Lincolnshire, Illinois Best Auto Loan Rates - September 2026
Brian McKay
Brian McKay
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Current auto loan rates in Lincolnshire, Illinois include CTA 74th Street Depot Federal Credit UnionCTA 74th Street Depot Federal Credit UnionA5.0 ★Texas Ratio: 10.55% offering New Auto Loan at 2.50%, SIU Credit UnionSIU Credit UnionA+5.0 ★Texas Ratio: 4.87% offering Auto Loans at 2.50%, Polish And Slavic Federal Credit UnionPolish And Slavic Federal Credit UnionA+5.0 ★Texas Ratio: 1.36% offering New Auto Loan at 2.99%, Chicago Firefighters Credit UnionChicago Firefighters Credit UnionA+5.0 ★Texas Ratio: 0.13% offering New Vehicle Loan at 3.00%, Western Springs Federal Credit UnionWestern Springs Federal Credit UnionA+5.0 ★Texas Ratio: 0.93% offering New Car Loan at 3.25%. Auto loan rates as of September 9, 2026 according to verified data from MonitorBankRates.
Lincolnshire borrowers have access to 71 lenders serving the Illinois area, with auto loan rates as low as 2.50% APR from CTA 74th Street Depot Federal Credit Union. 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 Lincolnshire, Illinois. Auto Loan Rates Last Updated and Verified: September 9, 2026
Compare Auto Loan Rates Today in Lincolnshire, Illinois & Surrounding Area
Lincolnshire Auto Loan Rates
Score: 700 and Up (Max $60,000 and Up)
As Low As; No Payments for 90 Days
Score: 700 and Up (Max $50,000 and Up)
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Score: 700 and Up (Max $60,000 and Up)
Credit Score: A 700 & Up
Score: 700 and Up (Max $60,000 and Up)
Score: 700 and Up (Max $50,000 and Up)
Maximum Loan $55,000.00
As Low As; Rates listed above are "As Low As For Well Qualified Borrowers" or the lowest rates available for the term/model year. Your rate is based on credit score/history and term of loan and may not qualify for the lowest possible rate. 72 - 84 month financing applies to loans greater than $25,000. 84-month financing may require Gap Insurance. Vehicle loans currently financed at Partnership Financial Credit Union are not eligible to refinance for the lower rate at Partnership Financial Credit Union.
Qualifications Required: Must provide a vehicle description, most recent two pays stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan; SSCFCU will finance a new or used vehicle up to 90% of Kelley's Blue Book value. The vehicle must be less than 7 years old. You can borrow up to $40K for a new car or $35K for a used car. Application fee: $20.00
As Low As
Score: 700 and Up (Max $60,000 and Up)
Same year or following year & never before titled
Same year or following year & never before titled
Score: 700 and Up (Max $50,000 and Up)
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
APR as low as
APR as low as
As low as
Credit Score: A 700 & Up
Credit Score: A 700-above
20% Down
20% Down
As Low As; loan value over $15,000
As Low As
2023 and Newer; ALL RATES SUBJECT TO CREDIT APPROVAL; The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information; Existing CCNCU loans are excluded from this rate
APR as low as
APR as low as
APR as low as
As Low As; For Well Qualified Borrowers
As Low As
Up to retail value
20% Down
Up to retail value
With Auto Buying Service**
Special Rates
As Low As*
Model Year: 2021 & Newer
For new and used car loans.
As Low As
Vehicles 5 years and older add 2.00% to each tier. Rates are subject to change. Please contact Financial Partners Credit Union for current rate and eligibility details.
As Low As
2023 and Newer; ALL RATES SUBJECT TO CREDIT APPROVAL; The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information; Existing CCNCU loans are excluded from this rate
New 2026, 2025: 10% down
APR* as low as
Score: 625 - 699 (Max $50,000)
Score: 700 and Up (Max $50,000 and Up)
APR as low as
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: A 700-above
As Low As; New Vehicle Loan Rates
As Low As; loan value over $15,000
New Auto (2025, 2026, 2027)
As Low As
As Low As; 2024, '25 & '26 Models
As Low As
Loan-to-Value: 90%
Rates displayed are the lowest rates available including a discount for automatic payment. Minimum $10,001 on loans with a term of more than 48 months.
2021 - 2022; ALL RATES SUBJECT TO CREDIT APPROVAL; The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information; Existing CCNCU loans are excluded from this rate
Maximum Loan $55,000.00
New Never Titled
2022 & Newer
APR as low as
APR as low as
APR as low as
Credit Score: C 550-624
As Low As
As Low As
As Low As; For Well Qualified Borrowers
As Low As; For Well Qualified Borrowers
Used Auto (2024 - 2023)
Vehicle Year: 2025 and newer
As Low As
New 2026, 2025: 10% down
Vehicle Year: 2025 and newer
As Low As
New 2026, 2025: 10% down
Without Auto Buying Service
Financing up to 72 months; Vehicle must be 2022 or newer; 680 minimum credit score; Have or open a BVNB deposit account; Automatic payment from BVNB deposit account; All standard underwriting rules apply; Eligible Professions: Active/Retired Military, Veterans, EMS Personnel, Teachers, Nurses/Doctors, Firefighters, Police Officers; Offer valid on vehicle purchases. Refinanced vehicles will qualify if purchased in the last 6 months. Documentation of line of work required. Actual annual percentage rate (APR) may be different based on other factors. Maximum loan term 72 months. Payment example: A 60-month $25,000 fixed-rate secured auto loan at 4.49% APR has a monthly payment of $465.98. Auto pay from BVNB account is required. This rate offer can be removed at any time without notice.
