Which Credit Scores Qualify for the Best Auto Loan Rates?
Last reviewed: January 2026
Lenders change their requirements regularly based on economic conditions. To qualify for the best auto loan rates, you generally need a credit score of 720 or above.
Here's a breakdown of credit scores and the typical rates they qualify for:
| Credit Score | Typical Interest Rate |
|---|---|
| 720 - 850 | 6.5% - 7.5% |
| 690 - 719 | 8% - 9% |
| 660 - 689 | 10% - 12% |
| 620 - 659 | 13% - 16% |
| 590 - 619 | 17% - 20% |
| 500 - 589 | 20%+ |
Note: These rates are typical ranges and can vary based on the lender, loan term, vehicle type, and current market conditions.
To qualify for special manufacturer financing deals (like 0% APR when available), you typically need a credit score of at least 720. Keep in mind that these promotional rates are less common than they used to be, so don't count on them when budgeting for your purchase.
To see what your credit score is, go to FreeCreditScore.com
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About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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