Compare Bank & Credit Union Rates
Best auto loan rates in Massachusetts
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 91–105 of 131 in Massachusetts · median 5.49% APR
- 6.02%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Car Model Years 2023 – 2027. Rate includes a 1/4% discount for automatic loan payments withdrawn from an MCU Essential/Premium Checking account. $19.34 Monthly Payment per $1,000.
Auto loan score 60 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 6.09%APRas low as
Terms
Model years 2025-2026. Credit score of 730 or higher and mileage under 100,000 required for lowest rate. Repayment example: 60 monthly payments of $19.37 per $1,000 borrowed at 6.09% APR.
Auto loan score 65 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 6.14%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model year 2022–2027 (or 2022–2026). Cost / $1,000 is 18.61. Assumes pairing with active Direct Advantage Checking.
Auto loan score 64 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Model Year 2026-2021; 100% of Retail of NADA Book Value LTV (up to 125% LTV available); Payment per $1,000 borrowed is $18.66 based on highest number of months in term; Minimum loan amount $2,500 for 12- to 60-Month Financing
Auto loan score 65 · Carrot Score 70
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 - 6.24%APRas low as
Terms
Estimated cost per $1,000 is $17.94.
Auto loan score 63 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - 6.25%APRas low as
Terms
Vehicle model years 2025-2027. Max term 60 months. Minimum term 12 months. Minimum loan $800. Monthly payment per $1,000 is $19.45. Rate discounts available with automatic payment deduction from Perks or Rewards checking.
Auto loan score 64 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 6.25%APRas low as
Terms
10% down payment required. $35,000.00 maximum loan. 5 year maximum loan term. Monthly Payments Per $1,000 Borrowed: $19.45.
Auto loan score 62 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 6.39%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As of September 23, 2026. Fixed-rate loan amortized over 5 years (60 months). Includes discount for autodraft from a First Citizens checking account. APR based upon an interest rate of 6.25% and an origination fee of $100. Up to 84-month terms available for new auto loans / loans greater than $50,000.
Auto loan score 63 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - Luso Federal Credit UnionNew Auto/Truck Loan: 2025 or Newer · up to 84 months
Credit union · 2 branches
6.45%APRas low asTerms
Up to 100% MSRP financing. Payment per $1,000 borrowed: $14.60. Requires $75 VSI insurance fee. APR based on $5,000 loan amount.
Auto loan score 63 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - Central One Federal Credit UnionMotor Vehicle Acquisition Program (MAP) · up to 60 months
Credit union · 9 branches
6.49%APRas low asAuto loan score 63 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 6.50%APRas low as
Terms
Rate reflects excellent/strong credit worthiness. Cost per thousand: $19.57.
Auto loan score 63 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 6.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Reduced APR includes a 0.25% discount with Direct Deposit and Auto Pay (authorizing Coastal Heritage Bank to automatically deduct minimum payment from a Coastal Heritage checking account).
Auto loan score 62 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 6.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% auto-pay discount with Mechanics Cooperative Bank checking account. Fixed monthly payment of $19.57 per $1,000 for 60 months.
Auto loan score 62 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 6.50%APRas low as
Terms
Model Year 2025 - New. Max term 60 months. A .25% reduction in rate is available at closing when signed up for auto deduction. Financing available up to 100% of contracted purchase price or MSRP, whichever is less. Monthly payment example: $19.57 per $1,000.
Auto loan score 62 · Carrot Score 77
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 Massachusetts
131 banks and credit unions · checked Oct 15–22
- Typical
- 5.49%
- Top 10% up to
- 4.50%
- Banks, typical
- 6.79%
- 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.
Massachusetts
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Hanscom Federal Credit UnionCredit union · 14 branches
- USALLIANCE FinancialCredit union · 1 branch
- The Village BankBank · 10 branches