Auto Loan Rates in Lafayette, Louisiana (LA) for May 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current auto loan rates in Lafayette, Louisiana include 705 Federal Credit Union705 Federal Credit Union1455 W Willow St, Lafayette, LA, 70506 1026A-5.0 ★Texas Ratio: 14.64% offering New Auto Loans at 4.00%, Riverland Federal Credit UnionRiverland Federal Credit UnionA+5.0 ★Texas Ratio: 4.24% offering Auto Loans at 3.50%, Xplore Federal Credit UnionXplore Federal Credit UnionA+5.0 ★Texas Ratio: 1.58% offering New Autos at 4.34%, Willis Knighton Federal Credit UnionWillis Knighton Federal Credit UnionA+5.0 ★Texas Ratio: 2.84% offering New & Used Vehicles at 4.49%, GP Louisiana Federal Credit UnionGP Louisiana Federal Credit UnionA+5.0 ★Texas Ratio: 2.43% offering New Vehicles 2023-2025 at 4.50%. Auto loan rates as of May 12, 2026 according to verified data from MonitorBankRates.
Lafayette has 1 local institution in our database, with auto loan rates as low as 4.00% APR from 705 Federal Credit Union at 1455 W Willow St, Lafayette, LA, 70506 1026. Use the tabs below to compare new and used auto loan rates. Rates are continually updated — we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Lafayette, Louisiana. Auto Loan Rates Last Updated and Verified: May 12, 2026
Compare Auto Loan Rates Today in Lafayette, Louisiana & Surrounding Area
A+APR*
A+APR*
AAPR*
AAPR*
Up to 60 Months
AAPR*
72 Months
Up to 60 Months
BAPR*
72 Months
BAPR*
BAPR*
Up to 60 Months
72 Months
CAPR*
CAPR*
CAPR*
Up to 60 Months
72 Months
DAPR*
DAPR*
DAPR*
Up to 60 Months
72 Months
EAPR*
As Low As; Cars, Trucks, & SUVs
As Low As
Terms over 72 months for Vehicles, Boats, Travel Trailers, Motor Homes valued over $40,000.
Paper Grade A, Credit Score Range 720+
As Low As
Paper Grade A, Credit Score Range 720+
As Low As
As Low As
New Auto, 12-60 Month Term
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
As Low As
As Low As
As Low As
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
up to 96 mo.
up to 84 mo.
up to 72 mo.
As Low As
As Low As
As Low As; 36 months
Paper Grade A, Credit Score Range 720+
As Low As
As Low As
As Low As
As Low As
As Low As; New Vehicle Loan Rate as low as 4.99% APR, and 100% financing Ask about additional qualifying rate discounts
As Low As
As Low As
As Low As
As Low As; 100% financing available
As Low As
As Low As
Paper Grade B, Credit Score Range 670-719
As Low As
As Low As
As Low As
As Low As
As Low As
As Low As; Selling price must be $30,000
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
As Low As
As Low As; 100% financing available
As Low As; New Vehicles Only > $25,000
As Low As
As Low As
As Low As
As Low As; 100% financing available
As Low As
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide B, Credit Score Range 670-719
As Low As
As Low As
Maximum term for loans up to $5,000 is 24 months
As Low As
As Low As; 100% financing available
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
1% APR interest rate reduction for School Employees for this loan category.
Paper Grade B, Credit Score Range 670-719
As Low As
As Low As
As Low As; Used Vehicle Loan Rate as low as 5.99% APR, 100% financing Ask about additional qualifying rate discounts
Loan amount is $15,001 or greater
As Low As
1% APR interest rate reduction for School Employees for this loan category.
As Low As
As Low As
As Low As
As Low As; 100% financing available
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
Paper Grade C, Credit Score Range 620 - 669
Paper Guide B, Credit Score Range 670-719
As Low As
Loan amount is $14,001 or greater
Paper Grade C, Credit Score Range 620 - 669
As Low As
As Low As
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
As Low As
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection; Terms of 84 months over $30,000.00
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide C, Credit Score Range 620 - 669
As Low As
As Low As
Paper Grade C, Credit Score Range 620 - 669
Paper Guide C, Credit Score Range 620 - 669
As Low As
As Low As
As Low As
As Low As
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide C, Credit Score Range 620 - 669
As Low As
Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10Years Old (From Date of Discharge)
1% APR interest rate reduction for School Employees for this loan category.
1% APR interest rate reduction for School Employees for this loan category.
Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge)
Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge)
Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge)
Paper Grade D, Credit Score Range 580 - 619
Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge)
Paper Grade D, Credit Score Range 580 - 619
Paper Guide D, Credit Score Range 580 - 619
Paper Guide D, Credit Score Range 580 - 619
Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge)
Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge)
Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval
Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge)
Paper Grade E, Credit Score Range 579 or less
Paper Grade E, Credit Score Range 579 or less
Paper Guide E, Credit Score Range 579 or less
Paper Guide E, Credit Score Range 579 or less
Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval
A+APR*
A+APR*
AAPR*
AAPR*
AAPR*
BAPR*
BAPR*
BAPR*
CAPR*
CAPR*
CAPR*
DAPR*
DAPR*
DAPR*
EAPR*
As Low As
Terms over 72 months for Vehicles, Boats, Travel Trailers, Motor Homes valued over $40,000.
Paper Grade A, Credit Score Range 720+
As Low As
Paper Grade A, Credit Score Range 720+
As Low As
As Low As
As Low As
As Low As
As Low As
up to 96 mo.
As Low As
Paper Grade A, Credit Score Range 720+
As Low As
As Low As
As Low As; New Vehicle Loan Rate as low as 4.99% APR, and 100% financing Ask about additional qualifying rate discounts
As Low As
As Low As
Paper Grade B, Credit Score Range 670-719
As Low As
As Low As
As Low As
As Low As; Selling price must be $30,000
As Low As
As Low As; New Vehicles Only > $25,000
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
Paper Grade B, Credit Score Range 670-719
Loan amount is $15,001 or greater
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
Paper Grade C, Credit Score Range 620 - 669
Paper Grade C, Credit Score Range 620 - 669
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection; Terms of 84 months over $30,000.00
Paper Grade C, Credit Score Range 620 - 669
Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10Years Old (From Date of Discharge)
Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge)
Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge)
Paper Grade D, Credit Score Range 580 - 619
Paper Grade D, Credit Score Range 580 - 619
Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge)
Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval
Paper Grade E, Credit Score Range 579 or less
Paper Grade E, Credit Score Range 579 or less
Up to 60 Months
72 Months
Up to 60 Months
72 Months
Up to 60 Months
72 Months
Up to 60 Months
72 Months
Up to 60 Months
72 Months
Terms over 72 months for Vehicles, Boats, Travel Trailers, Motor Homes valued over $40,000.
As Low As
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
up to 84 mo.
up to 72 mo.
As Low As
As Low As
As Low As
As Low As
Paper Guide A, Credit Score Range 720+
As Low As
As Low As
As Low As
Paper Guide B, Credit Score Range 670-719
Maximum term for loans up to $5,000 is 24 months
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
As Low As
As Low As; Used Vehicle Loan Rate as low as 5.99% APR, 100% financing Ask about additional qualifying rate discounts
As Low As
1% APR interest rate reduction for School Employees for this loan category.
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
Paper Guide B, Credit Score Range 670-719
Loan amount is $14,001 or greater
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection
As Low As; Up to 125% financing including TT&L, Gap Insurance, Extended Warranty, Debt Protection; Terms of 84 months over $30,000.00
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide C, Credit Score Range 620 - 669
Paper Guide C, Credit Score Range 620 - 669
As Low As
As Low As
1% APR interest rate reduction for School Employees for this loan category.
Paper Guide C, Credit Score Range 620 - 669
1% APR interest rate reduction for School Employees for this loan category.
Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge)
Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge)
Paper Guide D, Credit Score Range 580 - 619
Paper Guide D, Credit Score Range 580 - 619
Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge)
Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge)
Paper Guide E, Credit Score Range 579 or less
Paper Guide E, Credit Score Range 579 or less
Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval
Lafayette, LA Auto Loan Rate Trends
Compare local Lafayette, LA 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.
Louisiana new auto rates rose 0.833 points over the past 7 days to 6.613% APR.
Louisiana used auto rates rose 0.409 points over the past 7 days to 7.266% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Lafayette, Louisiana 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 Lafayette, Louisiana 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 Lafayette, Louisiana. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in LA.
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 Lafayette, Louisiana
How does my credit score affect my car loan rate in Louisiana?
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?
What are the best Auto Loan rates in Lafayette, Louisiana?
- 705 Federal Credit Union: 4.00% (New Auto Loans)
- Riverland Federal Credit Union: 3.50% (Auto Loans)
- Xplore Federal Credit Union: 4.34% (New Autos)
- Willis Knighton Federal Credit Union: 4.49% (New & Used Vehicles)
- GP Louisiana Federal Credit Union: 4.50% (New Vehicles 2023-2025)
