Grand Rapids, Michigan Best Auto Loan Rates - August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current auto loan rates in Grand Rapids, Michigan include United Federal Credit UnionUnited Federal Credit Union1600 E Beltline Ave NE Ste 111, Grand Rapids, MI, 49525 7024A+5.0 ★Texas Ratio: 3.13% offering Fixed Rate New & Used Auto Loans - Up to 36 Months at 2.99%, Aeroquip Credit UnionAeroquip Credit Union6000 28th St SE, Grand Rapids, MI, 49546A+5.0 ★Texas Ratio: 2.08% offering New/Used Auto at 3.99%, Allegheny Central Federal Credit UnionAllegheny Central Federal Credit Union6000 28th St SE Ste 100, GRAND RAPIDS, MI, 49546 6927A+5.0 ★Texas Ratio: 1.47% offering New - Vehicle Loans at 4.24%, 1166 Federal Credit Union1166 Federal Credit Union2900 Charlevoix Dr, Grand Rapids, MI, 49546A+5.0 ★Texas Ratio: 1.29% offering Auto Loans: New and Used - 36 Months at 4.24%, Members First Credit Union Midland, MIMembers First Credit Union Midland, MI150 Ann St NW, Grand Rapids, MI, 49505 6244A5.0 ★Texas Ratio: 7.98% offering Auto Loan at 4.74%. Auto loan rates as of August 28, 2026 according to verified data from MonitorBankRates.
Grand Rapids has 14 local institutions in our database, with auto loan rates as low as 2.99% APR from United Federal Credit Union at 1600 E Beltline Ave NE Ste 111, Grand Rapids, MI, 49525 7024. 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 Grand Rapids, Michigan. Auto Loan Rates Last Updated and Verified: August 28, 2026
Compare Auto Loan Rates Today in Grand Rapids, Michigan & Surrounding Area
Grand Rapids Auto Loan Rates
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Min $5k
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As low as; Current Year + 2 Years 2026-2025-2024
As low as; Current Year + 2 Years 2026-2025-2024
Min $5k
Vehicle Model Years: 2022 or Newer; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As low as; Current Year + 2 Years 2026-2025-2024
Min $10k
As Low As; *APR = Annual Percentage Rate. Rates may be higher than advertised. Final rate is determined by loan applicant's creditworthiness, qualifications and collateral conditions. All rates are subject to change.
4.99% INTEREST used & new cars / trucks only. Credit score of 700 plus. No late payments with Credit Union, or 30 days past due within 365 days. No bankruptcy in the last 3 years. Term based on year of vehicle. See terms below.
Min $15k
As low as
As low as
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As Low As; Special
Rates as low as; *
As low as; Current Year + 2 Years 2026-2025-2024
As low as
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Loan Specials
Rates as low as; *
As low as
Rates as low as; *
Min $20k
Rates shown are for well qualified borrowers. Actual rates may vary based on credit history, loan purpose, amount, loan-to-value, term, and vehicle year. The lowest advertised rate for auto loans includes a 0.25% discount for borrowers who set up Auto Pay at loan closing and finance a 2019 or newer vehicle with a term of 66 months or less. Auto pay is optional and does not affect credit approval. All loans subject to credit and income qualification. $5 membership required if not already a member.
Loan Specials
As Low As; Loan Specials
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a new car would have a 5.94% APR for 60 months, monthly payment of $868.72 for $45,000 financing, down payment of $0.
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a used 2022 year car would have a 5.99% APR for 60 months, monthly payment of $579.84 for $30,000 financing, down payment of $0.
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As low as
As low as
Rates as low as; **
Effective Date: June 15, 2026
As low as; 3 - 7 Years Old 2023-2022-2021-2020-2019
As low as
As low as
Loan Specials
As low as; 3 - 7 Years Old 2023-2022-2021-2020-2019
Loan Specials
Loan Specials
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As Low As; Year: 2021 - 2023
As low as
As Low As; Year: 2019 - 2020
Loan Specials
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As Low As; Year: 2017 - 2018
As Low As
As low as; No minimum $
As low as; 8 Years and Older 2018
As low as; 8 Years and Older 2018
As low as; Minimum Loan $15,000
As low as
As Low As; Year: 2016 & Older
As low as; Minimum Loan $25,000
As low as; Minimum Loan $35,000
As low as; Minimum Loan $50,000
As Low As; Rate includes Loan Rebate, restrictions apply.
