Skip to Main Content

Tresl: 2023 Auto loan review

2023-01-01 00:00:00

At a glance

Rating: 3.2 stars out of 5

Bankrate Score

  • Availability
    Rating: 3 stars out of 5
  • Affordability
    Rating: 3 stars out of 5
  • Customer Experience
    Rating: 3.6 stars out of 5
  • Transparency
    Rating: 4 stars out of 5
Compare auto loan rates
See rates

About Tresl

  • Moneybag

    Loan amount

    Not specified

  • Credit Good

    Min. credit score

    Varies by lender

  • Rates

    APR from

    Not specified

  • Funds available in

    Not specified

Tresl pros and cons

There are a few important benefits and drawbacks of Tresl auto loans worth considering before applying.


  • Checkmark

    Prequalification with soft credit check

  • Checkmark

    Simple online application


  • Close X

    Unspecified rates and terms

  • Close X

    Lender fees

Do you qualify?

Only the most basic of requirements are listed on Tresl’s website. 

To qualify you must:

  • Be a U.S. citizen who is at least 18 years old.
  • Have a steady source of income.
  • Provide proof of insurance.

What we like and what we don’t like

The seamless online application process that Tresl offers may not outweigh the lack of disclosed rates, terms and eligibility requirements.

What we like

  • Prequalify with a soft credit check. There is no impact to determine if you prequalify for financing with a lender in the Tresl network.
  • Simple online application. The entire application process is handled online. You can upload your documents electronically to avoid the hassle of making copies and sending them by post.

What we don't like

  • Limited information available. Rates, terms, eligibility requirements and most other information is not available until after you apply to prequalify.
  • Lender fees. You could be subject to a loan origination fee, depending on the lender.

How to contact Tresl

You can get in touch with a customer service team member by phone or send an online inquiry via the website. Finance advisors are available Monday through Friday from 8:00 a.m. to 7:30 p.m., and Saturday from 9:00 a.m. to 5 p.m. CT.

Auto loan types offered

Consider using Tresl to explore loan offers for auto refinancing, car lease purchases and company car purchases.

Auto loan refinancing

You can refinance your current loan with a lender in the Tresl network to get a better interest rate or more affordable car payment. According to Tresl, the average interest rate reduction is 5.57 percent, and borrowers save around $1,150 annually.

Lease buyout loans

Tresl can simplify the process of buying your leased car. You will have dedicated assistance from Tresl finance advisors. Plus, the entire process is handled online, and you won’t have to mail or fax in loads of paperwork or pay steep dealer fees. Most applicants receive final approval within 24 hours, assuming the requested documents are uploaded promptly.

Company car purchases

For those looking to purchase a company vehicle, Tresl’s partners offer loans with a variety of terms and rates. Most applicants are prequalified in seconds and fully approved in just 24 hours.

How to apply for a loan with Tresl

When you are ready to apply with Tresl, the first step is to get prequalified. It’s a five-minute process that entails inputting some basic contact and vehicle information into an online form to determine if there is a lender that might approve you for financing.

Next, you can compare any offers you prequalify for, select one that works for you and make any allowable adjustments to the offer to ensure it meets your financial needs. Finally, you will complete a formal application with help from a Tresl finance advisor to get final approval and secure the loan.

Tresl FAQs

How Bankrate rates Tresl

Overall score 3.2
Availability 3 With little information to go on, Tresl gets mid marks for affordability.
Affordability 3 Tresl doesn’t provide APR, specific acceptance criteria or fees.
Customer experience 3.6 Tresl’s range of customer service hours is what earns it more than mid marks.
Transparency 4.0 Prequalification is available, but fees and rates are notably absent.


Bankrate considers 18 data points when rating auto loan lenders. Acceptance criteria, whether rates and fees are available and APR range all influence lender scores. These scores are broken up into four categories.

  • Availability: Loan amounts, repayment options, dealership requirements and state availability all contribute to this category.
  • Affordability: This section houses APR ranges, acceptance criteria, fees and discounts. 
  • Customer experience: How long you have to shop, customer service availability, whether there’s an app and autopay availability are accounted for in this section.
  • Transparency: This category accounts for the availability of fees and rates along with whether prequalification is available.
Editorial disclosure: All reviews are prepared by staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.
Written by
Allison Martin

Allison Martin’s work began over 10 years ago as a digital content strategist, and she’s since been published in several leading financial outlets, including The Wall Street Journal, MSN Money, MoneyTalksNews, Investopedia, Experian and

Edited by Auto loans editor