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 1–7 of 7 in Erie, PA · median 4.99% APR
- 4.49%APRas low as
Terms
2021 - 2026 (> 50,000 Miles)
Auto loan score 89 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - Erie Fire Fighters Federal Credit UnionSecured / NEWER auto-motorcycle loans · up to 72 months
Credit union · 1 branch
4.50%APRas low as · up to 14.00%4.50% APR, up to 14.00%
Terms
Rates vary by Credit Grade from A+ (800-850 FICO Classic 08, 4.50% APR) to E (539 and below, 14.00% APR). Maximum loan amount up to 100% of MSRP Value. Maximum term 72 months.
Auto loan score 85
Rate checked · Auto loans rates on its site
Rates and branches - IBEW Local 56 Federal Credit UnionNew Vehicle Loans - All Automobiles, Trucks, Motorcycles and Motor Homes (2024 Model Year and Newer) · up to 60 months
Credit union · 1 branch
4.75%APRas low asAuto loan score 82 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - St. Vincent Federal Credit UnionNew Car / Motorcycle / ATV Loans · up to 60 months
Credit union · 1 branch
4.99%APRas low asAuto loan score 83
Rate checked · Auto loans rates on its site
Rates and branches - 5.29%APRas low as
Terms
Payment example: $20.50 per $1,000 borrowed with Payment Protection.
Auto loan score 76 · Carrot Score 92
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
Terms
AUTOMOBILE & MOTORCYCLE NEW & Used (2024 & Newer). Disclosed APR with asterisk (*) represents lowest possible APR. Subject to credit approval.
Auto loan score 69 · Carrot Score 78
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 Erie, PA
7 banks and credit unions · checked Oct 9–22
- Typical
- 4.99%
- Top 10% up to
- 4.50%
- Banks, typical
- 5.34%
- Credit unions, typical
- 4.87%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Erie, PA metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Americo FCUCredit union · 2 branches
- Tendto Credit UnionCredit union · 4 branches
- Corry FCUCredit union · 2 branches