The best in auto loans

USAA serves military families financing new and used cars in addition to lease buyouts and cash-out refinancing loans. It boasts special features such as long loan terms, up to 84 months, and competitive rates for both new and used vehicle loans. And while it stands out for its bank-backed offerings, it also has a strong digital experience and an easy-to-use app.

LightStream offers unsecured loans to finance a new or used vehicle. Its easy-to-navigate online presence and speedy funding help it take first place among other online lenders. A strong user experience isn’t LightStream’s only perk — it also includes a range of loan amounts and available terms.

RateGenius serves as an auto loan marketplace. This makes it easy to compare rates side-by-side to ensure you secure the best deal. More than that, RateGenius boasts fast funding and accepts borrowers with poor credit.

The Virginia-based credit union encourages borrowers to prequalify, which can provide a firm grasp of expected costs. PenFed is an especially strong option for used car buyers as it has an online car-buying service where drivers can shop and buy in one place. Lastly, the membership fee required for credit union members is waived for those applying for auto loans.

Drivers buying a new vehicle will benefit from Autopay’s financing experience. Shoppers are not only encouraged to prequalify, but your rate is locked in for 30 days, which can help you shop confidently. And with terms up to 96 months, borrowers are sure to find a term that fits in their monthly budget.

If you are looking for a seamless car-buying process, Bank of America takes first place against its competitors for its integrated car shopping program. You can enter your ZIP code and be presented with vehicles available in your area. That, combined with prequalification, makes Bank of America a top choice for borrowers who don’t want to spend time switching between websites or visiting dealers in person.

While Consumers Credit Union takes first place for its expansive customer service hours and easy-to-navigate site, this is not all that makes the lender a good option. Borrowers can also take advantage of its car-buying service powered by TrueCar and benefit from in-person customer support.