Apply for financing online anytime, anywhere from your computer, tablet or smartphone.
Get preapproved for your loan so you can negotiate a better price on your car at the dealership.
Use Nationwide Auto Shopping Service to make sure you're getting a fair price on your vehicle. Research cars to find out what others in your area have paid, then get a guaranteed savings certificate from the dealers.
Tell us the date that works best for your automatic loan payment, and choose to pay monthly or bi-weekly. There's no extra charge for bi-weekly payments on auto loans.
Gather the information below, and get started today!
How to apply
Here's what you'll need to apply for an auto loan. You must be at least 18 years old and a U.S. citizen or legal resident to apply. Be sure to check your credit and resolve any disputes on your credit report. If applying jointly, both people should request a credit report before starting the application.
Nationwide Bank takes your privacy seriously. To protect your information, we will also verify your identity.
Previous residence information if you've been in your current home less than two years
Previous employer if you've been with your current employer less than two years
The amount you would like to borrow
Annual salary or other income information that you wish to have considered as a basis for repaying your loan
Current auto insurance information
Bank account information for your automatic loan payments1
Vehicle identification number (VIN)2
Vehicle year, make and model
Dealership address and phone number
If you are applying for new car financing with another person, you will need to have that person’s residence information, too.
Do I have to purchase a new car through an authorized dealer in order to get financing?
No, you can buy your car from a dealership or a private party when you get a new car loan from Nationwide Bank. The name and address of a private party must match the vehicle title when entering it within the application.
What new vehicles are not eligible for an auto loan?
Nationwide Bank does not offer auto loans on commercial vehicles or cars without VINs.
How do I receive the funds from my loan?
Because Nationwide Bank is a digital bank, everything happens online, including financing for your new car. We make it easy by sending the funds from your auto loan directly to the seller.
Here's how it works:
In our loan application, we will ask you for the address and phone number of the seller or dealer.
Once you’ve signed your loan documents, we will email you a secure Funding Code and a link to the Nationwide Bank Payment Center. When you’re ready to get your vehicle, simply share this information with the seller. The seller will tell Nationwide Bank where to deposit the funds, and you can drive home in style.
Is it possible to pay off my auto loan early?
Yes, you can pay off your auto loan early with no penalties, no matter your credit or interest rate. Use our auto loan payoff calculator to estimate your payment.
What isn't included in the price of my new car?
After you've negotiated a fair deal on the car itself, you may be surprised to find yourself writing a check for hundreds of dollars more than you thought. When you buy a car, be sure to factor these items into the price if they apply:
License and registration fees
Dealer administrative fee
Extended warranty, if you purchase one
Our auto payment calculator can help you estimate your monthly payment based on auto loan rates, down payment amount and vehicle purchase price.
Get more answers to your auto loan questions on our Car Loan FAQ page.
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.