What vehicles qualify for an Upgrade auto refinance?

Personal-use vehicles 10 model years old or newer with under 130,000 miles — trucks are allowed up to 150,000 miles. RVs, motorcycles, commercial vehicles and salvaged titles are not eligible.

Does my current loan need to be seasoned?

Yes. Upgrade requires at least three monthly payments made on your current loan and an outstanding balance greater than $5,000.

What rate will I get?

Upgrade lists auto refinance APRs of 5.54% to 19.94%. The lowest rates require Autopay, and your rate depends on your credit, loan amount, and other factors.

All lenders

Best for: Newer, lower-mileage vehicles where you want an online-only refinance with published eligibility rules

Upgrade

Upgrade — online auto refinance with clearly published vehicle and loan eligibility rules.

Min credit

Not disclosed

APR

5.54%–19.94%

Max vehicle age

10 yrs

Max mileage

130k mi

See your matched lenders and get prequalified. Takes ~3 minutes.

Get matched to lenders and prequalify on banks.com

"Not disclosed" means Upgrade does not publish this on their public site. "No restriction" means Upgrade explicitly states no limit.

Overview

Upgrade runs auto refinance as an auto-secured loan through its online platform. It is unusually specific about who qualifies: your vehicle needs to be 10 model years old or newer, in personal use, and under 130,000 miles (150,000 for trucks), and your existing loan needs at least three monthly paym…

What’s great

Vehicle age, mileage and loan-balance eligibility are published up front
Fully online application with payoff and title transfer handled for you
No prepayment penalty

What to know

No published credit-score floor
No published credit-score floor
Excludes RVs, motorcycles, commercial and salvaged vehicles
Existing loan must have at least three payments made and a balance over $5,000

Eligibility

Minimum credit score	Not disclosed
APR range	5.54% – 19.94% (Lowest rates require Autopay.)
Maximum vehicle age	10 years
Maximum mileage	130,000 miles
Loan amount range	Not disclosed
Term length	Not disclosed
States served	Not disclosed

FAQ

See your matched lenders and get prequalified. Takes ~3 minutes.

Get matched to lenders and prequalify on banks.com

Sources

Every figure on this page is sourced from Upgrade's own published materials. Rates, eligibility, and terms can change — verify directly with Upgrade before applying.

[1]Upgrade Auto Refinance — vehicle must be 10 model years old or newer, personal use, under 130,000 miles (150,000 for trucks); current loan needs at least 3 monthly payments made and a balance over $5,000; RVs, motorcycles, commercial and salvaged vehicles excluded — Upgrade, Inc.
https://www.upgrade.com/auto-refi/
Last checked: September 2026
[2]Upgrade Help Center — auto refinance is structured as an auto-secured loan; offers are shown after entering vehicle year, make, model and mileage — Upgrade, Inc.
https://www.upgrade.com/help/personal-loan/auto-secured-loan/how-do-i-apply-for-an-auto-refinance-loan/
Last checked: September 2026