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Has anyone ever applied for the Capital One Auto Loan and How Much where you approved for?



I was thinking about applying for the auto finance blank check thing, but i wanted to know if its a good idea and how much some of you guys where approved for?

I used work for Capital One Auto finance and have my current auto loan through them. If you have good credit they are very liberal with the amount they will lend you. I would ask for $5000 more than what you plan to spend on a vehicle. The loan is only for the amount you write the check for.

I applied for $30000 but only ended up using $28000 of it. I had it Fedexed to me for a $15 fee and the dealer was paid the next day.

Captial One also does the financing for Costco's Auto Loan program. If you're a Costco member and apply through the Costco website, you will get the same Capital One check but for a lower intrest rate. Source(s): I've worked in the auto finance business 13 years.
I applied and was approved for around 25000. Didn't take it though, I found an other way to finance my car.
Auto finance is what I do for a living and Capital One is one of my lenders.

They are one of the largest banks in the world and if you qualify, they will approve you for up to $40,000.00.
Finance Manager for over 7-years.
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