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 2116–2130 of 2,912 nationwide · median 5.00% APR
- 5.49%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Rates are based on term and individual creditworthiness, and reflect the maximum discounts available.
Auto loan score 66 · Carrot Score 60
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
Up to 60 months. For 72 months add 0.25%, for 84 months add 1.25%, for 96 months add 1.75%. Best qualifying rate; assumes automatic payment. Rate determined by credit background, collateral, and payment method. Term determined by vehicle year and/or amount financed.
Auto loan score 66 · Carrot Score 67
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
Starting at rate; includes 0.50% discount for direct deposit and automatic loan payment from AHCU checking.
Auto loan score 65 · Carrot Score 77
Rate checked · Auto loans rates on its site
Rates and branches - OceanAir Federal Credit UnionNew & Used Auto/Truck/Van (Model year 2026 to 2021) · 49–60 months
Credit union
5.49%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate as low as includes 0.50% discount for automatic loan payments from Epic Premium Checking and 0.25% vehicle insurance discount.
Auto loan score 64 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
78 Mos. (New Only - Min. $15K)
Auto loan score 87 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle Models 2022-2026 (or 2022-2027); new vehicles only; includes 0.25% APR auto pay discount; credit score 740+
Auto loan score 80 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Rates based on Credit Score. Down payment may be required. Longer terms may require a minimum loan amount.
Auto loan score 72 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Rate shown is before discount is applied (New & Used Autos APR as low as 5.50%). Take 1.00% APR off standard rates for new 2025/2026 models, or 0.25% APR off standard rates for used models (2021 or newer). Floor rate is 5.50% APR.
Auto loan score 72 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as · up to 17.75%
5.50% APR, up to 17.75%
Terms
Rates based on credit history/score. Preferred borrower rates apply. Offer not available for existing American Spirit FCU Auto Loans.
Auto loan score 72 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Terms
Rate as low as quoted; rate based on creditworthiness and loan term. Lowest quoted rate requires meeting minimum credit score criteria.
Auto loan score 72 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as · up to 18.00%
5.50% APR, up to 18.00%
Terms
Tiered by credit score: A+ (730 and above) as low as 5.50%, A (680 - 729) as low as 7.00%, B (640 - 679) as low as 8.50%, C (600 - 639) as low as 13.00%, D (599-) 18%. All loans subject to credit approval. Offered terms & rates determined by credit score and loan policy.
Auto loan score 72 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as
Auto loan score 72 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - ELGA Credit UnionNew Auto Loan Rates & Used Auto Loan Rates (By Model Year) · up to 72 months
Credit union
5.50%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model Years 2021 – 2026. Includes 0.50% rate reduction for direct deposit and automatic payments from ELGA Credit Union account.
Auto loan score 72 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Current model year. Payment example: $18.65 per $1,000 borrowed (or $22.80 per $1,000 borrowed for up to 48 months). Advertised APR assumes qualification for maximum available rate discount.
Auto loan score 72 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.50%APRas low as · up to 11.50%
5.50% APR, up to 11.50%
Terms
Save 0.25% when applying online upon approval of credit.
Auto loan score 72 · Carrot 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 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