London Mills, Illinois Best Auto Loan Rates - October 2026
Brian McKay
Brian McKay
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London Mills, Illinois auto loan rates from lenders serving Illinois range from 2.50% to 4.50% APR, verified by MonitorBankRates as of October 19, 2026. Current auto loan rates in London Mills, Illinois include CTA 74th Street Depot Federal Credit UnionCTA 74th Street Depot Federal Credit UnionA5.0 ★Texas Ratio: 11.54% offering New Auto Loan at 2.50%, Polish And Slavic Federal Credit UnionPolish And Slavic Federal Credit UnionA+5.0 ★Texas Ratio: 1.64% offering New Auto Loan at 2.99%, Chicago Firefighters Credit UnionChicago Firefighters Credit UnionA+5.0 ★Texas Ratio: 0.28% offering New Vehicle Auto or Truck at 3.00%, Canals And Trails Credit UnionCanals And Trails Credit UnionA+5.0 ★Texas Ratio: 0.47% offering New Auto Loan at 3.00%, Western Springs Federal Credit UnionWestern Springs Federal Credit UnionA+5.0 ★Texas Ratio: 0.98% offering New Car Loan at 3.25%. Auto loan rates as of October 19, 2026 according to verified data from MonitorBankRates.
London Mills borrowers have access to 59 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 London Mills, Illinois. Auto Loan Rates Last Updated and Verified: October 19, 2026
Compare Auto Loan Rates Today in London Mills, Illinois & Surrounding Area
London Mills Auto Loan Rates
Score: A: 700 and Up; Max loan: $60,000 and Up
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
Score: A: 700 and Up; Max loan: $60,000 and Up
Score: B: 625 - 699; Max loan: $50,000
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
As Low As; Featured new auto loan; qualifying 2025-2026 vehicle loans; Rates and terms subject to change. Qualification and membership requirements apply.
Score: A: 700 and Up; Max loan: $60,000 and Up
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
Auto Loans; Maximum Loan $55,000.00; Rates available to current members only
Based on 725 credit score
Term: 36 months to 72 months; APR range: 3.251% - 16.001%; Finances up to 90% of Kelley's Blue Book value; Vehicle must be less than 7 years old; Up to $40K for new car or $35K for used car; Application fee: $20.00; Term depends on vehicle age; Requires $50.00 deposit balance
As Low As; Model Year: 2025-2026
As Low As; Auto & Recreational Loans
Score: A: 700 and Up; Max loan: $60,000 and Up
Term: 1-72 month finance period; Same year or following year & never before titled; APR*: Annual Percentage Rate. Rates are subject to change.
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.49%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Vehicle Loan Rates; Effective Date: November 7, 2025
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Rates as of 03/18/2026; 20% Down
As Low As; Model Year: 2019-2025
Based on 725 credit score
New & Used; Rates effective as of 7/7/2026; Offered to members meeting select credit criteria; -.25% discount for Autopay
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
Vehicle Year: 2023 and Newer; Existing CCNCU loans excluded; APR subject to credit approval and may vary by loan length, credit score, and collateral value
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.75%▼ from 13.99%
- Sep 18, 202613.99%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Model Year: 2023-2026; Rates effective as of 10/1/2026
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
Based on 725 credit score
As Low As; Model Year: 2024 & Older; Additional 1.25% for autos 2017-2019; Additional 2.50% for autos 2016 and older
As Low As; Model Year: 2025-2026
As Low As; Auto & Recreational Loans
As Low As; Model Year: 2025 & Newer
- Oct 14, 20263.84%▲ from 3.64%
- Sep 22, 20263.64%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
Loan Amount: Up to retail value; Rates as of 03/18/2026
Rates as of 03/18/2026; Up to retail value
Rates as of 03/18/2026; 20% Down
Valuation: NADA Trade-in Value; Model Year: 2025 - 2026
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
New Molex loans only; No down payment required; Add 1% extra for boats
As Low As; New and used car loans start at 3.99% for up to 36 months
As Low As; Vehicle Type: New & Previous Model Year (2025 & 2026); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
As Low As; Vehicle Type: Used (2016 - 2024); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.99%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.99%
- Sep 14, 20264.99%first recorded
Published APR range: 3.99%-6.98%.
