Prequalify for auto financing with zero credit score impact
Whether you want to prequalify for financing on a new car, truck, SUV or electric vehicle, or you're refinancing your current vehicle, GM Financial gives you tools and options to move forward with confidence.
Ready to lease or buy? Apply to prequalify with no impact to your credit score.
Auto loan and lease payment calculators
Calculate your estimated monthly payment, amount financed or final payment to get a clearer view of what works for your budget.
Explore auto financing, auto loan and lease topics
How to prequalify for auto financing
It’s quick, easy and won’t affect your credit score. Understand the process to prequalify for auto financing.
Am I a qualified buyer?
You know the term, but what does it really mean when you’re applying for an auto loan or lease? Let’s help break it down.
Your auto loan refinancing guide
Learn the process of refinancing a vehicle, then decide if it could be the right move for you.
I Paid Off My Car, Now What?
When the end of your contract approaches, be prepared using these tips.
A Closer Look at 0% Auto Financing
Zero-percent financing may be an option when purchasing your next vehicle. See if it could be an option for you.
The Impact of Credit on Auto Financing
Having healthy credit can save you money when it comes to financing your vehicle — and everything else.
5 Ways Auto Financing Can Impact Your Credit Score
Your credit score is a key to healthy financial living. If done responsibly, auto financing may help you build a stronger credit profile.
The pros and cons of long-term auto financing
Long-term auto financing is gaining popularity. Get the ins and outs to see if it’s right for you.
A Step-by-Step Guide to Auto Financing
Buying your first vehicle can have you feeling excited and a bit nervous. Use this step-by-step guide to help you purchase like a pro.
How auto financing and auto loans work at GM Financial
Auto financing is how you pay for a vehicle over time instead of all at once. At GM Financial, it can take the form of a retail installment contract, where scheduled payments build toward ownership, or a lease, where you pay to drive the vehicle for a set term. Both can start with quick prequalification. It could also mean refinancing an auto loan or buying out your lease. Let’s explore these options further.
With a retail installment contract, you finance the purchase of a vehicle and make payments over the contract term. Once you complete the terms of your contract, you own the vehicle and can continue driving it, sell it or trade it in. Buying may be a better fit if you plan to keep your vehicle longer, want unlimited mileage or prefer the freedom to personalize it.
With a lease, you pay to drive a new vehicle for a set term, typically with mileage options and end-of-term choices. Monthly payments may be lower because they cover only a portion of the vehicle’s value during your agreement, but you will not own the vehicle unless you choose to purchase it at lease end. Leasing may be a better fit if you like driving a new vehicle more often and want a shorter-term commitment.
An auto refinance loan and a lease buyout can give you additional ways to move forward with a vehicle you already drive. Refinancing replaces your current auto contract with a new loan, which may help you adjust your payment, rate or term based on eligibility.
A lease buyout lets you purchase your leased vehicle instead of returning it, either by working with your dealership, applying online for a lease buyout loan through GM Financial Refinance or requesting your purchase option price in MyAccount.
Working with GM Financial to refinance your loan or buy out your lease means working with a lender committed to making the process simple and transparent, with no hidden fees, competitive rates and a name customers have trusted for years.
Whether you opt to lease or buy, GM Financial works with participating dealers to make auto financing part of the vehicle-shopping experience. You can choose a vehicle, select a preferred dealership and complete the next steps with the dealer, who can help answer questions, discuss your options and guide you toward a credit application when you’re ready to lease or buy.
Auto financing options
Learn each option's benefits to choose the one right for you.
Lease or buy
Learn about the flexibility of leasing and the freedom of buying.
Refinance
Apply to see if you can refinance your auto through GM Financial.
Shop
Discover these valuable offers on new GM vehicles.
Undecided?
Complete this short lease vs. buy quiz to find the best fit for your budget and lifestyle.
Simple Interest Facts
Learn how simple interest works and how it impacts your financing.
Auto financing and auto loan FAQ
What is the difference between a lease and auto financing?
Auto financing is the overall process of paying for a vehicle over time instead of all at once. An auto loan is one type of auto financing that helps you work toward ownership through scheduled payments. Another type of financing is called a lease, which gives you the opportunity to drive a vehicle for an agreed-upon length of time. GM Financial offers tools and resources to help you understand your options and choose the path that fits your goals.
Can I prequalify for an auto loan without affecting my credit score?
Yes. You can apply to prequalify with GM Financial through a quick, secure online process that uses a soft credit inquiry and does not affect your credit score. Prequalifying can help you shop with a clearer view of your options before you visit the dealership.
Does GM Financial offer financing for used vehicles?
Yes. GM Financial offers auto finance options for new and used cars, trucks and SUVs through participating dealers. You can start by selecting a vehicle, applying to prequalify and using that information to move forward with more confidence at the dealership.
How do I estimate my monthly auto loan payment?
You can use our auto financing calculators to estimate your monthly payment, amount financed or final payment before you move forward. These tools help you compare scenarios, understand what may fit your budget and make a more informed financing decision.
Can I refinance my current vehicle?
Yes, refinancing may be an option depending on your current contract, lender and eligibility. Through GM Financial, you can apply to prequalify with no impact to your credit score and see whether refinancing could support your financial goals.