Phoenix, Arizona Best Auto Loan Rates - October 2026
Brian McKay
Brian McKay
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Phoenix, Arizona auto loan rates range from 3.34% to 15.50% APR, verified by MonitorBankRates as of October 14, 2026. Current auto loan rates in Phoenix, Arizona include American Airlines Federal Credit UnionAmerican Airlines Federal Credit Union3800 E Sky Harbor Blvd Terminal 4, Phoenix, AZ, 85034A+5.0 ★Texas Ratio: 2.87% offering New Auto at 3.34%, Navy Federal Credit UnionNavy Federal Credit Union1928 E Highland Ave, Phoenix, AZ, 85016 4626A5.0 ★Texas Ratio: 8.14% offering New Auto Loan at 3.89%, Florida West Coast Credit UnionFlorida West Coast Credit Union4801 E THISTLE LANDING DR, PHOENIX, AZ, 85044A+5.0 ★Texas Ratio: 1.02% offering New Automobile (2025 & newer) at 3.99%, San Diego Firefighters Federal Credit UnionSan Diego Firefighters Federal Credit Union4801 E Thistle Landing Dr, Phoenix, AZ, 85044 6459A+5.0 ★Texas Ratio: 1.33% offering Auto Loan - Model Years 2021 and Newer at 4.19%, Sierra Pacific Federal Credit UnionSierra Pacific Federal Credit Union1600 E Northern Ave, Phoenix, AZ, 85020 3933A+5.0 ★Texas Ratio: 1.95% offering New and Used Auto Loan at 4.34%. Auto loan rates as of October 14, 2026 according to verified data from MonitorBankRates.
Phoenix has 20 local institutions in our database, with auto loan rates as low as 3.34% APR from American Airlines Federal Credit Union at 3800 E Sky Harbor Blvd Terminal 4, Phoenix, AZ, 85034. Use the tabs below to compare new and used auto loan rates. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Phoenix, Arizona. Auto Loan Rates Last Updated and Verified: October 14, 2026
Compare Auto Loan Rates Today in Phoenix, Arizona & Surrounding Area
Phoenix Auto Loan Rates
As Low As; Auto & Recreational Loans
As Low As; Auto & Recreational Loans
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Category: New & Used Automobiles
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Auto & Recreational Loans
As Low As; Up to 120% financing
As Low As; Up to 120% financing
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Up to 120% financing
As Low As; Up to 120% financing
As Low As; Category: New & Used Automobiles
As Low As; Final rate based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Auto & Recreational Loans
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Up to 120% financing
As Low As; Final rate based on credit worthiness and term of the loan.
- Sep 25, 20264.99%▼ from 6.99%
- Sep 14, 20266.99%first recorded
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
As Low As; Up to 120% financing
Published APR range: 4.99% - 17.65%. As low as
As Low As; Model Year: 2021 - New
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
Includes cars, pickup trucks, SUVs, etc.
As Low As; Model Year: 2021 - New
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.49%▲ from 5.39%
- Sep 18, 20265.39%first recorded
Includes cars, pickup trucks, SUVs, etc.
