Compare Bank & Credit Union Rates
Best auto loan rates in Connecticut
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 46–60 of 62 in Connecticut · median 5.00% APR
- 5.54%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% reduction for automatic payments from an Affinity account.
Auto loan score 66 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 5.62%APRas low as
Terms
Financing available up to 100% of purchase cost. Term is 5 years/60 months. Minimum loan amount $1,000. Rates as low as 5.615% APR.
Auto loan score 66 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 5.64%APRas low as
Terms
Advertised as-low-as APR assumes excellent borrower credit history and is specific to VA. Advertised rate does not include additional BofA Rewards interest rate discount of 0.10% to 0.50%. Rate guaranteed for 30 days from application approval.
Auto loan score 66 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.75%APRas low as
Terms
Rate advertised as low as 5.75% APR. Terms up to 72 months. Purchase and refinance loans, new or used vehicles.
Auto loan score 68 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.77%APRas low as
Terms
As low as rate for a new Capital One auto loan in October for individuals with excellent credit characteristics.
Auto loan score 65 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.79%APRas low as
Terms
Up to 72 months; up to 120% financing based on NADA book value. Rate based on creditworthiness and term.
Auto loan score 68 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - Waterbury CT Teachers Federal Credit UnionAuto New or Used 2021 - 2026 · up to 84 months
Credit union · 2 branches
5.95%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New Car Only. Monthly repayment of $14.59 per $1000 borrowed. Rate reflects a discount of .25% for automatic payroll deduction, direct deposit or automatic transfer from shares.
Auto loan score 68 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - Connecticut State Police Credit UnionSecured New & Used Auto Loans · up to 72 months
Credit union · 2 branches
5.99%APRas low asTerms
Secured New 72 months Rates as low as 5.99% APR. Actual rate determined by credit history, term of loan, age of security, and credit union policies.
Auto loan score 73 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
Rates as low as. Rates vary by term of loan and individual creditworthiness. Minimum refinance amount of $10,000 is required. Refinances are for non-Achieve loans only. Restrictions may apply. Vehicles must be registered in Connecticut.
Auto loan score 66 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
Assumes qualification for lowest interest rate based on creditworthiness. Monthly payment per $1,000 is $19.56. Schedule-wide APR range is 4.99% - 10.99% depending on creditworthiness and repayment term. Vehicle must be less than two years old.
Auto loan score 64
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit. Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts.
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.33%APRas low as
Terms
APR quoted is based on term of 60 months. Maximum loan amount $50,000. Monthly payment per $1,000 is $19.45.
Auto loan score 63 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 6.75%APRas low as
Auto loan score 62 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.79%APRas low as · up to 15.69%with conditions
6.79% APR, up to 15.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
To qualify for the lowest APR available (6.79%): term must be 48 months or less; collateral model year must be 2025 or newer; must have or open an M&T MyChoice Premium or Power Checking account at time of application; and automatic payment deductions from any M&T checking account must be established. Terms up to 84 months available.
Auto loan score 62 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 7.25%APRas low as · up to 13.25%
7.25% APR, up to 13.25%
Auto loan score 61 · Carrot Score 89
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 Connecticut
62 banks and credit unions · checked Oct 15–22
- Typical
- 5.00%
- Top 10% up to
- 4.44%
- Banks, typical
- 6.12%
- Credit unions, typical
- 4.99%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Connecticut
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- USALLIANCE FinancialCredit union · 1 branch
- MSCUCredit union · 10 branches
- Affinity Federal Credit UnionCredit union · 2 branches