Bank · FDIC insured
Independent Bank Auto Loan Rates
Independent Bank auto loans start at 6.62% APR for a new vehicle and 6.62% for a used one. Rates checked October 16, 2026.
How Independent Bank’s auto loan rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Independent Bank has the most branches. New vehicle, lowest advertised APR first.
This bank’s lowest
Independent Bank
6.62%APR
- Terms
- up to 84 months
- Discount
- Included in the rate
Auto Loan - 84 Month
Lowest rate
Meijer Credit Union
4.24%APR
- Terms
- —
- Discount
- None included
2nd-lowest rate
GR Consumers Credit Union
4.25%APR
- Terms
- —
- Discount
- None included
Independent Bank auto loan score
62
Auto loan score
Higher than 7% of U.S. banks and credit unions
- New vehicleNew6.62%
- Used vehicleUsed6.62%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Independent Bank ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the bank’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Auto Loan - 84 Month
Rates listed are available for borrowers with a 750 or greater credit score, loan amounts greater than $1,000, and for automobiles 2023 and newer for this non-real estate collateralized product. Standard processing fee of $175.00 applies. Rate includes discount for auto pay through Independent Bank checking or savings account. Terms typically range from 24 to 84 months.
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 6.62% | Rate includes discount for auto pay through Independent Bank checking or savings account (6.49% interest rate / 6.62% APR). Available for credit score 750 or greater, automobiles 2023 and newer, and loan amounts greater than $1,000. Standard processing fee of $175.00 applies. |
Sources (2)
All captured Oct 16, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.