Choosing between Capital One Auto Navigator and Tesla Financing depends on your specific needs. If you are looking to finance a Tesla, Tesla Financing is the obvious choice. If you want to finance a different make or model, or prefer in-person customer service, Capital One Auto Navigator is a better option. Consider your credit score, desired loan amount, and preferred customer service experience when making your decision.
| Attribute | Capital One Auto Navigator | Tesla Financing |
|---|---|---|
| APR range (lowest to highest) | New auto loans might start at 5.50% APR, used auto loans could start at 6.04% APR for a 60-month term. Actual APR depends on creditworthiness. | As low as 3.49% to 5.59% (as of late 2024 and July 2025). Promotional rates like 0% APR have been offered for specific models and borrowers with excellent credit. |
| Loan amounts available | $4,000 to $75,000; refinance options for loan amounts between $7,500 and $50,000 | Financing can cover the vehicle's purchase price, less any down payment. Some lenders offer financing up to $150,000. |
| Minimum credit score required | 500 or higher may be sufficient, but a score above 660 is recommended for better interest rates. | A score of 660 or higher is generally considered favorable, and aiming for 720 or higher may help you secure better rates. |
| Loan terms (in months) | 24 to 84 months | 36 to 84 months |
| Pre-qualification availability | Available through the Auto Navigator tool | Yes, Tesla offers pre-qualification, which uses a soft credit inquiry that doesn't affect your credit score. |
| Fees (origination, prepayment penalty, etc.) | No origination fee or prepayment penalties | No application fees or prepayment penalties. |
| Discounts offered (e.g., for autopay) | Setting up automatic payments may qualify you for discounts | Autopay rate reductions, limited-time offers on specific models, and an 'American Heroes' discount for military personnel, first responders, teachers, and students. |
| Vehicle restrictions (age, mileage) | New or used cars, light trucks, minivans, or SUVs for personal use. Vehicles must have fewer than 120,000 miles and be within the last 10 model years. | Financing partners generally don't offer financing for vehicles used for ridesharing or rental purposes. For used vehicles, loan options and APRs may vary based on the model year. |
| Online application process | Shop for cars, get pre-qualified, and customize loan terms through the Auto Navigator website. Finalize the deal in person at a participating dealership. | Primarily online through your Tesla Account. |
| Customer service availability | Via phone at 1-800-689-1789 during business hours, physical branches and Capital One Cafés | Via phone, but some customer reviews suggest it can be problematic. |
| Financing for new or used cars | Provides financing for both new and used cars purchased from participating dealers | Both new and used Tesla vehicles |
| Ratings | Generally receives positive reviews for its user-friendly online platform and pre-qualification process. | Overall ratings are mixed, with declining trust and brand perception in some surveys. |
| Fees | No origination fees, No prepayment penalties | No application fees, No prepayment penalties |