Richmond, Louisiana Best Auto Loan Rates - October 2026
Brian McKay
Brian McKay
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Richmond, Louisiana auto loan rates from lenders serving Louisiana range from 3.00% to 5.95% APR, verified by MonitorBankRates as of October 12, 2026. Current auto loan rates in Richmond, Louisiana include Fleur de Lis Federal Credit UnionFleur de Lis Federal Credit UnionA+5.0 ★Texas Ratio: 0.69% offering New and Used Auto at 3.00%, Riverland Federal Credit UnionRiverland Federal Credit UnionA+5.0 ★Texas Ratio: 2.72% offering Auto Loans - Cars, Trucks, & SUVs at 3.50%, Instep Credit UnionInstep Credit UnionA5.0 ★Texas Ratio: 10.22% offering New and Used Auto at 3.75%, Access Of Louisiana Federal Credit UnionAccess Of Louisiana Federal Credit UnionA5.0 ★Texas Ratio: 10.68% offering New Car Loan at 3.75%, Navy Federal Credit UnionNavy Federal Credit UnionA5.0 ★Texas Ratio: 8.14% offering New Auto Loan at 3.89%. Auto loan rates as of October 12, 2026 according to verified data from MonitorBankRates.
Richmond borrowers have access to 45 lenders serving the Louisiana area, with auto loan rates as low as 3.00% APR from Fleur de Lis 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 Richmond, Louisiana. Auto Loan Rates Last Updated and Verified: October 12, 2026
Compare Auto Loan Rates Today in Richmond, Louisiana & Surrounding Area
Richmond Auto Loan Rates
Refinance Options Available; APR available to borrowers who meet credit requirements
As Low As
Rates shown are the lowest available from Instep Credit Union for the product and term listed. APR = Annual Percentage Rate. Terms avaiable up to 72 months; other rates and terms are also available. Rates are current as of the date published, are subject to change without notice, and are based on credit worthiness. Not all applicants will qualify, and your rate may differ. Rates shown include a 1.00% APR discount for members with an active direct deposit and a 0.25& APR discount for a 48-month loan term. Terms and conditions apply. Example payment: A $20,000 auto loan finaced for 48 months at 3.25% APR would have an estimated monthly payment of $444.93. No payments up to 60 days are available on qualifying loans. Interest will continue to accruse during the no-payment period. See the credit union for complete details. Federally insured by NCUA.
- Oct 6, 20263.75%▲ from 3.25%
- Sep 30, 20263.25%first recorded
Published APR range: 3.75-16.15%.
As Low As
As Low As; Rates subject to change.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
APR varies by term.
APR varies by term.
As Low As; APR*; rates for a limited time only, certain restrictions apply
A+ APR*
Published APR range: 4.00-17.40%.
As low as
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
A+ APR*
As low as
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 4.25-17.65%. Vehicles 1 or 2 years old, with less than 40,000 miles may be financed at new car rate
Published APR range: 4.25-17.65%.
As Low As
As Low As; Rates subject to change.
Published APR range: 4.30 % - 11.30 %. Rate Ranges Are Based On Credit Worthiness
As Low As; Current and previous year's models; Actual rates and terms vary based on credit history, loan amount, and collateral
Published rate range: 4.49-11.35%. Recreational & Utility loan; Max Amount not stated; rates subject to credit history; *APR represents Annual Percentage Rate
Published rate range: 4.49-12.85%. Recreational & Utility loan; Max Amount not stated; rates subject to credit history; *APR represents Annual Percentage Rate
A APR*
- Oct 5, 20264.50%▲ from 4.00%
- Sep 14, 20264.00%first recorded
A+ APR*
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
Credit Score Range: 720+
As Low As
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
Annual Percentage Rate (APR) as low as 4.50%.
Published APR range: 4.50 % - 11.50 %. Rate Ranges Are Based On Credit Worthiness
Maximum Loan Amount: Less than $15,000.00
Additional APR listed for this product: 5.04%, 6.79%. As low as
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As
As Low As; Rates subject to change.
Published APR range: 4.60-17.95%.
