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 31–45 of 100 in Tennessee · median 4.99% APR
- 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
Certain conditions apply. Subject to credit criteria.
Auto loan score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as · up to 11.00%
4.50% APR, up to 11.00%
Terms
Vehicle model years 2022-2027. Plan code 87 AA. Tier G (740 & ABOVE): 4.50% APR; Tier A (710-739): 4.75% APR; Tier B (680-709): 5.00% APR; Tier C (650-679): 6.00% APR; Tier D (620-649): 8.00% APR; Tier E (619 & BELOW): 11.00% APR.
Auto loan score 89
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
October, November, & December Auto Loan Specials (purchases only): up to 60 mos.
Auto loan score 87 · Carrot Score 71
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 - Staley Credit UnionNew & Used Autos (Model Years 2025 and newer) · up to 60 months
Credit union · 1 branch
4.50%APRas low asTerms
5 Year term; Model Years 2025 and newer; Best Rate for 100% financing.
Auto loan score 86 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate is as low as 4.50% APR for terms of 3 to 7 years (36-84 months). Rate based on creditworthiness and loan term. Lowest rates includes discounts available of 0.25% for automatic payment and 0.25% for direct deposit into an IFCU checking account.
Auto loan score 83 · Carrot Score 78
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 - 4.74%APRas low as · up to 12.24%
4.74% APR, up to 12.24%
Terms
Rates accurate as of October 15, 2026 and are subject to change. Collateral type New Auto. Term 36 - 120 months. APR refers to Annual Percentage Rate; listed rates are our best rates and your rate may be higher depending on credit history, underwriting criteria and loan amount. Payment example is based on $20,000 for 75 months.
Auto loan score 85 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as · up to 9.49%
4.74% APR, up to 9.49%
Auto loan score 85 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Rates begin at 4.75%. Credit restrictions may apply. Call the loan officer for more details and current rates.
Auto loan score 87 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Under $15,000. Rate reduction of 0.25% allowed with qualifying services/accounts. Payment example: $29.86-$31.57.
Auto loan score 87 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Model year 2022 or newer with pre-approval. 'As Low As' rate based on Credit Union's Merit-Based Loan Program. Rate determined by credit qualifications, amount financed, collateral and loan terms.
Auto loan score 87 · Carrot Score 76
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