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 91–105 of 117 in Illinois · median 4.89% APR
- 5.00%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model years 2027 - 2026. Rate is As Low As, based on A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit).
Auto loan score 79 · Carrot Score 78
Rate checked · Auto loans rates on its site
More details - 5.09%APRas low as
Terms
Applies to 2024 & newer models. APR as low as 5.09% based on creditworthiness.
Auto loan score 82 · Carrot Score 78
Rate checked · Auto loans rates on its site
More details - 5.11%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
2026 & Newer; 66 months; advertised rate based off top tier credit qualifications, platinum checking and automatic payment discounts, 100.00% LTV or less.
Auto loan score 77 · Carrot Score 94
Rate checked · Auto loans rates on its site
More details - 5.14%APRas low as
Terms
APR as low as based on creditworthiness and underwriting standards. Up to 0.50% rate discount for all-electric/plug-in electric vehicles and switching to eStatements.
Auto loan score 82 · Carrot Score 86
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
Model Year 2020-2027 Vehicle Loans. 76-84-month financing available only on loans of $20,000 or more only on 2020-2027 model year.
Auto loan score 80 · Carrot Score 76
Rate checked · Auto loans rates on its site
More details - 5.25%APRas low as · up to 10.50%
5.25% APR, up to 10.50%
Terms
Rates across credit score tiers A/0-200 to D/601-1000. Experian credit bureau risk score determines rate.
Auto loan score 79 · Carrot Score 73
Rate checked · Auto loans rates on its site
More details - 5.25%APRas low as
Auto loan score 79 · Carrot Score 73
Rate checked · Auto loans rates on its site
More details - 5.25%APRas low as
Terms
Rates subject to change without notice.
Auto loan score 74 · Carrot Score 72
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
Applicable to 2026 & '27 models; new purchases only. Includes 0.10% member relationship discount and 0.25% autopay discount.
Auto loan score 84 · Carrot Score 74
Rate checked · Auto loans rates on its site
More details - 5.29%APRas low as
Auto loan score 76 · Carrot Score 68
Rate checked · Auto loans rates on its site
More details - 5.39%APRas low as
Terms
Payment example per $1,000 borrowed: $19.09.
Auto loan score 73 · Carrot Score 68
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Model year 2025 or newer.
Auto loan score 74 · Carrot Score 75
Rate checked · Auto loans rates on its site
More details - Tech Credit UnionCar - Truck - Harley Davidson Loan Special! · up to 75 months
Credit union · 2 branches
5.49%APRas low aswith conditionsThis rate needs autopay.
Terms
Interest Rate is 5.49% APR without auto debit. 2019-2021 vehicles eligible up to 60 months; newer model years up to 75 months. Applicant must have a 640+ credit score (if joint, at least one applicant must have 640+). Prepaid finance charge of $199.00.
Auto loan score 74 · Carrot Score 70
Rate checked · Auto loans rates on its site
More details - 5.50%APRas low as
Auto loan score 68 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - 5.54%APRas low as
Terms
Applicable to 2024-27 Model Year. Advertised as low as; based on member credit qualification and total loan amount.
Auto loan score 72 · Carrot Score 80
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