Published APR range: 5.49% - 19.15%. As low as
Published APR range: 5.49% - 23.00%. Vehicle age: up to 20 years old; Fixed; Based on amount financed, term, credit qualifications and performance
- Oct 14, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Published APR range: 5.50% - 18.15%. As low as
As Low As; Model year: 2022 and newer; Maximum loan term: 48 months
As Low As; Model Year: 2015 to 2017 (used vehicle)
As Low As; Used auto loan, model years 2018 to 2021
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.69%▲ from 5.59%
- Sep 18, 20265.59%first recorded
As Low As; Model year: 2022 and newer; Maximum loan term: 63 months
As Low As; APR*
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Model Year: 2015 to 2017 (used vehicle)
As Low As; Used auto loan, model years 2018 to 2021
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; APR*
As Low As
As Low As; Model Year: 2021 - New; 73-84 months available on loans greater than $25K
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
Published APR range: 6.00% - 20.15%. As low as
Published APR range: 6.00% - 19.65%. As low as
APR range: 6.00% - 13.85%; up to 14.10% financing on New/Used Auto purchases and refinances from another institution, maximum 84-month term
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a new car would have a 6.24% APR for 60 months, monthly payment of $875.01 for $45,000 financing, down payment of $0
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
As Low As
APR range: 6.24% - 14.10%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
APR range: 6.24% - 12.73%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
Credit Score: 725+
- Oct 4, 20266.25%▼ from 11.25%
- Sep 25, 202611.25%▲ from 6.25%
- Sep 14, 20266.25%first recorded
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a used 2022 year car would have a 6.29% APR for 60 months, monthly payment of $584.04 for $30,000 financing, down payment of $0
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
As low as
2016 - 2026
As Low As; Model year: 2022 and newer; Maximum loan term: 75 months
As Low As; Model Year: 2024 + older Used
As Low As; Model Year: 2024 + older Used
As Low As; Model Year: 2024 + older Used
As low as
2018 - 2026
As low as
2022 - 2026
As Low As
As Low As; Used auto loan, model years 2018 to 2021
As low as
2023 - 2026
As Low As; Model Year: 2025 + newer New + used
As Low As
Credit Score: 725+
As Low As; Model year: 2022 and newer; Maximum loan term: 84 months
As Low As; Model Year: 2024 + older Used
As Low As; Used auto loan, model years 2018 to 2021
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
Same rate across credit score tiers 725+ to 559 & under
As Low As
As Low As; Model Year: 2016-2020
Published APR range: 7.00% - 20.65%. As low as
As Low As; Rates apply to 2015 or newer models if conditions are met.
Credit Score: 725+
As Low As; Model Year: 2025 + newer New + used
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles; Minimum loan amount $30,000 for terms of 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Loan terms greater than 84 months only for vehicles with fewer than 7,500 miles; Minimum loan amount $30,000 for 85-96 months; Rates as of Oct 13, 2026 ET
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
As Low As; Rates as of Oct 13, 2026 ET
As Low As; Rates as of Oct 13, 2026 ET
As Low As; Model Year: 2024 + older Used
As Low As; Model Year: 2016-2020
Credit Score: 680-724
- Oct 4, 20267.75%▼ from 11.25%
- Sep 25, 202611.25%▲ from 7.75%
- Sep 17, 20267.75%▲ from 6.25%
- Sep 14, 20266.25%first recorded
Loan amount greater than $20,000; Credit Score: 725+
- Sep 18, 20267.75%▼ from 8.75%
- Sep 14, 20268.75%first recorded
As Low As
As Low As
Credit Score: 725+
Credit Score: 680-724
As Low As; Model Year: 2016-2020; 73-84 months available on loans greater than $25K
Credit Score: 680-724
Loan amount greater than $20,000; Credit Score: 680-724
Loan amount greater than $20,000; Credit Score: 725+
Credit Score: 640-679
- Oct 4, 20269.25%▼ from 11.25%
- Sep 25, 202611.25%▲ from 9.25%
- Sep 14, 20269.25%first recorded
Credit Score: 680-724
Credit Score: 640-679
As Low As; Minimum amount financed $25,000; Rates as of Oct 13, 2026 ET
As Low As; Minimum amount financed $25,000; Rates as of Oct 13, 2026 ET
As Low As; Minimum amount financed $30,000; Rates as of Oct 13, 2026 ET
Loan amount greater than $20,000; Credit Score: 680-724
Credit Score: 640-679
Loan amount greater than $20,000; Credit Score: 640-679
Credit Score: 640-679
Credit Score: 600-639
