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 18 in Colorado Springs, CO · median 5.70% APR
- 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
Terms
Rates as low as 4.49% APR. Illustrative example: $10,000 loan for 96 months has approximate monthly payment of $125.55. Available for new vehicles only (previous year and newer model years with 30,000 or fewer miles).
Auto loan score 89 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - Blue Federal Credit UnionHybrid and Electric Vehicle (EV) Loans · up to 84 months
Credit union · 2 branches
4.99%APRas low asTerms
Rates as low as 4.99% APR. Includes 0.50% rate discount available on qualifying electric or hybrid vehicles (will not be below rate floor). Financing up to 84 months. Rates specific to ZIP 82001.
Auto loan score 73 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 5.23%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes a one-time $150 loan origination fee and 0.65% interest rate discount for automatic payment draft from a SouthState checking account. 5.23% APR is based on an example loan amount of $42,500 for a term of 72 months with monthly payments of $686.61.
Auto loan score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.34%APRas low as · up to 20.69%with conditions
5.34% APR, up to 20.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Available to well-qualified applicants. Includes a 0.25% discount for automated payment from a PNC checking account set up at loan closing; rate increases 0.25% if automated payment is discontinued. Available for 2018-2027 model year non-commercial vehicles with up to 80,000 miles (up to 100,000 miles based on credit qualifications).
Auto loan score 71 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 17.99%
5.49% APR, up to 17.99%
Terms
Rates vary depending on applicant's creditworthiness and year of collateral.
Auto loan score 73 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
2023-2026 Model Year. Best Rate; rates are adjusted based on Loan to Value (LTV). Rate discounts available with LTV <= 100% and <= 80%.
Auto loan score 73 · Carrot Score 95
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 - 5.65%APRas low as · up to 15.09%
5.65% APR, up to 15.09%
Terms
Model years 2021-2026. Rate based on credit history.
Auto loan score 71 · Carrot Score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.74%APRas low as
Terms
Stated APR is for well-qualified borrowers and applies to auto loans originated in Colorado. Rate varies based on credit history, loan term, loan-to-value, and age of auto. Membership qualification required.
Auto loan score 69 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 5.74%APRas low as · up to 14.24%
5.74% APR, up to 14.24%
Auto loan score 69 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
5.99% APR fixed for loan amount of $15,000 or greater; purchases only; no prepayment penalties; subject to credit underwriting and credit approval.
Auto loan score 66 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Current and recent model year; for 66 months or less with LTV 80% or less and automatic payment discount.
Auto loan score 65 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 6.09%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates as low as 6.09% APR for new vehicles model years 2026 and newer with maximum term of 60 months. Includes waiver of $250 origination fee requiring an active UMB Select Checking account. No down payment required.
Auto loan score 63 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit. Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts.
Auto loan score 64 · Carrot Score 60
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 Colorado Springs, CO
18 banks and credit unions · checked Oct 15–22
- Typical
- 5.70%
- Top 10% up to
- 4.84%
- Banks, typical
- 6.04%
- Credit unions, typical
- 5.57%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Colorado Springs, CO metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Canvas Credit UnionCredit union · 2 branches
- Bellco Credit UnionCredit union · 1 branch
- UMB BankBank · 4 branches