Type: NEW (2023-2026); Rates effective as of 10/1/2026; APR
Type: NEW (2023-2026)
As Low As; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
As Low As; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
Published rate range: 3.99% to 14.99%. Interest rate range 3.99% to 14.99% based on credit score; Vehicles 5 years and older add 2.00% to each tier; New, used, or refinance; Rates are subject to change
Vehicle Year: 2023 and Newer; Existing CCNCU loans excluded; APR subject to credit approval and may vary by loan length, credit score, and collateral value
As Low As; Includes up to 48 month term on 2024 and newer purchases; discounts for Auto Withdrawal .50% APR and SOCU primary checking .50% APR may apply; Additional .50% APR discount may apply with ScoreCard point redemption; Limited time offer
As Low As; Rates and financing based on applicant's credit qualifications and verification of collateral; Repayment terms may be based on loan amount and model year of vehicle
As Low As; Model Year: New Auto 2025 & Newer; Includes 0.25% Relationship Discount
- Oct 14, 20263.99%▼ from 4.99%
- Sep 14, 20264.99%first recorded
Rates range: 3.99% - 15.04% APR*; Used Vehicles (2025, 2024, 2023, 2022, 2021, 2020); Line of Credit: n/a; APR rate depends on loan term, credit history and qualifications
Score: B: 625 - 699; Max loan: $50,000
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
Score: B: 625 - 699; Max $45,000; S/P: 5.00%
Rates approved 06/11/2026; subject to change without notice
As Low As; Model Year: 2019-2020
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
- Sep 18, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal
Credit Score: 725+; Model Year: 2026-2024; All rates shown are APR
As Low As; Model Years 2024-2026; APR; Rates are 'As Low As For Well Qualified Borrowers'; based on credit score/history and term
- Oct 9, 20264.00%▲ from 3.75%
- Sep 14, 20263.75%first recorded
As Low As; Model Year: 2025 & Newer; *add .75% if member does not have a Visa or direct deposit
As Low As; Loan value over $15,000
As Low As; based on FICO score
Loan rates can be as low as the following, based on FICO score
As Low As; Model Year: 2027-2026; Pmt/$1,000 not captured; As Low As Rates based on A+ credit discount (credit score >740) and Multiple Service discount (active checking account with direct deposit)
Based on 725 credit score
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
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; Vehicle Years: 2024, '25, '26 & '27 Models
As Low As; Vehicle Years: 2024, '25, '26 & '27 Models
As Low As; Vehicle Years: 2024, '25, '26 & '27 Models
As Low As; Model Year: New Auto 2025 & Newer; Includes 0.25% Relationship Discount
- Oct 14, 20264.18%▼ from 5.18%
- Sep 14, 20265.18%first recorded
Fully Pledged Loan; Credit Grade: A; Credit Score Range: 700-759
Fully Pledged Loan; Credit Grade: A+; Credit Score Range: 760+
Rates approved 06/11/2026; subject to change without notice
New & Used; Rates effective as of 7/7/2026; Offered to members meeting select credit criteria; -.25% discount for Autopay
As Low As; Vehicle Type: New & Previous Model Year (2025 & 2026); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
As Low As; Vehicle Type: Used (2016 - 2024); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Published APR range: 4.24%-7.49%.
Vehicle Year: 2021 - 2022; APR subject to credit approval and may vary by loan length, credit score, and collateral value
As Low As; Model Year: 2024 & Newer; Annual Percentage Rate. Discounts applied. Based on exceptional credit rating and LTV less than 110%
As Low As; Model Year: 2026; Monthly Payment As Per $1,000: $29.63; Rates based on down payment of 10% or more; add 0.25% for down payments less than 10%
Auto Loans; Maximum Loan $55,000.00; Rates available to current members only
Rates are PFCU prime rates; individual rates may vary based on credit score. Direct Deposit into PFCU Premier Checking reduces APR by 1 point. Rates current as of 11/01/2024.