Published APR range: 4.69% to 15.50%. Terms over 72 months apply to vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
As Low As; APR = Annual Percentage Rate
As Low As; APR = Annual Percentage Rate
As Low As; APR = Annual Percentage Rate
As Low As; APR = Annual Percentage Rate
As Low As; APR = Annual Percentage Rate
As Low As; APR = Annual Percentage Rate
APR*
- Oct 5, 20264.74%▼ from 5.49%
- Sep 21, 20265.49%first recorded
APR*
- Oct 5, 20264.74%▼ from 5.49%
- Sep 21, 20265.49%first recorded
- Oct 5, 20264.74%▼ from 5.49%
- Sep 21, 20265.49%first recorded
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
A APR*
- Oct 5, 20264.75%▲ from 4.25%
- Sep 14, 20264.25%first recorded
A+APR*
Credit Score Range: 720+
Maximum Loan Amount: $15,000.00-$19,999.99
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 4.75-17.95%.
As Low As; Selling price must be $30,000
Additional APR listed for this product: 5.29%. As low as
As Low As
As Low As; Rates subject to change.
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As
As Low As; Models 2-6 years old; Actual rates and terms vary based on credit history, loan amount, and collateral
As Low As; Models between 2-6 years old
As Low As; Model Year: 2025
- Oct 4, 20264.90%▲ from 4.60%
- Sep 14, 20264.60%first recorded
As Low As; Model Year: NEW! 2026
Year: 2018 & Older; Same great rate for all approved repo auto loans; Rates are not based on credit score
Published APR range: 4.90-17.95%. Used Car loan; APR range shown as APR Limits; rates effective as of 08/01/2026
Published APR range: 4.90-17.95%.
As Low As
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
Published APR range: 4.99 % - 11.99 %. Rate Ranges Are Based On Credit Worthiness
Published APR range: 4.99 % - 11.99 %. Rate Ranges Are Based On Credit Worthiness
As Low As; Financing up to 115%
As Low As; Loan rates are based on each individual's credit history and capacity to repay.
A APR*
- Oct 5, 20265.00%▲ from 4.50%
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
A+APR*
Credit Score Range: 720+
Published APR range: 5.00% to 17.15%.
Published APR range: 5.00% to 17.15%. Rate and term determined by creditworthiness of applicant; effective date September 24, 2026
Maximum Loan Amount: $20,000.00-$29,999.99
1New vehicle rates. Used vehicle rates are 1.00% higher.
- Oct 1, 20265.05%▲ from 4.83%
- Sep 18, 20264.83%first recorded
As Low As
2027 - 2023 New or Used. Rates shown are Telco's current rates and include a 0.50% discount for our Member Loyalty Discounts. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ.
As Low As; Current and previous year's models
As low as
Published APR range: 5.20-17.95%.
APR*
- Oct 5, 20265.24%▼ from 5.99%
- Sep 21, 20265.99%first recorded
As Low As
As Low As
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As low as
- Oct 9, 20265.24%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Minimum loan amount $15,000; Financing up to 115%
As Low As
AAPR*
- Oct 5, 20265.25%▲ from 4.75%
- Sep 18, 20264.75%▼ from 5.25%
- Sep 17, 20265.25%first recorded
Credit Score Range: 720+
As Low As
As Low As
As Low As
Maximum Loan Amount: Less than $15,000; New -- 100% MSRP; Used -- 100% NADA Retail; up to 120% with GAP
Maximum Loan Amount: Less than $15,000; New -- 100% MSRP; USED -- 100% NADA Retail; UP TO 120% with GAP
Maximum Loan Amount: less than $15,000.00
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Used Vehicle Loan Rates by Term
Published APR range: 5.25-17.95%.
1New vehicle rates. Used vehicle rates are 1.00% higher.
- Oct 1, 20265.28%▲ from 4.98%
- Sep 14, 20264.98%first recorded
Additional APR listed for this product: 5.79%. As low as
As Low As
As Low As; Rates subject to change.
As Low As; Selling price must be $30,000
As Low As
As Low As; Rates subject to change.
As Low As; Models 7-9 years old; Actual rates and terms vary based on credit history, loan amount, and collateral
As low as
As low as
As Low As; **
- Oct 9, 20265.43%▲ from 4.77%
- Sep 14, 20264.77%first recorded
Published APR range: 5.44% - 15.44%.
Published APR range: 5.44% - 15.68%.
Term: 2023 and under up to 72 mo.; Published APR range: 5.44% - 17.99%.
As low as
As Low As*
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
1 as low as
1New vehicle rates. Used vehicle rates are 1.00% higher.
- Oct 1, 20265.49%▲ from 5.17%
- Sep 14, 20265.17%first recorded
As Low As; Loan rates are based on each individual's credit history and capacity to repay.
