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 1171–1185 of 2,911 nationwide · median 5.00% APR
- 4.99%APRas low as
Terms
Fixed-rate loans with terms up to 84 months based on newness of vehicle. Rate determined by credit score tier; vehicles with MSRP > $75,000 may have higher rate.
Auto loan score 83 · Carrot Score 83
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate based on creditworthiness. Rate may range up to base rate plus 10%. 5-Star Program discounts available from .50% to 1.00% off.
Auto loan score 83 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
As low as; for qualified buyer.
Auto loan score 83 · Carrot Score 71
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Promotional rate as low as 4.99% APR for terms up to 72 months on new or used vehicles. Applies to vehicle purchase and refinance of an existing vehicle loan from another lender; current MECU loans are not eligible for consolidation or refinancing under this promotion. Excludes indirect lending, as well as boats, RVs, motorhomes, motorcycles, ATVs, classic or vintage vehicles, commercially built vehicles, and salvage-titled vehicles. Eligible loan amounts range from $5,000 to $100,000. Applicants must be at least 18 years of age and meet creditworthiness, lending qualifications, and membership eligibility.
Auto loan score 83 · Carrot Score 82
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
No down payment required.
Auto loan score 83 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Credit Score: 670-749 (Good); 84 months over $35,000 (current year); Max amount: 100% Book Value; Security: Title & Insurance
Auto loan score 83 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate quoted as low as; based on credit score. 100% financing.
Auto loan score 83 · Carrot Score 81
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rate as low as 4.99% for 5 Years or 60 Mo.
Auto loan score 83 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as · up to 10.49%
4.99% APR, up to 10.49%
Terms
Risk-based APR based on creditworthiness; lowest rates include matching floors.
Auto loan score 83 · Carrot Score 76
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as · up to 21.99%
4.99% APR, up to 21.99%
Terms
Rates as of October 2026. Rate may vary based on individual creditworthiness. Minimum payment - $50.00. Minimum term - 60 months. Subject to credit approval.
Auto loan score 83 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Terms
Rates as low as 4.99%. Flexible terms up to 72 months. Financing available for new and used autos. Auto refinancing available.
Auto loan score 83 · Carrot Score 88
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low as
Auto loan score 83 · Carrot Score 86
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs a checking account, direct deposit or relationship with the lender.
Terms
2024-2026 model years with less than 20,000 miles. Available to members with qualifying credit and member relationships.
Auto loan score 83 · Carrot Score 85
Rate checked · Auto loans rates on its site
Rates and branches - Michigan Educational Credit Union2026 - 2001 Automobiles (100% Financed) · up to 60 months
Credit union
4.99%APRas low aswith conditionsThis rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Rate includes a 0.25% discount for direct deposit and may vary based on credit history.
Auto loan score 83 · Carrot Score 84
Rate checked · Auto loans rates on its site
Rates and branches - 4.99%APRas low aswith conditions
This rate needs autopay and a checking account, direct deposit or relationship with the lender.
Terms
Model Years: 2021 & Newer. Requires Automatic Loan Payment transfer. APR as low as.
Auto loan score 83 · Carrot Score 89
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
2,911 banks and credit unions · checked Oct 22–25
- 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?
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
- Popular DirectBank
- Synchrony BankBank