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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.

Vehicle
Institution
Location
In Chicago, IL-IN metro

Top new-car loan rates

Showing 61–75 of 76 in Chicago, IL-IN metro · median 4.99% APR

  1. Top Carrot, Carrot Score 91
    Members Advantage Credit UnionAuto Loan · up to 60 months

    Credit union · 1 branch

    5.75%APRas low as · up to 9.49%
  2. Purdue Federal Credit UnionVehicles 2025 and Newer · up to 60 months

    Credit union · 1 branch

    5.89%APRas low aswith conditions
  3. REGIONAL federal credit unionNew and Used Auto Loans · up to 84 months

    Credit union · 4 branches

    5.89%APRas low aswith conditions
  4. Old National BankAuto Loans for New and Used Vehicles · up to 84 months

    Bank · 86 branches

    6.01%APRas low aswith conditions
  5. ChaseNew car purchase · up to 60 months

    Bank · 265 branches

    6.24%APRas low as
  6. American Bank & TrustAuto Loans · up to 72 months

    Bank · 1 branch

    6.38%APRas low aswith conditions
  7. OSB Community BankNew/Used – 2023 through 2026 · up to 60 months

    Bank · 1 branch

    6.41%APRas low aswith conditions
  8. First Savings Bank of HegewischNew Cars, Vans, SUV's, Light Duty Trucks (2026-2025 Dealers Sales) · up to 60 months

    Bank · 14 branches

    6.45%APRas low as
  9. First Merchants BankCar and Vehicle Loans · up to 60 months

    Bank · 12 branches

    6.49%APRas low as
  10. Top Carrot, Carrot Score 89
    Everwise Credit UnionAuto Purchase Loans · up to 60 months

    Credit union · 5 branches

    6.69%APRas low as
  11. Great Horizons FCUNew Car Rates · up to 60 months

    Credit union · 1 branch

    6.99%APRas low as
  12. Top Carrot, Carrot Score 87
    First State BankAuto Loans · up to 60 months

    Bank · 7 branches

    7.00%APRas low as
  13. Top Carrot, Carrot Score 89
    North Shore BankAuto Loan Interest Rates for 2025+ Model Year Vehicles · up to 60 months

    Bank · 1 branch

    7.25%APRas low as
  14. Top Carrot, Carrot Score 89
    Self-Help Federal Credit UnionNew Car · up to 84 months

    Credit union · 8 branches

    7.25%APRas low as · up to 13.25%
  15. Planites Credit UnionNew & Used Vehicle Loans · up to 84 months

    Credit union · 1 branch

    7.50%APRas low as

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

  1. Acme Continental Credit UnionCredit union · 1 branch
  2. American Airlines Federal Credit UnionCredit union · 4 branches
See all ranked institutions