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 1–9 of 9 in Shrewsbury, MA · median 6.74% APR
- 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 - 5.99%APRas low as
Terms
Estimated monthly payment of $19.33 per $1,000 financed. Rate is as low as.
Auto loan score 66 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - Central One Federal Credit UnionMotor Vehicle Acquisition Program (MAP) · up to 60 months
Credit union · 3 branches
6.49%APRas low asAuto loan score 63 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 6.50%APRas low as
Terms
Model Year 2025 - New. Max term 60 months. A .25% reduction in rate is available at closing when signed up for auto deduction. Financing available up to 100% of contracted purchase price or MSRP, whichever is less. Monthly payment example: $19.57 per $1,000.
Auto loan score 62 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 6.74%APRas low as · up to 9.00%with conditions
6.74% APR, up to 9.00%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Credit Score 661+. Rate reflects 0.50% discount for automatic payment from a CSB Checking or Savings Account for the full term of the loan. Stated APR ranges from 6.740% (730+) to 9.000% (661-679). Repayment per $1,000 ranges from $19.68 to $20.76.
Auto loan score 61 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 6.79%APRas low as · up to 15.69%with conditions
6.79% APR, up to 15.69%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
To qualify for the lowest APR available (6.79%): term must be 48 months or less; collateral model year must be 2025 or newer; must have or open an M&T MyChoice Premium or Power Checking account at time of application; and automatic payment deductions from any M&T checking account must be established. Terms up to 84 months available.
Auto loan score 62 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 7.00%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model Year 2026-2024. Maximum Loan to Value (LTV) 100%. Monthly payment per $1,000 is $19.80. APR reflects 0.50% discount for automatic payment from an Avidia Bank checking account; an additional 0.25% discount may apply for Bank At Work account customers.
Auto loan score 62 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 7.08%APRas low as
Terms
Includes $50 vehicle loan processing fee to be paid by borrower at closing. Subject to credit approval.
Auto loan score 61 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - 7.25%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New Cars (2024 - 2027); 0% down payment; maximum loan amount will be determined by the actual purchase price, excluding the costs of any extended warranty program and sales tax; APR reflects a .25% discount for automatic payment from a Webster Five account (option not to choose automatic payments increases rate by .25%)
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 Shrewsbury, MA
9 banks and credit unions · checked Oct 5–22
- Typical
- 6.74%
- Top 10% up to
- 5.92%
- Banks, typical
- 6.76%
- Credit unions, typical
- 6.49%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Worcester, MA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Hanscom Federal Credit UnionCredit union · 1 branch
- GFA FCUCredit union · 4 branches
- UMassFiveCredit union · 1 branch