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 16–30 of 88 in New Jersey · median 5.25% APR
- 4.70%APRas low as
Terms
APR as low as. Up to 60 months. $40.00 application fee.
Auto loan score 86 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Term 49 to 60 months. APR based on credit worthiness, loan type, loan to value and term of loan. Vehicle retail value must be $5,000 or greater.
Auto loan score 85 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
As low as 4.74% APR for terms up to 84 months.
Auto loan score 82 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - XCEL Federal Credit UnionNew Auto / Truck / Motorcycle Loans · up to 60 months
Credit union · 1 branch
4.89%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
With Direct Deposit. Standard Auto/Truck. Rate includes 0.50% direct deposit discount (minimum $500/month).
Auto loan score 77 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as · up to 10.49%
4.99% APR, up to 10.49%
Terms
Model Year 2025–2027. Up to $65,000. Rate varies by vehicle and creditworthiness.
Auto loan score 83 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - First Financial Federal Credit UnionNew & Used Auto Loans - Model Year 2022 and Newer · up to 60 months
Credit union · 4 branches
4.99%APRas low asTerms
Model Year 2022 and Newer; Less than 75,000 miles. Rate as low as.
Auto loan score 83 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Advertised 'as low as' APR is determined by risk-based lending and credit scoring. Exact APR determined upon application and credit review. Rates and fees subject to change at any time.
Auto loan score 83 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Subject to credit approval; payment per $1,000 borrowed is $18.87. Payment example: A $20,000 loan at 4.99% APR with a term of 5-years would result in 60 monthly payments of $377.33.
Auto loan score 83 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Base rate for qualified borrowers.
Auto loan score 83 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - ILA Local 1235 Federal Credit UnionNEW AUTO - 100% DEALER INVOICE · up to 60 months
Credit union · 2 branches
4.99%APRas low asTerms
Rate varies based on credit score. Up to 100% dealer invoice financing. Subject to change without notice.
Auto loan score 80 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Auto loan score 79 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
As low as *4.99%†. Special limitations apply on all terms and rates.
Auto loan score 79 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as · up to 10.99%
4.99% APR, up to 10.99%
Terms
Best rate requires credit score of 700 and above; rates up to 10.99% for credit score 499 and below with Board Approval and Co Applicant.
Auto loan score 78 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
As low as rate. Other rates and terms apply.
Auto loan score 78 · Carrot Score 71
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
Includes 0.25% rate reduction for automatic payment from a First Harvest Checking Account.
Auto loan score 75 · Carrot Score 90
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