As Low As; Rates include a 0.50% rate discount below the base APR for 80% Loan to Value and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply.
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Maximum LTV Up to 90%; Heroes Program Maximum LTV Up to 115%; Minimum Loan Amount $3,500
As Low As
Lock In a Rate as Low as
As Low As
Rates as low as
As Low As
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As
As Low As
As Low As; apr = annual percent rate
As low as
Rates are based on credit score. Terms out as far as 84 months at 5.00%. Contact the credit union for more information. Rates are subject to change without notice. Please contact the credit union to get current rate information
As Low As; Advertised rate is the lowest rate available. Rates and terms may vary depending on credit qualifications, direct deposit and auto pay from a DMCU checking or savings account. Qualifying rate based on model year 2015 and newer vehicles.
As low as rate reflects additional .25% APR reduction that is available when you sign up for automatic payment of your loan from a CASE checking account (must be requested at the time of loan closing, excludes pledge loans, real estate loans, lines of credit, Home Equity Lines of Credit, business loans and VISA's). Contact the Credit Union for details. Your rate will be disclosed at the time of closing. Not all applicants will qualify. CASE membership is required.
As low as
Relationship Rate
As Low As; Discount already applied.
As Low As; Rates and terms subject to change without notice. Please contact Shore to Shore for the latest rates. Some restrictions may apply.
Rates as low as
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; *
As Low As
As Low As
As Low As
As Low As
As Low As; From 12 to 60 Months
Max 100%1 A Credit Tier
Rates starting @ 4.25%, based on individual credit.
As Low As; Rate and APR advertised assumes a FICO Credit Score of 680 or better and a loan amount example of $35,000 based on the maximum term noted. The payment examples shown above do not include GAP premiums, or other insurance premium amounts, which will increase your monthly payment obligation. Your actual payment may vary based on the term, credit score and amount financed.
As Low As
As low as
As Low As; Year/Amount: 2020 - 2026
As Low As
As Low As
2022-2026
Rates as low as
As Low As*
As Low As
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$25; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate includes a .25% discount for direct deposit and may vary based on credit history.
As Low As
As Low As
As Low As
As Low As
As Low As; apr = annual percent rate
Minimum Loan Amount $4,000
As Low As
Rates are based on credit score. Terms out as far as 84 months at 5.00%. Contact the credit union for more information. Rates are subject to change without notice. Please contact the credit union to get current rate information
Longer terms/rates available, call for details
APR based on credit and model year
Credit Score: 700-800
Credit Score: 700-800
As Low As; APR = annual percentage rate and reflects the current minimum APR offered.
As Low As; Maximum LTV Up to 90%; Heroes Program Maximum LTV Up to 115%; Minimum Loan Amount $3,500
As Low As; Year/Amount: 2020 - 2026
Minimum Loan Amount $7,500
As Low As; Vehicle Loan - Automobiles, Trucks and Street Motorcycles
As Low As; Vehicle Loans* - Automobiles, Trucks and Street Motorcycles; 2016 - 2026
As Low As; Discount already applied.
As Low As; Rates and terms subject to change without notice. Please contact Shore to Shore for the latest rates. Some restrictions may apply.
Rates as low as
As Low As*
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
Rate includes a .25% discount for direct deposit and may vary based on credit history.
As Low As; Model Year: 2022 - 2023
As Low As; Model Year: 2024 and Newer
As Low As; Loan Amount: n/a
Model Year: 2023 and newer; As Low As*
As Low As
As Low As
As Low As; Loyalty Discount; Model Year: 2026-2021
As Low As
As Low As; new or used
As Low As; model years 2025-2026
As Low As; model years 2024 and older
Max 100%1 A Credit Tier
Max 100%1 A Credit Tier
As Low As with Direct Deposit
As Low As; apr = annual percent rate
Refinancing of New and Used Vehicle Loans when a rate decreases will be allowed only on vehicles financed with the credit union within the previous 30 days. A new application must be filled out and member must sign new loan papers in order to refinance these loans.
