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 31–45 of 63 in Minnesota · median 5.14% APR
- 5.09%APRas low as
Terms
Based on credit (Beacon) score for Equifax Credit Services. Rate advertised as as low as.
Auto loan score 82 · Carrot Score 70
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 87
Rate checked · Auto loans rates on its site
More details - 5.20%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2025 & newer. Rate reflects loyalty discounts.
Auto loan score 71 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - Associated Healthcare Credit UnionNew Auto (2025 & Newer) · up to 84 months
Credit union · 5 branches
5.24%APRas low aswith conditionsThis rate needs a checking account, direct deposit or relationship with the lender.
Terms
Payment is $14.25 per $1,000 borrowed.
Auto loan score 80 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
Model year 2021 and newer. APR as low as; payment per $1,000 is $19.03. Rate discount of 0.25% available with automatic payments.
Auto loan score 80 · Carrot Score 81
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
Vehicle model year 2022 or newer.
Auto loan score 80 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2022 & Newer. Fixed APR starting at 5.24% with payments of $18.99 per $1,000 borrowed. Includes 0.25% discount for automatic recurring payments from a TopLine Checking or Savings account.
Auto loan score 80 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
Rate as low as 5.24% APR for 60 months based on LTV < 70%. Payment example: $18.98 per $1,000 borrowed.
Auto loan score 76 · Carrot Score 84
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
New Vehicles (Titled in the last 6 months). Payment example: $20,000 at $324.33/month.
Auto loan score 76 · Carrot Score 92
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low as
Terms
2024 and newer; Up to a 5 year term
Auto loan score 76 · Carrot Score 87
Rate checked · Auto loans rates on its site
More details - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicles 2022 or newer. Rates based on credit score. Rate includes 0.50% discount for AutoPay.
Auto loan score 70 · Carrot Score 88
Rate checked · Auto loans rates on its site
More details - 5.25%APRas low as
Terms
Model year 2012 and newer; includes cars, trucks and motorcycles
Auto loan score 79 · Carrot Score 64
Rate checked · Auto loans rates on its site
More details - 5.25%APRas low as
Terms
New (2025-2026). Lowest rate available; actual rate based on credit score.
Auto loan score 72 · Carrot Score 89
Rate checked · Auto loans rates on its site
More details - 5.29%APRas low as
Terms
APR as low as 5.29%. Rate is based on credit history. Rate shown is offered to members with excellent credit history. Interest rate may increase based on current credit history. Rate may also vary based on age of collateral and term of loan.
Auto loan score 78 · Carrot Score 87
Rate checked · Auto loans rates on its site
More details - 5.29%APRas low as
Terms
Monthly payment $18.21 per $1,000.
Auto loan score 78 · Carrot Score 90
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 Minnesota
63 banks and credit unions · checked Nov 6–7
- Typical
- 5.14%
- Top 10% up to
- 4.41%
- Credit unions, typical
- 5.14%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Minnesota
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Mid Minnesota Federal Credit UnionCredit union · 12 branches
- Greater Community CUCredit union · 4 branches
- Altra Federal Credit UnionCredit union · 4 branches