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.
Choose a location to see banks and credit unions with a branch near you.
Top new-car loan rates
Showing 1711–1725 of 2,911 nationwide · median 5.00% APR
- 5.24%APRas low as · up to 14.74%
5.24% APR, up to 14.74%
Terms
Minimum loan amount $5,000. Example payment per $1,000 is $22.20 based on highest interest rate with maximum term.
Auto loan score 75 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Sample loan of $35,000 & Guaranteed Residual Value of $11,000 with estimated monthly payment of $505.05. APR as low as. Reflects 0.50% automatic payment discount.
Auto loan score 75 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Auto loan score 75 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 16.25%
5.24% APR, up to 16.25%
Terms
Rates based on terms, credit score, and other conditions. Terms reflected on the Loan Rate sheet are maximum terms allowed; Credit Union may require shorter repayment terms for certain loan amounts.
Auto loan score 75 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Max loan term 60 months. Payment per $1,000 borrowed is $18.98. Financing 100%.
Auto loan score 73 · Carrot Score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 14.99%with conditions
5.24% APR, up to 14.99%
This rate needs autopay.
Terms
Approved APR will be 0.25% higher without autopay and 0.25% higher without eStatements.
Auto loan score 73 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 17.15%
5.24% APR, up to 17.15%
Terms
Criteria: 0-10 model years old. Rates based on credit, term and amount financed.
Auto loan score 73 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes a 0.25% discount for automatic payment. Rate adjustment will be made for credit score, certain loan amounts, age of collateral, and loan-to-value. Processing fee may increase the APR.
Auto loan score 73 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 10.24%
5.24% APR, up to 10.24%
Terms
Tier A+ (800 - 850): 5.24%, Tier A (740 - 799): 5.74%, Tier B (670 - 739): 7.74%, Tier C (580 - 669): 8.74%, Tier D (300 - 579): 10.24%
Auto loan score 73
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 9.99%
5.24% APR, up to 9.99%
Auto loan score 73 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 13.24%
5.24% APR, up to 13.24%
Terms
Term/credit score determines rate. All terms dependent on loan amount, collateral, and other compensating factors. >78 month term requires a minimum $25K loan. Terms > 72 months and <$25K available with purchase of FOPFCU ancillary product(s).
Auto loan score 73 · Carrot Score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rates quoted are based on 'A' credit grade and require automatic payments from a Freedom Credit Union checking account; rates are increased by 0.25% if automatic payment is not set up. Payment per $1,000 borrowed is $18.99.
Auto loan score 73 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
Loan interest rates are based on credit worthiness and the terms of the loan.
Auto loan score 73 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - Georgetown Kraft Credit UnionNew & Preowned Cars & Motorcycles (Model year 2021-current) · up to 60 months
Credit union
5.24%APRas low asAuto loan score 73 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Advertised APR includes 0.25% loan rate discount with Reward Yourself Checking. Best rates available on new/used vehicle purchases and refinanced loans from other financial institutions; rate may be higher based on credit history, eligibility and underwriting criteria.
Auto loan score 73 · Carrot Score 90
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 nationwide
2,911 banks and credit unions · checked Oct 22–25
- Typical
- 5.00%
- Top 10% up to
- 4.25%
- Banks, typical
- 6.62%
- 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.
Nationwide
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Quorum Federal Credit UnionCredit union
- Popular DirectBank