Rates are PFCU prime rates; individual rates may vary based on credit score. Direct Deposit into PFCU Premier Checking reduces APR by 1 point. Rates current as of 11/01/2024.
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20264.25%▼ from 14.99%
- Sep 14, 202614.99%first recorded
Model Year: 2023-2026; Rates effective as of 10/1/2026
Model Year: 2019-2022; Rates effective as of 10/1/2026
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
As Low As; Model Year: 2019-2020
Credit Score: C 550-624; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
As Low As; based on FICO score
As Low As; Loan rates based on FICO score on credit report; Maximum Term 72 Months
Based on 725 credit score
As Low As; Model Year: 2024 & Older; Additional 1.25% for autos 2017-2019; Additional 2.50% for autos 2016 and older
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
Rates approved 06/11/2026; subject to change without notice
As Low As; Model Year: 2025-2026
As Low As; Model Year: 2025 & Newer
- Oct 14, 20264.34%▲ from 4.14%
- Sep 22, 20264.14%first recorded
Model Year: 2023 & newer
As Low As; Model Year: 2023 - 2022; Annual Percentage Rate. Discounts applied. Based on exceptional credit rating and LTV less than 110%
As Low As; Model Year: New Auto 2025 & Newer; Includes 0.25% Relationship Discount
- Oct 10, 20264.39%▼ from 5.40%
- Sep 14, 20265.40%first recorded
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Vehicle: 2024 and Newer; Loan-to-Value: 100%; Rate received is based on personal credit rating; Rates reflect auto pay discount; Auto loan rates do not include motorcycles and RVs
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
Rates range: 4.44% - 15.44% APR*; Used Vehicles (2025, 2024, 2023, 2022, 2021, 2020); Line of Credit: n/a; APR rate depends on loan term, credit history and qualifications
Model Year: 2025 and Newer; Loan Type: With Auto Buying Service; includes 0.50% APR discount for Car Buying Service; Rates effective October 12, 2026
Minimum loan amount: $1,000
Minimum loan amount: $20,001
Term: 1-72 month finance period; Used-all other vehicles; APR*: Annual Percentage Rate. Rates are subject to change.
New & Used; Rates effective as of 7/7/2026; Offered to members meeting select credit criteria; -.25% discount for Autopay
As Low As; Requires direct deposit with Parda Federal Credit Union; For qualified borrowers; Rate and term may vary based on credit score, year of collateral and loan-to-value
Lowest Tier 1 rates, including automatic payment discount from NGFCU checking or savings
Vehicle Loan Rates (March 2026); Credit Score: 700-749
- Oct 9, 20264.49%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20264.49%▼ from 14.99%
- Sep 18, 202614.99%▲ from 5.49%
- Sep 14, 20265.49%first recorded
Published APR range: 4.49%-8.74%.
As Low As; Minimum Loan Amount: $10,000; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
As Low As; Model Year: 2026 - 2025
New Car
New Car
New Car
New Car
Used Car
Used Car
Model Year: 2024 - Newer
- Oct 13, 20264.49%▲ from 3.99%
- Sep 18, 20263.99%first recorded
As Low As; Model Year: New 2026-2025; Pmt Per $1,000 $18.64; Effective Date: Sunday, October 18th, 2026; *APR=Annual Percentage Rate. Examples shown illustrate best rates.
