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 23 in Illinois · median 6.09% APR
- 4.25%APRas low as
Terms
Age: NEW
Auto loan score 90 · Carrot Score 86
Rate checked · Auto loans rates on its site
More details - 4.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as 4.99% APR. Example: 5 year term (60 monthly payments), loan amount of $20,000.00 at 4.99% APR with monthly payments of $377.33. Applicant's interest rate determined by credit score, collateral, term of loan, and automatic deduction from an FCB account. Financing available for up to seven years for newer vehicles.
Auto loan score 84 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 5.29%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Financing up to 72 months. Automatic payment from BVNB deposit account required. Actual APR may vary based on other factors. Example: A 60-month $25,000 fixed-rate secured auto loan at 4.49% APR has a monthly payment of $465.98.
Auto loan score 78
Rate checked · Auto loans rates on its site
More details - 5.34%APRas low as · up to 20.69%with conditions
5.34% APR, up to 20.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Available to well-qualified applicants. Includes a 0.25% discount for automated payment from a PNC checking account set up at loan closing; rate increases 0.25% if automated payment is discontinued. Available for 2018-2027 model year non-commercial vehicles with up to 80,000 miles (up to 100,000 miles based on credit qualifications).
Auto loan score 72 · Carrot Score 75
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Applies to NEW: 2025 - 2026 vehicles. Payment per $1,000 borrowed is $19.10. Interest rate will vary depending on credit score, term, and year of auto. Subject to credit and underwriting approval.
Auto loan score 68 · Carrot Score 66
Rate checked · Auto loans rates on its site
More details - 5.56%APRas low as
Terms
Rates as low as.
Auto loan score 72 · Carrot Score 67
Rate checked · Auto loans rates on its site
More details - 5.64%APRas low as
Terms
Advertised as-low-as APR assumes excellent borrower credit history and is specific to VA. Advertised rate does not include additional BofA Rewards interest rate discount of 0.10% to 0.50%. Rate guaranteed for 30 days from application approval.
Auto loan score 66 · Carrot Score 65
Rate checked · Auto loans rates on its site
More details - 5.78%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate applies to new, untitled 2026 and 2027 vehicle purchases only, terms up to 72 months. APR based on an example loan amount of $40,000 with an interest rate of 5.70% for 72 months, and a monthly payment of $658.85. Rate also reflects a 0.25% interest rate reduction for automatic loan payments deducted from a GNB checking or savings account which must be active at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.25% will be added to the rate.
Auto loan score 63
Rate checked · Auto loans rates on its site
More details - 5.79%APRas low as
Terms
Vehicle age 2025-New. Rates as low as stated.
Auto loan score 67 · Carrot Score 60
Rate checked · Auto loans rates on its site
More details - 5.82%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
60-month term example on a $40,000 loan amount on a 2025 or newer model year vehicle at 5.64% interest rate (5.822% APR) resulting in a monthly payment of $766.63, including 0.25% autopay discount and $175 processing fee financed into the loan. Highest credit tier.
Auto loan score 69 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - 6.09%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit ($870.81 monthly payment). Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts. May not include a $195 loan origination fee for Indiana applications.
Auto loan score 66 · Carrot Score 60
Rate checked · Auto loans rates on its site
More details - 6.09%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.09% APR for new vehicles model years 2026 and newer with maximum term of 60 months. Includes waiver of $250 origination fee requiring an active UMB Select Checking account. No down payment required.
Auto loan score 63 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - 6.26%APRas low as
Terms
Requires 10% down payment. APR and payments based on a $15,000 loan example and may differ based on loan amount, credit score, and term.
Auto loan score 62 · Carrot Score 79
Rate checked · Auto loans rates on its site
More details - 6.38%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle year: NEW. Based on automatic loan payments from an AMBank deposit account and a 731 credit score.
Auto loan score 63 · Carrot Score 71
Rate checked · Auto loans rates on its site
More details - 6.41%APRas low as
Terms
Model years 2026 & 2025 (new & program). APR based on $20,000 loan amount, $75 loan fee, $39 Lender's Single Insurance premium. Excludes 0.25% auto-transfer discount.
Auto loan score 63 · Carrot Score 66
Rate checked · Auto loans rates on its site
More details
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 Illinois
23 banks and credit unions · checked Oct 23–Nov 7
- Typical
- 6.09%
- Top 10% up to
- 5.30%
- Banks, typical
- 6.09%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Illinois
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Bloomington Municipal Credit UnionCredit union · 1 branch
- Acme Continental Credit UnionCredit union · 1 branch
- First Community Credit UnionCredit union · 7 branches