Compare Bank & Credit Union Rates
Best auto loan rates, new and used
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 76 in Chicago, IL-IN metro · median 4.99% APR
- 3.49%APRas low as
Terms
Enjoy no payments for 3 months. Payment per $1,000 at 3.49% on 36 months is $29.30. Your APR may vary based on creditworthiness, loan amount, age of vehicle, and term of loan.
Auto loan score 99 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 3.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate as low as disclosed applies when automatic payment from the PSFCU Checking Account is selected; rates are 0.25% higher without automatic payment. The rate you receive will be based upon your credit history, collateral, and loan character.
Auto loan score 93 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 3.25%APRas low asunusually low · being checked
Terms
Credit score: Tier A (700 and Up). Maximum loan amount: $60,000 and Up.
Auto loan score 97
Rate checked · Auto loans rates on its site
Rates and branches - Great Lakes Credit UnionNew & Previous Model Year Auto Loan (2025 & 2026) · up to 63 months
Credit union · 18 branches
3.99%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates include discount of 0.25% APR when you set up an automatic payment to pay your loan each month.
Auto loan score 93
Rate checked · Auto loans rates on its site
Rates and branches - Whiting Refinery Federal Credit UnionAutomobile / Vehicle Loans · 48–84 months
Credit union · 1 branch
3.99%APRas low as · up to 9.74%3.99% APR, up to 9.74%
Terms
New & Used 2027-2025 Vehicles. Terms of 72 and 84 Months require a minimum loan of $20,000. Up to 100% financing on new model year of purchase price plus dealer costs, or 100% KBB value on used.
Auto loan score 91 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as
Terms
New Molex loans only. No down payment required.
Auto loan score 88 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - 4.00%APRas low as
Terms
Credit score A 700 and up.
Auto loan score 92 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.09%APRas low as · up to 13.14%with conditions
4.09% APR, up to 13.14%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes up to 0.90% discount. Rates based on creditworthiness and percentage down.
Auto loan score 92 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Auto loan score 88 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as
Terms
Rates as low as 4.25% for 60 months; rates vary by FICO credit score.
Auto loan score 92 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as
Terms
Special rate for A+ tier. Model years 2025-2026. Minimum loan amount $10,000.
Auto loan score 92 · Carrot Score 72
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 - 4.34%APRas low as
Terms
Model years 2025 & newer. Stated as low as.
Auto loan score 87 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.39%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year: New Auto 2025 & Newer. Rates shown include a 0.25% Relationship Discount for qualified borrowers.
Auto loan score 85 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - New Century Federal Credit UnionNew Auto or Truck (2025 & newer) · 37–60 months
Credit union · 2 branches
4.40%APRas low as · up to 11.15%4.40% APR, up to 11.15%
Terms
APR range for 37-60 month term. Subject to credit approval; not all applicants may qualify for the fixed base rate; rate determined by credit history. No annual fee.
Auto loan score 89 · Carrot Score 94
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 Chicago, IL-IN metro
76 banks and credit unions · checked Oct 15–22
- Typical
- 4.99%
- Top 10% up to
- 4.16%
- Banks, typical
- 6.39%
- Credit unions, typical
- 4.99%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Chicago, IL-IN metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Acme Continental Credit UnionCredit union · 1 branch
- Whiting Refinery Federal Credit UnionCredit union · 1 branch
- American Airlines Federal Credit UnionCredit union · 4 branches