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 1–5 of 5 in Alpena, MI metro · median 4.95% APR
- 4.25%APRas low as
Terms
Rate stated is 'as low as' and assumes a FICO Credit Score of 680 or better and a loan amount example of $35,000 based on the maximum term noted.
Auto loan score 89 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.85%APRas low as
Terms
Check out our low rates for New Vehicles
Auto loan score 86 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.95%APRas low as
Terms
Flexible Terms! Actual APR will be based upon individual credit worthiness, loan amount, term of loan and applicable prepaid items.
Auto loan score 78 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate applies to New 2025-2026 Vehicles. Fixed rate. Individual rates vary and are dependent on individual credit history and other factors including LTV and term.
Auto loan score 80 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.34%APRas low as · up to 20.69%with conditions
5.34% APR, up to 20.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Available to well-qualified applicants. Includes a 0.25% discount for automated payment from a PNC checking account set up at loan closing; rate increases 0.25% if automated payment is discontinued. Available for 2018-2027 model year non-commercial vehicles with up to 80,000 miles (up to 100,000 miles based on credit qualifications).
Auto loan score 71 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches
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 Alpena, MI metro
5 banks and credit unions · checked Oct 16–22
- Typical
- 4.95%
- Top 10% up to
- 4.49%
- Banks, typical
- 5.34%
- Credit unions, typical
- 4.90%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Alpena, MI metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- HPC Credit UnionCredit union · 2 branches
- Alpena Alcona Area Credit UnionCredit union · 4 branches
- Wolverine State Credit UnionCredit union · 2 branches