Financing is available exclusively through thousands of U.S. partner dealerships.
Loans are underwritten by TD Bank, a large North American financial institution.
The program supports financing for both new and pre-owned cars.
Existing customers have access to a secure digital portal to manage their loans.
-
The Indirect Lending Model+
TD Auto Finance operates on an indirect lending model for vehicle purchases. A U.S. consumer who wishes to obtain financing from TD for a vehicle must do so at a dealership that partners with the bank. The consumer completes a single credit application at the dealership. This application is then submitted by the dealer to its network of various lenders, which includes TD Auto Finance, to find a competitive loan offer.
-
The Role of the Auto Dealership+
In this model, the auto dealership acts as the primary intermediary between the consumer and TD Auto Finance. The dealership’s finance department is responsible for presenting the available loan offers to the customer. If the customer chooses the financing offer from TD Auto Finance, the dealer helps finalize all necessary paperwork to establish the loan contract.
-
Managing an Existing Loan Online+
For its existing customers, TD Auto Finance provides a dedicated U.S. customer website. After a customer registers for an account, they can log in to view their loan details, access past and current statements, and review their payment history. This digital portal serves as the main hub for all online account management activities.
-
Available Payment Methods+
The platform is designed to offer several ways for customers to make their loan payments. These methods include setting up recurring automatic payments (a service often called Autopay), making a single one-time payment online through the customer portal, paying by phone using the automated system, or sending a payment by traditional mail. This provides a degree of flexibility for account holders.
Top Auto Loan Options in the U.S.
- TD Auto Finance – Provides dealership-based financing with competitive rates, flexible terms up to 96 months on select vehicles, and a reputation for excellent dealer satisfaction.
- Capital One Auto Navigator – Pre-qualify online with a soft credit pull and shop real-time offers.
- Bank of America Auto Loans – Fixed-rate loans with client perks and online management.
- PenFed Credit Union – Competitive member APRs via its Car Buying Service.
- LightStream (Truist Bank) – Unsecured auto loans with no restrictions on vehicle type.
- Carvana Financing – Fully online buy-and-finance experience, home delivery included.
Traditional Bank Financing
Major banks—like Wells Fargo and Chase—offer familiar loan products but usually require in-person applications and extra paperwork. TD Auto Finance stands out by working directly through dealerships to offer quick credit decisions and a hands-off, hassle-free loan experience backed by TD’s banking strength.
TD Auto Finance Dealer Financing
When you finance through a dealership using TD, you’ll benefit from same-day credit decisions, tailored terms, and the ability to choose fixed or variable rates up to 96 months on qualified vehicles. TD has earned top marks in dealer satisfaction for non-prime and prime borrowers—thanks to their dedicated dealer support and transparent process.
Digital Tools & Dealer Network
TD’s TD Wheels™ app and dealer locator help you find participating dealerships, estimate monthly payments based on price, down payment, and loan term, and apply directly at the lot. From there, you stay engaged via secure digital channels or in-person—whatever feels right.
Unsecured Personal Loans vs. Dealer Loans
While unsecured personal loans offer flexibility, they usually come with shorter repayment terms and higher APRs. TD Auto Finance’s secured auto loans, tailored to both new and used vehicles including RVs and boats, often deliver better rates, longer terms, and more vehicle-specific options.
Dealer Buyout, Refinancing & Flexibility
If you’re nearing the end of a lease or want to refinance, TD provides structured dealer-linked refinancing options. Need payment relief later? TD features such as lump-sum payments and payment extensions—no penalties—help you stay on track financially.
How Auto Loans Impact Your Finances and Credit Score in the U.S.
TD initiates a hard credit inquiry during financing, but multiple inquiries within a short time get bundled into one, limiting impact. Paying on time builds your FICO score and strengthens your debt-to-income ratio—important for future loans like mortgages. Needs change? You can pay off your loan early without fees, which helps reduce total interest.
You will stay on our website.
