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 76–88 of 88 in New Jersey · median 5.25% APR
- 6.04%APRas low as
Terms
Model years 2026–2025; term up to 63 months. Stated APR/interest rate based on credit score 720 or above; other rates and terms also available. APR and payment examples based on a $10,000 loan with a $50 documentation prep fee using the greater term for the product. Up to 125% financing.
Auto loan score 65 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 6.19%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Relationship Premium APR as low as with 0.30% discount included. Up to 60 months.
Auto loan score 65 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Available on New Loans only / New purchased, refinanced or lease buyout
Auto loan score 86 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 6.24%APRas low as
Terms
Based on 60 months and $45,000 financing amount with $0 down payment for online applicants with excellent credit. Rate discount of 0.25% may be available for Chase customers maintaining an average daily combined balance of $150,000 or more across eligible accounts.
Auto loan score 64 · Carrot Score 60
Rate checked · Auto loans rates on its site
Rates and branches - 6.29%APRas low as
Terms
New Auto APR as low as 6.29% for terms 49 - 72 months. Payment per $1,000 borrowed is $16.71 (72-month term).
Auto loan score 63 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 6.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model year 2026. Max loan amount on new autos is 90% of purchase price/sticker price. 0.50% increase if payment is not automatically drafted from First Hope Bank account. Payment of $19.68 per $1,000 borrowed.
Auto loan score 61 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 6.75%APRas low as
Auto loan score 62 · Carrot Score 89
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 - 7.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Requires automatic payment from a Monroe Savings Bank Checking account (otherwise add 0.25%). Monthly payment is $19.91 per $1,000 borrowed. Assumes excellent borrower credit history. New cars up to 1 model year old, not previously titled with mileage less than 7,500. Available for purchase or refinance.
Auto loan score 61 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 7.34%APRas low as · up to 13.59%with conditions
7.34% APR, up to 13.59%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
For new and used 1-3 year old automobiles not exceeding 125% LTV. Minimum loan amount $2,500.
Auto loan score 61 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 7.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Add 0.50% to rate if payment is not automatically deducted from a Pennsville National Bank account.
Auto loan score 60 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 8.00%APRas low as
Terms
New vehicles. 15% down payment required. Maximum loan amount $50,000. 1/4% rate reduction if payments are automatically deducted from Ascendia Bank checking/savings account. Monthly payment per $1,000 borrowed is $20.28.
Auto loan score 60 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 8.13%APRas low as
Terms
Term range: 12-60 months. Eligible for a 0.250% preferred rate reduction with automatic payment deducted from a checking or savings account at Unity Bank.
Auto loan score 60 · 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 New Jersey
88 banks and credit unions · checked Oct 16–22
- Typical
- 5.25%
- Top 10% up to
- 4.35%
- Banks, typical
- 6.74%
- Credit unions, typical
- 5.24%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
New Jersey
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Altra Federal Credit UnionCredit union · 1 branch
- PenFed Credit UnionCredit union · 1 branch
- Bridgeton Onized Federal Credit UnionCredit union · 2 branches