Fargo offers inventory financing for RVs, boats and powersports through a partnership with Aqua Finance. The companies will collaborate with manufacturers such as Brunswick, E-Z-GO, KTM North America, Inc. and Winnebago Industries.
When banks compete, you win
People who use LendingTree to shop for car loans could save an average of $3,064 by choosing the offer with the lowest APR. Here’s how it works.
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 a Wells Fargo auto loan right for you?
If an in-network Wells Fargo dealership near you is offering a special financing offer on the car you want, it could be an affordable option.
Wells Fargo has more than 50 years of experience servicing auto loans and offers easy loan management tools through its highly-rated mobile app. But there’s no guarantee you’ll qualify, especially since Wells Fargo doesn’t publish its loan requirements.
We recommend you prequalify with a few other lenders before visiting a dealership in the Wells Fargo network. You might get better offers by skipping the middleman and working directly with a bank or credit union.
Managing an existing Wells Fargo car loan
Already have a Wells Fargo auto loan? Here’s how current borrowers can manage their account, make payments and get help:
- Online and mobile: Log in to your account at wellsfargo.com or through the Wells Fargo mobile app to view your balance, check your payoff amount, set up autopay and make one-time payments.
- Customer service phone number: Call Wells Fargo auto loan customer service at 1-800-289-8004 (Monday through Friday, 7 a.m. to 7 p.m. CT) for help with your account, payments or payoff requests.
- Payment options: You can pay your car loan online, through the mobile app, by phone, by mail or by signing up for automatic payments. Wells Fargo also offers the option to change your due date or defer a payment if you’re experiencing financial hardship.
- Mail payments to: Follow the remittance address listed on your monthly statement to ensure your payment is applied correctly.
- Hardship assistance: If you’re struggling to make payments, contact Wells Fargo as soon as possible to discuss payment deferral or other assistance options.
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 Wells Fargo auto loans compare
If you’re looking for transparent bank financing for your new car, Bank of America might be a better fit than Wells Fargo. Bank of America offers loan prequalification and shares its rates, terms and loan amounts.
Chase also offers prequalification, but like Wells Fargo, it doesn’t share its starting APR or minimum credit score.
| Wells Fargo | Bank of America | Chase | |
|---|---|---|---|
| Starting APR | Not specified | 5.49% | Not specified |
| Loan terms | Not specified | 48 to 72 months | 12 to 84 months |
| Loan amounts | Not specified | Starting at $7,500 | $4,000 – $750,000 |
| 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.
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.
| Not specified | Not specified | Not specified |
| Minimum credit score | Not specified | Not specified | Not specified |
Read our full reviews of how Chase auto loans and Bank of America auto loans compare to car financing from Wells Fargo.
Frequently asked questions
Yes, but Wells Fargo auto loans aren’t offered directly — you’ll need to apply through a dealership in their network. Wells Fargo offers auto loans for used and new vehicles through nearly 11,000 dealerships. It also partners with major manufacturing brands like Volkswagen and Audi.
Wells Fargo doesn’t disclose a minimum credit score to qualify for an auto loan. In general, lenders look for a score above 660 when considering applicants for a car loan, but this will vary by lender.
No, Wells Fargo does not give car loans for private-party sales or to dealers outside of their network.
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