As Low As; Rate and APR advertised assumes a FICO Credit Score of 680 or better and a loan amount example of $35,000 based on the maximum term noted. The payment examples shown above do not include GAP premiums, or other insurance premium amounts, which will increase your monthly payment obligation. Your actual payment may vary based on the term, credit score and amount financed.
As Low As
Credit Score: 700-800
Credit Score: 700-800
As Low As; APR = annual percentage rate and reflects the current minimum APR offered.
As low as
As low as; Premier APR
Minimum Loan Amount $10,000
As Low As; APR = annual percentage rate and reflects the current minimum APR offered.
As low as; Example payment on $10,000 at 4.90% for 5 years - $188.24 per month. 4.90% rate is lowest available rate - not to be combined with any other discounts or offers. ° = Term limits apply. Call Credit Union for details.
As Low As; Year/Amount: 2020 - 2026
Vehicles with over 100,000 miles are subject to an additional .50% rate increase. Certain loans may have more requirements.
Grand Rapids New Auto Auto Loan Rates
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Min $5k
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As low as; Current Year + 2 Years 2026-2025-2024
As low as; Current Year + 2 Years 2026-2025-2024
Min $5k
Vehicle Model Years: 2022 or Newer; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As low as; Current Year + 2 Years 2026-2025-2024
Min $10k
Min $15k
As low as
As low as
As Low As; Special
Rates as low as; *
As low as; Current Year + 2 Years 2026-2025-2024
As low as
As low as
As low as
As low as
As Low As
Rates as low as; *
As low as
Rates as low as; *
Min $20k
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a new car would have a 5.94% APR for 60 months, monthly payment of $868.72 for $45,000 financing, down payment of $0.
As low as
As low as
Rates as low as; **
As low as
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; apr = annual percent rate
As low as
Rates are based on credit score. Terms out as far as 84 months at 5.00%. Contact the credit union for more information. Rates are subject to change without notice. Please contact the credit union to get current rate information
As Low As; Advertised rate is the lowest rate available. Rates and terms may vary depending on credit qualifications, direct deposit and auto pay from a DMCU checking or savings account. Qualifying rate based on model year 2015 and newer vehicles.
As low as rate reflects additional .25% APR reduction that is available when you sign up for automatic payment of your loan from a CASE checking account (must be requested at the time of loan closing, excludes pledge loans, real estate loans, lines of credit, Home Equity Lines of Credit, business loans and VISA's). Contact the Credit Union for details. Your rate will be disclosed at the time of closing. Not all applicants will qualify. CASE membership is required.
As low as
Relationship Rate
As Low As; Discount already applied.
As Low As; Rates and terms subject to change without notice. Please contact Shore to Shore for the latest rates. Some restrictions may apply.
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; *
As Low As
As Low As; From 12 to 60 Months
Max 100%1 A Credit Tier
Rates starting @ 4.25%, based on individual credit.
As Low As; Rate and APR advertised assumes a FICO Credit Score of 680 or better and a loan amount example of $35,000 based on the maximum term noted. The payment examples shown above do not include GAP premiums, or other insurance premium amounts, which will increase your monthly payment obligation. Your actual payment may vary based on the term, credit score and amount financed.
As Low As
As low as
As Low As
2022-2026
As Low As*
As Low As
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$25; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As
Minimum Loan Amount $4,000
As Low As
Rates are based on credit score. Terms out as far as 84 months at 5.00%. Contact the credit union for more information. Rates are subject to change without notice. Please contact the credit union to get current rate information
Longer terms/rates available, call for details
Minimum Loan Amount $7,500
As Low As; Vehicle Loan - Automobiles, Trucks and Street Motorcycles
As Low As; Vehicle Loans* - Automobiles, Trucks and Street Motorcycles; 2016 - 2026
As Low As; Rates and terms subject to change without notice. Please contact Shore to Shore for the latest rates. Some restrictions may apply.