As Low As
B APR*
AAPR*
- Oct 5, 20265.50%▲ from 5.00%
- Sep 18, 20265.00%▼ from 5.50%
- Sep 17, 20265.50%first recorded
Credit Score Range: 720+
Credit Score Range: 670-719
As Low As
Term: up to 3 years (36 months); As Low As
Maximum Loan Amount: $15,000 - $19,999.99; New -- 100% MSRP; Used -- 100% NADA Retail; up to 120% with GAP
Maximum Loan Amount: $20,000 - $29,999.99; New -- 100% MSRP; Used -- 100% NADA Retail; up to 120% with GAP
Maximum Loan Amount: $15,000 - $19,999.99; New -- 100% MSRP; USED -- 100% NADA Retail; UP TO 120% with GAP
Maximum Loan Amount: $20,000 - $29,999.99; New -- 100% MSRP; USED -- 100% NADA Retail; UP TO 120% with GAP
Maximum Loan Amount: $30,000.00-$39,999.99
Maximum Loan Amount: $15,000.00-$19,999.99
As Low As
As Low As
Published APR range: 5.54% to 13.99%. **New - 2023 Models and newer; Annual Percentage Rate
2027 - 2023 New or Used. Rates shown are Telco's current rates and include a 0.50% discount for our Member Loyalty Discounts. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ.
As Low As; Model Year: 2025
- Oct 4, 20265.60%▲ from 5.10%
- Sep 14, 20265.10%first recorded
As Low As; Model Year: NEW! 2026
As Low As
As Low As; Current and previous year's models
As Low As; Models between 2-6 years old
Published APR range: 5.69 - 16.95%.
Published APR range: 5.70-17.95%.
APR*
- Oct 5, 20265.74%▼ from 6.49%
- Sep 25, 20266.49%first recorded
As Low As*
- Oct 5, 20265.74%▲ from 5.49%
- Sep 21, 20265.49%first recorded
1 as low as
As Low As
- Oct 10, 20265.74%▲ from 5.49%
- Sep 14, 20265.49%first recorded
As Low As
B APR*
Credit Score Range: 670-719
Usually, no vehicle over 15 years old. No salvaged vehicles qualify. APR as low as 5.75%.
As low as
New (Non Real Estate)
- Oct 10, 20265.75%▲ from 5.50%
- Sep 22, 20265.50%first recorded
Term: up to 4 years (48 months); As Low As
Term: up to 5 years (60 months); As Low As
Maximum Loan Amount: $20,000.00-$29,999.99
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Used Vehicle Loan Rates by Term
Published APR range: 5.75-9.75%.
Published APR range: 5.75-9.75%. Vehicles 1 or 2 years old, with less than 40,000 miles, may be financed at new car rate
As Low As
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As low as
As low as
Term: up to 72 months ($20k+); As Low As; Model Year: 2025
- Oct 4, 20265.80%▲ from 5.30%
- Sep 14, 20265.30%first recorded
Term: up to 72 months ($20k+); As Low As; Model Year: NEW! 2026
2027 - 2024 New or Used. Rates shown are Telco's current rates and include a 0.50% discount for our Member Loyalty Discounts. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ.
As Low As
As Low As
Published APR range: 5.89% to 15.24%. **New - 2023 Models and newer; Annual Percentage Rate
As Low As; **
- Oct 9, 20265.93%▲ from 5.27%
- Sep 14, 20265.27%first recorded
As Low As
Published APR range: 5.94% - 17.20%.
As low as
Richmond New Auto Auto Loan Rates
Refinance Options Available; APR available to borrowers who meet credit requirements
Rates shown are the lowest available from Instep Credit Union for the product and term listed. APR = Annual Percentage Rate. Terms avaiable up to 72 months; other rates and terms are also available. Rates are current as of the date published, are subject to change without notice, and are based on credit worthiness. Not all applicants will qualify, and your rate may differ. Rates shown include a 1.00% APR discount for members with an active direct deposit and a 0.25& APR discount for a 48-month loan term. Terms and conditions apply. Example payment: A $20,000 auto loan finaced for 48 months at 3.25% APR would have an estimated monthly payment of $444.93. No payments up to 60 days are available on qualifying loans. Interest will continue to accruse during the no-payment period. See the credit union for complete details. Federally insured by NCUA.
- Oct 6, 20263.75%▲ from 3.25%
- Sep 30, 20263.25%first recorded
Published APR range: 3.75-16.15%.
As Low As
As Low As; Rates subject to change.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
APR varies by term.
As Low As; APR*; rates for a limited time only, certain restrictions apply
A+ APR*
Published APR range: 4.00-17.40%.
