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 2806–2820 of 2,905 nationwide · median 5.00% APR
- 7.38%APRas low as
Terms
Credit score >= 760. Minimum term 1 year, maximum term 5 years (terms in excess add 0.50% for 1 year or 1.00% for 2 years). APR based on $10k loan amount. Borrower must pay all lien filing fees.
Auto loan score 61 · Carrot Score 78
Rate checked · Auto loans rates on its site
More details - 7.39%APRas low as
Terms
Model years 2025/2024; APR based on $20,000 loan with credit score 750+
Auto loan score 61 · Carrot Score 65
Rate checked · Auto loans rates on its site
More details - 7.39%APRas low as · up to 7.75%
7.39% APR, up to 7.75%
Terms
Rates as low as 7.000% (7.745% - 7.394% APR). APR based on $25,000.00 loan with credit score of 750+ and $275 processing fee. Your actual APR will be based on your specific situation. Additional information including, but not limited to, the amount financed, term, loan-to-value, applicant's credit score, credit history, vehicle age and mileage will be taken into consideration.
Auto loan score 61 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - 7.40%APRas low as
Terms
Standard; 10% down
Auto loan score 61 · Carrot Score 60
Rate checked · Auto loans rates on its site
More details - 7.41%APRas low as · up to 7.81%
7.41% APR, up to 7.81%
Terms
Current fixed rates range from 7.41% to 7.81% APR for terms from 3 to 6 years, subject to credit approval. Rates may change. Normal Credit approval criteria apply.
Auto loan score 61
Rate checked · Auto loans rates on its site
More details - 7.42%APRas low as
Terms
Based on a 6-year fixed rate loan of $10,000 and a credit score of 700. Rates may vary depending on Credit Score and Loan-To-Value. Minimum loan amount of $3,000. Proof of insurance required at closing. 0.25% rate reduction with Auto Pay.
Auto loan score 61 · Carrot Score 74
Rate checked · Auto loans rates on its site
More details - 7.45%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; includes 0.25% auto-pay discount. New car (2025-2026, <15k miles).
Auto loan score 60 · Carrot Score 64
Rate checked · Auto loans rates on its site
More details - 7.49%APRas low as · up to 8.49%
7.49% APR, up to 8.49%
Auto loan score 61 · Carrot Score 79
Rate checked · Auto loans rates on its site
More details - 7.49%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Base rate for 84 months on 2023-2025 autos. Up to 100% financing for qualified borrowers. Payment of $15.33 per $1,000 borrowed.
Auto loan score 61 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - 7.49%APRas low as
Terms
Applies to 2026 & 2025 never titled vehicles. 0% down. Can go to 84 months but rate increases 1%.
Auto loan score 60 · Carrot Score 62
Rate checked · Auto loans rates on its site
More details - 7.49%APRas low as · up to 17.99%
7.49% APR, up to 17.99%
Terms
Up to 100% MSRP. Lowest rates require excellent credit (beacon score 740+) and DTI 49% or less.
Auto loan score 60 · Carrot Score 61
Rate checked · Auto loans rates on its site
More details - New Horizons Credit UnionNew Autos (2026, 2025 w/less than 15,000 miles) · up to 96 months
Credit union
7.49%APRas low asTerms
$65,000 minimum; No 90-day option; Max LTV 110% financing
Auto loan score 60 · Carrot Score 71
Rate checked · Auto loans rates on its site
More details - 7.50%APRas low as
Terms
Up to 84 months; 84-month term available on new vehicles only; minimum $40,000 loan amount.
Auto loan score 68 · Carrot Score 78
Rate checked · Auto loans rates on its site
More details - 7.50%APRas low as · up to 17.50%with conditions
7.50% APR, up to 17.50%
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Lowest APR is a result of all available rate discounts such as down payment and direct deposit. Not all borrowers will qualify for the lowest APR.
Auto loan score 61 · Carrot Score 87
Rate checked · Auto loans rates on its site
More details - 7.50%APRas low as
Terms
Rate is fixed for the entire term of the loan. Up to 60 months. Rates as low as APR.
Auto loan score 61 · Carrot Score 60
Rate checked · Auto loans rates on its site
More details
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
2,905 banks and credit unions · checked Oct 23–30
- Typical
- 5.00%
- Top 10% up to
- 4.25%
- Banks, typical
- 6.63%
- 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
- Synchrony BankBank
- Quorum Federal Credit UnionCredit union
- Hanscom Federal Credit UnionCredit union