Compare Bank & Credit Union Rates
Best auto loan rates in Germantown, TN
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 21 in Shelby County, TN · median 4.50% APR
- 3.90%APRas low as
Auto loan score 94 · Carrot Score 76
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 · 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 - 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 - 4.29%APRas low as
Terms
As low as rate for 37-60 months on new vehicles (2025 and newer model years). Assumes excellent credit.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rate 'as low as'. APR requires full direct deposit; to qualify for the 0.50% direct deposit discount, a minimum of $1,000 per month in direct deposits for two consecutive months is required. Up to 120% financing on approved credit.
Auto loan score 89 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Stated 'rates as low as 4.49% APR' apply to well-qualified applicants with credit scores of 760, loan terms of 36 months, and vehicles with less than 80,000 miles. Loan term, loan to value (LTV), and/or down payment may vary based on credit history. Flexible terms available up to 96 months. Payment example: 36 monthly payments of approximately $29.80 per $1,000 borrowed at 4.49% APR.
Auto loan score 89 · Carrot Score 97
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Lowest available rate for 60 months; rate based on credit score and term; subject to credit approval.
Auto loan score 89 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as · up to 5.49%
4.49% APR, up to 5.49%
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 86 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
New Auto Loans 4.49% Loan Promotion for 60 Month New Vehicle Loans.
Auto loan score 85 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
Rates as low as stated APR for term 37 - 60 months.
Auto loan score 87 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
New vehicle
Auto loan score 87 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as · up to 17.99%
4.50% APR, up to 17.99%
Terms
Conditions vary. Terms 12 to 84 months available. Finance up to 115% of vehicle value. 60-day payment deferral available for qualifying loans funded 07/01/2026 to 12/31/2026.
Auto loan score 87 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.69%APRas low as
Terms
Vehicle Year: 2025 & Newer. Rates are as low as and indicate an A+ rate.
Auto loan score 88 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate is 'as low as' 4.99% APR for terms up to 84 months. Rates vary based on creditworthiness and other factors.
Auto loan score 83 · Carrot Score 81
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 Shelby County, TN
21 banks and credit unions · checked Oct 15–22
- Typical
- 4.50%
- Top 10% up to
- 3.99%
- Banks, typical
- 5.94%
- Credit unions, typical
- 4.49%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Memphis, TN-MS-AR metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- LGWFCUCredit union · 1 branch
- Leaders Credit UnionCredit union · 2 branches
- Memphis City Employees Credit UnionCredit union · 6 branches