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 1–12 of 12 in Ottawa, IL metro · median 5.37% APR
- 4.24%APRas low as
Terms
Model year 2024 & Newer.
Auto loan score 93 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.39%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year: New Auto 2025 & Newer. Rates shown include a 0.25% Relationship Discount for qualified borrowers.
Auto loan score 85 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Rate as low as 4.49% APR. Actual rate based on credit worthiness and age of vehicle. Example: $20,000 loan for 36 months at 4.49% APR has a monthly payment of $618.90 fully protected.
Auto loan score 89 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as · up to 5.99%
4.99% APR, up to 5.99%
Terms
Model year 2024. Base APR is 5.99%; APR as low as 4.99% with applicable discounts. Maximum LTV 125%.
Auto loan score 79 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - Financial Plus Credit Union2026 & Newer Model Year Vehicle Loans · up to 60 months
Credit union · 3 branches
4.99%APRas low as · up to 11.25%4.99% APR, up to 11.25%
Terms
Tier 1 (700+): 4.99% APR; Tier 2 (699-660): 5.99% APR; Tier 3 (659-620): 7.99% APR; Tier 4 (619-590): 10.25% APR; Tier 5 (589 & <): 11.25% APR
Auto loan score 78 · Carrot Score 77
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 - 5.49%APRas low as
Terms
Applies to NEW: 2025 - 2026 vehicles. Payment per $1,000 borrowed is $19.10. Interest rate will vary depending on credit score, term, and year of auto. Subject to credit and underwriting approval.
Auto loan score 67 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 5.78%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate applies to new, untitled 2024, 2025 and 2026 vehicle purchases only, terms up to 72 months. APR based on an example loan amount of $40,000 with an interest rate of 5.70% for 72 months, and a monthly payment of $658.85. Rate also reflects a 0.25% interest rate reduction for automatic loan payments deducted from a GNB checking or savings account which must be active at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.25% will be added to the rate.
Auto loan score 68
Rate checked · Auto loans rates on its site
Rates and branches - 6.01%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.005% APR on loans for new or pre-owned cars and trucks with terms up to 84 months. Based on highest credit tier; includes 0.25% autopay discount and $175 processing fee. Example given for 2025 or newer vehicle, 60-month term on $20,000 loan at 5.64% interest rate (6.005% APR).
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.41%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Auto loan score 64 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 7.00%APRas low as
Terms
Vehicle model year: 2025-New
Auto loan score 61 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 7.28%APRas low as
Terms
Vehicle Year: 2024-New. APR is based on a loan amount of $20,000.00 and reflects representative credit terms for clients with a FICO score of 720 or above. Monthly payment per $1,000 borrowed as low as $19.74. Subject to credit approval.
Auto loan score 61 · Carrot Score 70
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 Ottawa, IL metro
12 banks and credit unions · checked Oct 16–17
- Typical
- 5.37%
- Top 10% up to
- 4.40%
- Banks, typical
- 6.21%
- Credit unions, typical
- 4.74%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Ottawa, IL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Illinois State Credit UnionCredit union · 1 branch
- NuMark Credit UnionCredit union · 1 branch
- Credit Union 1Credit union · 2 branches