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 121–135 of 160 in New York · median 4.99% APR
- 5.49%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
5.49% APR based on a 72 month term with a credit score of 730 or above on a 2022 or newer vehicle. Valid on loans for new and used purchases or refinances from other financial institutions. Enhanced Loyalty Rewards cannot be used in conjunction with this offer.
Auto loan score 74 · Carrot Score 81
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Model year 2022 & newer. New money only.
Auto loan score 74 · Carrot Score 81
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Same Rate for new, used; refinanced or lease buyout:
Auto loan score 74 · Carrot Score 79
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate available with Automatic Payment; sample payment of $19.10 per $1,000 borrowed based on maximum term.
Auto loan score 72 · Carrot Score 76
Rate checked · Auto loans rates on its site
More details - Empower Federal Credit UnionNew Electric Vehicle/Motorcycle · 49–66 months
Credit union · 24 branches
5.49%APRas low aswith conditionsThis rate needs a checking account, direct deposit or relationship with the lender.
Terms
Advertised as low as rate includes 0.50% discount for disclosing intention to purchase electric vehicle at application. Based on credit history evaluation.
Auto loan score 71 · Carrot Score 74
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Tier A (credit score 690+); 60-month term.
Auto loan score 69 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - 5.49%APRas low as
Terms
Fixed APR as low as for up to 66 months
Auto loan score 69 · Carrot Score 65
Rate checked · Auto loans rates on its site
More details - 5.50%APRas low as · up to 10.00%
5.50% APR, up to 10.00%
Terms
$8,000+
Auto loan score 68 · Carrot Score 73
Rate checked · Auto loans rates on its site
More details - 5.53%APRas low as
Terms
Rates and payment examples assume excellent borrower credit history, a 60-month term and a loan-to value (LTV) of 90% or less. Rate applies to loan amounts up to a maximum of $100,000; minimum auto loan amount is $3,750. Terms up to 96 months are available at higher rates, based on creditworthiness ($20,000 minimum amount financed required for terms of 85-96 months). Borrowing up to 115% LTV available at higher rates. Payment example: for a 60-month loan at 5.53% APR, estimated monthly payment is $19.12 per $1,000 borrowed.
Auto loan score 69 · Carrot Score 70
Rate checked · Auto loans rates on its site
More details - 5.54%APRas low as
Terms
2023 and newer vehicles. Fixed APR as low as 5.54%. Monthly Payment Per $1,000 Borrowed is $14.39 for maximum term of 7 Years.
Auto loan score 72 · Carrot Score 72
Rate checked · Auto loans rates on its site
More details - 5.54%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% reduction for automatic payments from an Affinity account.
Auto loan score 66 · Carrot Score 75
Rate checked · Auto loans rates on its site
More details - 5.59%APRas low as
Terms
Model Yr 2024-26; Save an additional 0.25% with 25% equity in vehicle
Auto loan score 72 · Carrot Score 98
Rate checked · Auto loans rates on its site
More details - 5.59%APRas low as
Terms
Vehicle: New & Used Autos (2027-2024)
Auto loan score 67 · Carrot Score 71
Rate checked · Auto loans rates on its site
More details - 5.64%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Fixed APR for New & Used (model year 2024 & newer). Up to 125% of LTV. Rate includes 0.25% autopay discount. Terms up to 7 years (84 months). Rates as low as stated based on credit evaluation.
Auto loan score 71 · Carrot Score 63
Rate checked · Auto loans rates on its site
More details - 5.65%APRas low as
Terms
As low as 5.65%. Terms up to 84 months (7 years). Finance up to 100% of MSRP + sales tax for new vehicles.
Auto loan score 71 · Carrot Score 79
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 New York
160 banks and credit unions · checked Oct 30–31
- Typical
- 4.99%
- Top 10% up to
- 3.99%
- Credit unions, typical
- 4.99%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
New York
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Ontario Shores FCUCredit union · 5 branches
- SJP Federal Credit UnionCredit union · 1 branch
- BTG Pactual Bank, National AssociationBank · 1 branch