As Low As*
As Low As; Model Year: 2022 - 2023
As Low As; Model Year: 2024 and Newer
As Low As
As Low As
As Low As; Loyalty Discount; Model Year: 2026-2021
As Low As
As Low As; model years 2025-2026
Max 100%1 A Credit Tier
Max 100%1 A Credit Tier
As Low As with Direct Deposit
Refinancing of New and Used Vehicle Loans when a rate decreases will be allowed only on vehicles financed with the credit union within the previous 30 days. A new application must be filled out and member must sign new loan papers in order to refinance these loans.
As Low As
As low as
Minimum Loan Amount $10,000
As low as; Example payment on $10,000 at 4.90% for 5 years - $188.24 per month. 4.90% rate is lowest available rate - not to be combined with any other discounts or offers. ° = Term limits apply. Call Credit Union for details.
Grand Rapids Used Auto Auto Loan Rates
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Min $5k
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Min $5k
Vehicle Model Years: 2022 or Newer; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Min $10k
Min $15k
As low as
As low as
As low as
As low as
Min $20k
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Learn more. Purchase of a used 2022 year car would have a 5.99% APR for 60 months, monthly payment of $579.84 for $30,000 financing, down payment of $0.
As low as
As low as; 3 - 7 Years Old 2023-2022-2021-2020-2019
As low as
As low as; 3 - 7 Years Old 2023-2022-2021-2020-2019
As low as
As Low As; Year: 2021 - 2023
As low as
As Low As; Year: 2019 - 2020
As low as
As Low As; Year: 2017 - 2018
As low as; 8 Years and Older 2018
As low as; 8 Years and Older 2018
As low as
As Low As; Year: 2016 & Older
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Advertised rate is the lowest rate available. Rates and terms may vary depending on credit qualifications, direct deposit and auto pay from a DMCU checking or savings account. Qualifying rate based on model year 2015 and newer vehicles.
As low as rate reflects additional .25% APR reduction that is available when you sign up for automatic payment of your loan from a CASE checking account (must be requested at the time of loan closing, excludes pledge loans, real estate loans, lines of credit, Home Equity Lines of Credit, business loans and VISA's). Contact the Credit Union for details. Your rate will be disclosed at the time of closing. Not all applicants will qualify. CASE membership is required.
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; *
As Low As
Max 100%1 A Credit Tier
As Low As*
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
$25; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As
Minimum Loan Amount $4,000
As Low As
Minimum Loan Amount $7,500
As Low As; Vehicle Loan - Automobiles, Trucks and Street Motorcycles
As Low As; Vehicle Loans* - Automobiles, Trucks and Street Motorcycles; 2016 - 2026
As Low As; Discount already applied.
As Low As*
As Low As; Rate is "as low as" and may change based on credit history, term and other determining factors. As low as rate includes discounts for Payment Protection coverage OR active checking with a minimum full payroll direct deposit of $2,000 per month. Payment example: A fully protected loan of $20,000 at 6.49% for 60 months would have a monthly payment of $427.17. Rate is subject to change at any time without notice. Equal Opportunity Lender.
$15; As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
As Low As; Model Year: 2022 - 2023
As Low As; Model Year: 2024 and Newer
As Low As
As Low As; model years 2024 and older
Max 100%1 A Credit Tier
Max 100%1 A Credit Tier
As Low As; Rate and APR advertised assumes a FICO Credit Score of 680 or better and a loan amount example of $35,000 based on the maximum term noted. The payment examples shown above do not include GAP premiums, or other insurance premium amounts, which will increase your monthly payment obligation. Your actual payment may vary based on the term, credit score and amount financed.
Minimum Loan Amount $10,000
As low as; Example payment on $10,000 at 4.90% for 5 years - $188.24 per month. 4.90% rate is lowest available rate - not to be combined with any other discounts or offers. ° = Term limits apply. Call Credit Union for details.
Grand Rapids, MI Auto Loan Rate Trends
Compare local Grand Rapids, MI 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.
Michigan new auto rates rose 0.117 points over the past 7 days to 5.666% APR.
Michigan used auto rates fell 0.381 points over the past 7 days to 5.870% APR.
What Would Your Monthly Car Payment Be?
