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Auto Loans

Get a competitive rate on the loan you need to buy or refinance a car.

Drive away happy, knowing you made the best lending decision

With competitive rates, a variety of repayment periods and a speedy approval process, our auto loans are focused on your needs. It’s dependable service from a financial institution you can trust.

Loan Amount and Loan to Value


  • Minimum: $10,000
  • Maximum: $75,000
  • Value for a new auto is calculated by purchase price plus tax, tag and licensing
  • Value for a used auto is calculated by the lesser of the National Automobile Dealers Association (NADA) trade value or purchase price plus tax, tag and licensing
  • Finance up to 90% of the value

Terms and Repayment


  • Minimum term: 12 months
  • Maximum term: 60 months
  • Loan amounts ≥ $50,000 up to 72 months, but collateral is ≤ 3 years old
  • Equal monthly payments to fully amortize the loan for repayment



  • New: An auto that has never been titled.
  • Delayed purchase: Only allowed for applicants who purchased a new auto from a dealer for cash and want to reimburse themselves through financing. Processed as a new auto if submitted within 60 days of the invoice date.
  • Used: A car that has been previously titled and is ≤ 4 years old.
  • First Horizon does not finance motorcycles, ATVs, kit cars or salvaged titles.



  • Individual-to-individual purchase transactions are not allowed
  • Purchase or refinance (no cash out) is acceptable
  • Proof of comprehensive and collision insurance is required
  • Warranties, extended maintenance contracts and dealer-sold GAP insurance are not financeable
  • Add-ons are allowed if specifically outlined in the dealership sales contract



  • Fees may apply

If you're already a Digital Banking user, you can apply online. If you are not a First Horizon Digital Banking user, contact us at 800-615-1933.  

Apply now

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