All other vehicles
Used-all other vehicles
As Low As*
As low as; Rates are subject to change, credit history and other factors including but not limited to- model year, term, and financing. Terms and financing are subject to qualifying conditions. Other rates, terms and conditions available. Contact GMFCU for complete details.
As Low As
As Low As; Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
As Low As
Model Year: 2026 - 2025
As Low As; 72 month financing applies to vehicles $20,000 or more.
As Low As; 72 month financing applies to vehicles $20,000 or more.
As low as; 2025 & Newer; Rate includes discounts for platinum checking and automatic payment.
APR* as low as
2019 or older add 2% to rate
Loan-to-Value: 90%
As Low As*
As Low As
As low as; *
As low as
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: A 700-above
As Low As
Up to 120% of Retail
Up to retail value
20% Down
Up to 120% of Retail
As Low As
Used Auto (2022 - 2021)
Vehicle Year: 2025 and newer
As Low As
New 2026, 2025
2020 - 2021
Vehicle Year: 2022-2024
As Low As
New 2026, 2025
As low as; 2025 & Newer; Rate includes discounts for platinum checking and automatic payment.
As Low As*
As Low As
As Low As
As Low As; 2023 - 2026
Model Year: 2026 - 2025
2017 - 2020; ALL RATES SUBJECT TO CREDIT APPROVAL; The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information; Existing CCNCU loans are excluded from this rate
Rates as low as
Rates are based on Member's individual credit quality and subject to change without notice. For new vehicles, we can finance up to 100% of the cost to purchase. As Low As; Current as of April 1, 2026.
APR* as low as
As Low As; 2019 & Newer
2025-2026 less than 5,000 miles
2019-2025 and 2025-2026 with over 5,000 miles
As low as; *
APR as low as
APR as low as
Credit Score: C 550-624
Credit Score: C 550-624
As Low As
As Low As
Credit Score: 730+; LTV: up to 130%
As Low As; For Well Qualified Borrowers
As Low As; For Well Qualified Borrowers
As Low As
As Low As; Minimum deposit $500
Vehicle Year: 2025 and newer
As Low As
2024-New
As Low As; 2024, '25 & '26 Models
As Low As; 2024, '25 & '26 Models
As Low As; 2024, 25 & '26 Models
New 2026, 2025
Model Year: 2024 & Newer*
As low as
Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month; Rates displayed include the additional All-In Member Pricing interest rate discount up to 0.50% APR. Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month. The rate listed indicates automatic payment made electronically. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
Loan-to-Value: 90%
Lincolnshire New Auto Auto Loan Rates
Score: 700 and Up (Max $60,000 and Up)
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Score: 700 and Up (Max $60,000 and Up)
Credit Score: A 700 & Up
Score: 700 and Up (Max $60,000 and Up)
Maximum Loan $55,000.00
Qualifications Required: Must provide a vehicle description, most recent two pays stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan; SSCFCU will finance a new or used vehicle up to 90% of Kelley's Blue Book value. The vehicle must be less than 7 years old. You can borrow up to $40K for a new car or $35K for a used car. Application fee: $20.00
As Low As
Score: 700 and Up (Max $60,000 and Up)
Same year or following year & never before titled
Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
APR as low as
Credit Score: A 700 & Up
Credit Score: A 700-above
20% Down
20% Down
APR as low as
As Low As
Up to retail value
20% Down
Up to retail value
Special Rates
As Low As
As Low As
New 2026, 2025: 10% down
Score: 625 - 699 (Max $50,000)
Credit Score: A 700 & Up
Credit Score: A 700-above
As Low As; New Vehicle Loan Rates
New Auto (2025, 2026, 2027)
As Low As; 2024, '25 & '26 Models
Loan-to-Value: 90%
Maximum Loan $55,000.00
New Never Titled
APR as low as
Credit Score: C 550-624
As Low As
As Low As
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As Low As*
As low as; Rates are subject to change, credit history and other factors including but not limited to- model year, term, and financing. Terms and financing are subject to qualifying conditions. Other rates, terms and conditions available. Contact GMFCU for complete details.
As Low As
As Low As; Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
As Low As
Model Year: 2026 - 2025
As Low As; 72 month financing applies to vehicles $20,000 or more.
