Bottom line: AutoNation isn't the most upfront dealership network you could work with, but it does sell a wide variety of vehicles. Still, it may make more sense to shop around for rates before you submit a preapproval application or shop for a car.
Finder makes money from featured partners, but editorial opinions are our own.
Advertiser disclosure
AutoNation review
- APR
- Not stated
Our verdict
This large dealership network works with lenders to offer financing for new and used cars.
AutoNation isn't a direct lender, but its nationwide network of dealerships means you may be able to find financing on a variety of new and used cars no matter where you live. It works with multiple lenders to back its loans, and when you buy a used car, you'll have the ability to return it.
But there are some big drawbacks to using AutoNation. It doesn't allow you to negotiate prices, it doesn't provide much information about its services online and it has a large amount of negative customer reviews. Since you won't know your financing terms until after you fill out an application, it may be better to compare other lenders before you shop. This way, you know exactly what loan terms you qualify for so you can be sure you're getting a competitive rate.
Details
Product details
| APR | Not stated |
| Interest Rate Type | Fixed |
| Requirements | Not stated |
Pros
- Finalize financing in-store or online
- Vehicle delivery available
- Five-day/250-mile return policy
- Works with dealerships across the US
Cons
- No ability to negotiate price
- Poor customer reviews
- Limited information available online
- No centralized customer service
AutoNation reviews and complaints
| BBB accredited | No |
|---|---|
| BBB rating | A+ |
| BBB customer reviews | 1.3 out of 5 stars, based on 42 customer reviews |
| BBB customer complaints | 220 customer complaints |
| Trustpilot Score | 2.2 out of 5 stars, based on 26 customer reviews |
| Customer reviews verified as of | 01 December 2020 |
AutoNation doesn’t receive glowing customer reviews on its BBB or Trustpilot pages. In fact, AutoNation’s BBB page doesn’t cover all of the dealerships it works with — if you have problems, you need to reach out to the specific one you visited. And while not many of the recent complaints are about its financing offers, customers cite problems with customer service, poorly maintained vehicles and misleading mechanic reports.
As with any used car, have your vehicle inspected by a third-party mechanic before finalizing your purchase and financing.
How AutoNation compares to other lenders
Find financing options before visiting an AutoNation dealership to get the best deal. Select your credit score range and state, then choose Show me my personalized options to see lenders you might qualify for.
1 – 3 of 3
AutoNation rates, fees and terms
While AutoNation states it offers competitive rates, it isn’t up front about potential costs or fees. This makes it difficult to know how much you’ll pay when you finance through one of its partners. And because AutoNation may perform a hard credit check when you apply, consider comparing other offers first.
What types of car loans does AutoNation offer?
AutoNation works with dealerships across the US to offer financing for both new and used vehicles. And unlike traditional financing, AutoNation offers a five-day/250-mile money-back guarantee on financing for all of its used car programs:
- Certified Preowned (CPO) vehicles. Pass manufacturer inspection and have a manufacturer-backed warranty.
- AutoNation Certified vehicles. Pass a 125-point inspection and have a 90-day/4,000-mile warranty.
- As-Is vehicles. Pass a 50-point inspection and do not have a warranty.
AutoNation requirements
AutoNation doesn’t provide any information on the criteria you’ll need to meet to qualify for a loan. And because it only finances the vehicles it sells, your car won’t have to meet any specific requirements.
How the application works
The online application is meant to save you time when you visit an AutoNation dealership. You’ll only need to provide basic information about yourself, including your annual income, date of birth and Social Security number.
AutoNation isn’t technically the lender you’ll be working with. But like all dealerships, it has connections with banks and other lenders to find you financing for one of its vehicles.
You can also visit an AutoNation dealership and fill out a financing application in person.
What sets it apart
AutoNation is more of a network of dealerships than a lender. While it works with a variety of lenders, it may not be the most competitive choice for your loan. In general, it’s not the best option if you’re looking for a lot of information before you apply. Its website is bare-bones, and you may be better off applying directly with a lender so you can lock in your loan terms before you shop.
It also doesn’t allow you to haggle the price on used cars — which can leave you stuck paying a higher amount. While AutoNation does conduct market research to price its vehicles, you may be able to negotiate a lower price with a traditional dealership.
Is AutoNation legit?
AutoNation is legit, but it’s not the most forthcoming. There’s no centralized customer service team, so you’ll need to reach out to a local dealership if you have any questions. Its privacy policy states that it won’t share or sell your personal information, but that it will share it with third parties to conduct business.
How does AutoNation’s money-back guarantee work?
Like most of its options, AutoNation is unclear about how its money-back guarantee works. While you can return any used vehicle within five days or 250 miles, you’ll need to reach out to a local AutoNation dealership for more details — including information on restrictions and fees that might apply.
AutoNation isn’t a direct lender — so compare other car loan options before you shop to get the best deal on your next car.
Frequently asked questions
Answers to common questions about AutoNation
Will AutoNation purchase my trade-in?
Yes. AutoNation offers trade-in quotes that are good for up to seven days. If you decide to sell your car to AutoNation, you can have it picked up for free or bring it to any AutoNation dealership.
Does AutoNation accept coapplicants?
Yes. You can apply with a coapplicant when you work with AutoNation.
AutoNation car loans is not currently available on Finder
Have you considered CarGurus?
- See your options without affecting your credit score
- Preview your real monthly payments
- Get pre-qualified before you buy
Your reviews
Not enough reviews
Write a review
Kellye Finder
Writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
More resources on Finder
Car loan guides
We compare the following providers
Buying guides
Need car insurance?
Loan categories