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 New Orleans, LA metro · median 5.44% APR
- 2.74%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 2.74% APR after 1.25% discount on new Auto Loans. Fixed rates, credit permitting. Terms up to 72 months.
Auto loan score 99 · Carrot Score 99
Rate checked · Auto loans rates on its site
Rates and branches - 3.75%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate shown is as low as 3.75% APR for terms up to 72 months. Includes a 1.00% APR discount for members with active direct deposit (and rate page mentions 0.25% discount for 48-month loan term; p1 quotes 56 months at $19.50/month per $1,000). Rate depends on creditworthiness.
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.29%APRas low as
Terms
As low as rate for 37-60 months on new vehicles (2025 and newer model years). Assumes excellent credit.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as · up to 5.49%
4.49% APR, up to 5.49%
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 86 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.50%APRas low as
Terms
As low as rate subject to credit history, repayment term, and collateral. New, used, or refinanced. Excludes existing RiverLand loans. Minimum payment per $100 borrowed is $1.87.
Auto loan score 89 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - New Orleans Firemen's Federal Credit UnionAutos (Newer Models) · up to 84 months
Credit union · 5 branches
4.99%APRas low asTerms
Rate as low as 4.99% APR. Advertised rate can vary based on creditworthiness, mileage and age of vehicle, and loan terms. Standard underwriting criteria apply. Applies to vehicles < 6 years and < 85,000 miles. Minimum loan amount is $1,000; terms up to 84 months.
Auto loan score 83 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate based on creditworthiness and term of loan. Rates subject to change at any time.
Auto loan score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rates as Low as 4.99% APR*.
Auto loan score 76 · Carrot Score 71
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
New auto loan; credit approval required; rate is as low as; vehicle model year current or within previous two years with mileage not exceeding 30,000
Auto loan score 76 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.25%APRas low as
Auto loan score 77 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 5.43%APRas low as
Terms
Fixed rates on new vehicles. Terms up to 84 months. No payments for up to 45 days. No prepayment penalties. Rate cannot fall lower than 5.43% APR and will not exceed 18% APR.
Auto loan score 70 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.45%APRas low as
Terms
APR as low as 5.45%. Rate based on creditworthiness and term of loan. Per $1,000 borrowed payment is $19.08.
Auto loan score 75 · Carrot Score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 16.74%
5.49% APR, up to 16.74%
Terms
Rates starting at 5.49% APR; standard APR ranges from 5.49% to 16.74% based on credit worthiness, age of vehicle, and terms of the loan. Financing up to retail value available. Optional 90-day no payment promotion defers first payment for 90 days from loan origination date (interest accrues during deferral period).
Auto loan score 73 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 5.64%APRas low as
Terms
Up to 60 mo. Est. monthly payment $19.21 per $1,000. Current and previous year's models. Actual rates and terms vary based on credit history, loan amount, and collateral.
Auto loan score 67 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 5.69%APRas low as · up to 14.29%with conditions
5.69% APR, up to 14.29%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle model year 2023 and newer. Minimum 680 FICO score and $25,000 amount financed to qualify for 79 - 84-month term. 5.69% APR is for a 24 - 48-month term with minimum 780 FICO score and includes .40% discount for setting up auto pay from a Credit Human checking account. Additional rate discounts may apply for vehicle value and EV/hybrid.
Auto loan score 71 · Carrot Score 88
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 New Orleans, LA metro
22 banks and credit unions · checked Oct 16–22
- Typical
- 5.44%
- Top 10% up to
- 4.31%
- Banks, typical
- 6.00%
- Credit unions, typical
- 5.34%
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 Orleans, LA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Post Office Employees Credit UnionCredit union · 2 branches
- New Orleans Firemen's Federal Credit UnionCredit union · 5 branches
- RiverLand Federal Credit UnionCredit union · 4 branches