At a glance

- Availability
- Affordability
- Customer Experience
- Transparency
About Shift
-
Loan amount
up to $80,000
-
Min. credit score
Varies by lender
-
APR from
Varies by lender
-
Funds available in
Varies by lender
Loan amount
up to $80,000
Min. credit score
Varies by lender
APR from
Varies by lender
Funds available in
Varies by lender
Convenient
Prequalification available
Return period
Non-negotiable prices
Service and delivery fees
Shift does not disclose eligibility criteria for auto loans as it varies by lender. So, you won’t find a minimum credit score or income requirement online. Instead, you’ll need to get pre-qualified online to view your rates from Shift’s lending partners. The process is simple, takes just 60 seconds and won’t impact your credit score.
Shift does state that it serves customers “of all credit profiles,” including those with poor or minimal credit history.
Specific rates will vary by chosen lender. Loan terms range between 36 to 72 months based on the auto loan calculator available on Shift’s site. Vehicles can be financed for up to $80,000. Most competitive rates will be offered to drivers with strong credit backgrounds.
The Shift car buying process can be done completely online — from order to delivery.
1. Apply for prequalification. To get estimated loan terms you will enter information on your residence, income, credit score and potential terms. The process should take under two minutes and does not cause a hard credit pull.
2. Lock in financing and shop. Following loan prequalification, you will be matched with a lender and be able to begin your shopping process. (Be mindful that moving forward with the application process generates a hard credit inquiry that could impact your credit score). Explore available vehicles by inputting your ZIP code and any specifications on the vehicle. When shopping pay close attention to available features and consider checking Kelley Blue Book or Edmunds for specific reviews.
3. Finalize the loan and arrange for delivery. Review and sign the loan documents. Depending on where you live, you can either arrange for delivery directly to your front door or to pick up at a Shift Hub — which are primarily located on the West Coast.
Shift will handle the paperwork for your vehicle purchase. If you wish to trade in your previous car, you will need to enter some information on your car to determine its value before being matched with an advisor.
Overall Score | 3.7 | |
---|---|---|
Availability | 3.5 | While Shift shares repayment terms and maximum loan amount, other undisclosed specifics leave it with a middle-tier score. |
Affordability | 3.4 | High potential delivery and service fees and undisclosed APRs lower what would be a high score based on generous acceptance criteria. |
Customer Experience | 3.4 | Shift only offers weekday support during normal business hours. |
Transparency | 4.5 | Shift encourages loan prequalification and discloses some potential fees on its site. |
Bankrate considers 18 data points when selecting top auto loans. Acceptance criteria, whether rates and fees are available and APR range all influence lender scores. These scores are broken up into four categories.