Compare Bank & Credit Union Rates
Best auto loan rates in Iowa
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 71 in Iowa · median 5.00% APR
- 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 - 4.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
APR as low as 4.74% for 2024-2026 vehicles. Includes automatic payment rate discount. Rate based on approved credit.
Auto loan score 83 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - The Family Credit UnionNew & Used Vehicles, Trucks, Motorcycles 2023 – 2026 · up to 60 months
Credit union · 7 branches
4.74%APRas low asTerms
Up to 60 months. Includes a 10% down payment for fixed APR up to 60 months.
Auto loan score 83 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
60 Month New Auto Loans. Model Year 2024 and Newer. New/Refinance. Rates displayed include the additional All-In Member Pricing interest rate discount up to 0.50% APR. Requirements: 21+ debit or credit card transactions per month (transaction count is not a combination of debit and credit card transactions; debit posted within calendar month, credit posted between 27th of previous month and 26th of current month; excludes ATM/cash) and minimum of $1,500 in direct deposit(s) and/or mobile deposit within last 31 days into qualifying account; must maintain open consumer checking account within same membership. Electronic payment indicated; add 1% for non-electronic payment method.
Auto loan score 82 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Vehicle year: 2025 - 2024. Member Loyalty Loan Rate Discount includes a 0.50% APR discount for members with active direct deposit totaling $500+ per month to a Cobalt checking account, at least one loan/HELOC/mortgage/credit card open at application, and accounts in good standing.
Auto loan score 73 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
New Vehicles. Secured loans over $20K may extend out one additional year.
Auto loan score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as · up to 10.00%with conditions
4.75% APR, up to 10.00%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Lowest rate requires credit score 700+, active checking/direct deposit, and payment deducted from Siouxland FCU account. Coupon book payment adds 0.25%.
Auto loan score 87 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Model Year: 2023 - New. APR as low as.
Auto loan score 83 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - DuTrac Community Credit UnionNew or Used Cars & Trucks - 2024 & Newer · up to 66 months
Credit union · 14 branches
4.80%APRas low asTerms
66 payments at $17.27 per $1,000 borrowed.
Auto loan score 86 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - IH Mississippi Valley Credit Union2024 or Newer Auto Loan · up to 60 months
Credit union · 6 branches
4.89%APRas low asTerms
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 - 4.95%APRas low as
Terms
As low as rate for cars/trucks; add 1% for titled collateral (motorcycles, snowmobiles, ATVs, motor homes, campers, watercraft). Subject to credit approval and membership eligibility.
Auto loan score 86 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Fixed-rate loans with terms up to 84 months based on newness of vehicle. Rate determined by credit score tier; vehicles with MSRP > $75,000 may have higher rate.
Auto loan score 83 · Carrot Score 82
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
2024-2026 model years with less than 20,000 miles. Available to members with qualifying credit and member relationships.
Auto loan score 83 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
2026, 2025, 2024
Auto loan score 81 · Carrot Score 73
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 Iowa
71 banks and credit unions · checked Oct 16–22
- Typical
- 5.00%
- Top 10% up to
- 4.49%
- Banks, typical
- 6.24%
- Credit unions, typical
- 4.94%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Iowa
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Collins Community Credit UnionCredit union · 9 branches
- Serve Credit UnionCredit union · 2 branches
- Advantage Credit UnionCredit union · 1 branch