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 76–90 of 100 in Tennessee · median 4.99% APR
- 5.55%APRas low as
Terms
New Autos (upcoming, current & previous vehicle model years - under 10,000 miles). As low as rate.
Auto loan score 67 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 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 - 5.74%APRas low as
Terms
Vehicle model years 2022 - 2026.
Auto loan score 69 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 5.74%APRas low as · up to 6.65%with conditions
5.74% APR, up to 6.65%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model years 2026 - 2025. Stated interest rate: 4.85% - 5.75%. Example payment per $1,000 borrowed: $14.49 - $14.93. Credit Scores must be at least A or B rating to receive 84 month term loan.
Auto loan score 66 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.75%APRas low as · up to 16.50%
5.75% APR, up to 16.50%
Terms
Terms anywhere from 36 to 84 months based on your credit history.
Auto loan score 68 · Carrot Score 61
Rate checked · Auto loans rates on its site
Rates and branches - 5.79%APRas low as
Terms
APR as low as stated; for 2020 and newer model vehicles; term up to 84 months
Auto loan score 64 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.84%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model Year: New - 2024
Auto loan score 65 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.85%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Term 60 months.
Auto loan score 65 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as · up to 11.25%
5.99% APR, up to 11.25%
Terms
Never been titled or 60 days after financing with a dealership.
Auto loan score 66
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as · up to 13.99%
5.99% APR, up to 13.99%
Terms
New or used financing up to 100% for up to 84 months (must meet established loan guidelines) or 90% of sticker (new) or 90% NADA retail (used); rates determined by Beacon score
Auto loan score 66 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
Fixed APR as low as 5.99%. Rates based on creditworthiness.
Auto loan score 66 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - Knoxville TVA Employees Credit UnionNew Auto Loan (2021-2026) · up to 84 months
Credit union · 24 branches
5.99%APRas low asTerms
Rates increase by 1.00% for autos over 100,000 miles.
Auto loan score 64 · Carrot Score 99
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as
Terms
New Auto and Previous 3 Years and Up - Less than 30,000 miles. APR as low as. Relationship discount up to 1.00% available but discounted rate will not be reduced below 6.00% APR.
Auto loan score 64 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 5.99%APRas low as · up to 16.49%
5.99% APR, up to 16.49%
Terms
Tier A (850-800) to Tier E (579-300)
Auto loan score 64 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 6.00%APRas low as
Terms
Rate is as low as stated. Subject to credit approval and creditworthiness.
Auto loan score 64
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 Tennessee
100 banks and credit unions · checked Oct 15–22
- Typical
- 4.99%
- Top 10% up to
- 4.08%
- Banks, typical
- 6.12%
- Credit unions, typical
- 4.75%
How does your bank’s rate compare?
Find your bank or credit union to see all its rates and how they compare near you.
Tennessee
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Knoxville TVA Employees Credit UnionCredit union · 24 branches
- LGWFCUCredit union · 1 branch
- Bowater Credit UnionCredit union · 5 branches