- Sep 25, 202611.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 11.25%
- Sep 14, 202611.25%first recorded
Loan amount greater than $20,000; Credit Score: 640-679
Credit Score: 600-639
Credit Score: 600-639
Credit Score: 560-599
- Sep 25, 202612.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 12.25%
- Sep 17, 202612.25%▲ from 11.25%
- Sep 14, 202611.25%first recorded
Loan amount greater than $20,000; Credit Score: 600-639
- Sep 18, 202612.25%▲ from 10.25%
- Sep 14, 202610.25%first recorded
Credit Score: 560-599
Credit Score: 600-639
Credit Score: 560-599
Credit Score: 559 & Under
- Sep 25, 202613.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 13.25%
- Sep 17, 202613.25%▲ from 11.25%
- Sep 14, 202611.25%first recorded
Loan amount greater than $20,000; Credit Score: 560-599
- Sep 18, 202613.25%▼ from 14.25%
- Sep 14, 202614.25%first recorded
Loan amount greater than $20,000; Credit Score: 600-639
Credit Score: 559 & Under
Credit Score: 560-599
Credit Score: 559 & under
Loan amount greater than $20,000; Credit Score: 559 & Under
Loan amount greater than $20,000; Credit Score: 560-599
Credit Score: 559 & under
Loan amount greater than $20,000; Credit Score: 559 & under
As Low As; Best rate for 36 month term; Higher rates apply for terms longer than 36 months; Terms up to 84 months; includes .25% automatic payment discount from an Arrowhead account
Published APR range: 3.99% -16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
Model Years: 2023 - 2027
Model Years: 2023 - 2027
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
As Low As
As Low As
Model Years: 2023 - 2027
Published APR range: 4.49% - 16.99%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
As Low As
As Low As
Model Year: 2022 & Older
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Model Years: 2023 - 2027; ($20,000 Minimum)
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
New Car auto loan; APR
New Car auto loan; APR
New Car auto loan; APR
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Published APR range: 4.99% - 17.24%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
As Low As; Fixed; Rates for Utah
As Low As
Published APR range: 4.99% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
Model Year: 2022 & Older
New Auto loans (Min $20,000.00)
Published APR range: 5.24% - 17.74%. Model Year: 2020 - 2023; Effective Date: Monday, October 12th, 2026
As Low As; Fixed; Rates for Utah
As Low As; New Vehicle 2021 and Newer, 10,000 miles or less
Used Auto loans (Min $15,000.00)
New Auto loans
As Low As; Fixed Rates; Vehicle loan
- Sep 29, 20265.39%▲ from 4.99%
- Sep 14, 20264.99%first recorded
Published APR range: 5.49% - 17.74%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
As Low As
Published APR range: 5.49% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
As Low As; Max term: Up to 48 months
Used Auto Loans
As Low As; Fixed Rates; Vehicle loan
- Sep 29, 20265.64%▲ from 5.24%
- Sep 14, 20265.24%first recorded
As Low As; Fixed Rates; APR (as low as)
- Sep 29, 20265.64%▲ from 5.24%
- Sep 14, 20265.24%first recorded
As Low As; Terms: See Terms; Apply Now
- Oct 9, 20265.69%▲ from 5.54%
- Sep 18, 20265.54%first recorded
As Low As; Interest Rate As Low As column; see Terms
- Oct 13, 20265.69%▲ from 5.54%
- Sep 14, 20265.54%first recorded
Interest rates based on approved credit on scores 675-750
Phoenix New Auto Auto Loan Rates
As Low As; Auto & Recreational Loans
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Category: New & Used Automobiles
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Auto & Recreational Loans
As Low As; Up to 120% financing
As Low As; Up to 120% financing
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Up to 120% financing
As Low As; Up to 120% financing
As Low As; Category: New & Used Automobiles
As Low As; Final rate based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Up to 120% financing
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
APR Type: Fixed; Effective Date: 10/12/2026
As Low As; Up to 120% financing
Published APR range: 4.99% - 17.65%. As low as
As Low As; Rates apply to 2019 or newer models if conditions are met.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.49%▲ from 5.39%
- Sep 18, 20265.39%first recorded
Published APR range: 5.50% - 18.15%. As low as
As Low As; Model year: 2022 and newer; Maximum loan term: 48 months
As Low As; Model year: 2022 and newer; Maximum loan term: 63 months
As Low As; APR*
