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 22 in Knoxville, TN metro · median 5.47% APR
- Knoxville Law Enforcement Federal Credit UnionNew Auto, Motorcycle · up to 72 months
Credit union · 1 branch
4.49%APRas low asTerms
Fixed rate. Up to 72 months term. Rates subject to change and based on individual credit ratings.
Auto loan score 88 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Auto loan score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
October, November, & December Auto Loan Specials (purchases only): up to 60 mos.
Auto loan score 87 · Carrot Score 71
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
New vehicle
Auto loan score 87 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - Staley Credit UnionNew & Used Autos (Model Years 2025 and newer) · up to 60 months
Credit union · 1 branch
4.50%APRas low asTerms
5 Year term; Model Years 2025 and newer; Best Rate for 100% financing.
Auto loan score 86 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate is as low as 4.50% APR for terms of 3 to 7 years (36-84 months). Rate based on creditworthiness and loan term. Lowest rates includes discounts available of 0.25% for automatic payment and 0.25% for direct deposit into an IFCU checking account.
Auto loan score 83 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low as
Terms
Model year 2022 or newer with pre-approval. 'As Low As' rate based on Credit Union's Merit-Based Loan Program. Rate determined by credit qualifications, amount financed, collateral and loan terms.
Auto loan score 87 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rates as low as stated. Rates based on creditworthiness and age of collateral. Payment example is $14.13 per $1,000.
Auto loan score 83 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rates current as of 10/1/2026. Rate may vary based on creditworthiness, amount financed, and loan terms. The APR may increase or decrease during the term of the loan based on changes in an interest rate index (WSJ prime rate plus internal spread).
Auto loan score 77 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 77 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 5.45%APRas low as
Terms
Advertised offer applies only to vehicles with less than 100K miles. The estimated monthly payment is $14.35 per $1,000 borrowed for 84 months at 5.45% APR. Loan rate based on credit score, term, and loan amount. Loans currently financed with Enrichment FCU are not eligible.
Auto loan score 75 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model years (2020-2026). Payment example per $1,000-Maximum Term is $18.00.
Auto loan score 73 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.64%APRas low as
Terms
Advertised as-low-as APR assumes excellent borrower credit history and is specific to VA. Advertised rate does not include additional BofA Rewards interest rate discount of 0.10% to 0.50%. Rate guaranteed for 30 days from application approval.
Auto loan score 66 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.79%APRas low as
Terms
APR as low as stated; for 2020 and newer model vehicles; term up to 84 months
Auto loan score 64 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.85%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Term 60 months.
Auto loan score 65 · Carrot Score 72
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 Knoxville, TN metro
22 banks and credit unions · checked Oct 15–22
- Typical
- 5.47%
- Top 10% up to
- 4.50%
- Banks, typical
- 6.12%
- Credit unions, typical
- 5.25%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Knoxville, TN metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Knoxville TVA Employees Credit UnionCredit union · 15 branches
- Enrichment Federal Credit UnionCredit union · 8 branches
- Knoxville Law Enforcement Federal Credit UnionCredit union · 1 branch