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 16–17 of 17 in Miami, FL · median 5.64% APR
- 7.99%APRas low as
Terms
Finance up to 80% of purchase price or MSRP (maximum LTV of 50% based on accountant/CPA letter). Example APR based on a 60-month, fixed-rate, $50,000 loan with 25% down.
Auto loan score 60 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 9.51%APRas low as
Terms
For new autos. Finance up to 85% with a minimum 15% down payment from buyer. Installments up to 72 months.
Auto loan 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 Miami, FL
17 banks and credit unions · checked Oct 5–22
- Typical
- 5.64%
- Top 10% up to
- 4.64%
- Banks, typical
- 6.24%
- Credit unions, typical
- 4.99%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Miami, FL metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- American Airlines Federal Credit UnionCredit union · 6 branches
- JM Associates FCUCredit union · 1 branch
- First Choice Credit UnionCredit union · 2 branches