As low as
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
A+ APR*
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 4.25-17.65%. Vehicles 1 or 2 years old, with less than 40,000 miles may be financed at new car rate
Published APR range: 4.25-17.65%.
As Low As
As Low As; Rates subject to change.
As Low As; Current and previous year's models; Actual rates and terms vary based on credit history, loan amount, and collateral
A APR*
- Oct 5, 20264.50%▲ from 4.00%
- Sep 14, 20264.00%first recorded
A+ APR*
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
Credit Score Range: 720+
As Low As; For a limited time only. Maximum loan amount is $70,000.00. Must have an open Share Account to qualify. Rates determined by past credit performance. Up to 15% down payment and tax, title, and license may be required.
Annual Percentage Rate (APR) as low as 4.50%.
Maximum Loan Amount: Less than $15,000.00
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As
As Low As; Rates subject to change.
Published APR range: 4.69% to 15.50%. Terms over 72 months apply to vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
As Low As; APR = Annual Percentage Rate
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
A APR*
- Oct 5, 20264.75%▲ from 4.25%
- Sep 14, 20264.25%first recorded
Credit Score Range: 720+
Maximum Loan Amount: $15,000.00-$19,999.99
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 4.75-17.95%.
As Low As; Selling price must be $30,000
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As
As Low As; Model Year: NEW! 2026
As Low As
As Low As; Financing up to 115%
A APR*
- Oct 5, 20265.00%▲ from 4.50%
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
Maximum Loan Amount: $20,000.00-$29,999.99
As Low As
As Low As; Current and previous year's models
As Low As
As Low As
As low as
- Oct 9, 20265.24%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Minimum loan amount $15,000; Financing up to 115%
As Low As
As Low As
As Low As
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 5.25-17.95%.
As Low As; Selling price must be $30,000
As Low As; **
- Oct 9, 20265.43%▲ from 4.77%
- Sep 14, 20264.77%first recorded
Published APR range: 5.44% - 15.44%.
APR = Annual Percentage Rate. All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
B APR*
Credit Score Range: 720+
Credit Score Range: 670-719
Term: up to 3 years (36 months); As Low As
Maximum Loan Amount: $30,000.00-$39,999.99
As Low As
As Low As
Published APR range: 5.54% to 13.99%. **New - 2023 Models and newer; Annual Percentage Rate
As Low As; Model Year: NEW! 2026
As Low As
As Low As; Current and previous year's models
Published APR range: 5.69 - 16.95%.
B APR*
Credit Score Range: 670-719
Term: up to 4 years (48 months); As Low As
Term: up to 5 years (60 months); As Low As
New Vehicles; APR*: Rate includes a .25 Discount for Automatic Payment. Additional .25 Discount available with each purchase of a Credit Protection Product: Life, Disability, Extended Warranty, GAP. Effective October 1, 2026
Published APR range: 5.75-9.75%.
Published APR range: 5.75-9.75%. Vehicles 1 or 2 years old, with less than 40,000 miles, may be financed at new car rate
As Low As
As low as
As low as
Term: up to 72 months ($20k+); As Low As; Model Year: NEW! 2026
Published APR range: 5.89% to 15.24%. **New - 2023 Models and newer; Annual Percentage Rate
As Low As
Published APR range: 5.94% - 17.20%.
Richmond Used Auto Auto Loan Rates
Refinance Options Available; APR available to borrowers who meet credit requirements
Rates shown are the lowest available from Instep Credit Union for the product and term listed. APR = Annual Percentage Rate. Terms avaiable up to 72 months; other rates and terms are also available. Rates are current as of the date published, are subject to change without notice, and are based on credit worthiness. Not all applicants will qualify, and your rate may differ. Rates shown include a 1.00% APR discount for members with an active direct deposit and a 0.25& APR discount for a 48-month loan term. Terms and conditions apply. Example payment: A $20,000 auto loan finaced for 48 months at 3.25% APR would have an estimated monthly payment of $444.93. No payments up to 60 days are available on qualifying loans. Interest will continue to accruse during the no-payment period. See the credit union for complete details. Federally insured by NCUA.
- Oct 6, 20263.75%▲ from 3.25%
- Sep 30, 20263.25%first recorded
APR varies by term.
As Low As; APR*; rates for a limited time only, certain restrictions apply
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
Published APR range: 4.60-17.95%.
Published APR range: 4.69% to 15.50%. Terms over 72 months apply to vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
As Low As; APR = Annual Percentage Rate
A+APR*
As Low As
As Low As; Rates subject to change.
