Compare Bank & Credit Union Rates
Best auto loan rates in Farmington, NM
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 1–4 of 4 in Farmington, NM · median 5.56% APR
- 5.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Vehicle Year 2022-2027. Rate as low as 4.74% APR with MemPerx Max Benefit. Determined on approved credit; 'as low as' rates assume excellent borrower credit history. Minimum loan balances may apply.
Auto loan score 79 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - First Financial Credit UnionNew & Used Vehicles (Up to 5 Years Old) · up to 60 months
Credit union · 2 branches
5.49%APRas low asTerms
Maximum term 60 months; estimated monthly payment $382.00 on $20,000 loan.
Auto loan score 69 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 5.64%APRas low as
Terms
Advertised as-low-as APR assumes excellent borrower credit history and is specific to VA. Advertised rate does not include additional BofA Rewards interest rate discount of 0.10% to 0.50%. Rate guaranteed for 30 days from application approval.
Auto loan score 66 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 6.53%APRas low as · up to 12.70%
6.53% APR, up to 12.70%
Terms
Term Minimum APR 6.53% (rate 6.44%) based on $35,000 loan amount, 60-month term, new vehicle, and excellent credit. Term Maximum APR 12.70% (rate 10.59%) based on $2,500 loan amount, 36-month term, new vehicle, and lowest acceptable credit score. 0.50% autopay discount from Zions Bank Gold Account available. $75 loan fee applies.
Auto loan score 63 · Carrot Score 63
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 Farmington, NM
4 banks and credit unions · checked Oct 7–22
- Typical
- 5.56%
- Top 10% up to
- 5.32%
- Banks, typical
- 6.08%
- Credit unions, typical
- 5.36%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Farmington, NM metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- First Financial Credit UnionCredit union · 2 branches