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 63 in Louisiana · median 5.24% APR
- 3.49%APRas low as
Terms
As Low As rate. Based on individual's credit history and capacity to repay.
Auto loan score 93 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - 3.75%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rate shown is as low as 3.75% APR for terms up to 72 months. Includes a 1.00% APR discount for members with active direct deposit and a 0.25% APR discount for a 48-month loan term. Rate depends on creditworthiness.
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 3.90%APRas low as
Terms
For a limited time only. Rate determined by past credit performance.
Auto loan score 87 · Carrot Score 79
Rate checked · Auto loans rates on its site
More details - 3.99%APRas low as
Terms
Rates as low as 3.99% for 60 months; APR varies by term; terms up to 7 years (84 months). Depend on credit worthiness.
Auto loan score 95 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - 4.14%APRas low as
Terms
Rates as low as 4.14% apr. Finance new or used vehicles. Terms up to 90 months. Up to 130% Loan to Value.
Auto loan score 94 · Carrot Score 82
Rate checked · Auto loans rates on its site
More details - 4.25%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% discount for automatic payment.
Auto loan score 86 · Carrot Score 85
Rate checked · Auto loans rates on its site
More details - 4.49%APRas low as · up to 5.49%
4.49% APR, up to 5.49%
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 87 · Carrot Score 90
Rate checked · Auto loans rates on its site
More details - 4.50%APRas low as · up to 10.00%
4.50% APR, up to 10.00%
Terms
Tiered by credit rating: A+ 4.50% APR, A 5.00% APR, B 6.00% APR, C 8.00% APR, D 10.00% APR; E credit rating is N/A. Minimum loan amount is $40,000.00 (may go lower if total vehicle price is higher due to down payment or trade-in).
Auto loan score 88 · Carrot Score 87
Rate checked · Auto loans rates on its site
More details - 4.50%APRas low as
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 88 · Carrot Score 87
Rate checked · Auto loans rates on its site
More details - 4.50%APRas low as · up to 15.50%
4.50% APR, up to 15.50%
Terms
Credit score bands 720+ (Paper Grade A: 4.50%) to 579 or less (Paper Grade E: 15.50%). LTV max 125% of MSRP for A, B, C paper; max 115% for D & E paper. Min. Amt Fin. For 60 months = $15,000.
Auto loan score 87 · Carrot Score 75
Rate checked · Auto loans rates on its site
More details - 4.50%APRas low as
Terms
90-100% financing. Term up to 72 months.
Auto loan score 86 · Carrot Score 81
Rate checked · Auto loans rates on its site
More details - 4.50%APRas low as · up to 18.00%
4.50% APR, up to 18.00%
Terms
New or Used Above 8O% Financing; rates vary by credit rating (A Plus to E)
Auto loan score 83
Rate checked · Auto loans rates on its site
More details - 4.59%APRas low as
Terms
As low as rate for 37-60 months on new vehicles (2025 and newer model years). Assumes excellent credit.
Auto loan score 86 · Carrot Score 86
Rate checked · Auto loans rates on its site
More details - 4.69%APRas low as · up to 15.50%
4.69% APR, up to 15.50%
Terms
Terms over 72 months for Vehicles valued over $40,000. Rate and term determined by credit-worthiness.
Auto loan score 89 · Carrot Score 96
Rate checked · Auto loans rates on its site
More details - 4.70%APRas low as
Terms
Model Year: New Collateral. On New Collateral Loans, depending on the Manufacturers Suggested Retail Price, you may be eligible for financing of up to 84 months.
Auto loan score 89
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 Louisiana
63 banks and credit unions · checked Nov 5–6
- Typical
- 5.24%
- Top 10% up to
- 4.49%
- 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.
Louisiana
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Barksdale Federal Credit UnionCredit union · 25 branches
- New Orleans Firemen's Federal Credit UnionCredit union · 9 branches
- Willis Knighton Federal Credit UnionCredit union · 1 branch