Bank · FDIC insured
Mechanics Bank Auto Loan Rates
Mechanics Bank auto loans start at 5.91% APR for a new vehicle and 5.91% for a used one. Rates checked October 16, 2026.
How Mechanics Bank’s auto loan rates compare
Compared with banks and credit unions near Mansfield, OH, where Mechanics Bank has the most branches. New vehicle, lowest advertised APR first.
This bank’s lowest
Mechanics Bank
5.91%APR
- Terms
- up to 84 months
Auto Loan
Lowest rate
Advantage Credit Union
5.25%APR
- Terms
- up to 75 months
2nd-lowest rate
Directions Credit Union
5.49%APR
- Terms
- up to 84 months
Mechanics Bank auto loan score
68
Auto loan score
Higher than 20% of U.S. banks and credit unions
- New vehicleNew5.91%
- Used vehicleUsed5.91%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Mechanics 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
Subject to credit approval. Rates & terms are subject to change at any time without notice. Origination fee: $275. All rates are subject to an automatic transfer of monthly payments from a Mechanics Bank account; add 0.25% to rates for payments not automatically transferred. APR based on a $20,000 loan amount. No prepayment penalty.
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 5.91% | Vehicle year: 2026. Maximum term: 84 months. |
| up to 72 months | 5.98% | Vehicle year: 2025 & 2024. Maximum term: 72 months. |
| up to 60 months | 6.32% | Vehicle year: 2023 & 2022. Maximum term: 60 months. |
| up to 54 months | 6.38% | Vehicle year: 2021 & 2020. Maximum term: 54 months. |
| up to 48 months | 6.70% | Vehicle year: 2019 & 2018. Maximum term: 48 months. |
Sources (2)
- mymechanics.com/personal/loans-credit/loans/auto-loans
- mymechanics.com/products/auto-loan-rates-2026-2018
All captured Oct 7, 2026
Auto Loan with 10% Down Payment
Subject to credit approval. Rates & terms are subject to change at any time without notice. Origination fee: $275. All rates are subject to an automatic transfer of monthly payments from a Mechanics Bank account; add 0.25% to rates for payments not automatically transferred. APR based on a $20,000 loan amount. No prepayment penalty. 10% down payment required.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 7.17% | Maximum term: 36 months. 10% down payment required. |
Sources (2)
- mymechanics.com/personal/loans-credit/loans/auto-loans
- mymechanics.com/products/auto-loan-rates-2017-2007
All captured Oct 7, 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.