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Used Auto Loan

Apply for your used car loan today

Choose Nationwide Bank^® for your used car loan financing to make sure you get low rates that fit your budget.

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Used auto loan features

A low interest rate is just part of your used auto loan with Nationwide Bank^®. We also offer the flexibility and service that you want.

Find a car payment that works for your budget.

Find flexible used car loan terms.

Responsive customer service to help with your concerns.

Term	APR* as low as
Up to 36 months	4.15%
37 - 48 months	4.15%
49 - 60 months	4.40%
61 - 72 months	4.65%
73 - 84 month	5.15%

Loan amount	Terms available
$50,000+	Up to 84 months
$25,000 - $49,999	Up to 72 months
$12,000 - $24,999	Up to 60 months
$1,000 - $11,999	Up to 48 months

Auto loan calculator

Use this auto loan calculator to help you estimate your used auto loan payments. It will help you make a smart decision about how you finance your car.

Estimate your used car loan payments before you buy

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Please correct the following information before continuing.

Auto Loan Payment Calculator

*Required Field

*Cost of your car

Tax & title fees

Sales tax and title transfer fees associated with an auto purchase.

*Down payment

*Length of loan (months)

Additional payments (per month)

Paying more than your regularly payment reduces your balance, shortening the life of the loan

*Interest rate (APR)

Your results:
Your monthly car payment will be . The total cost of your auto loan is .

Adjust your interest rate 0%

20% %

Finding the right used auto loan is easy with Nationwide Bank.

Our goal is to get you the used auto loan you need. We’ll guide you through the financing process from start to finish.

Calculators are provided to help you determine how a loan, line of credit or a deposit product may affect your budget. The results offered are estimates and do not guarantee available loan terms, cost savings, tax benefits, etc. Nationwide Bank does not offer a guarantee of the calculator results.

What you need before you apply for a used auto loan

Nationwide Bank has a quick and secure used car loan application so you can get the auto loan you need to buy the used car you want. Before beginning your application, gather this basic information about yourself and the car you want to buy. If you don’t have a car picked out yet, that’s OK – you can still apply to be preapproved for a loan. You must be 18 years or older to apply for a used car loan.

One form of government issued photo identification, such as a driver’s license or state ID
Previous residence information if you’ve been in your current home less than two years
Previous employer information if you’ve been with your current employer less than two years

The amount you would like to borrow
Amount of your down payment, if applicable
Your annual income (salary, bonuses, retirement income, etc.)
Other income information (alimony, child support, separate maintenance) if you wish to have it considered as a basis for repaying your loan

Vehicle purchase price, year, make, model and mileage
Vehicle Identification Number (VIN)
Vehicle trade-in value, year, make and model
Amount of down payment, if applicable

If you are applying for this used car loan with another person, and this person agrees to apply jointly, you will need to have his or her ID, residence, job and income information, too.

Find answers to your used car loan questions

Q. Do I have to buy a used car from a dealership to get a loan from Nationwide Bank?
A. With a loan from Nationwide Bank, you can purchase a car from a dealer or a private party. That includes online sites such as eBay and Craigslist, used car lots and family or friends.

Q. Is high mileage a factor in my used car loan?
A. While we don’t have set mileage limits, the mileage will impact the value of your used car. In turn, the value of the car will impact how much you can borrow for your used car loan.

Q. Does it make sense for me to buy a car with my home equity line of credit instead of a used car loan?
A. That depends on your situation. With a used auto loan, you’ll get a fixed interest rate and set term. With a home equity line of credit, you may have more flexibility, and you may be able to deduct the loan interest from your taxable income (please consult a tax advisor regarding the deductibility of interest).

Q. After I am approved, how quickly can I get a check?
A. After you fill out the loan application online and you are approved, we’ll send you loan documents to read, sign and return. Once we receive your signed documents, you’ll get a check in two business days.

Q. Do you charge a different rate for used car loans?
A. No, Nationwide Bank offers the same low rate for car loans, whether they’re new, used or refinanced.

Don’t forget that Nationwide can provide you with the insurance you need to stay protected on the road. Request a car insurance quote from Nationwide Insurance today!

Insurance products offered through Nationwide Insurance are NOT insured by the FDIC or any federal government agency, nor are they guaranteed by, deposits of or obligations of Nationwide Bank.

Loan is subject to approval.

*APR refers to Annual Percentage Rate. APR is effective as of 2/1/2012 and subject to change. APR shown assumes excellent borrower credit history. Your APR may vary based on credit history and loan term. APR shown also reflects a 1% discount for automatic/ACH payments on this loan on the scheduled due date(s). Additional terms and conditions may apply. Annual Percentage Rates based on $10,000 amount financed. Other rates, terms, payments and loan amounts are available.

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Nationwide Mutual Insurance Company, Nationwide Mutual Fire Insurance Company, Nationwide Life Insurance Company, Nationwide Life and Annuity Insurance Company and Nationwide Investment Services Corporation are affiliates of Nationwide Bank. The insurance products and services offered through these affiliates of Nationwide Bank are not insured by the FDIC or any federal government agency, nor are they guaranteed by, deposits of or obligations of Nationwide Bank. The products and services offered through Nationwide Investment Services Corporation are subject to investment risk, including possible loss of value.

Programs (including, without limit, fees, rates and features) are subject to change without notice.

Nationwide Bank, Member FDIC, is a federally chartered savings bank. Nationwide Bank is an Equal Credit Opportunity Lender.

Nationwide On Your Side Federal Deposit Insurance Corporation