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 16–23 of 23 in Illinois · median 6.09% APR
- First Savings Bank of HegewischNew Cars, Vans, SUV's, Light Duty Trucks (2026-2025 Dealers Sales) · up to 60 months
Bank · 9 branches
6.45%APRas low asTerms
90% Loan-to-Value. Payment example $195.43 monthly based on a $10,000.00 loan.
Auto loan score 62 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - First Federal Savings Bank of Mascoutah2021-2025 Model Years "NEW" · up to 63 months
Bank · 3 branches
6.48%APRas low asTerms
Credit score 700+
Auto loan score 62 · Carrot Score 86
Rate checked · Auto loans rates on its site
More details - 6.59%APRas low as · up to 10.29%
6.59% APR, up to 10.29%
Terms
Motor Vehicle. Typical range of interest rates based on creditworthiness, length and amount of loan, and age of collateral. Higher rates may apply for older collateral. Stated rate does not include optional 0.25% autopay discount from Commerce checking or savings account. Available for new and used car, trucks, and motorcycle loans. Subject to credit approval. Minimum loan amount $7,000.00.
Auto loan score 62 · Carrot Score 60
Rate checked · Auto loans rates on its site
More details - 7.00%APRas low as
Terms
Vehicle model year: 2025-New
Auto loan score 61 · Carrot Score 86
Rate checked · Auto loans rates on its site
More details - 7.03%APRas low as
Terms
Vehicle Year: 2024-New. APR is based on a loan amount of $20,000.00 and reflects representative credit terms for clients with a FICO score of 720 or above. Monthly payment per $1,000 borrowed as low as $19.63. Subject to credit approval.
Auto loan score 62 · Carrot Score 70
Rate checked · Auto loans rates on its site
More details - North Shore BankAuto Loan Interest Rates for 2025+ Model Year Vehicles · up to 60 months
Bank · 1 branch
7.25%APRas low asTerms
Payment is $19.92 per $1,000 borrowed. Available to well-qualified borrowers.
Auto loan score 61 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 7.51%APRas low as
Terms
Rates as low as 7.51% APR based upon loan amount and creditworthiness. Advertised APR assumes excellent credit history, is based on an average loan amount of $40,000 borrowed over 60 months, includes $257 in account opening fees, and equates to a monthly payment of $799.87. Some loans may be eligible for additional relationship-based account benefits for checking account clients.
Auto loan score 61
Rate checked · Auto loans rates on its site
More details - 7.52%APRas low as
Terms
New/Used 2024 through 2027 vehicles. Higher credit scores receive stated rate; lower scores result in higher rates. 0.25% discount available with automatic funds transfer from OSB Checking or Savings Account.
Auto loan score 61 · Carrot Score 69
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