Financing

How do I get prequalified on Cars.com?

You can get prequalified by filling out a simple form here.

The form requires you to submit the following information:

After submitting the form, you'll be able to see your personlized rate from our network of lenders.

What is the difference between pre-qualification and pre-approval?

An auto loan prequalification is a soft inquiry on your credit report, meaning it doesn't affect your credit score. It typically involves answering a few basic questions about your income, employment, and debt. Based on this information, the lender gives you an estimated range of loan amounts and personalized interest rates you might qualify for your car loan.

An auto loan preapproval is a more in-depth process that requires you to submit a formal application and provide documentation of your income, employment and assets. The lender will then verify your information and pull a hard credit inquiry, which can temporarily lower your credit score. Once they've reviewed everything, they'll issue a preapproval letter that states the exact car loan amount you're qualified for and the interest rate you'll be charged.

Where can I see my prequalified status on Cars.com?

You can see your status by going to Cars.com/prequalify. Make sure you are signed in.

When does my prequalification status expire?

Your prequalification status expires after 30 days of submitting the prequalification application. After that you can re-submit the application.

Where can I find my prequalified offers on the cars I am interested in?

We have sent you an email with your offers. Make sure you have checked your spam folder. You can also go to your profile on Cars.com.

What should I expect at the dealer after being prequalified on a car?

Contact the dealer to make sure that the car is available and schedule a test drive. Take your offer to the dealer and feel more confident.

Can I use my prequalified offer to purchase the car?

Yes, you can use your prequalified offer to purchase the car.

What if the car I am prequalified for is not available at the dealer?

You can use your prequalified offer to find a similar car at the dealer or contact another dealer.

What lenders participate in prequalification on Cars.com?

You can find the list of participating lenders on Cars.com.

Will your in-network lenders finance all cars that are on Cars.com?

In-network lenders can finance most cars listed on Cars.com. Check with the lender for specific details.

Which lender is my rate from?

You can see the lender details in your prequalification status.