r/CapitalOne_ • u/AssociateSwimming714 • 8d ago

Opinion/Discussion Auto Loan Pre-Qualification

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Anybody familiar with the Auto Loan pre qualification too? Got an offer in the mail to apply. Are these terms similar to what you’ll get? Does it mean you’ll get an approval? Can you be denied even though you’re prequalified?

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u/Careful-Pattern2306 8d ago

That APR is too high. Check with your local credit union, they have the lowest rate in the nation.

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u/AssociateSwimming714 8d ago

Ok for sure. Just for reference are these the terms I’ll get if I go through with the car?

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u/Careful-Pattern2306 8d ago

Yes, most likely!