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Business Vehicle Loan Rates; New vehicles: new and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; APR*
As Low As
Published APR range: 6.00% - 20.15%. As low as
APR range: 6.00% - 13.85%; up to 14.10% financing on New/Used Auto purchases and refinances from another institution, maximum 84-month term
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a new car would have a 6.24% APR for 60 months, monthly payment of $875.01 for $45,000 financing, down payment of $0
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
As Low As
APR range: 6.24% - 14.10%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
APR range: 6.24% - 12.73%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
Credit Score: 725+
- Oct 4, 20266.25%▼ from 11.25%
- Sep 25, 202611.25%▲ from 6.25%
- Sep 14, 20266.25%first recorded
As low as
As Low As; Model year: 2022 and newer; Maximum loan term: 75 months
As low as
As low as
As low as
As Low As; Model Year: 2025 + newer New + used
As Low As
Credit Score: 725+
As Low As; Model year: 2022 and newer; Maximum loan term: 84 months
As Low As; Model Year: 2025 + newer New + used
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; New vehicles; Minimum loan amount $30,000 for terms of 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles; Loan terms greater than 84 months only for vehicles with fewer than 7,500 miles; Minimum loan amount $30,000 for 85-96 months; Rates as of Oct 13, 2026 ET
Credit Score: 680-724
- Oct 4, 20267.75%▼ from 11.25%
- Sep 25, 202611.25%▲ from 7.75%
- Sep 17, 20267.75%▲ from 6.25%
- Sep 14, 20266.25%first recorded
Loan amount greater than $20,000; Credit Score: 725+
- Sep 18, 20267.75%▼ from 8.75%
- Sep 14, 20268.75%first recorded
Credit Score: 680-724
Loan amount greater than $20,000; Credit Score: 680-724
Credit Score: 640-679
- Oct 4, 20269.25%▼ from 11.25%
- Sep 25, 202611.25%▲ from 9.25%
- Sep 14, 20269.25%first recorded
Credit Score: 640-679
Loan amount greater than $20,000; Credit Score: 640-679
Credit Score: 600-639
- Sep 25, 202611.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 11.25%
- Sep 14, 202611.25%first recorded
Credit Score: 600-639
Credit Score: 560-599
- Sep 25, 202612.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 12.25%
- Sep 17, 202612.25%▲ from 11.25%
- Sep 14, 202611.25%first recorded
Loan amount greater than $20,000; Credit Score: 600-639
- Sep 18, 202612.25%▲ from 10.25%
- Sep 14, 202610.25%first recorded
Credit Score: 560-599
Credit Score: 559 & Under
- Sep 25, 202613.25%▲ from 9.25%
- Sep 25, 20269.25%▼ from 13.25%
- Sep 17, 202613.25%▲ from 11.25%
- Sep 14, 202611.25%first recorded
Loan amount greater than $20,000; Credit Score: 560-599
- Sep 18, 202613.25%▼ from 14.25%
- Sep 14, 202614.25%first recorded
Credit Score: 559 & Under
Loan amount greater than $20,000; Credit Score: 559 & Under
Published APR range: 3.99% -16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Published APR range: 4.49% - 16.99%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
New Car auto loan; APR
New Car auto loan; APR
New Car auto loan; APR
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Credit Union finances 100% of purchase price including tax, registration and extended warranty; Maximum car loan $75,000.00
Published APR range: 4.99% - 17.24%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Published APR range: 4.99% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
New Auto loans (Min $20,000.00)
Published APR range: 5.24% - 17.74%. Model Year: 2020 - 2023; Effective Date: Monday, October 12th, 2026
As Low As; New Vehicle 2021 and Newer, 10,000 miles or less
New Auto loans
As Low As; Fixed Rates; Vehicle loan
- Sep 29, 20265.39%▲ from 4.99%
- Sep 14, 20264.99%first recorded
Published APR range: 5.49% - 17.74%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Minimum loan $10,001 on terms of more than 48 months; Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
Published APR range: 5.49% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
As Low As; Max term: Up to 48 months
As Low As; Fixed Rates; Vehicle loan
- Sep 29, 20265.64%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Interest rates based on approved credit on scores 675-750
Phoenix Used Auto Auto Loan Rates
As Low As; Auto & Recreational Loans
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Category: New & Used Automobiles
As Low As; Auto & Recreational Loans
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Final rate based on credit worthiness and term of the loan.
