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 2416–2430 of 2,904 nationwide · median 5.00% APR
- 5.89%APRas low as
Terms
APR as low as stated. Subject to credit approval; terms depend on amount financed.
Auto loan score 65 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 5.89%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New vehicles. 0% down payment.
Auto loan score 63 · Carrot Score 63
Rate checked · Auto loans rates on its site
Rates and branches - 5.89%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
New only, model years 2025-2027. Rates shown reflect all possible discounts and are subject to change without notice. Rates are based on credit history and qualifications. Not all applicants will qualify for lowest rates.
Auto loan score 63 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 5.89%APRas low as
Terms
2025-2026 model years. APR as low as stated. Loan approval and APR based on creditworthiness, payment method, length of loan term, ability to repay, and amount of loan.
Auto loan score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.90%APRas low as
Terms
Rates subject to change without notice.
Auto loan score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.90%APRas low as
Terms
2025 Model Year and Newer
Auto loan score 65 · Carrot Score 72
Rate checked · Auto loans rates on its site
Rates and branches - 5.90%APRas low as
Terms
Rates As Low As
Auto loan score 65 · Carrot Score 62
Rate checked · Auto loans rates on its site
Rates and branches - 5.91%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle year: 2026. Maximum term: 84 months.
Auto loan score 68
Rate checked · Auto loans rates on its site
Rates and branches - 5.93%APRas low as
Terms
2026-2027 Model Year. Monthly payment of $384.34 based on $20,000 loan for 60 months with credit score 740+.
Auto loan score 68 · Carrot Score 67
Rate checked · Auto loans rates on its site
Rates and branches - 5.93%APRas low as · up to 13.93%
5.93% APR, up to 13.93%
Auto loan score 68 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 5.94%APRas low as · up to 17.20%
5.94% APR, up to 17.20%
Terms
New & Used (2019 & current year). Minimum loan of $5,000 for qualified applicants.
Auto loan score 68 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 5.94%APRas low as · up to 18.00%
5.94% APR, up to 18.00%
Terms
Rates determined by creditworthiness criteria; applies to model years 2010-2026.
Auto loan score 68 · Carrot Score 73
Rate checked · Auto loans rates on its site
Rates and branches - 5.94%APRas low as
Terms
Based on approved credit on scores 675-750.
Auto loan score 65
Rate checked · Auto loans rates on its site
Rates and branches - 5.95%APRas low as
Terms
Financing for new and used vehicles (car & truck) or refinancing. Terms up to 7 years (84 months). Advertised 'as low as' rate assumes excellent borrower credit history. Lowest rate shown is for well-qualified borrowers. Full coverage insurance required with comprehensive and collision deductibles of $1,000 or less. No prepayment penalties.
Auto loan score 68 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - Waterbury CT Teachers Federal Credit UnionAuto New or Used 2021 - 2026 · up to 84 months
Credit union
5.95%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
New Car Only. Monthly repayment of $14.59 per $1000 borrowed. Rate reflects a discount of .25% for automatic payroll deduction, direct deposit or automatic transfer from shares.
Auto loan score 68 · Carrot Score 83
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
2,904 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
- Hanscom Federal Credit UnionCredit union
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