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.
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Top new-car loan rates
Showing 1981–1995 of 2,912 nationwide · median 5.00% APR
- 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
7 years or less. As low as 5.49%* with auto-pay.
Auto loan score 76 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
As low as 5.49% APR. APR determined based on credit score. Up to 100% financing.
Auto loan score 73 · Carrot Score 66
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as rate includes a 0.25% rate discount for automatic payments (rates may increase if automatic payment is cancelled). Estimated payment terms of $17.59 per $1,000 per month for 66 months. 90-Day No Pay offer available (excludes indirect loans, min credit score 680, expires 12.31.2026).
Auto loan score 73 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Up to 60 mos.
Auto loan score 73 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 17.99%
5.49% APR, up to 17.99%
Terms
Rates vary depending on applicant's creditworthiness and year of collateral.
Auto loan score 73 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 17.99%with conditions
5.49% APR, up to 17.99%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% discount for automatic payments.
Auto loan score 73 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Advertised 'as low as' rate reflects a 2-year term with A+ paper (TransUnion score of 720+). Includes 1.00% APR sale discount and 0.25% direct deposit and recurring automatic loan transfer discount. Model years 2006 and older.
Auto loan score 73 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Up to 100% LTV Max. Rate determined by credit score and loan to value at time of application.
Auto loan score 73 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Rates as low as 5.49% for 60 months.
Auto loan score 73 · Carrot Score 68
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 9.74%
5.49% APR, up to 9.74%
Terms
Credit score 750+ for lowest APR; under 5 calendar years.
Auto loan score 73 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Based on new and used vehicles financed up to 63 months with qualified credit.
Auto loan score 73
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
2023-2026 Model Year. Best Rate; rates are adjusted based on Loan to Value (LTV). Rate discounts available with LTV <= 100% and <= 80%.
Auto loan score 73 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Auto loan score 73 · Carrot Score 69
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as · up to 17.99%
5.49% APR, up to 17.99%
Terms
Rate based on creditworthiness and term of loan.
Auto loan score 73 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.49%APRas low as
Terms
Model years 2019–2027. Fixed rate. Rates published are as low as stated rate.
Auto loan score 73 · Carrot Score 95
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
2,912 banks and credit unions · checked Oct 22–28
- 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?
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Nationwide
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- Quorum Federal Credit UnionCredit union
- Popular DirectBank