Compare Bank & Credit Union Rates
Best auto loan rates in Minnesota
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 70 in Minnesota · median 5.17% APR
- 4.75%APRas low as · up to 17.25%
4.75% APR, up to 17.25%
Terms
Interest rate is based on credit score factors and the term of the loan. Financing is based on the MSRP, NADA or purchase price, whichever is less. Up to 100% financing.
Auto loan score 87 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.79%APRas low as
Terms
Rates and terms based on approved credit, FICO score, and loan type. 0.25% rate discount available with Auto Pay.
Auto loan score 86 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 4.81%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 4.24% (APR as low as 4.807%). Assumes 0.25% discount for active checking account. Rate based on creditworthiness. Minimum APR loan payment example: $10,000 for 36 months with $85 doc fee has 4.807% APR. Max term varies based on credit score and loan amount.
Auto loan score 82 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - Farm Credit Employees Federal Credit UnionAuto Loan - New (2026/2025) · up to 60 months
Credit union · 1 branch
4.89%APRas low as · up to 5.39%4.89% APR, up to 5.39%
Terms
Rate is 5.39% APR or 4.89% APR with max discount (up to 0.50% reduction for automatic payroll deduction, new member, or GAP/MRC).
Auto loan score 80 · Carrot Score 74
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: 2023 and newer. APR and terms may vary depending upon credit qualifications, age of collateral, payment protection package, and Direct Deposit of payroll, social security or retirement with AutoPay set up from a Genisys checking or savings account.
Auto loan score 83 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Special promotional financing through September 30, 2026 on new and used vehicles (cars, trucks, and SUVs) for up to 60 months. Valid on new loans financed through North Star Credit Union only; existing loans are not eligible. Membership eligibility and credit approval required.
Auto loan score 83 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
2027-2026 New / Under 7,000 miles. Quoted APR is the best rate offered.
Auto loan score 81 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
2024 and newer; 5 year term
Auto loan score 81 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Model year 2021 and newer. Rate as low as.
Auto loan score 80 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Model years 2021 – 2026. Monthly payment example $377.33 based on a $20,000 loan and maximum loan term.
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 autopay and a checking account, direct deposit or relationship with the lender.
Terms
Year 2024 and newer. Requires automatic payments (without auto pay the APR will be 0.25% higher). Payment example: $18.87 per $1,000 borrowed.
Auto loan score 79 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
New Purchase
Auto loan score 78 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rates are quoted 'as low as' and subject to evaluation of your credit.
Auto loan score 76 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
Model year 2024 or newer.
Auto loan score 82 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New Cars, Pickups. Fixed rates as low as 5.00% APR. Rates subject to credit approval and vary based on credit, payment history, and repayment period. Stated rate includes a 0.25% discount for members with an active checking account and a 0.25% discount with automatic repayment.
Auto loan score 76 · Carrot Score 98
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 Minnesota
70 banks and credit unions · checked Oct 16–22
- Typical
- 5.17%
- Top 10% up to
- 4.49%
- Banks, typical
- 6.09%
- Credit unions, typical
- 5.08%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Minnesota
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Greater Community CUCredit union · 4 branches
- Altra Federal Credit UnionCredit union · 4 branches
- VisionBankBank · 1 branch