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 16–19 of 19 in Mobile County, AL · median 5.25% APR
- 5.99%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Auto loan score 63 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Extended term for new and used vehicles up to 5 years of age and 100,000 miles. APR shown is with 0.25% reduction for automatic payment. Minimum loan payment is $10,000.
Auto loan score 65 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - New Horizons Credit UnionNew Autos (2026, 2025 w/less than 15,000 miles) · up to 96 months
Credit union · 6 branches
7.49%APRas low asTerms
$65,000 minimum; No 90-day option; Max LTV 110% financing
Auto loan score 60 · Carrot Score 71
Rate checked · Auto loans rates on its site
Rates and branches - 10.99%APRas low as
Terms
Rate is 'as low as' and based on creditworthiness and term of loan. Subject to approval.
Auto loan score 60 · Carrot Score 82
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 Mobile County, AL
19 banks and credit unions · checked Oct 15–22
- Typical
- 5.25%
- Top 10% up to
- 4.56%
- Banks, typical
- 5.16%
- 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.
Mobile, AL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- AmFirstCredit union · 1 branch
- JM Associates FCUCredit union · 1 branch
- United BankBank · 1 branch