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 16–30 of 76 in Chicago, IL-IN metro · median 4.99% APR
- 4.44%APRas low as
Terms
Applies to New Vehicles only. Rates quoted assume excellent borrower credit history and may be higher depending on individual credit rating.
Auto loan score 88 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Rate as low as 4.49% APR. Actual rate based on credit worthiness and age of vehicle. Example: $20,000 loan for 36 months at 4.49% APR has a monthly payment of $618.90 fully protected.
Auto loan score 89 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
With A-1 credit and a savings account at U S Federal Credit Union. Minimum $2,500 loan to qualify. Existing loans with U S Federal Credit Union not eligible.
Auto loan score 89 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2025 and Newer. With Auto Buying Service (includes 0.50% APR discount for purchasing at a certified dealer through CCU's Car Buying Service). Assumes automatic payment method. Lowest advertised rate; actual rate based on creditworthiness and other factors.
Auto loan score 83 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
2024-2027 Models. As low as APR. Rate based on creditworthiness and term. Car loans cannot exceed 10 year term.
Auto loan score 89 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as · up to 18.00%
4.50% APR, up to 18.00%
Terms
Loan rates vary due to Risk Based Lending Guidelines.
Auto loan score 89 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as · up to 13.00%
4.50% APR, up to 13.00%
Terms
Vehicle Year: 2025 & Newer (or 2025 or Newer). Credit tiers: 760+ (A+, 4.50%), 700-759 (A, 5.00%), 660-699 (B, 6.25%), 600-659 (C, 7.50%), 0-599 (D, 13.00%). Save 0.25% with Payroll Deduction or ACH Auto Pay.
Auto loan score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.59%APRas low as
Terms
Lowest standard rate based on credit score and creditworthiness.
Auto loan score 89 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 4.59%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Requires a minimum loan amount of $15,000. As low as APR reflects a one-time $59 loan processing fee for funded loans, LTV \u2264 80% for secured collateral, credit score \u2265 725, active checking account or minimum deposit relationship of $10,000, and direct deposit or auto pay from a Verve account. APR based on a $20,000 loan.
Auto loan score 89 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.65%APRas low as
Terms
Rates are based on credit score. Minimum score to qualify is 500; scores below 625 require co-signer.
Auto loan score 85 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates shown offered to members meeting select credit criteria, including -.25% discount for Autopay. Other rates and terms available based on creditworthiness. For used cars, the age of the vehicle may limit maximum loan term.
Auto loan score 87 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Valid for model years 2027-2025. Rates are subject to change and based on loan term, model year, and credit history.
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Rate as low as 4.75% APR. New and used vehicle terms up to 84 months.
Auto loan score 87 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - Earthmover Credit UnionNew Vehicles- 2026 & 2025 model years less than 10000 miles Includes auto, truck, recreation vehicles, motorcycles (less than 1,000 miles) · 49–60 months
Credit union · 6 branches
4.89%APRas low as · up to 14.29%4.89% APR, up to 14.29%
Auto loan score 81 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 4.89%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
2025 & Newer; includes automatic payment option
Auto loan score 77 · Carrot 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 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