Loan-to-Value: 90%
Credit Score: A 700 & Up
Credit Score: A 700-above
Up to 120% of Retail
Up to retail value
20% Down
Up to 120% of Retail
New 2026, 2025
New 2026, 2025
As Low As*
As Low As
As Low As; 2023 - 2026
Model Year: 2026 - 2025
Rates as low as
2025-2026 less than 5,000 miles
Credit Score: C 550-624
As Low As
As Low As
As Low As
2024-New
As Low As; 2024, '25 & '26 Models
New 2026, 2025
Model Year: 2024 & Newer*
As low as
Qualifications Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month; Rates displayed include the additional All-In Member Pricing interest rate discount up to 0.50% APR. Required: Over $1,500 in direct deposit into a checking account within the last 30 days and 21 or more debit or credit transactions per month. The rate listed indicates automatic payment made electronically. Add 1% to rate listed when using cash, check or coupons (non-electronic or automated payment method).
Loan-to-Value: 90%
Lincolnshire Used Auto Auto Loan Rates
Score: 700 and Up (Max $50,000 and Up)
Score: 700 and Up (Max $50,000 and Up)
Qualifications Required: Must provide a vehicle description, most recent two pays stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan; SSCFCU will finance a new or used vehicle up to 90% of Kelley's Blue Book value. The vehicle must be less than 7 years old. You can borrow up to $40K for a new car or $35K for a used car. Application fee: $20.00
Same year or following year & never before titled
Score: 700 and Up (Max $50,000 and Up)
APR as low as
APR as low as
APR as low as
As Low As*
Score: 700 and Up (Max $50,000 and Up)
APR as low as
Credit Score: B 625-699
Credit Score: A 700-above
Rates displayed are the lowest rates available including a discount for automatic payment. Minimum $10,001 on loans with a term of more than 48 months.
2022 & Newer
APR as low as
APR as low as
As Low As
Used Auto (2024 - 2023)
All other vehicles
As Low As*
As low as; Rates are subject to change, credit history and other factors including but not limited to- model year, term, and financing. Terms and financing are subject to qualifying conditions. Other rates, terms and conditions available. Contact GMFCU for complete details.
As Low As; Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
As Low As; 72 month financing applies to vehicles $20,000 or more.
2019 or older add 2% to rate
As Low As*
Credit Score: B 625-699
Credit Score: A 700-above
As Low As
Used Auto (2022 - 2021)
As Low As
2020 - 2021
As Low As*
As Low As
As Low As; 2023 - 2026
2019-2025 and 2025-2026 with over 5,000 miles
APR as low as
APR as low as
Credit Score: C 550-624
As Low As
As Low As; Minimum deposit $500
Model Year: 2024 & Newer*
Lincolnshire, IL Auto Loan Rate Trends
Compare local Lincolnshire, IL 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.
Illinois new auto rates rose 0.020 points over the past 7 days to 5.679% APR.
Illinois used auto rates fell 0.017 points over the past 7 days to 6.010% APR.
Lincolnshire, IL 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 Illinois 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 Illinois 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 @ 5.68% APR IL average | Used Auto @ 6.01% APR IL average | Monthly Difference |
|---|---|---|---|
| $15,000 | $287.76/mo | $290.06/mo | $2.30/mo |
| $25,000 | $479.60/mo | $483.43/mo | $3.83/mo |
| $35,000 | $671.44/mo | $676.81/mo | $5.36/mo |
| $45,000 | $863.28/mo | $870.18/mo | $6.90/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 Lincolnshire, Illinois
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Lincolnshire, Illinois 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 Illinois. 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 Lincolnshire, Illinois 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: Lincolnshire, Illinois CD rates lock in a guaranteed return until you’re ready to buy
Lincolnshire, Illinois Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $576 monthly car payment works out to roughly 6.9% of the median individual income in Lincolnshire, Illinois. Most budgeting guidelines suggest keeping total vehicle costs (payment, insurance, fuel, and maintenance) under 15–20% of take-home pay.
Auto Financing Options Compared
An auto loan isn’t the only way to finance a vehicle in Lincolnshire, Illinois, 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 1–3 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 (0–2.9% 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 Lincolnshire, Illinois. We’ve prefilled the APR with today’s IL 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 Lincolnshire, Illinois 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 Lincolnshire, Illinois 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 Lincolnshire, Illinois. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in IL.
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.
Frequently Asked Questions about Auto Loans in Lincolnshire, Illinois
How does my credit score affect my car loan rate in Illinois?
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 Lincolnshire, Illinois?
Why are used car loan rates higher than new car rates?
Can I refinance my auto loan if rates drop or my credit improves?
What are the best Auto Loan rates in Lincolnshire, Illinois?
- CTA 74th Street Depot Federal Credit Union: 2.50% (New Auto Loan)
- SIU Credit Union: 2.50% (Auto Loans)
- Polish And Slavic Federal Credit Union: 2.99% (New Auto Loan)
- Chicago Firefighters Credit Union: 3.00% (New Vehicle Loan)
- Western Springs Federal Credit Union: 3.25% (New Car Loan)
Lincolnshire, Illinois Rates & Resources
