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 67 in Maryland · median 5.19% APR
- 3.24%APRas low as
Terms
New Model 2026 and Newer. Minimum Financing of $10,000 for 60 Months.
Auto loan score 99 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 3.84%APRas low as
Terms
Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar.
Auto loan score 91 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - Bulldog Federal Credit UnionSecured (Car/Truck/SUV) Vehicle Loans · 49–84 months
Credit union · 6 branches
4.00%APRas low asTerms
Variable rate. 'As low as' rate for members with excellent credit. $0 down payment required. 84-month term requires vehicle loans of $25,000 or more. Minimum APR for variable rate secured financing is 3.25% APR (except for promotions); maximum APR is 18%. Vehicles over 100,000 miles add 2% (max 115,000 miles); vehicles over 10 years add 2%.
Auto loan score 94 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Terms
New/Used Auto (2024-NEWER) 49-60 months (up to 110%). Rate as low as stated based on year of vehicle, term, and credit score.
Auto loan score 89 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
0% down required. Includes 1/4% automatic repayment discount and 0.10% online application discount.
Auto loan score 88 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as
Terms
2024 & newer
Auto loan score 92 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - Washington County Teachers Federal Credit UnionNew Vehicle · up to 60 months
Credit union · 3 branches
4.25%APRas low asTerms
Model year 2025-2026.
Auto loan score 92 · Carrot Score 91
Rate checked · Auto loans rates on its site
Rates and branches - 4.29%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Auto loan score 91 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 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 shown are premium loan rates based on credit and collateral/retail value.
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
*APR as low as. Rates quoted assume excellent borrower credit history.
Auto loan score 88 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate reflects 'as low as' and includes 0.25% APR automatic payment discount.
Auto loan score 85 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% discount for automatic transfer payments.
Auto loan score 85 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Monthly payment is $18.64 per $1,000 borrowed. Includes a 0.25% discount for enrollment in automatic monthly loan payments.
Auto loan score 85 · Carrot Score 98
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
80% financing with terms up to 60 months. Rates apply to new vehicles of the current or previous model year.
Auto loan score 83 · Carrot Score 83
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 Maryland
67 banks and credit unions · checked Oct 16–22
- Typical
- 5.19%
- Top 10% up to
- 4.27%
- Banks, typical
- 6.32%
- 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.
Maryland
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Educational Systems Federal Credit UnionCredit union · 13 branches
- Tower Federal Credit UnionCredit union · 17 branches
- EagleBankBank · 7 branches