Compare Bank & Credit Union Rates
Best auto loan rates in Santa Fe, 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 1–12 of 12 in Santa Fe, NM · median 5.60% APR
- 2.99%APRas low asunusually low · being checked
Terms
New Vehicle (Cost over $15,000). Must add 1% to vehicles >100k miles. Must use J.D. Power retail on new 2019 models.
Auto loan score 87 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
As low as APR for 2023 or newer vehicles. Actual APR based on creditworthiness.
Auto loan score 83 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - Northern New Mexico School Employees Federal Credit UnionNew and Used Auto Under 10 Years · 49–60 months
Credit union · 1 branch
4.75%APRas low as · up to 18.00%4.75% APR, up to 18.00%
Terms
Credit score tiers: 740 and UP (4.75%), 700 - 739 (5.25%), 660 - 699 (6.25%), 620 - 659 (8.25%), 580 - 619 (14.5%), 540 - 579 (16%), 539 and less (18.00%).
Auto loan score 80 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 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 - 5.49%APRas low as · up to 17.74%
5.49% APR, up to 17.74%
Terms
APR ranges from 5.49% for 740+ credit score to 17.74% for 579 and less credit score.
Auto loan score 68 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 5.55%APRas low as
Terms
For 2023 and newer fuel-efficient vehicles (40 CMPG/CMPGe or greater).
Auto loan score 67 · Carrot Score 83
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 - 5.69%APRas low as
Terms
Model years 2023-2027. Up to 125% financing. As low as rate assumes excellent credit history.
Auto loan score 71 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 6.09%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.09% APR for new vehicles model years 2026 and newer with maximum term of 60 months. Includes waiver of $250 origination fee requiring an active UMB Select Checking account. No down payment required.
Auto loan score 63 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit. Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts.
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.39%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Requires excellent and substantial credit, perfected lien, and selecting auto payment from a qualified checking account.
Auto loan score 64 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 6.39%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As of September 23, 2026. Fixed-rate loan amortized over 5 years (60 months). Includes discount for autodraft from a First Citizens checking account. APR based upon an interest rate of 6.25% and an origination fee of $100. Up to 84-month terms available for new auto loans / loans greater than $50,000.
Auto loan score 63 · Carrot Score 66
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 Santa Fe, NM
12 banks and credit unions · checked Oct 16–22
- Typical
- 5.60%
- Top 10% up to
- 4.52%
- Banks, typical
- 6.24%
- 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.
Santa Fe, NM metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Sandia Area Federal Credit UnionCredit union · 1 branch
- State Employees Credit UnionCredit union · 3 branches
- Guadalupe Credit UnionCredit union · 3 branches