- Sep 25, 20264.99%▼ from 6.99%
- Sep 14, 20266.99%first recorded
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met.
Published APR range: 5.49% - 19.15%. As low as
As Low As; Model Year: 2015 to 2017 (used vehicle)
As Low As; Used auto loan, model years 2018 to 2021
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.69%▲ from 5.59%
- Sep 18, 20265.59%first recorded
As Low As; APR*
As Low As; Model Year: 2015 to 2017 (used vehicle)
As Low As; Used auto loan, model years 2018 to 2021
As Low As; Rates apply to 2019 or newer models if conditions are met.
As Low As; APR*
Published APR range: 6.00% - 19.65%. As low as
APR range: 6.00% - 13.85%; up to 14.10% financing on New/Used Auto purchases and refinances from another institution, maximum 84-month term
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2025 + newer New + used
APR range: 6.24% - 14.10%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
APR range: 6.24% - 12.73%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a used 2022 year car would have a 6.29% APR for 60 months, monthly payment of $584.04 for $30,000 financing, down payment of $0
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
2016 - 2026
As Low As; Model Year: 2024 + older Used
As Low As; Model Year: 2024 + older Used
As Low As; Model Year: 2024 + older Used
2018 - 2026
2022 - 2026
As Low As; Used auto loan, model years 2018 to 2021
2023 - 2026
As Low As; Model Year: 2025 + newer New + used
As Low As; Model Year: 2024 + older Used
As Low As; Used auto loan, model years 2018 to 2021
As Low As; Rates as of Oct 13, 2026 ET; Assumes excellent credit; Used vehicles
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 13, 2026 ET
Published APR range: 7.00% - 20.65%. As low as
Credit Score: 725+
As Low As; Model Year: 2025 + newer New + used
As Low As; Business Vehicle Loan Rates; Used vehicles: 2024 and older model years or any model year with over 30,000 miles
As Low As; Model Year: 2024 + older Used
Credit Score: 725+
Credit Score: 680-724
Loan amount greater than $20,000; Credit Score: 725+
Credit Score: 680-724
Loan amount greater than $20,000; Credit Score: 680-724
Credit Score: 640-679
Credit Score: 640-679
Loan amount greater than $20,000; Credit Score: 640-679
Credit Score: 600-639
Credit Score: 600-639
Credit Score: 560-599
Loan amount greater than $20,000; Credit Score: 600-639
Credit Score: 560-599
Credit Score: 559 & under
Loan amount greater than $20,000; Credit Score: 560-599
Credit Score: 559 & under
Loan amount greater than $20,000; Credit Score: 559 & under
Published APR range: 3.99% -16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
Published APR range: 4.49% - 16.99%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Published APR range: 4.99% - 17.24%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Published APR range: 4.99% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
Published APR range: 5.24% - 17.74%. Model Year: 2020 - 2023; Effective Date: Monday, October 12th, 2026
Used Auto loans (Min $15,000.00)
Published APR range: 5.49% - 17.74%. Model Year: 2024 & Newer; Effective Date: Monday, October 12th, 2026
Published APR range: 5.49% - 16.99%. New & Used Vehicles; Effective Date: October 13, 2026; APR Range
As Low As; Max term: Up to 48 months
Used Auto Loans
As Low As; Fixed Rates; APR (as low as)
- Sep 29, 20265.64%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Phoenix, AZ Auto Loan Rate Trends
Compare local Phoenix, AZ auto loan rates against the statewide average
Daily auto loan rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Arizona new auto rates rose 0.056 points over the past 7 days to 5.321% APR.
Arizona used auto rates fell 0.011 points over the past 7 days to 5.754% APR.
