State rules

Wyoming auto loan rules

Wyoming has 99 Census places covered on AutoLoanable, with a combined estimated population of 401,086. Vehicle financing in Wyoming 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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36% cap state usury cap
4% statewide state vehicle sales tax
No statute vehicle title loans
Wyoming Division of Banking state regulator

Key rules for car buyers in Wyoming

RuleDetailSource
Maximum legal interest rate (usury cap) 36% per year on unpaid principal balances up to $1,000; 21% above $1,000 (Wyo. Stat. § 40-14-310(g))
Source says: shall not exceed the equivalent of thirty-six percent (36%) per year on that part of the unpaid balances of the principal
Wyoming Legislature (Wyoming Statutes)
as of 2026-09-17
Vehicle title loan status No title-loan-specific statute; title loans are consumer loans under the Wyoming Uniform Consumer Credit Code, with finance charges capped at 36% per year on balances up to $1,000 and 21% per year above $1,000.
Source says: "A loan finance charge ... shall not exceed the equivalent of thirty-six percent (36%) per year on that part of the unpaid balances of the principal that is equal to or less than one thousand dollars ($1,000.00)..." License category: consumer lender license (Wyoming Division of Banking, Uniform Consumer Credit Code).
Wyoming Legislature — W.S. § 40-14-310
as of 2026-09-17
Sales finance / installment lender licensing Consumer Lender, Sales Finance Company, Post-Dated Check Casher, and Pawnbroker licenses via NMLS; licensing mandatory per location including online
Source says: Licensing is mandatory for every location where business is regularly conducted Motor-vehicle retail installment sales are separately governed by the Wyoming Uniform Consumer Credit Code (Article 2 - Consumer Credit Sales) (W.S. § 40-14-101 et seq.; § 40-14-212).
Wyoming Division of Banking
as of 2026-09-17
State lending regulator Wyoming Division of Banking
Source says: The Division is responsible for the chartering and regulation of Wyoming state banks, trust companies, mortgage companies, as well as non-bank financial companies.
Wyoming Division of Banking
as of 2026-09-17
Sales tax on vehicle purchases 4% statewide rate; county voter-approved additions generally bring combined rates to 4-8%
Source says: "Sales/use tax is made up of two components: the mandatory statewide 4% rate and any voter-approved pennies."
Wyoming Department of Revenue - Excise Tax Division
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 Wyoming 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 Wyoming

We cover 99 Census places in Wyoming.

Frequently asked questions

What interest rate can a lender charge on a car loan in Wyoming?
It depends on the product and the statute that governs it. The sourced table on this page lists Wyoming'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 Wyoming?
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 Wyoming?
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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