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 271–285 of 2,940 nationwide · median 5.00% APR
- 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Includes 0.25% automatic payment discount. Estimated monthly payment: $18.53 per $1,000 borrowed.
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Requires a FICO score of 760 or greater and includes a 0.50% loan rate discount (consisting of a 0.25% Ultimate tier loan rate discount through Relationship Rewards Program + a 0.25% loan rate discount for autopay).
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Newer Auto Loans. Includes 1.25% APR discount.
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
Estimated payment $18.53 per $1,000 for 60 months. As low as rates are based on a credit score of 740+ and include discounts for credit life/disability insurance, major mechanical protection, and a loan-to-value less than 80%.
Auto loan score 88 · Carrot Score 92
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as rate reflects eligibility for all possible discounts (including maximum relationship discount of up to 0.50% with auto pay from a USSFCU account and online/mobile banking login). Estimated monthly payment as low as $185.10 based on $10,000 balance.
Auto loan score 88 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Terms
New & Green Vehicles. As low as APR upon approved credit. "Green" vehicles are electric, hybrid or a vehicle that gets >35 MPG City (per www.fueleconomy.gov).
Auto loan score 87 · Carrot Score 70
Rate checked · Auto loans rates on its site
Rates and branches - First New York Federal Credit UnionNew Auto Loan: 2021-2027 Model Years · up to 60 months
Credit union
4.24%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate as low as 4.24% APR. Reflects 0.25% automatic payment discount.
Auto loan score 87 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Terms
2024 and Newer. Fixed APR as low as listed. Rates and terms are based on year of collateral, loan amount and mileage. Vehicles with over 100,000 miles have a 1% rate increase. Vehicle models 12 years and older have a 2% rate increase. Based on creditworthiness. Flexible terms up to 84 months. No payment for the first 60 days (interest accrues from funding date).
Auto loan score 87 · Carrot Score 90
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as · up to 13.85%
4.24% APR, up to 13.85%
Terms
For 2023 & newer vehicles. Lowest APR requires 750+ credit score; highest APR applies to 599 and below credit score.
Auto loan score 87 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Discounted rate includes discounts for purchasing a new vehicle from auto buying service New Cars Inc. (NCI) and financing with Wheelhouse Credit Union (0.50% discount), purchasing any two (2) ancillary products (0.25% discount), and setting up automatic loan payments from an Inspired Checking Account (0.25% discount).
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Terms
APR as low as 4.24%. Term up to 72 months; maximum secured loan amount $60,000; LTV up to 125%; vehicles 7 years or newer.
Auto loan score 86 · Carrot Score 75
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low as
Terms
APR as low as 4.24%. All loans subject to credit approval. Rate discounts available based on varying qualifications (e.g., .25% off loan rate with e-statements). Terms vary based on amount financed.
Auto loan score 86 · Carrot Score 78
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
With approved credit for new and used auto loans. Actual rate may vary based on creditworthiness and loan terms. The advertised rate includes a 0.75% rate reduction for automatic payments from a KTCCU checking account. Offer available only for a limited time and subject to change without notice. Refinancing is available for loans from other financial institutions; existing KTCCU auto loans are not eligible.
Auto loan score 83 · Carrot Score 80
Rate checked · Auto loans rates on its site
Rates and branches - 4.24%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model Year 2027 - 2023. Includes 1.00% discount for automatic monthly payment.
Auto loan score 79 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.25%APRas low as
Terms
Monthly payment per thousand is $18.53.
Auto loan score 95 · Carrot Score 85
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
2,940 banks and credit unions · checked Oct 16–23
- Typical
- 5.00%
- Top 10% up to
- 4.25%
- Banks, typical
- 6.60%
- 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
- Synchrony BankBank