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 46–60 of 88 in New Jersey · median 5.25% APR
- 5.25%APRas low as
Auto loan score 72 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - Picatinny Federal Credit UnionNew Vehicle (car, truck, van) · up to 60 months
Credit union · 5 branches
5.25%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Advertised as low as 5.25% APR. Example monthly payment: $18.99 per month per $1,000 borrowed at 5.25% APR for 60 months. Includes 0.25% autopay discount.
Auto loan score 68 · Carrot Score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.34%APRas low as · up to 20.69%with conditions
5.34% APR, up to 20.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Available to well-qualified applicants. Includes a 0.25% discount for automated payment from a PNC checking account set up at loan closing; rate increases 0.25% if automated payment is discontinued. Available for 2018-2027 model year non-commercial vehicles with up to 80,000 miles (up to 100,000 miles based on credit qualifications).
Auto loan score 71 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model Years 2025 - 2027
Auto loan score 73 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Reflects A FICO score of 680 or higher and 1.00% reduction for automatic payment.
Auto loan score 72 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Up to 63 Months. Rates as low as stated for members with payroll deduction or automatic payment (otherwise increased by 0.25%). Borrowers of promotional refinance or purchase offer will skip first two payment cycles and then make 63 consecutive monthly payments.
Auto loan score 69 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model Year: 2025-2027 - NEW. Fixed APR disclosed is for 'A' credit and may not be applicable to all. Rates are based on representative credit score and LTV. Rate subject to change.
Auto loan score 69 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Up to 100% financing (including tax and tags). Rate based on borrower's creditworthiness and subject to change without notice. Terms up to 84 months.
Auto loan score 72 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Rate is 'as low as' and subject to credit approval; rate may vary based on creditworthiness and term. Terms up to 72 months and up to 100% financing.
Auto loan score 72 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as · up to 6.50%
5.50% APR, up to 6.50%
Terms
Credit score 600+. Standard Financing across credit tiers (720+: 5.50%, 660-719: 6.00%, 600-659: 6.50%).
Auto loan score 68 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - Division 819 Transit Employees Credit UnionNew Cars / M.C. Loan · up to 60 months
Credit union · 1 branch
5.50%APRas low as · up to 9.50%5.50% APR, up to 9.50%
Terms
Interest rate is based on credit score: 5.5% per annum for FICO 700 and above; 6% per annum for FICO 600-699; 6.5% per annum for FICO 500-599; 8.5%, 9%, or 9.5% per annum for No Score (dependent on debt-to-income ratio). FICO scores below 500 declined.
Auto loan score 67 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Auto loan score 67 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as · up to 9.95%
5.50% APR, up to 9.95%
Terms
Rates span credit tiers A (690+, 125% LTV) through E (549 & below, 100% LTV). Max aggregate amount $35,000 for A and B tier only.
Auto loan score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as 5.50% APR. Rates apply to new vehicles. Includes 0.25% deduction for direct deposit of >=$250/mo into NJFCU checking. Autos >$100K +0.25%, >$200K +0.50%. Document preparation fee $159.00 applies.
Auto loan score 65 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 5.53%APRas low as
Terms
Rates and payment examples assume excellent borrower credit history, a 60-month term and an LTV of 90% or less. Rate applies to loan amounts up to $100,000 (minimum loan amount $3,750). Terms up to 96 months and borrowing up to 115% LTV are available at higher rates based on creditworthiness. $20,000 minimum amount financed required for terms of 85-96 months. Optional payment deferral allows interest to accrue during 90-day period.
Auto loan score 68 · Carrot Score 70
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