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 766–780 of 2,919 nationwide · median 5.00% APR
- 4.74%APRas low as
Terms
2022 Model Years & Newer
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
84 month term limited to a loan balance greater than $20,000.00. Maximum term is based on the year/age of the collateral and may be less than 84 months. APR as low as rate based on individual credit history.
Auto loan score 88 · Carrot Score 79
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Loans subject to credit approval, not all members may qualify. Qualifying rate is dependent on credit qualifications, term of loan, and other conditions. Minimum APR loan payment example: 4.74% APR for 36 months per $1,000 is $29.86.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as · up to 16.49%
4.74% APR, up to 16.49%
Terms
Subject to credit approval. Interest rate ranges from 4.70% to 16.45%. A $45.00 admin fee is added to the loan amount. No application fee and no prepayment penalty. Proof of insurance required prior to loan funding.
Auto loan score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Auto loan score 88 · Carrot Score 94
Rate checked · Auto loans rates on its site
Rates and branches - Gerber Federal Credit UnionVehicle Loans - Automobiles, Trucks and Street Motorcycles · up to 72 months
Credit union
4.74%APRas low aswith conditionsThis rate needs a checking account, direct deposit or relationship with the lender.
Terms
Model years 2016 - 2026. New & Used. APR as low as after maximum Loyal Member Discounts rate reduction of .75%. Based on credit history.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Auto loan score 88 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Model year 2026 or older. APR as low as. Rates vary based on creditworthiness, underwriting standards and collateral conditions.
Auto loan score 88 · Carrot Score 93
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Model year 2024 - Newer.
Auto loan score 88 · Carrot Score 89
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Vehicle year 2023–2026. Without autopay discount.
Auto loan score 88 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Auto loan score 88 · Carrot Score 96
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Vehicle age: 2024 & Newer. Reflects 0.25% APR reduction for Payroll Deduction or Auto Transfer. 1st liens only, LTV up to 100%.
Auto loan score 88 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
61 to 72 Month
Auto loan score 88 · Carrot Score 87
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
As low as APR includes 1% discount for AutoPay and 0.75% discount for qualifying payroll direct deposit of at least $1,500/mo. On approved credit for purchases and refinances from another institution. Maximum 17.99% APR. Additional rate and financing conditions apply for loans $200,000 and greater.
Auto loan score 88 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - 4.74%APRas low as
Terms
Rate as low as 4.74% APR for new, pre-owned, or refinance auto loans. Receive up to a 0.50% rate discount with payroll deduction.
Auto loan score 88 · Carrot Score 84
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
2,919 banks and credit unions · checked Oct 22–24
- 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
- Synchrony BankBank