As Low As; Rates and financing based on applicant's credit qualifications and verification of collateral; Repayment terms may be based on loan amount and model year of vehicle
As Low As; Range: 4.49% - 14.49% APR; 2019 or older add 2% to rate; Rates based on primary applicant's personal credit history; Offer not valid on refinancing existing Abri auto loans
As Low As; Rates based on credit evaluation; based on down payment of 10% or more, add 0.25% for down payments less than 10%
Fully Pledged Loan; Credit Grade: B; Credit Score Range: 660-699
Fully Pledged Loan; Credit Grade: A; Credit Score Range: 700-759
Fully Pledged Loan; Credit Grade: A+; Credit Score Range: 760+
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
Vehicle Year: 2025 or Newer; Credit Score: A+ (760+); Printed as apy on page
Rates approved 06/11/2026; subject to change without notice
As Low As; Model Year: 2026-2025 Untitled Vehicles; Rates effective 03/01/2025
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: C 550-639; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
- Sep 18, 20264.50%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal
Loan Amount: Up to 120% of Retail; Rates as of 03/18/2026
Loan Amount: Up to retail value; Rates as of 03/18/2026
Down Payment: 20% Down; Rates as of 03/18/2026
Rates as of 03/18/2026; Up to 120% of Retail
Rates as of 03/18/2026; Up to retail value
Rates as of 03/18/2026; 20% Down
Used Cars: 2023 - 2024; Valuation: NADA trade-in value
Valuation: Up to retail value; Model Year: 2025 - 2026
Valuation: NADA Trade-in Value; Model Year: 2025 - 2026
Valuation: NADA trade-in value; Model years: 2023 - 2024
Credit Score: 725+; Model Year: 2026-2024; All rates shown are APR
Credit Score: 725+; Model Year: 2023-2020; All rates shown are APR
As Low As; Model Years 2020-2023; APR; Rates are 'As Low As For Well Qualified Borrowers'; based on credit score/history and term
- Oct 9, 20264.50%▲ from 4.25%
- Sep 18, 20264.25%▲ from 3.75%
- Sep 14, 20263.75%first recorded
As Low As; Model Years 2024-2026; APR; Rates are 'As Low As For Well Qualified Borrowers'; based on credit score/history and term
- Oct 9, 20264.50%▲ from 4.25%
- Sep 18, 20264.25%first recorded
As Low As
Limit of $90,000.00; Effective as of 11/01/2022
Limit of $90,000.00; Effective as of 11/01/2022
London Mills New Auto Auto Loan Rates
Score: A: 700 and Up; Max loan: $60,000 and Up
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
Score: A: 700 and Up; Max loan: $60,000 and Up
Score: B: 625 - 699; Max loan: $50,000
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
As Low As; Featured new auto loan; qualifying 2025-2026 vehicle loans; Rates and terms subject to change. Qualification and membership requirements apply.
Score: A: 700 and Up; Max loan: $60,000 and Up
Auto Loans; Maximum Loan $55,000.00; Rates available to current members only
Based on 725 credit score
Term: 36 months to 72 months; APR range: 3.251% - 16.001%; Finances up to 90% of Kelley's Blue Book value; Vehicle must be less than 7 years old; Up to $40K for new car or $35K for used car; Application fee: $20.00; Term depends on vehicle age; Requires $50.00 deposit balance
As Low As; Auto & Recreational Loans
Score: A: 700 and Up; Max loan: $60,000 and Up
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.49%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Vehicle Loan Rates; Effective Date: November 7, 2025
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Rates as of 03/18/2026; 20% Down
Based on 725 credit score
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.75%▼ from 13.99%
- Sep 18, 202613.99%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Model Year: 2023-2026; Rates effective as of 10/1/2026
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
Based on 725 credit score
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
Loan Amount: Up to retail value; Rates as of 03/18/2026
Rates as of 03/18/2026; Up to retail value
Rates as of 03/18/2026; 20% Down
New Molex loans only; No down payment required; Add 1% extra for boats
As Low As; Vehicle Type: New & Previous Model Year (2025 & 2026); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20263.99%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.99%
- Sep 14, 20264.99%first recorded
Published APR range: 3.99%-6.98%.
Type: NEW (2023-2026); Rates effective as of 10/1/2026; APR
As Low As; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
As Low As; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
Score: B: 625 - 699; Max loan: $50,000
Rates approved 06/11/2026; subject to change without notice
As Low As; Model Year: 2019-2020
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
- Sep 18, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
As Low As; Model Year: 2025 & Newer; *add .75% if member does not have a Visa or direct deposit
As Low As; based on FICO score
Loan rates can be as low as the following, based on FICO score
Based on 725 credit score
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
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
Rates approved 06/11/2026; subject to change without notice
As Low As; Vehicle Type: New & Previous Model Year (2025 & 2026); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Published APR range: 4.24%-7.49%.
