PNC Auto Loan Review | Find the best loan for you

PNC Bank offers financing for new and used vehicles. If you apply online, you can get financing for purchases at eligible US dealerships. Car loans for personal purchases are also available, but you must apply in person at a branch. If you have an existing auto loan on a vehicle, you can also refinance your loan with PNC. The bank also buys out leases.

PNC allows you to apply for auto financing online, over the phone or in person at a branch. Its “Check Ready” program allows you to obtain financing online before shopping at an eligible dealership. You can negotiate the final price with the dealer and then write the amount on your check, up to the approved amount. If you apply online, you will have a decision in minutes. The offer remains valid for 30 days.

If you plan to buy a used vehicle from a private individual, go to a PNC branch. If you provide the necessary documents and the loan is approved, you may be able to walk away with a check in hand.

To refinance, apply online, by phone or in person at a branch. Once approved, you can close at a PNC branch or have the documents sent to your home. Then, once you have returned your signed documents, a check will be sent to the creditor to repay the loan.


PNC offers financing terms from 12 to 72 months, and your interest rate depends on the length of the term and the model year of the vehicle. The lowest rates are reserved for applicants with excellent credit, and there is no prepayment penalty.

To finance a vehicle, it must be a 2014 or newer model year and have less than 80,000 miles – although some credit scores may qualify for a vehicle up to 100,000 miles. Some vehicles are not eligible for a PNC auto loan, such as utility vehicles. Other restrictions on eligible vehicles may apply.

If using the Check Ready service, borrowers must finance a car purchased from an eligible dealer, which includes all US franchise dealers.

Borrowers receive a 0.25 interest rate reduction for setting up and maintaining automated payments from a PNC checking account.

Although PNC Bank branches are not located in all states, it offers loan products nationwide. It does not disclose a minimum credit score requirement and considers other factors besides credit score, such as income.

For Check Ready loans, the minimum loan amount is $7,500 and the maximum is $50,000. You can borrow more than $50,000, but you won’t get a blank check to buy a vehicle. Instead, you will receive a check for a specific amount.

PNC Financial Services Group has an A+ rating with the Better Business Bureau. PNC Bank has a poor rating of 1.3 out of 5 stars on Trustpilot based on over 400 reviews. In 2021, the Consumer Financial Protection Bureau received 87 complaints against PNC Bank regarding auto loans. Most involved loan management or end-of-loan issues, and each received a timely response.

You can reach PNC customer service by calling 888-PNC-BANK or 888-762-2265. Representatives are available 7:00 a.m. to 10:00 p.m. Eastern Time, Monday through Friday, and 8:00 a.m. to 5:00 p.m. ET on weekends. You can also contact the bank on Twitter using @PNCBank_Help.

  • People who want to buy a car with guaranteed financing in advance.
  • People who want the convenience of applying for a car loan online.

About Ricardo Schulte

Check Also

ARC reform could broaden areas of assessment

Even medium-sized banks with more than 50% of their loans outside the areas where they …