Compare Bank & Credit Union Rates
Best auto loan rates in Alabama
Compare the lowest advertised APRs for new and used vehicle loans from banks and credit unions, with terms, conditions and original sources.
Top new-car loan rates
Showing 16–30 of 58 in Alabama · median 5.00% APR
- 4.75%APRas low as
Terms
Rate shown is as low as.
Auto loan score 87 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Current & prior 2 model years. Member credit score determines actual rate; published rates are as low as.
Auto loan score 85 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
As low as 4.75% APR. Terms up to 72 months (6 years). $20,000 minimum amount financed for new auto loans over 72 months. Up to 120% financing. 0.25% APR discount for relationship banking.
Auto loan score 83 · Carrot Score 98
Rate checked · Auto loans rates on its site
Rates and branches - 4.89%APRas low as
Terms
Rates shown are generally the lowest currently available based on creditworthiness.
Auto loan score 86 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.95%APRas low as
Terms
A Rate; 61 months
Auto loan score 82 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
New Vehicle; finance $20,000 or more for 72 months; payment $17.00 per $1,000 Borrowed
Auto loan score 83 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Estimated payment per $1000 is $17.36.
Auto loan score 81 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Auto loan score 81 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Credit score 715+. Lowest available APR.
Auto loan score 78 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Minimum loan amount $10,001 on loans with a term of more than 48 months. Lowest rate available for Tier 1 credit, includes discount for automatic payment from an NGFCU checking or savings account. Monthly payment of $19.00 per $1,000 borrowed.
Auto loan score 71 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as · up to 18.00%
5.00% APR, up to 18.00%
Terms
Subject to credit approval.
Auto loan score 82 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
Lowest possible rate; rates vary based on individual creditworthiness. Minimum loan amount $3,000.
Auto loan score 81 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
Fixed APR as low as 5.00% for 1 to 60 months. Assumes excellent borrower credit history. Applicable to 2024-2027 model years with less than 10,000 miles. Optional 60-day deferred payment available. Payment example: $25,000 financed for 60 months at 5.00% fixed APR = 59 payments of $473.52 and a final payment of $473.27.
Auto loan score 78 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
New/Used (Current yr - 3 yrs old) 2026-2023
Auto loan score 77 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
New (Current year)
Auto loan score 74 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches
Each institution’s lowest advertised APR for the vehicle, at terms that reach 60 months: usually its best-credit rate, so yours depends on your credit, the term and the vehicle. A rate that needs autopay, a checking account or similar says “with conditions”; More filters can leave those out. Refinance, lease buyout, recreational and promotional rates that have ended are left out, and a rate far below what other lenders advertise is listed lower down until it’s checked. Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates. How we rank
What new auto loans cost in Alabama
58 banks and credit unions · checked Oct 15–22
- Typical
- 5.00%
- Top 10% up to
- 4.28%
- Banks, typical
- 5.28%
- Credit unions, typical
- 5.00%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Alabama
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Auburn University Credit UnionCredit union · 3 branches
- ASE Credit UnionCredit union · 9 branches
- AOD Federal Credit UnionCredit union · 6 branches