Unlike a traditional auto loan, your Flexline™ is a line of credit—versus a single loan—that can be used as many times as you need over generations of vehicles to buy out a lease, refinance, or purchase as many eligible vehicles that will fit within your line. Additionally, the interest rate associated with your line of credit stays the same when you add a new vehicle to your line regardless of the vehicle's make, model and year and transaction type.

The Flexline is designed for consumers with good-to-excellent credit. This tends to correspond with a FICO score of 680 or higher, although a high credit score does not guarantee approval. We consider your entire credit profile in our evaluation process and we do not believe that there is a single definition of “good credit”. Like other lenders, we consider an applicant's credit history, payment history, and income vs debt.

Yes – in short, vehicles need to be 8 years old or newer (oldest model year eligible is the current year minus 8) and have fewer than 85,000 miles. Carputty has vehicle eligibility requirements to ensure that the vehicles being financed are in good condition, and have a certain level of value, as the vehicle's value serves as collateral for the loan. Click here to find a detailed list of vehicle eligibility requirements.