Compare Bank & Credit Union Rates
Best auto loan rates in Madison, WI
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 1–14 of 14 in Madison, WI · median 5.76% APR
- Madison Fire Department Credit UnionAuto Loan (2024 - 2026) · up to 60 months
Credit union · 1 branch
4.87%APRas low asTerms
Model year 2024 - 2026. Payment per $1,000 borrowed is $18.81.
Auto loan score 86 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Auto loan score 78 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 9.99%
5.24% APR, up to 9.99%
Terms
Standard rates for credit scores 750+ (A+) down to 599-0 (E).
Auto loan score 73 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Vehicle: New. Payment per $1,000 is $18.99.
Auto loan score 73 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.29%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2025 or newer. Stated APR includes 1% Digital Banking/eStatements discount and 1% electronic auto-pay discount.
Auto loan score 72 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.39%APRas low as
Terms
2024-27 Model Year; rates as low as stated; APR based on member credit qualification and total loan amount.
Auto loan score 76 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.74%APRas low as · up to 17.24%
5.74% APR, up to 17.24%
Terms
New Car, Trucks, Motorcycles, Boats, and Motor Homes (2024 and newer). Term 61 - 72 months. Minimum loan amount $20,000. Regular, non-promotional rates range between 4.49% – 17.24% APR based on credit history.
Auto loan score 65 · Carrot Score 71
Rate checked · Auto loans rates on its site
Rates and branches - 5.77%APRas low as
Terms
APR as low as 5.77%. Monthly payment per $1,000 borrowed is $19.11. Minimum loan amount $1,000.
Auto loan score 68 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 5.84%APRas low as
Terms
Model Year: 2026 & 2025. Pmt/$1,000: $19.44.
Auto loan score 68 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 5.95%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model years 2024 to 2026 (New). Rate is as low as. Stated rate reflects discount for electronic payments and established Summit Credit Union checking account.
Auto loan score 64 · Carrot Score 78
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 - 6.09%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.09% APR for new vehicles model years 2026 and newer with maximum term of 60 months. Includes waiver of $250 origination fee requiring an active UMB Select Checking account. No down payment required.
Auto loan score 63 · Carrot Score 88
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 - 6.24%APRas low as · up to 16.49%with conditions
6.24% APR, up to 16.49%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Lowest rate includes automatic payment and electronic document discount.
Auto loan score 63 · Carrot Score 83
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 Madison, WI
14 banks and credit unions · checked Oct 15–22
- Typical
- 5.76%
- Top 10% up to
- 5.07%
- Banks, typical
- 6.09%
- Credit unions, typical
- 5.39%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Madison, WI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- UW Credit UnionCredit union · 17 branches
- Marine Credit UnionCredit union · 2 branches
- Blackhawk Community Credit UnionCredit union · 1 branch