Phoenix, AZ Auto Loan Rate Forecast, Next 12 Months
Auto loan APRs track lender funding costs, which follow Federal Reserve policy. Our model projects the likely path of new and used auto averages from the current Arizona figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; auto lenders reprice within one to two policy cycles as funding costs move, and credit union pricing tends to lag banks slightly.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Would Your Monthly Car Payment Be?
Estimated monthly payments on a standard 60-month auto loan at today’s average Arizona APRs. Even a small APR difference adds up over the life of a car loan. Use the calculator below to model your exact loan.
| Loan Amount | New Auto @ 5.32% APR AZ average | Used Auto @ 5.75% APR AZ average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.28/mo | $288.28/mo | $3.00/mo |
| $25,000 | $475.47/mo | $480.47/mo | $5.00/mo |
| $35,000 | $665.65/mo | $672.65/mo | $7.00/mo |
| $45,000 | $855.84/mo | $864.84/mo | $9.00/mo |
Principal and interest only, 60-month term, calculated from current average APRs. Taxes, title, registration, and optional add-ons are not included. Your APR depends on credit score, loan term, vehicle age, and lender underwriting.
How to Get the Best Auto Loan Rate in Phoenix, Arizona
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Phoenix, Arizona locks in a real rate before you set foot on a dealer lot. It turns you into a cash buyer, gives you a benchmark to beat, and protects you from dealer financing markups. Dealers can legally add points to the rate a lender actually approved you for.
Check Credit Unions First
Credit unions consistently offer some of the lowest auto loan APRs in Arizona. Membership is usually easier to get than people expect. Many local credit unions accept anyone who lives, works, or worships in the area, and some let you join with a small donation to a partner charity.
Choose the Shortest Term You Can Afford
Shorter terms almost always carry lower APRs, and you pay interest for fewer months. A 72- or 84-month loan lowers the monthly payment but dramatically raises total interest cost and increases the time you spend “underwater”, owing more than the car is worth. Aim for 60 months or less if the payment fits your budget.
Mind the New vs. Used Rate Spread
Used car loans typically run 0.5 to 1.5 percentage points above new car rates. If you’re shopping late-model used vehicles, ask about certified pre-owned programs. CPO vehicles sometimes qualify for new-car financing rates, which can offset part of the price difference between the two.
- Saving up for a bigger down payment: park it in a Phoenix, Arizona high-yield savings account so it earns while you shop
- Buying from a private seller where auto financing is harder to arrange: compare personal loan rates
- Car fund you won’t need for a set period: Phoenix, Arizona CD rates lock in a guaranteed return until you’re ready to buy
Phoenix, Arizona Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $571 monthly car payment works out to roughly 15.7% of the median individual income in Phoenix, Arizona. Most budgeting guidelines suggest keeping total vehicle costs (payment, insurance, fuel, and maintenance) under 15 to 20% of take-home pay.
Auto Financing Options Compared
An auto loan isn’t the only way to finance a vehicle in Phoenix, Arizona, but for most borrowers it’s the cheapest. Here’s how the main options stack up.
| Feature | Credit Union Auto Loan | Bank Auto Loan | Dealer Financing | Personal Loan |
|---|---|---|---|---|
| Typical APR Level | ✓ Often lowest | ✓ Competitive | ● Varies, can be marked up | ✗ Highest (unsecured) |
| Rate Locked Before You Shop | ✓ Yes, via preapproval | ✓ Yes, via preapproval | ✗ Arranged at the dealership | ✓ Yes |
| Membership / Relationship Required | ● Membership (usually easy) | ✗ No | ✗ No | ✗ No |
| Works for Private-Party Sales | ✓ Usually | ● Sometimes | ✗ No | ✓ Yes |
| Convenience at Purchase | ● Preapproval step first | ● Preapproval step first | ✓ One-stop at the dealer | ● Funds in 1 to 3 days |
| Best For | Lowest total cost of borrowing | Existing bank customers & rate discounts | Manufacturer 0% promos on new cars | Older vehicles lenders won’t finance |
General comparison for educational purposes. Manufacturer promotional financing (0 to 2.9% APR offers) through dealers can beat any bank or credit union rate when you qualify. Always compare the promo against a cash rebate plus outside financing.
