Compare Bank & Credit Union Rates
Best auto loan rates in Des Moines, IA
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 1–15 of 16 in Des Moines, IA · median 4.92% APR
- 4.14%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model years 2024 to 2026. Includes 0.50% Loyalty Discount (Standard APR as low as 4.64%). Up to 60 Months.
Auto loan score 93 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Model years 2026-2023. Rates are with qualifying credit.
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - Capitol View Credit UnionNew Vehicle & Motorcycle Loans (2024 and Newer) · up to 60 months
Credit union · 1 branch
4.49%APRas low asTerms
Loyalty Rate: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Auto loan score 87 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Loan special: As low as rate includes a loyalty discount. Receive $100 cash at closing for purchased vehicles or loans refinanced from another lender (current loans with FCCCU do not qualify). Terms up to 7 years (84 months). Example: $20,000 for 60 months at 4.49% APR has a monthly payment of $372.77. Loans under First Class Acceptance program are not eligible for 100 days no payments.
Auto loan score 87 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.52%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
2025 & Newer model years. Reflects 0.75% direct deposit and automatic payment discount.
Auto loan score 89 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.54%APRas low as
Terms
Rate as low as stated based on creditworthiness and term.
Auto loan score 88 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
2022 Model Years & Newer
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.89%APRas low as
Terms
Rates based on A+ credit rating, subject to credit approval. LTV 120% or lower of the JD Power Retail Value.
Auto loan score 86 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 4.94%APRas low as
Terms
Model year 2024 & Newer. 'Term' represents maximum number of months. APR as low as with qualifying credit.
Auto loan score 86 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
For 2024 and newer autos and motorcycles with less than 45,000 miles. Example: 60 monthly payments of $377.33 for $20,000 borrowed at 4.99% APR.
Auto loan score 80 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model year 2024 and Newer. Rates quoted with all available discounts, subject to change, based on credit history. 1.00% added when refinancing an existing Premier loan.
Auto loan score 79 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 5.09%APRas low as
Terms
Model year 2024 & newer. Term 60 months. Qualified credit. Rates as low as shown.
Auto loan score 81 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model year 2025 or newer.
Auto loan score 73 · Carrot Score 74
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 - 6.08%APRas low as
Terms
For vehicle model year 2022 or newer. Rates start as low as stated. Payment example based on a $25,000 loan amount ($484.48/mo). Exclusive rate for Hy-Vee PERKS® members or Hy-Vee / Hy-Vee subsidiary employees.
Auto loan score 65 · Carrot Score 86
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 Des Moines, IA
16 banks and credit unions · checked Oct 16–22
- Typical
- 4.92%
- Top 10% up to
- 4.49%
- Banks, typical
- 6.08%
- Credit unions, typical
- 4.74%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Des Moines, IA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Collins Community Credit UnionCredit union · 2 branches
- Serve Credit UnionCredit union · 2 branches
- Advantage Credit UnionCredit union · 1 branch