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 34 in Providence, RI-MA metro · median 5.49% APR
- 3.99%APRas low as
Terms
Available on 2026 model year and newer vehicles with terms up to 78 months. Requires a minimum FICO score of 760. Subject to credit approval.
Auto loan score 94 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low as
Terms
Payment per $1000 is $15.64. No down payment required.
Auto loan score 86 · Carrot Score 72
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 - 4.50%APRas low as
Terms
Model years 2026 – 2027. 100% or up to 125% Financing & VSI / $125,000 Maximum.
Auto loan score 87 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 4.75%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Fixed rate as low as 4.75% APR for terms up to 7 years (84 months). Maximum loan amount up to $75,000.
Auto loan score 89 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - Alltrust Credit UnionAuto Loan - Model Years 2023 or later · up to 60 months
Credit union · 4 branches
4.99%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Up to 100% loan-to-value. Rates reflect credit score of 700+ with automatic payment from checking. $5 Regular Savings required.
Auto loan score 83 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - BrightBridge Credit UnionAuto Loans (Model Years 2026 - 2021) · 49–66 months
Credit union · 3 branches
4.99%APRas low aswith conditionsThis rate needs a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.50% relationship discount with qualifying $1,000/month direct deposit. APR based on $10,000 financed.
Auto loan score 83 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Model year 2025 - 2026. 60 month term or less.
Auto loan score 83 · Carrot 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 for terms up to 63 months.
Auto loan score 83 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Estimated monthly payment of $19.75 per $1,000. Includes single life and VSI insurance.
Auto loan score 81 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Term 5 Years. Repayment example $18.88 per $1,000 borrowed.
Auto loan score 80 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Terms
Financing for vehicles less than 9 years old. Payment per thousand is $18.88.
Auto loan score 82 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as · up to 6.00%
5.00% APR, up to 6.00%
Terms
Credit grades Platinum (720+) to E (< 619); Max LTV 60% to 100%; minimum APR requires Platinum/A credit (720+ or 719-680) and max 100% LTV. Example: 60 month term at 5.00% APR will have an estimated monthly payment of $18.92 per $1,000.
Auto loan score 82 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.00%APRas low as
Auto loan score 78 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New vehicles only. Monthly payment per $1,000 is $18.98. Includes a 0.25% autopayment discount from CMECU checking account.
Auto loan score 70 · Carrot Score 83
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 Providence, RI-MA metro
34 banks and credit unions · checked Oct 15–22
- Typical
- 5.49%
- Top 10% up to
- 4.58%
- Banks, typical
- 6.50%
- Credit unions, typical
- 5.00%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Providence, RI-MA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Shoreham BankBank · 3 branches
- Coastal1 Credit UnionCredit union · 19 branches
- Ocean State Credit UnionCredit union · 6 branches