Auto Loan Payment Calculator
Estimate your monthly payment on a new or used vehicle in Phoenix, Arizona. We’ve prefilled the APR with today’s AZ new-auto average, or click any current rate on the right to apply it instantly.
Estimates include principal and interest only. Sales tax, title, registration, documentation fees, and optional products (GAP, warranties) are not included and are often financed into the loan. Advertised APRs typically require excellent credit; your rate may differ.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Phoenix, Arizona auto loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Auto Loan Rate Data: We aggregate new and used auto loan rates for Phoenix, Arizona directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the lenders’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available auto loan products in Phoenix, Arizona. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in AZ.
Regularly Updated APRs: Our rate updaters verify and update auto loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Auto loan APRs shown typically represent the lowest available rate for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, loan term, vehicle age, and other underwriting factors.
Bad Credit Auto Loans in Phoenix, Arizona
You can get a car loan with bad credit, but your credit score moves the APR more than almost anything else. Lenders sort borrowers into tiers, and the average used car loan for a subprime borrower costs more than twice what a prime borrower pays. On a $25,000 used car loan over 60 months, that gap adds up to about $8,000 in extra interest.
| Credit Tier | Score Range | New Car APR | Used Car APR | $25,000 Used, 60 Mo. |
|---|---|---|---|---|
| Super prime | 781 to 850 | 4.41% | 6.29% | $487/mo |
| Prime | 661 to 780 | 6.15% | 8.81% | $517/mo |
| Near prime | 601 to 660 | 9.71% | 13.93% | $581/mo |
| Subprime | 501 to 600 | 13.52% | 19.10% | $650/mo |
| Deep subprime | 300 to 500 | 16.11% | 21.62% | $685/mo |
Average APRs from Experian, State of the Automotive Finance Market, Q2 2026 (VantageScore 4.0). Payment is principal and interest only.
Get Preapproved Before the Dealer
A preapproval from a bank or credit union gives you a real rate to compare. Dealers can add a markup to the rate a lender approves, and bad credit car buyers are the easiest to overcharge.
Start With a Credit Union
Federal credit unions cannot charge more than 18% APR on most loans through September 10, 2027, and many will look past your score at your income and history with them.
Put More Money Down
A larger down payment lowers the lender's risk and keeps you from owing more than the car is worth. Even 10% to 20% down can move a borderline application to an approval.
Keep the Term Short
A 72 or 84 month loan lowers the payment but stacks interest on top of an already high APR. Choose a less expensive car before you choose a longer term.
Add a Cosigner
A cosigner with strong credit can get you a prime rate. They are fully responsible for the loan if you miss payments, so only ask someone who understands that.
Be Careful With Buy Here Pay Here
These lots approve almost anyone, but often at the highest legal rates and on older cars. Many do not report on time payments to the credit bureaus, so the loan may not help rebuild your score.
Frequently Asked Questions about Auto Loans in Phoenix, Arizona
How does my credit score affect my car loan rate in Arizona?
Is it better to finance through a dealership or a bank?
What is the difference between New and Used Auto Loan rates?
How long should my auto loan term be?
Should I get preapproved for an auto loan before visiting a dealer in Phoenix, Arizona?
Why are used car loan rates higher than new car rates?
Can I refinance my auto loan if rates drop or my credit improves?
Can I get an auto loan with bad credit in Phoenix, Arizona?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Phoenix, Arizona?
- American Airlines Federal Credit Union: 3.34% (New Auto)
- Navy Federal Credit Union: 3.89% (New Auto Loan)
- Florida West Coast Credit Union: 3.99% (New Automobile (2025 & newer))
- San Diego Firefighters Federal Credit Union: 4.19% (Auto Loan - Model Years 2021 and Newer)
- Sierra Pacific Federal Credit Union: 4.34% (New and Used Auto Loan)
Phoenix, Arizona Rates & Resources
