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 71 in Iowa · median 5.00% APR
- 2.99%APRas low asunusually low · being checked
Terms
2024 & 2025 & 2026 with 20,000 miles or less; 90% Financing. Best-rate tier shown.
Auto loan score 94 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 3.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Loan must be secured by a 2022 or newer Auto and under 50,000 miles. To qualify for this rate, you must have an automatic payment from a checking account and $5,000 New Money.
Auto loan score 94 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.10%APRas low as
Terms
Rates as low as 4.10% APR for new, used, or refinanced auto loans. APR is based on creditworthiness and may vary. Example: $10,000 auto loan for 36 months at 4.10% APR has a monthly payment of $295.71. Extended terms require minimum loan amounts.
Auto loan score 94 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.14%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model years 2024 to 2026. Includes 0.50% Loyalty Discount (Standard APR as low as 4.64%). Up to 60 Months.
Auto loan score 93 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Auto loan score 92 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Model years 2026-2023. Rates are with qualifying credit.
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Featured promotion: Auto Loan – Spring 2026. Get Preapproved for an Auto Loan.
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - Capitol View Credit UnionNew Vehicle & Motorcycle Loans (2024 and Newer) · up to 60 months
Credit union · 1 branch
4.49%APRas low asTerms
Loyalty Rate: Members who enroll in direct deposit of at least $1,000/mo. and setup automatic payments for their loan qualify for a 0.25% rate discount on that loan. This discount cannot be combined with other rate discounts.
Auto loan score 87 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Loan special: As low as rate includes a loyalty discount. Receive $100 cash at closing for purchased vehicles or loans refinanced from another lender (current loans with FCCCU do not qualify). Terms up to 7 years (84 months). Example: $20,000 for 60 months at 4.49% APR has a monthly payment of $372.77. Loans under First Class Acceptance program are not eligible for 100 days no payments.
Auto loan score 87 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.52%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
2025 & Newer model years. Reflects 0.75% direct deposit and automatic payment discount.
Auto loan score 89 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.54%APRas low as
Terms
Rate as low as stated based on creditworthiness and term.
Auto loan score 88 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.54%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates shown are as low as and reflect all discounts.
Auto loan score 86 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.55%APRas low as
Terms
As low as rate based on credit score. 0.25% interest discount for debt protection or warranty.
Auto loan score 89 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.64%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
2024 or Newer; Relationship Rate (requires 3 qualifying services)
Auto loan score 87 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.64%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as 4.64% APR for 60 months. Rates subject to change. Not everyone will qualify for the lowest rate. Reward-based lending applies. To receive this rate automatic payments must be set up. Any model year for Auto, RV, or Boat Loans with automatic payment set up.
Auto loan score 86 · Carrot Score 89
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 Iowa
71 banks and credit unions · checked Oct 16–22
- Typical
- 5.00%
- Top 10% up to
- 4.49%
- Banks, typical
- 6.24%
- Credit unions, typical
- 4.94%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Iowa
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Collins Community Credit UnionCredit union · 9 branches
- Serve Credit UnionCredit union · 2 branches
- Advantage Credit UnionCredit union · 1 branch