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 406–420 of 2,940 nationwide · median 5.00% APR
- 4.40%APRas low as · up to 13.40%
4.40% APR, up to 13.40%
Terms
Credit scores 700+ to 549 or less; rates vary by credit score
Auto loan score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.42%APRas low as
Terms
Rate shown will not apply to every loan and may vary based on other factors. Rate discount of 0.50% available for qualifying members.
Auto loan score 91 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Terms
Model year 2027 - 2023. Fixed rate. Up to 125% financing.
Auto loan score 91 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Auto loan score 91 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Terms
As low as rate for 60 Mo term.
Auto loan score 89 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Terms
For vehicles model year 2025 or newer with less than 7,000 miles. Lowest rate available for excellent credit. Up to 100% financing available.
Auto loan score 89 · Carrot Score 95
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Terms
Applies to New Vehicles only. Rates quoted assume excellent borrower credit history and may be higher depending on individual credit rating.
Auto loan score 88 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.44%APRas low as
Terms
New Auto (2025 and newer)
Auto loan score 87 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 4.45%APRas low as
Terms
Rate listed as APR; fixed rate. Preferred Rate Program offers 0.25% rate discount per qualifying active service.
Auto loan score 91 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.45%APRas low as
Terms
Rate stated as APR as low as.
Auto loan score 91 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.45%APRas low as
Auto loan score 91 · Carrot Score 74
Rate checked · Auto loans rates on its site
Rates and branches - 4.45%APRas low as
Terms
Dollar limits: greater than $7,000. Mileage limits: less than 110,000 miles. Rates 'as low as' based on creditworthiness.
Auto loan score 91 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.45%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate is with automatic payment. Rates are subject to credit, collateral, and term. Certain restrictions apply. Membership eligibility required.
Auto loan score 87 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.48%APRas low as
Auto loan score 85 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.49%APRas low as
Terms
Lowest possible APR disclosed. A .25% discount off qualifying APR available with auto payment enrollment (minimum rate 4.49% APR).
Auto loan score 89 · Carrot Score 98
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