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New and Used Car Loans

Auto Loans

New and used car loans

Apply Now for an auto loan View Rates

Find the auto financing you need and shop with confidence.

Applying for a car loan is quicker than ever when you get started online. Whether you’re looking for a new ride or one that’s new to you, we offer flexible terms, competitive rates and an easy application.

Whatever your situation, we can help you explore your options for financing the right car or truck for your needs.

Apply Now for an auto loan   Call 877-373-3733

Auto Loan Rates*

Save 0.25% off your interest rate

  • For having your payment automatically deducted from your Commerce checking or savings account.1

  • An additional 0.25% rate discount is available when $7,000 or more of the loan is refinanced from another lender.1

Apply for an Auto Loan for a personal loan

Loans for Older Cars

Find solutions designed for financing older cars (7 years or older.)

Learn More About Loans for Older Cars

Student Auto Loans

Take advantage of a special rate discount of 0.50% for post-secondary students.1

Learn More About Student Auto Loans

Lease Buyout Options

Call us at 877-373-3733 to discuss solutions.

Contact UsAbout Lease Buyout Options

Auto Loan Terms

Take advantage of flexible terms — long, short or somewhere in the middle. Let’s find a financing plan that works for your unique needs.

Get an auto loan in 3 easy steps

 Get a car loan in 3 easy steps

#1 icon

Apply online, over the
phone or at a branch

#2 icon

Finalize your financing
as early as same-day

#3 icon

Receive loan funds
deposited into your account


Shop with confidence after you get preapproved.

Ask your banker how applying for preapproval on an auto loan can simplify your search before you visit the dealership. We’ll give you a clear picture of what you can afford with your requested loan term and amount.

Call 877-373-3733

Need to refinance your vehicle? We can help.

If you want to lower your monthly payment — either with a lower interest rate or extended term2 — we offer flexible terms at competitive rates.

Auto Loan FAQs

While some dealerships may have intriguing financing offers, they often come with additional dealership and loan fees. Financing through Commerce Bank is a straightforward process with no loan fees or early payoff fees. Additionally, you may qualify for an even lower payment through our vehicle loan discounts. To check the current rate discount offers and eligibility, visit our Vehicle Loans product page.
Applying for a car loan can result in an inquiry on your credit history. However, this does not necessarily harm your credit score, as several other factors determine your credit score.
Use our How much vehicle can I afford? calculator to find out how much money you can borrow while still meeting your budgeting goals. Additionally, use the What would my loan payments be? calculator to estimate your monthly payment.
Yes. We finance new, used, and older vehicles. Visit the Older Car Loans page to learn more about financing vehicles 7 years old or older
When you refinance, you may be able to get additional cash with a larger loan, depending on the amount of equity available in your vehicle. For instance, if your vehicle is worth $15,000, but you are refinancing an auto loan of $10,000, you may have $5,000 in equity available. This may allow you to increase the amount of your loan to $15,000, refinancing the $10,000 loan and giving you $5,000 in cash.
Yes. If your automobile does not have an existing loan or lien tied to it, you can use the title as collateral for a new loan.


  1. Rate discount cannot be combined with any other offer and is not available on dealer loans or refinances of Commerce Bank loans. Rate discounts cannot be combined with any other offer. Mortgages and dealer loans are not eligible to receive these rate discounts. Refinancing discount is limited to one discount per new installment loan and does not apply to Commerce credit card or loan account payoffs. In order to qualify for refinancing discount, must refinance $7,000 or more of debt from another lender. Student loan discount of 0.50% cannot be combined with auto loan ACH or refinance discounts of 0.25%.
  2. Extending your loan term will increase the amount of your total finance charges.
  • Rates are subject to change. These rates are available only for new and used car, truck and motorcycle loans. Your APR will be determined based on creditworthiness, length and amount of loan, and age of collateral. For auto loans, new rates apply to the current vehicle model year or newer; used rates apply to the previous 6 model years. Higher rates may apply to collateral 7 or more years old. Must be 18 years or older to apply.
  • Subject to credit approval.