As Low As; Model Year: 2026; Monthly Payment As Per $1,000: $29.63; Rates based on down payment of 10% or more; add 0.25% for down payments less than 10%
Auto Loans; Maximum Loan $55,000.00; Rates available to current members only
Rates are PFCU prime rates; individual rates may vary based on credit score. Direct Deposit into PFCU Premier Checking reduces APR by 1 point. Rates current as of 11/01/2024.
Rates are PFCU prime rates; individual rates may vary based on credit score. Direct Deposit into PFCU Premier Checking reduces APR by 1 point. Rates current as of 11/01/2024.
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20264.25%▼ from 14.99%
- Sep 14, 202614.99%first recorded
Model Year: 2023-2026; Rates effective as of 10/1/2026
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
As Low As; Model Year: 2019-2020
Credit Score: C 550-624; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Based on 725 credit score
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
Rates approved 06/11/2026; subject to change without notice
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
As Low As; Model Year: New 2025-2026
Model Year: NEW; original owner, 2026 or newer with less than 3,000 miles; up to 125% financing with added premium
Minimum loan amount: $1,000
Minimum loan amount: $20,001
As Low As; Requires direct deposit with Parda Federal Credit Union; For qualified borrowers; Rate and term may vary based on credit score, year of collateral and loan-to-value
Vehicle Loan Rates (March 2026); Credit Score: 700-749
- Oct 9, 20264.49%▼ from 13.99%
- Sep 18, 202613.99%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Published APR range: 4.49%-8.74%.
As Low As; Minimum Loan Amount: $10,000; New vehicle rates apply to vehicles with less than 5,000 miles; Rates include all applicable discounts (maximum discount 0.50% APR)
As Low As; Model Year: 2026 - 2025
New Car
New Car
New Car
New Car
Rates approved 06/11/2026; subject to change without notice
Credit Score: A 700 & Up; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Maximum $120,000; Less than 10K miles; 90% financing or 100% with GAP insurance; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
Credit Score: C 550-639; 80% Financing, 20% down required; Call us before you make a car deal; includes recreational vehicle loans
- Sep 18, 20264.50%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Loan Amount: Up to 120% of Retail; Rates as of 03/18/2026
Loan Amount: Up to retail value; Rates as of 03/18/2026
Down Payment: 20% Down; Rates as of 03/18/2026
Rates as of 03/18/2026; Up to 120% of Retail
Rates as of 03/18/2026; Up to retail value
Rates as of 03/18/2026; 20% Down
Limit of $90,000.00; Effective as of 11/01/2022
Limit of $90,000.00; Effective as of 11/01/2022
London Mills Used Auto Auto Loan Rates
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
Based on 725 credit score
Term: 36 months to 72 months; APR range: 3.251% - 16.001%; Finances up to 90% of Kelley's Blue Book value; Vehicle must be less than 7 years old; Up to $40K for new car or $35K for used car; Application fee: $20.00; Term depends on vehicle age; Requires $50.00 deposit balance
As Low As; Vehicle Loan Rates; Effective Date: November 7, 2025
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2023 or newer
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Based on 725 credit score
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
Based on 725 credit score
As Low As; Auto & Recreational Loans
Valuation: NADA Trade-in Value; Model Year: 2025 - 2026
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Vehicle Type: Used (2016 - 2024); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Published APR range: 3.99%-6.98%.
Rates range: 3.99% - 15.04% APR*; Used Vehicles (2025, 2024, 2023, 2022, 2021, 2020); Line of Credit: n/a; APR rate depends on loan term, credit history and qualifications
Score: A: 700 and Up; Max $50,000 and Up; S/P: 0.00%
Score: B: 625 - 699; Max $45,000; S/P: 5.00%
As Low As; Model Year: 2019-2020
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal
Based on 725 credit score
As Low As; Vehicle Type: Used (2016 - 2024); Effective Date 10/18/2026; Includes 0.25% APR discount with automatic payment
Published APR range: 4.24%-7.49%.
Rates are PFCU prime rates; individual rates may vary based on credit score. Direct Deposit into PFCU Premier Checking reduces APR by 1 point. Rates current as of 11/01/2024.
