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 61–75 of 100 in Tennessee · median 4.99% APR
- 5.00%APRas low as · up to 16.00%
5.00% APR, up to 16.00%
Terms
Up to 15,000 miles. Credit score range: 500-850. Financing 80% or less of vehicle value may qualify for a 0.50% rate discount. Rate based on creditworthiness and term of loan.
Auto loan score 74 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - Trust Federal Credit UnionNew Automobiles (up to 25,000 miles) · up to 63 months
Credit union · 3 branches
5.19%APRas low asTerms
Rate as low as 5.19% for 63 months. Vehicle up to 25,000 miles.
Auto loan score 73 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rates current as of 10/1/2026. Rate may vary based on creditworthiness, amount financed, and loan terms. The APR may increase or decrease during the term of the loan based on changes in an interest rate index (WSJ prime rate plus internal spread).
Auto loan score 77 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rates determined by credit score, term, and age of collateral. Terms range from 12 months to 84 months. Loans are subject to approval and restrictions apply. Rate as low as 5.25% APR.
Auto loan score 77 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rates as low as 5.25% APR. Rates and terms based on individual's credit score and qualifications. Hard inquiry credit report required. Membership required. All loans subject to approval. No application fees. New, used, and refinance options mentioned.
Auto loan score 77 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 77 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 5.34%APRas low as · up to 20.69%with conditions
5.34% APR, up to 20.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Available to well-qualified applicants. Includes a 0.25% discount for automated payment from a PNC checking account set up at loan closing; rate increases 0.25% if automated payment is discontinued. Available for 2018-2027 model year non-commercial vehicles with up to 80,000 miles (up to 100,000 miles based on credit qualifications).
Auto loan score 71 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - City & County Credit UnionNew Vehicle: model year 2026 - 2025 · up to 60 months
Credit union · 1 branch
5.44%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% APR autopay discount from CCCU account. Subject to credit qualifications.
Auto loan score 68 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - 5.45%APRas low as
Terms
Advertised offer applies only to vehicles with less than 100K miles. The estimated monthly payment is $14.35 per $1,000 borrowed for 84 months at 5.45% APR. Loan rate based on credit score, term, and loan amount. Loans currently financed with Enrichment FCU are not eligible.
Auto loan score 75 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model years (2020-2026). Payment example per $1,000-Maximum Term is $18.00.
Auto loan score 73 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
2021 - Current New or Used Auto.
Auto loan score 70 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 17.64%
5.49% APR, up to 17.64%
Terms
No Minimum loan value. Based on an APR of 5.49%, monthly payment on a $10,000 loan amount and a 60-month term would be $191.37.
Auto loan score 69 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Vehicle 12 years old or less. APR is based on creditworthiness/credit score/Beacon score.
Auto loan score 72 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - Copper Basin Federal Credit UnionNew & Used Vehicles 2026 - 2021 · up to 60 months
Credit union · 1 branch
5.50%APRas low asTerms
Rates as low as.
Auto loan score 67 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Auto loan score 67
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