Review of Upstart Auto Loans


  • Auto refinance loans from $9,000 – $60,000

  • Available in all U.S. states except NV, IA, WV, MD

  • Average APR 2.25-29.99%

  • Pre-qualify online without hurting your credit


Want to buy a new car with a loan that doesn’t break the bank? Upstart, an online lender that specializes in loans for people who have little or no credit history, may be perfect for you.

With its quick and easy application process, high-quality customer service team, and extensive network of dealerships across the U.S., Upstart Auto Loans can help you finance your next car in just a few clicks.

In this review, we’ll deep dive into Upstart’s services so you can decide for yourself if it’s right for you.

Upstart Auto Loans: Overview

Upstart Auto Loans is a company that specializes in providing loans for people who want to buy a car. They are a subsidiary of Upstart Financial, which offers other kinds of loans – including personal loans, debt consolidation loans, and more. The company has been around since 2018, and it’s based in Texas.

The services they provide include:

  • Auto loan financing (they offer this through their parent website)
  • Personal loans (through the same site)
  • Student loan refinancing (through another subsidiary)

What does Upstart Auto Loans offer?

Upstart Auto Loans offers car loans for new and used vehicles, offering loans between $9,000 and $60,000. If you have bad credit, Upstart Auto Loans can help you obtain a loan with a starting interest rate between 6% and 9%.

Upstart Auto Loans has partnered with PNC Bank to offer financing for up to 100% of the car’s value. This means that if the dealer says your car is worth $8k but they only have a loan offer for $5k on your car (a common scenario), Upstart will pay the difference.

Chosen 125 times
  • Check your rate in minutes
  • Checking your rate won’t affect your credit score
  • Auto refinancing form $9,000-$60,000
  • APR rates from 2.25%

Upstart Auto Loans also offers longer-term loans than many other providers; most lenders offer 3-year financing or less, but Upstart offers 7 years at no additional cost as long as your monthly payment stays under 20% of your gross income.

So, if you make $100k per year then even though 20% of that would be an insane amount ($20k), at this rate you could still qualify for their longer term options.

Loan Requirements

To apply for auto refinancing with Upstart, you must:

  • Have a FICO credit score of 510
  • Have a minimum annual salary of $12,000
  • Have a minimum vehicle age of 10 years
  • Have a minimum vehicle mileage of 140,000

The personal information needed to apply for an Upstart auto loan includes your Social Security number or ITIN, address, phone, email, employment status, insurance details, source of income, and more.

Pre-qualification is available and Upstart provides a best-match offer, with various rates to choose from. Offers are valid for 14 days.

Rates and fees

Upstart Auto Loans interest rates are highly competitive. The APR ranges from 2.25% to 29.99%, depending on the credit profile of your loan applicant. This is much better than what other lenders offer, which can be over 30%.

Upstart Auto Loans fees are low and transparent. You’ll get an upfront look at all of the charges associated with borrowing money through Upstart Auto Loans before you ever commit to anything, so there won’t be any surprises once your application has been processed and approved.

Upstart Auto Loans offers a multi-year loan term instead of just one or two years, which means that if you’re having trouble making payments payments on time now but expect things will improve in future years (or vice versa), this lender may still be able to help you out.

Upstart Auto Loans is a good option for many borrowers

Upstart Auto Loans is a good option for many borrowers because they offer a good mix of rates and terms, their online platform is very user-friendly, they require a low minimum credit score, they have a good reputation, and their application process is simple.

Credit scores are complicated. If you’re not sure what your credit score is or how it works, Upstart Auto Loans has a handy tool that will help you understand the ins and outs of your score. They’ll also give you tips on how to improve it if needed!

Our Upstart Auto Loan Review


  • Not available in all states.

  • Maximum loan amount is lower than other lenders.

Upstart was founded by former Google employees with the mission of making credit more accessible for people who may not have a long history of credit. Upstart offers auto loans for new and used vehicles up to 10 years old with terms from 12-84 months.

The application process is simple and can be completed online in just minutes, but the online application won’t tell you whether you’re approved or not.

Read more Upstart Auto Loan reviews below.

Was this article helpful?

  • Be the first one to give feedback

    Reviews of Upstart Auto Loans

    Customer reviews
    Filter reviews Close Icon
    All reviews
    Loan reviews
    Sort by Close Icon
    Best rated
    Worst rated
    Most helpful

    Rate & review Upstart Auto Loans

    Not convinced?

    Visit their official website and learn more about Upstart Auto Loans

    We use cookies to give you the most relevant experience. By using our site, you accept all cookies and our privacy policy. To find out more about what cookies we use you can go to privacy overview