Compare Bank & Credit Union Rates
Best auto loan rates in Lakeland, FL
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 1–11 of 11 in Lakeland, FL · median 5.64% APR
- 4.34%APRas low as
Terms
Model years 2025 & newer. Stated as low as.
Auto loan score 87 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.60%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
APR as low as 4.60% for New Automobile. Rate includes up to 0.50% in discounts (0.10% autopay, 0.15% direct deposit, 0.25% Auto Advisors). Fixed rate.
Auto loan score 82 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 5.09%APRas low as
Terms
Fixed rate. Advertised 'As Low As' APR applies to terms up to 72 months. Rates vary based on term. First payment may be due up to 90 days from closing/application date.
Auto loan score 76 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 5.23%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes a one-time $150 loan origination fee and 0.65% interest rate discount for automatic payment draft from a SouthState checking account. 5.23% APR is based on an example loan amount of $42,500 for a term of 72 months with monthly payments of $686.61.
Auto loan score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
As low as rate for terms up to 72 months on new cars. A 72-month loan with a 5.50% APR has an estimated monthly payment of $16.34 per thousand dollars borrowed. May be eligible for longer terms subject to approval at potentially higher rates.
Auto loan score 68 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.64%APRas low as
Terms
Applicable to 2025 and newer autos. Repayment terms up to 72 months. Minimum rate reflects best credit tier; rates are based on credit score and subject to change.
Auto loan score 71 · Carrot Score 72
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 - 5.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates shown are for well qualified borrowers. Actual rates may vary based on credit history, loan purpose, amount, loan-to-value, term, and vehicle year. Includes a 0.25% discount for borrowers who set up Auto Pay at loan closing and finance a 2019 or newer vehicle with a term of 66 months or less. Auto pay is optional.
Auto loan score 66 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
As low as rate based on creditworthiness. Members who purchase through Auto Assistance get 0.50% off qualifying rate.
Auto loan score 66 · Carrot Score 85
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 - 7.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate includes 0.25% discount for ACH payments. Qualifying RV and Watercraft loans with balances of $50,000+ ($100,000+) are subject to higher rates.
Auto loan score 61 · Carrot Score 63
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 Lakeland, FL
11 banks and credit unions · checked Oct 15–22
- Typical
- 5.64%
- Top 10% up to
- 4.60%
- Banks, typical
- 5.64%
- Credit unions, typical
- 5.57%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Lakeland, FL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- PenFed Credit UnionCredit union · 1 branch
- Suncoast Credit UnionCredit union · 3 branches
- Lake Michigan Credit UnionCredit union · 1 branch