State rules

Pennsylvania auto loan rules

Pennsylvania has 1,013 Census places covered on AutoLoanable, with a combined estimated population of 5,602,115. Vehicle financing in Pennsylvania is governed by state law — the interest-rate caps, title-lending rules, sales-finance licensing and the regulator that oversees them. The sourced figures below apply to every car loan made to a borrower in the state.

By the AutoLoanable Editorial Team · Last updated 2026-09-17

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6% cap state usury cap
6% statewide state vehicle sales tax
No statute vehicle title loans
Pennsylvania Department of… state regulator

Key rules for car buyers in Pennsylvania

RuleDetailSource
Maximum legal interest rate (usury cap) 6% per annum maximum for loans of $50,000 or less where no lower rate is contracted (41 P.S. 201(a)).
Source says: "the maximum lawful rate of interest for the loan or use of money... shall be six per cent per annum" (Loan Interest and Protection Law, Section 201(a)).
Pennsylvania General Assembly (Laws of Pennsylvania, Act 6 of 1974)
as of 2026-09-17
Vehicle title loan status No title-loan-specific statute or license; licensed consumer discount companies may make secured loans up to $25,000 but charges are capped at 9.5% per year discount plus a service charge (max $150), or 2% per month on revolving accounts, so high-cost motor-vehicle title loans are not authorized.
Source says: "charge, contract for, receive or collect interest or discount at a rate not to exceed nine dollars and fifty cents ($9.50) per one hundred dollars ($100) per year" License category: Consumer discount company license (Pennsylvania Department of Banking and Securities).
Pennsylvania General Assembly — Consumer Discount Company Act, 7 P.S. § 6213(E)
as of 2026-09-17
Sales finance / installment lender licensing Consumer Discount Company Act license required for non-mortgage consumer loans above 6%; licensed lenders may charge up to 24% on loans of $25,000 or less.
Source says: "A consumer discount company is a business corporation that negotiates or makes non-mortgage loans or advances of money on credit." Motor-vehicle retail installment sales are separately governed by the Motor Vehicle Sales Finance (12 Pa.C.S. ch. 62; succeeded the Motor Vehicle Sales Finance Act of 1947) (12 Pa.C.S. §§ 6201-6275).
Pennsylvania Department of Banking and Securities
as of 2026-09-17
State lending regulator Pennsylvania Department of Banking and Securities (DoBS)
Source says: "The Department of Banking and Securities regulates financial services in Pennsylvania."
Pennsylvania Department of Banking and Securities
as of 2026-09-17
Sales tax on vehicle purchases 6% state rate; local rates additional (1% Allegheny County, 2% Philadelphia)
Source says: "The Pennsylvania sales tax rate is 6 percent. By law, a 1 percent local tax is added to purchases made in Allegheny County, and 2 percent local tax is added to purchases made in Philadelphia."
Pennsylvania Department of Revenue — Sales, Use and Hotel Occupancy Tax
as of 2026-09-17

How to use these rules

  1. Check the ceiling before you compare offers

    If a quoted APR looks extreme, compare it against the Pennsylvania cap above — and note that a specific statutory exemption can apply to a particular product.

  2. Verify the lender is licensed

    Use the regulator named in the table to confirm the lender or sales-finance company may legally serve borrowers in the state.

  3. Know what is secured against your car

    A vehicle title loan is secured by the car itself. If the state permits it, understand the repossession terms before you sign anything.

  4. Budget for tax and fees separately

    Sales tax and title fees are financed along with the car, so they raise the amount you borrow — and therefore the interest you pay on them.

Cities in Pennsylvania

We cover 1,013 Census places in Pennsylvania.

Frequently asked questions

What interest rate can a lender charge on a car loan in Pennsylvania?
It depends on the product and the statute that governs it. The sourced table on this page lists Pennsylvania's usury cap, its motor-vehicle sales-finance rules and the licensing requirements, each with its publisher and a link to the primary source.
Are title loans legal in Pennsylvania?
Vehicle title lending is regulated state by state; some states permit it under a licensed lender, some cap it, and some prohibit it outright. See the sourced figure on this page for the current position, and confirm it with the state regulator before you sign anything.
Do I need a license to finance a car in Pennsylvania?
Most consumer lenders and motor-vehicle sales-finance companies must be licensed by the state regulator named on this page. You can verify a lender's licence with that regulator before you sign anything.

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