Compare Bank & Credit Union Rates
Best auto loan rates in New Jersey
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 88 in New Jersey · median 5.25% APR
- 3.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate as low as disclosed applies when automatic payment from the PSFCU Checking Account is selected; rates are 0.25% higher without automatic payment. The rate you receive will be based upon your credit history, collateral, and loan character.
Auto loan score 93 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 3.59%APRas low as · up to 14.69%
3.59% APR, up to 14.69%
Terms
Rate is determined by credit risk score; 30% down for lowest rate; additional .25% discount if payroll deducted.
Auto loan score 96 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - Atlantic City Electric Company Employees FCUNew Vehicle Loans · up to 72 months
Credit union · 1 branch
3.75%APRas low asTerms
Term up to 72 months and 100% financing depend upon credit worthiness.
Auto loan score 91 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 3.84%APRas low as
Terms
Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar.
Auto loan score 91 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - Bay Atlantic Federal Credit UnionAuto Loan (Model Year 2027 - 2024) · up to 72 months
Credit union · 2 branches
3.99%APRas low asTerms
Borrow up to 125% Loan to Value. 72 monthly payments of $15.64 when you borrow $1,000.00.
Auto loan score 94 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - Hoboken School Employees Federal Credit UnionAuto Loans -- New or Used Under 3 years · up to 84 months
Credit union · 1 branch
3.99%APRas low as · up to 12.50%3.99% APR, up to 12.50%
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as
Terms
New vehicles. For loans over $30,000. Rate based on credit history, collateral, and loan characteristics.
Auto loan score 88 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.09%APRas low as · up to 13.14%with conditions
4.09% APR, up to 13.14%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes up to 0.90% discount. Rates based on creditworthiness and percentage down.
Auto loan score 92 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 4.29%APRas low as
Terms
As low as rate for 37-60 months on new vehicles (2025 and newer model years). Assumes excellent credit.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.38%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate advertised is as low as and based on credit worthiness. Rate advertised includes a 0.50% discount on electronic payment from a United Teletech Checking Account and a 0.25% discount for new auto purchases. A new auto is defined as a motor vehicle that: 1) Has never been registered or titled in the name of a consumer, 2) Is from the current or most recent previous model year, and 3) Has less than 7,500 miles. Dealer rate match with proof of dealer offer. Rate must be reflected in firm offer of credit and is subject to underwriter approval. Loans over 90% CLTV may be subject to an increase in APR. Flexible loan terms up to 84 months.
Auto loan score 79 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Rates as low as.
Auto loan score 86 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Auto loan score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
Requires 5%-40% down payment.
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.55%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
APR requires auto payment. 60-day first payment deferral. Does not apply to existing Members 1st of NJ FCU loan refinancing. Rates effective April 1, 2026.
Auto loan score 83 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - Riegel Federal Credit UnionNew Vehicle (Car & Motorcycle) · up to 60 months
Credit union · 3 branches
4.59%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
'As Low As' rates include Riegel FCU Autopay discount, when applicable.
Auto loan score 81 · Carrot Score 71
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 New Jersey
88 banks and credit unions · checked Oct 16–22
- Typical
- 5.25%
- Top 10% up to
- 4.35%
- Banks, typical
- 6.74%
- Credit unions, typical
- 5.24%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
New Jersey
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Altra Federal Credit UnionCredit union · 1 branch
- PenFed Credit UnionCredit union · 1 branch
- Bridgeton Onized Federal Credit UnionCredit union · 2 branches