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 72 in Philadelphia, PA-NJ-DE-MD metro · median 5.32% APR
- 4.99%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rate as low as 4.99% APR for terms up to 66 months on new auto loans. Loan terms available up to 84 months with limitations.
Auto loan score 81 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - Merck Sharp & Dohme Federal Credit UnionNew & Used Vehicle Loans · up to 60 months
Credit union · 7 branches
4.99%APRas low asTerms
As low as 4.99% APR for terms up to 60 months. Qualifying used vehicles model years 2019-2026. Subject to credit review. My Advantage discount does not apply. Estimated payment per $1,000 borrowed at 4.99% APR is $18.87 for 60 months.
Auto loan score 77 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
APR as low as. Finance up to 100% of the purchase price. Pre-approval available. Copy of purchase invoice and proof of insurance required.
Auto loan score 76 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% rate reduction for automatic payment from a First Harvest Checking Account.
Auto loan score 75 · Carrot Score 90
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Auto Pay rate
Auto loan score 72 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 5.10%APRas low as · up to 7.70%
5.10% APR, up to 7.70%
Terms
Credit rating tiers: A+ (5.10%), A (5.15%), B (5.45%), C (7.70%).
Auto loan score 77 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 5.10%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Loan amount Up to $25,000. Up to 125% of MSRP to include tax, tags, warranties and GAP. Rates include discounts for automatic payment and discounts under the Member Loyalty Program (total rate discounts cannot exceed 1.50%).
Auto loan score 76 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.19%APRas low as
Terms
APR as low as 5.19%. Monthly payment per $1,000 borrowed is $18.96. Rates, terms and conditions vary based on creditworthiness and qualifications.
Auto loan score 75 · Carrot Score 90
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Auto loan score 82 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Auto loan score 79 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
Model Years 2024-2027
Auto loan score 79 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
New Autos are the three most recent model years. Subject to credit approval. Terms up to 84 months. Financing up to 130%.
Auto loan score 79 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Preferred APR for term of 5 years or less. Requires payment by Payroll Deduction with Automatic Payment for preferred rate.
Auto loan score 79 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - Self Reliance Financial Federal Credit UnionNew Vehicle Loan · 49–66 months
Credit union · 4 branches
5.24%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as APR requires automatic monthly payment. 49 to 66 months.
Auto loan score 79 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Up to 75 months; minimum loan $10,000. APR as low as 5.24% for highly credit-qualified borrowers. Stated APR includes 0.25% autopay discount from a Sun East checking account. Same product applies to new or used vehicles.
Auto loan score 79 · 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 Philadelphia, PA-NJ-DE-MD metro
72 banks and credit unions · checked Oct 16–22
- Typical
- 5.32%
- Top 10% up to
- 4.60%
- Banks, typical
- 6.75%
- Credit unions, typical
- 5.24%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Philadelphia, PA-NJ-DE-MD metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Freedom Credit UnionCredit union · 4 branches
- HEFCUCredit union · 1 branch
- Self Reliance Financial Federal Credit UnionCredit union · 4 branches