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 117 in Illinois · median 4.89% APR
- 4.24%APRas low as
Terms
Vehicle Year: 2023 and Newer. 60 monthly payments of $18.50 per $1,000.00 borrowed. Subject to credit approval; rates vary depending on loan length, credit score, and collateral value. Existing CCNCU loans are excluded from this rate.
Auto loan score 93 · Carrot Score 95
Rate checked · Auto loans rates on its site
More details - 4.24%APRas low as
Terms
Model year 2024 & Newer.
Auto loan score 93 · Carrot Score 93
Rate checked · Auto loans rates on its site
More details - 4.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Auto loan score 89 · Carrot Score 91
Rate checked · Auto loans rates on its site
More details - 4.25%APRas low as
Terms
Rates as low as 4.25% for 60 months; rates vary by FICO credit score.
Auto loan score 93 · Carrot Score 97
Rate checked · Auto loans rates on its site
More details - 4.25%APRas low as
Terms
Rates are determined by Credit Score, Down Payment, Term and Credit Worthiness and are subject to change without notice.
Auto loan score 93 · Carrot Score 81
Rate checked · Auto loans rates on its site
More details - HealthCare Associates Credit UnionAuto Loans (Everyday Auto Loan) · up to 84 months
Credit union · 4 branches
4.25%APRas low asTerms
Model Year 2026–2024. Rate listed is accurate as of 11/01/2026 and applies to new and used vehicle loans. Payment example: 12-month term rate of 4.25% APR, $85.26 per $1,000 borrowed. Rates vary based on credit score and term.
Auto loan score 93 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 4.34%APRas low as
Terms
Model years 2025 & newer. Stated as low as.
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 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 86 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - New Century Federal Credit UnionNew Auto or Truck (2025 & newer) · 37–60 months
Credit union · 2 branches
4.40%APRas low as · up to 11.15%4.40% APR, up to 11.15%
Terms
APR range for 37-60 month term. Subject to credit approval; not all applicants may qualify for the fixed base rate; rate determined by credit history. No annual fee.
Auto loan score 90 · Carrot Score 95
Rate checked · Auto loans rates on its site
More details - 4.40%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
2024 and Newer Vehicles 100% financing up to 72 months. Rate received is based on personal credit rating. Reflects auto pay discount.
Auto loan score 89 · Carrot Score 94
Rate checked · Auto loans rates on its site
More details - 4.44%APRas low as
Terms
Applies to New Vehicles only. Rates quoted assume excellent borrower credit history and may be higher depending on individual credit rating.
Auto loan score 88 · Carrot Score 82
Rate checked · Auto loans rates on its site
More details - 4.49%APRas low as · up to 22.00%
4.49% APR, up to 22.00%
Terms
Based on creditworthiness.
Auto loan score 90 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 4.49%APRas low as
Terms
Rate as low as 4.49% APR. Actual rate based on credit worthiness and age of vehicle. Example: $20,000 loan for 36 months at 4.49% APR has a monthly payment of $618.90 fully protected.
Auto loan score 90 · Carrot Score 93
Rate checked · Auto loans rates on its site
More details - State Farm Federal Credit UnionNew and Used Auto / Truck Loans · up to 60 months
Credit union · 1 branch
4.49%APRas low asTerms
Payment per $1,000 is $18.64 calculated on maximum term available (60 months). Pre-approvals valid for 60 days. Same competitive rate for new and used model years.
Auto loan score 90 · Carrot Score 95
Rate checked · Auto loans rates on its site
More details - 4.49%APRas low as
Terms
Model Year: New 2026-2025; payment per $1,000 is $18.64
Auto loan score 89 · Carrot Score 88
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
117 banks and credit unions · checked Nov 6–7
- Typical
- 4.89%
- Top 10% up to
- 4.00%
- Credit unions, typical
- 4.89%
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