Model Year: 2019-2022; Rates effective as of 10/1/2026
As Low As; Model Year: 2023 or newer
As Low As; Model Year: 2022-2021
As Low As; Model Year: 2019-2020
As Low As; based on FICO score
As Low As; Loan rates based on FICO score on credit report; Maximum Term 72 Months
Based on 725 credit score
Rates range: 4.44% - 15.44% APR*; Used Vehicles (2025, 2024, 2023, 2022, 2021, 2020); Line of Credit: n/a; APR rate depends on loan term, credit history and qualifications
Minimum loan amount: $1,000
Minimum loan amount: $20,001
As Low As; Requires direct deposit with Parda Federal Credit Union; For qualified borrowers; Rate and term may vary based on credit score, year of collateral and loan-to-value
Lowest Tier 1 rates, including automatic payment discount from NGFCU checking or savings
Vehicle Loan Rates (March 2026); Credit Score: 750 plus
- Oct 9, 20264.49%▼ from 14.99%
- Sep 18, 202614.99%▲ from 5.49%
- Sep 14, 20265.49%first recorded
Published APR range: 4.49%-8.74%.
Used Car
Used Car
As Low As; Range: 4.49% - 14.49% APR; 2019 or older add 2% to rate; Rates based on primary applicant's personal credit history; Offer not valid on refinancing existing Abri auto loans
As Low As; Rates based on credit evaluation; based on down payment of 10% or more, add 0.25% for down payments less than 10%
As Low As; Rate based on credit history, collateral, and loan character; 0.25% higher without automatic payment from PSFCU Checking Account
Credit Score: A 700 & Up; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: B 625-699; Age of vehicle + term cannot exceed 10yrs; Loan rates effective as of October 1, 2026
Credit Score: A 700-above; 80% Financing, 20% down required; Call us before you make a car deal
Credit Score: B 640-699; 80% Financing, 20% down required; Call us before you make a car deal
Used Cars: 2023 - 2024; Valuation: NADA trade-in value
Valuation: Up to retail value; Model Year: 2025 - 2026
Valuation: NADA Trade-in Value; Model Year: 2025 - 2026
Valuation: NADA trade-in value; Model years: 2023 - 2024
Limit of $90,000.00; Effective as of 11/01/2022
Limit of $90,000.00; Effective as of 11/01/2022
London Mills, IL Auto Loan Rate Trends
Compare local London Mills, 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 0.049 points over the past 7 days to 5.089% APR.
Illinois used auto rates rose 0.017 points over the past 7 days to 5.768% APR.
London Mills, 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 @ 5.09% APR IL average | Used Auto @ 5.77% APR IL average | Monthly Difference |
|---|---|---|---|
| $15,000 | $283.68/mo | $288.37/mo | $4.69/mo |
| $25,000 | $472.80/mo | $480.62/mo | $7.82/mo |
| $35,000 | $661.92/mo | $672.87/mo | $10.95/mo |
| $45,000 | $851.04/mo | $865.12/mo | $14.08/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 London Mills, Illinois
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving London Mills, 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 London Mills, 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: London Mills, Illinois CD rates lock in a guaranteed return until you’re ready to buy
Illinois Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau (state-level data shown; city data not available)
A $567 monthly car payment works out to roughly 14.1% of the median individual income in Illinois. 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 London Mills, 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 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 London Mills, 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 London Mills, 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 London Mills, 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 London Mills, 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.
Bad Credit Auto Loans in London Mills, Illinois
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 London Mills, 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 London Mills, 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?
Can I get an auto loan with bad credit in London Mills, Illinois?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in London Mills, Illinois?
- CTA 74th Street Depot Federal Credit Union: 2.50% (New Auto Loan)
- Polish And Slavic Federal Credit Union: 2.99% (New Auto Loan)
- Chicago Firefighters Credit Union: 3.00% (New Vehicle Auto or Truck)
- Canals And Trails Credit Union: 3.00% (New Auto Loan)
- Western Springs Federal Credit Union: 3.25% (New Car Loan)
London Mills, Illinois Rates & Resources