Estimated monthly payments on a standard 60-month auto loan at today’s average Michigan 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 @ 5.67% APR MI average | Used Auto @ 5.87% APR MI average | Monthly Difference |
|---|---|---|---|
| $15,000 | $287.67/mo | $289.09/mo | $1.42/mo |
| $25,000 | $479.44/mo | $481.81/mo | $2.37/mo |
| $35,000 | $671.22/mo | $674.54/mo | $3.32/mo |
| $45,000 | $863.00/mo | $867.26/mo | $4.26/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.
About Our Grand Rapids, Michigan Auto Loan Rate Database
Our Grand Rapids, Michigan auto loan tables currently track 71 banks and credit unions offering new and used vehicle financing to borrowers in this market. Every APR is sourced directly from the lender’s own website and re-verified regularly, so the rates you compare here reflect what lenders are actually advertising today — not stale or estimated numbers.
The lowest verified auto loan APR in our Grand Rapids, Michigan database right now is 2.99% APR from United Federal Credit Union. Advertised APRs typically assume excellent credit, so use the full rate table above to compare offers across your actual credit tier.
How to Get the Best Auto Loan Rate in Grand Rapids, Michigan
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Grand Rapids, Michigan 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 Michigan. 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 Grand Rapids, Michigan 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 → Grand Rapids, Michigan CD rates lock in a guaranteed return until you’re ready to buy
Grand Rapids, Michigan Financial Snapshot
Local demographics and economic context for car buyers — Source: U.S. Census Bureau
A $575 monthly car payment works out to roughly 17.7% of the median individual income in Grand Rapids, Michigan. Most budgeting guidelines suggest keeping total vehicle costs — payment, insurance, fuel, and maintenance — under 15–20% of take-home pay.
Auto Financing Options Compared
An auto loan isn’t the only way to finance a vehicle in Grand Rapids, Michigan — but for most borrowers it’s the cheapest. Here’s how the main options stack up.
| Feature | Credit Union Auto Loan | Bank Auto Loan | Dealer Financing | Personal Loan |
|---|---|---|---|---|
| Typical APR Level | ✓ Often lowest | ✓ Competitive | ● Varies — can be marked up | ✗ Highest (unsecured) |
| Rate Locked Before You Shop | ✓ Yes, via preapproval | ✓ Yes, via preapproval | ✗ Arranged at the dealership | ✓ Yes |
| Membership / Relationship Required | ● Membership (usually easy) | ✗ No | ✗ No | ✗ No |
| Works for Private-Party Sales | ✓ Usually | ● Sometimes | ✗ No | ✓ Yes |
| Convenience at Purchase | ● Preapproval step first | ● Preapproval step first | ✓ One-stop at the dealer | ● Funds in 1–3 days |
| Best For | Lowest total cost of borrowing | Existing bank customers & rate discounts | Manufacturer 0% promos on new cars | Older vehicles lenders won’t finance |
General comparison for educational purposes. Manufacturer promotional financing (0–2.9% APR offers) through dealers can beat any bank or credit union rate when you qualify — always compare the promo against a cash rebate plus outside financing.
Auto Loan Payment Calculator
Estimate your monthly payment on a new or used vehicle in Grand Rapids, Michigan. We’ve prefilled the APR with today’s MI 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 Grand Rapids, Michigan 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 Grand Rapids, Michigan 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 Grand Rapids, Michigan. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in MI.
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 Grand Rapids, Michigan
How does my credit score affect my car loan rate in Michigan?
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 Grand Rapids, Michigan?
Why are used car loan rates higher than new car rates?
Can I refinance my auto loan if rates drop or my credit improves?
What are the best Auto Loan rates in Grand Rapids, Michigan?
- United Federal Credit Union: 2.99% (Fixed Rate New & Used Auto Loans - Up to 36 Months)
- Aeroquip Credit Union: 3.99% (New/Used Auto)
- Allegheny Central Federal Credit Union: 4.24% (New - Vehicle Loans)
- 1166 Federal Credit Union: 4.24% (Auto Loans: New and Used - 36 Months)
- Members First Credit Union Midland, MI: 4.74% (Auto Loan)
Grand Rapids, Michigan Rates & Resources
