Compare Bank & Credit Union Rates
Best auto loan rates in Tennessee
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 100 in Tennessee · median 4.99% APR
- 3.75%APRas low as
Terms
Up to 84 months. Term varies by amount financed.
Auto loan score 96 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 3.75%APRas low as
Terms
New Auto ('26 or Newer). Up to 120% amount. Payment per $1,000 is $16.58- $29.40.
Auto loan score 87 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 3.89%APRas low as
Terms
Current year, <5,000 miles. Rates are based on credit history, terms of loan, payment type, and other potential conditions. 10 Days grace period for repayment.
Auto loan score 92 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 3.90%APRas low as
Auto loan score 94 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 3.90%APRas low as · up to 9.90%
3.90% APR, up to 9.90%
Auto loan score 92 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 3.95%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Starting at / as low as 3.95% APR. Maximum 84 months. Advertised rate includes .25% discount for a loan-to-value of 90% or less. Rates based on creditworthiness and loan term. Approved rates are fixed at consummation.
Auto loan score 93 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as
Terms
Applies to 2020-2023 model vehicles. Terms up to 72 months. Subject to credit approval and model year.
Auto loan score 94 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as
Terms
Fixed rate. Lowest available rate; actual rate may be higher depending on credit score.
Auto loan score 91 · Carrot Score 97
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as · up to 12.49%
3.99% APR, up to 12.49%
Auto loan score 91 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - Chattanooga Federal Employees Credit UnionVehicles up to 25,000 miles · up to 60 months
Credit union · 1 branch
4.00%APRas low asTerms
As low as APR based on credit worthiness. Monthly payment per $1,000 borrowed is $18.42.
Auto loan score 94 · Carrot Score 94
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 - 4.25%APRas low as · up to 15.75%
4.25% APR, up to 15.75%
Terms
Minimum $30,000.00 for loans financed for 72 months and above.
Auto loan score 92 · Carrot Score 98
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as · up to 16.25%
4.25% APR, up to 16.25%
Terms
New collateral; interest calculated as simple interest on unpaid balances.
Auto loan score 89 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as
Terms
Rates as low as 4.25% APR. The term of 84-months is for new autos only.
Auto loan score 89 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.29%APRas low as · up to 13.19%
4.29% APR, up to 13.19%
Terms
Mileage: 0-25K Miles
Auto loan score 92 · Carrot Score 94
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 Tennessee
100 banks and credit unions · checked Oct 15–22
- Typical
- 4.99%
- Top 10% up to
- 4.08%
- Banks, typical
- 6.12%
- Credit unions, typical
- 4.75%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Tennessee
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Knoxville TVA Employees Credit UnionCredit union · 24 branches
- LGWFCUCredit union · 1 branch
- Bowater Credit UnionCredit union · 5 branches