- Starting APR
- 7.90%
- Loan amount
- $1K–$110K
- Min. credit score
- None stated
- Term range
- 36–72 months
Why it stands out
Carvana highlights
- Shop the car and lock the loan in one online flow
- Home delivery or vending-machine pickup, with a 7-day return
- Real terms shown in minutes with no impact to your score
- Trade-in value applied instantly toward your down payment
The verdict at a glance
Pros and cons
Pros
- The whole purchase happens without a dealership visit
- Seven-day money-back guarantee lowers the risk
- Fast, transparent, entirely online approval
Cons
- In-house rates are often higher than an outside lender's
- Financing is tied to buying a Carvana vehicle only
Our full review
Our take on Carvana
Carvana bundles the car and the financing into a single online checkout, delivering the vehicle to your door with a seven-day return window. The convenience is real, though the built-in rate rarely beats what an outside lender will quote.
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Figures shown are illustrative editorial examples and may change. Confirm current rates, fees, and terms on Carvana’s own site before you apply.
The alternatives
How Carvana compares
Other top-rated lenders in Auto Loans. Compare the numbers side by side before you decide.
| # | Provider | Rating | Starting APR | Best for | |
|---|---|---|---|---|---|
| 1 | LightStream | 6.49% | Strong-credit buyers chasing the lowest APR | See Rates | |
| 2 | myAutoloan | 6.79% | Buyers who want to compare multiple offers fast | Compare Offers | |
| 3 | Auto Approve | 5.24% | Owners cutting the payment on a current loan | Get Quote | |
| 4 | Capital One Auto Navigator | 7.15% | Shoppers who want a pre-qualified budget first | View Offer |
- LightStream4.9Best for Strong-credit buyers chasing the lowest APR
- myAutoloan4.7Best for Buyers who want to compare multiple offers fast
- Auto Approve4.6Best for Owners cutting the payment on a current loan
- Capital One Auto Navigator4.5Best for Shoppers who want a pre-qualified budget first