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 31–39 of 39 in Cleveland, OH metro · median 5.25% APR
- 5.83%APRas low as
Auto loan score 68 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.89%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New vehicles. 0% down payment.
Auto loan score 63 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit. Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts.
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.64%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Credit score 751 and higher. Example based on $20,000 loan amount for 2026 or newer vehicle. $250 origination fee. APR based on automatic payments with Main Street Bank checking account.
Auto loan score 63 · Carrot Score 61
Rate checked · Auto loans rates on its site
Rates and branches - 6.78%APRas low as
Terms
Rates quoted depend on credit score (TransUnion FICO Auto Enhance Score of 740 or above required for lowest rate), vehicle mileage, negative equity allowances, amount, and condition. Listed APR is for in-person direct member financing (includes loan documentation fee and maximum term financing); indirect/on-site dealership financing may have slightly higher APRs for new members. Vehicles currently financed with LorMet are excluded.
Auto loan score 62 · Carrot Score 61
Rate checked · Auto loans rates on its site
Rates and branches - 7.49%APRas low as
Terms
Applies to 2026 & 2025 never titled vehicles. 0% down. Can go to 84 months but rate increases 1%.
Auto loan score 60 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 7.51%APRas low as
Terms
Rates as low as 7.51% APR based upon loan amount and creditworthiness. Advertised APR assumes excellent credit history, is based on an average loan amount of $40,000 borrowed over 60 months, includes $257 in account opening fees, and equates to a monthly payment of $799.87. Some loans may be eligible for additional relationship-based account benefits for checking account clients.
Auto loan score 61
Rate checked · Auto loans rates on its site
Rates and branches - 8.29%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
With AutoPay.
Auto loan score 60 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 9.00%APRas low as
Auto loan score 60 · Carrot Score 63
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 Cleveland, OH metro
39 banks and credit unions · checked Oct 16–22
- Typical
- 5.25%
- Top 10% up to
- 4.46%
- Banks, typical
- 6.06%
- Credit unions, typical
- 5.19%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Cleveland, OH metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- 7 17 Credit UnionCredit union · 2 branches
- Commstar Credit UnionCredit union · 2 branches
- Achieve CUCredit union · 3 branches