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 91–100 of 100 in Tennessee · median 4.99% APR
- Knoxville Teachers Federal Credit UnionNew Car Variable Loan · up to 72 months
Credit union · 9 branches
6.00%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Auto loan score 64 · Carrot Score 61
Rate checked · Auto loans rates on its site
Rates and branches - 6.01%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.005% APR on loans for new or pre-owned cars and trucks with terms up to 84 months. Based on highest credit tier; includes 0.25% autopay discount and $175 processing fee. Example given for 2025 or newer vehicle, 60-month term on $20,000 loan at 5.64% interest rate (6.005% APR).
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.14%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Lowest rates based on Credit Union's Qualified Loan Program. Rate is determined by credit qualifications, amount financed, collateral, and loan terms. A 0.25% APR discount is available with auto-debit or direct deposit to an ORNL FCU account.
Auto loan score 65 · Carrot Score 73
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 - Upper Cumberland Federal Credit UnionYR 2018 - 2026 Autos · up to 60 months
Credit union · 4 branches
6.25%APRas low asTerms
Rates As Low As (APR*) for 0 - 60 months. Credit Risk Score determines rate: A+ = 730 and above, A = 680-729, B = 650-679, C = 600 - 649. Subject to 18.00% APR rate ceiling.
Auto loan score 64
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 - 6.85%APRas low as · up to 18.00%
6.85% APR, up to 18.00%
Terms
With approved credit. Rate based on credit score, term of loan, and age of collateral. Up to 100% of Sticker or NADA Retail Value + Taxes, Tags.
Auto loan score 62 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 7.17%APRas low as · up to 18.00%
7.17% APR, up to 18.00%
Terms
Term up to 60 months. Advertised interest rate as low as 6.75% (7.171% APR) and no more than 18.00% APR. For vehicles up to 2 years old.
Auto loan score 61 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 7.41%APRas low as · up to 7.81%
7.41% APR, up to 7.81%
Terms
Current fixed rates range from 7.41% to 7.81% APR for terms from 3 to 6 years, subject to credit approval. Rates may change. Normal Credit approval criteria apply.
Auto loan score 61
Rate checked · Auto loans rates on its site
Rates and branches - 7.49%APRas low as · up to 17.99%
7.49% APR, up to 17.99%
Terms
Up to 100% MSRP. Lowest rates require excellent credit (beacon score 740+) and DTI 49% or less.
Auto loan score 60 · Carrot Score 61
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