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 51 in Minneapolis, MN-WI metro · median 5.24% APR
- 3.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle 2023 & newer. Rate includes 0.75% discount for automatic loan payment from a Magnifi account.
Auto loan score 88 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - St. Paul Federal Credit UnionAuto Model Years – LESS than 8 years old · up to 60 months
Credit union · 3 branches
4.29%APRas low asTerms
Lowest Annual Percentage Rate (APR). Based on creditworthiness and term.
Auto loan score 92 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.29%APRas low as
Terms
2023+ model years; no payments for 60 days. Other terms and rates available.
Auto loan score 89 · Carrot Score 90
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 - 4.49%APRas low as
Terms
Payment example: $18.87 per $1000 borrowed
Auto loan score 89 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
For model year 2021 and newer vehicles. Promotional rate for applications received September 1, 2026, through October 31, 2026. Maximum term 72 months. No additional rate discounts apply. Subject to credit approval.
Auto loan score 83
Rate checked · Auto loans rates on its site
Rates and branches - Associated Healthcare Credit UnionNew Auto (2025 & Newer) · up to 84 months
Credit union · 5 branches
4.74%APRas low aswith conditionsThis rate needs a checking account, direct deposit or relationship with the lender.
Terms
Payment is $14.02 per $1,000 borrowed.
Auto loan score 83 · Carrot Score 89
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
Model year 2023 and newer. Includes a 0.25% automatic payment discount. Payment per $1,000 is $18.98.
Auto loan score 83 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.79%APRas low as
Terms
Rates and terms based on approved credit, FICO score, and loan type. 0.25% rate discount available with Auto Pay.
Auto loan score 86 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 4.81%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 4.24% (APR as low as 4.807%). Assumes 0.25% discount for active checking account. Rate based on creditworthiness. Minimum APR loan payment example: $10,000 for 36 months with $85 doc fee has 4.807% APR. Max term varies based on credit score and loan amount.
Auto loan score 82 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - Farm Credit Employees Federal Credit UnionAuto Loan - New (2026/2025) · up to 60 months
Credit union · 1 branch
4.89%APRas low as · up to 5.39%4.89% APR, up to 5.39%
Terms
Rate is 5.39% APR or 4.89% APR with max discount (up to 0.50% reduction for automatic payroll deduction, new member, or GAP/MRC).
Auto loan score 80 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model Year: 2023 and newer. APR and terms may vary depending upon credit qualifications, age of collateral, payment protection package, and Direct Deposit of payroll, social security or retirement with AutoPay set up from a Genisys checking or savings account.
Auto loan score 83 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
2027-2026 New / Under 7,000 miles. Quoted APR is the best rate offered.
Auto loan score 81 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
2024 and newer; 5 year term
Auto loan score 81 · Carrot Score 86
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 Minneapolis, MN-WI metro
51 banks and credit unions · checked Oct 16–22
- Typical
- 5.24%
- Top 10% up to
- 4.49%
- Banks, typical
- 6.09%
- Credit unions, typical
- 5.17%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Minneapolis, MN-WI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- VisionBankBank · 1 branch
- Luminate BankBank · 1 branch
- St. Paul Federal Credit UnionCredit union · 3 branches