PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How long does it take to finalize a car loan?
I just got hired for a new job, but I need a set of wheels to get to the office. I was taking the bus to interviews, but it's not really an option to get into the office on time. If I get a car loan, how long does it take to finalize it?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The length needed to finalize a car loan varies between lenders and depending on several factors, but in general you can expect to get a loan from:
- Car dealers the same-day or in a few days
- Online lenders in up to a week
- Local lenders, banks, or credit unions in up to two weeks
However, you also play a pivotal role in how long the process will take to finalize a
car loan
. Have your documentation together, shop around for rates, and know what car you want before you approach lenders. If you follow these steps, you can get approval and finalize your loan more quickly.Keep in mind that if you have low income or poor credit, the process to finalize a loan may take longer. If you can, take a look at your credit report to know which range your
credit score
falls into and try to save up some extra cash for a larger down payment
.When you sign on the dotted line, you also need to have proof of insurance for the car. That’s when
Jerry
can help. Sign up today to compare car insurance rates from dozens of top carriers and maximize your savings.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies