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 1741–1755 of 2,911 nationwide · median 5.00% APR
- 5.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Includes 1% Buy-Down Program discount.
Auto loan score 73 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
New Auto (Greater than $25,000) with 80% Financing (20% down)
Auto loan score 73 · Carrot Score 64
Rate checked · Auto loans rates on its site
Rates and branches - VECU Credit UnionNew/ Used Vehicle Loans (2021 and newer, includes motorcycles) · 61–66 months
Credit union
5.24%APRas low as · up to 17.00%with conditions5.24% APR, up to 17.00%
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates include maximum Relationship Reward Discount. Risk-based pricing based on creditworthiness and other factors.
Auto loan score 73 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 8.99%
5.24% APR, up to 8.99%
Auto loan score 73 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 17.24%
5.24% APR, up to 17.24%
Terms
Payment example: $17.47 - $23.55 per $1,000. Model years 2020-2026.
Auto loan score 73 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
Up to 60 months
Auto loan score 72 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
Up to 60 Months. Qualifying used vehicles model years 2019-2026. Restrictions on vehicle age only - no used vehicles over 7 years. Rates are subject to change without notice. Subject to credit review. My Advantage discount does not apply. Estimated monthly car loan payment per $1,000 borrowed at 5.24% APR is $18.98 for 60 months.
Auto loan score 72 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
New vehicles. As low as 5.24% APR for 60 months.
Auto loan score 72 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as
Terms
Includes 20245 with 20,000 miles or less
Auto loan score 72 · Carrot Score 65
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
Rate includes 0.50% discount for Power of the Dollar MAX checking account holders. $10,000 minimum loan amount.
Auto loan score 71 · Carrot Score 76
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
Fixed APR as low as 5.24%. Includes 0.50% discount for automatic payments. Maximum term is 84 months.
Auto loan score 71 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.24%APRas low as · up to 18.24%
5.24% APR, up to 18.24%
Terms
Includes a 0.50% discount for being a member for more than 6 months.
Auto loan score 71 · Carrot Score 93
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
New vehicles only. Monthly payment per $1,000 is $18.98. Includes a 0.25% autopayment discount from CMECU checking account.
Auto loan score 70 · 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
Credit Grade A (Score 700+). Maximum LTV 110%. Reflects 0.50% reduction for automatic/payroll deduction payments. Maximum term up to 72 months depending on vehicle age (longer term over $30,000 subject to approval).
Auto loan score 70 · Carrot Score 67
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 discount of -0.50% APR for automatic payment transfer. Additional discounts available: -0.25% APR for CCU Extended Warranty, -0.25% APR for CCU GAP Insurance. Floor rate of 4.49% APR applies.
Auto loan score 70 · 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 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