As Low As; Models 2-6 years old; Actual rates and terms vary based on credit history, loan amount, and collateral
As Low As; Models between 2-6 years old
Published APR range: 4.90-17.95%. Used Car loan; APR range shown as APR Limits; rates effective as of 08/01/2026
Published APR range: 4.90-17.95%.
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As; Loan rates are based on each individual's credit history and capacity to repay.
A+APR*
Credit Score Range: 720+
As low as
Published APR range: 5.20-17.95%.
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
As Low As
AAPR*
- Oct 5, 20265.25%▲ from 4.75%
- Sep 18, 20264.75%▼ from 5.25%
- Sep 17, 20265.25%first recorded
Credit Score Range: 720+
As Low As
As Low As
As Low As
Maximum Loan Amount: less than $15,000.00
Used Vehicle Loan Rates by Term
As Low As
As Low As; Rates subject to change.
As Low As
As Low As; Rates subject to change.
Published APR range: 5.44% - 15.68%.
Term: 2023 and under up to 72 mo.; Published APR range: 5.44% - 17.99%.
As Low As; Loan rates are based on each individual's credit history and capacity to repay.
As Low As
AAPR*
- Oct 5, 20265.50%▲ from 5.00%
- Sep 18, 20265.00%▼ from 5.50%
- Sep 17, 20265.50%first recorded
Term: up to 3 years (36 months); As Low As
Maximum Loan Amount: $15,000.00-$19,999.99
Published APR range: 5.54% to 13.99%. **New - 2023 Models and newer; Annual Percentage Rate
As Low As; Models between 2-6 years old
Published APR range: 5.69 - 16.95%.
Published APR range: 5.70-17.95%.
As Low As
Usually, no vehicle over 15 years old. No salvaged vehicles qualify. APR as low as 5.75%.
Term: up to 4 years (48 months); As Low As
Term: up to 5 years (60 months); As Low As
Maximum Loan Amount: $20,000.00-$29,999.99
Used Vehicle Loan Rates by Term
All loans subject to credit approval. Actual rate received is based on your credit qualifications. Rates subject to change without notice. Minimum $10,001 on loans with a term of more than 48 months. Rates displayed are the lowest rates available for Tier 1 credit, including a discount for automatic payment from a Northrop Grumman Federal Credit Union checking or savings account.
Published APR range: 5.89% to 15.24%. **New - 2023 Models and newer; Annual Percentage Rate
As Low As; **
- Oct 9, 20265.93%▲ from 5.27%
- Sep 14, 20265.27%first recorded
Published APR range: 5.94% - 17.20%.
Richmond, LA Auto Loan Rate Trends
Compare local Richmond, 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 fell 0.028 points over the past 7 days to 5.573% APR.
Louisiana used auto rates rose 0.003 points over the past 7 days to 6.166% APR.
Richmond, LA 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 Louisiana 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 Louisiana 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 @ 5.57% APR LA average | Used Auto @ 6.17% APR LA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $287.02/mo | $291.15/mo | $4.13/mo |
| $25,000 | $478.37/mo | $485.25/mo | $6.88/mo |
| $35,000 | $669.72/mo | $679.35/mo | $9.63/mo |
| $45,000 | $861.07/mo | $873.45/mo | $12.38/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 Richmond, Louisiana
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Richmond, Louisiana 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 Louisiana. 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 Richmond, Louisiana 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: Richmond, Louisiana CD rates lock in a guaranteed return until you’re ready to buy
Louisiana Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau (state-level data shown; city data not available)
A $574 monthly car payment works out to roughly 17.0% of the median individual income in Louisiana. 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 Richmond, Louisiana, 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 Richmond, Louisiana. We’ve prefilled the APR with today’s LA 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 Richmond, 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 Richmond, 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 Richmond, 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.
Bad Credit Auto Loans in Richmond, Louisiana
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 Richmond, 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?
Should I get preapproved for an auto loan before visiting a dealer in Richmond, Louisiana?
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 Richmond, Louisiana?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Richmond, Louisiana?
- Fleur de Lis Federal Credit Union: 3.00% (New and Used Auto)
- Riverland Federal Credit Union: 3.50% (Auto Loans - Cars, Trucks, & SUVs)
- Instep Credit Union: 3.75% (New and Used Auto)
- Access Of Louisiana Federal Credit Union: 3.75% (New Car Loan)
- Navy Federal Credit Union: 3.89% (New Auto Loan)
Richmond, Louisiana Rates & Resources
