Compare Bank & Credit Union Rates
Best auto loan rates in Illinois
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 31–45 of 134 in Illinois · median 4.90% APR
- 4.49%APRas low as
Terms
Rate as low as 4.49% APR. Actual rate based on credit worthiness and age of vehicle. Example: $20,000 loan for 36 months at 4.49% APR has a monthly payment of $618.90 fully protected.
Auto loan score 89 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Model Year 2025 & Newer. Standard Term. Annual percentage rates will vary depending on credit score. Add .50% APR for loan terms greater than the standard term. Maximum term is 72 months (90% LTV for all loans over standard term).
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as · up to 8.74%
4.49% APR, up to 8.74%
Auto loan score 89 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - State Farm Federal Credit UnionNew and Used Auto / Truck Loans · up to 60 months
Credit union · 1 branch
4.49%APRas low asTerms
Payment per $1,000 is $18.64 calculated on maximum term available (60 months). Pre-approvals valid for 60 days. Same competitive rate for new and used model years.
Auto loan score 89 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Model Year: New 2026-2025; payment per $1,000 is $18.64
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2025 and Newer. With Auto Buying Service (includes 0.50% APR discount for purchasing at a certified dealer through CCU's Car Buying Service). Assumes automatic payment method. Lowest advertised rate; actual rate based on creditworthiness and other factors.
Auto loan score 83 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
2024-2027 Models. As low as APR. Rate based on creditworthiness and term. Car loans cannot exceed 10 year term.
Auto loan score 89 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
New Cars; 20% Down Payment.
Auto loan score 89 · Carrot Score 90
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as · up to 13.00%
4.50% APR, up to 13.00%
Terms
Vehicle Year: 2025 & Newer (or 2025 or Newer). Credit tiers: 760+ (A+, 4.50%), 700-759 (A, 5.00%), 660-699 (B, 6.25%), 600-659 (C, 7.50%), 0-599 (D, 13.00%). Save 0.25% with Payroll Deduction or ACH Auto Pay.
Auto loan score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
Model years 2022-2025; Up to 60 Months
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - Staley Credit UnionNew & Used Autos (Model Years 2025 and newer) · up to 60 months
Credit union · 3 branches
4.50%APRas low asTerms
5 Year term; Model Years 2025 and newer; Best Rate for 100% financing.
Auto loan score 86 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Auto loan score 85 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
As low as
Auto loan score 82 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
New car rates starting at 4.5%
Auto loan score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.59%APRas low as
Terms
Lowest standard rate based on credit score and creditworthiness.
Auto loan score 89 · Carrot Score 67
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 Illinois
134 banks and credit unions · checked Oct 16–22
- Typical
- 4.90%
- Top 10% up to
- 4.00%
- Banks, typical
- 6.16%
- Credit unions, typical
- 4.75%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Illinois
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Bloomington Municipal Credit UnionCredit union · 1 branch
- First Community Credit UnionCredit union · 7 branches
- Acme Continental Credit UnionCredit union · 1 branch