Auto Loan Rates in South Lyon, Michigan (MI) for July 2026
Brian McKay
Brian McKay
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Current auto loan rates in South Lyon, Michigan include United Federal Credit UnionUnited Federal Credit UnionA+5.0 ★Texas Ratio: 3.13% offering Auto Loan at 2.99%, ABD Federal Credit UnionABD Federal Credit UnionA+5.0 ★Texas Ratio: 2.06% offering New and Used Auto Loans at 3.25%, Chief Financial Federal Credit UnionChief Financial Federal Credit UnionA+5.0 ★Texas Ratio: 3.24% offering Auto Loan at 3.99%, Extra Credit UnionExtra Credit UnionA+5.0 ★Texas Ratio: 4.11% offering Vehicle Loans at 4.07%, 1166 Federal Credit Union1166 Federal Credit UnionA+5.0 ★Texas Ratio: 1.29% offering Auto Loans: New and Used - 36 Months at 4.24%. Auto loan rates as of July 12, 2026 according to verified data from MonitorBankRates.
South Lyon borrowers have access to 39 lenders serving the Michigan area, with auto loan rates as low as 2.99% APR from United Federal Credit Union. 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 South Lyon, Michigan. Auto Loan Rates Last Updated and Verified: July 12, 2026
Compare Auto Loan Rates Today in South Lyon, Michigan & Surrounding Area
South Lyon Auto Loan Rates
As Low As; with autopay from a United checking account.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; Rate for 2025 and Newer vehicles
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; Specific rates are based on credit history and are determined after the application is reviewed. Costs vary from $45-$75 and are assessed by loan amount. 96 monthly payments of $12.19 per $1,000 borrowed.
Relationship Rate
As Low As
As Low As; Some restrictions may apply.
As Low As
Rate with 0% Down; Credit Score: 750+
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; Year/Amount: 2020 - 2026
Minimum Loan Amount $4,000
As Low As
As Low As; 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.
As Low As
As Low As; Finance $10,000 at 4.69% for 48 months and your payment is $228.92. Rates are determined by the credit score, term and age of the collateral. Rates and terms are subject to change without notice. Please contact Community Focus Federal Credit Union for most recent rates.
As Low As; Year/Amount: 2020 - 2026
Minimum Loan Amount $7,500
As Low As; Rates Effective as of:
Lock In a Rate as Low as 4.74% APR* for up to 72 Months. Payment Example : Monthly payments of $18.75 for each $1,000 borrowed at 4.74%1 APR* for 60 months.
As Low As
As Low As
As Low As; Model Years 2016 - 2026
As Low As
As Low As; Some restrictions may apply.
As Low As; Loan Amount: n/a
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As
As Low As; new or used
As Low As; apr = annual percent rate
Apply Today
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back; 2015 & Newer
Minimum Loan Amount $10,000
As Low As; Year/Amount: 2020 - 2026
As Low As; apr = annual percent rate
As Low As;*
As Low As
As Low As; Model Years 2016 - 2026
Secured Loan Pricing - Base Rates (as low as)
Secured Loan Pricing - Base Rates (as low as)
As Low As; Some restrictions may apply.
As Low As; Some restrictions may apply.
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As
As Low As; New Auto 2025 + Newer Only
Terms available up to 96 months
Terms available up to 84 months
Terms available up to 72 months
Rates as low as 5.0% apr*
As Low As; 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.
72 months over $20,000 financed; 84 months over $40,000 financed
Apply Today
As Low As; Year/Amount: 2019 & older
As Low As; Year/Amount: 2023 - 2026
Minimum Loan Amount $15,000
As Low As; Rates Effective as of:
As Low As
As Low As; $10,000.00 or greater
As Low As; Year/Amount: 2019 & older
Fixed Rate
As Low As
As Low As; Some restrictions may apply.
As Low As; Loan Amount: >15,000.00
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As; Model Year: New Auto 2025 + Newer
Terms available up to 72 months
Rate with 0% Down; Credit Score: 700-749
As Low As; apr = annual percent rate
Multiple Terms Available
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Some restrictions may apply.
As Low As; apr =annual percent
As Low As; Rate for 2024-2017 vehicles
100% Financing
As Low As; $20,000.00 or greater
As Low As; Loan Amount: >25,000.00
As Low As
As Low As; Model Year: New Auto 2025 + Newer
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Rates Effective as of:
As Low As
As Low As
As Low As; Loyalty Discount; Model Year 2020-2017
As Low As
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Silver; Credit Score: 729 - 670
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Minimum $10,000 Loan; Eligible for Take-Back
As Low As; Eligible for Take-Back; 2021 & Newer
As Low As; Some restrictions may apply.
***
As Low As; $30,000.00 or greater
Relationship Rate
Secured Loan Pricing - Base Rates (as low as)
As Low As
Terms available up to 60 months
100% Financing
Within 5 years
Credit Level: Gold; Credit Score: 730 and Up
Credit Level: Silver; Credit Score: 729 - 670
Fixed Rate
As Low As; Loyalty Discount; Model Year 2020-2017
Rate with 0% Down; Credit Score: 650-699
Credit Level: Gold; Credit Score: 730 and Up
As Low As; apr = annual percent rate
Within 5 years
As Low As; $30,000.00 or greater
As Low As
As Low As
As Low As
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Gold; Credit Score: 730 and Up
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Some restrictions may apply.
As Low As; Some restrictions may apply.
Minimum loan amount of $15,000
As Low As; $30,000.00 or greater
Fixed Rate
As Low As; Loyalty Discount; Model Year 2016 & older
100% Financing
Within 10 years
Credit Level: Silver; Credit Score: 729 - 670
Credit Level: Silver; Credit Score: 729 - 670
Rate with 0% Down; Credit Score: 649
As Low As;1
As Low As
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Gold; Credit Score: 730 and Up
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Silver; Credit Score: 729 - 670
As Low As; Rate for 2016 and Older vehicles
Relationship APR
As Low As; Maximum Loan Amount: $40,000.00. A minimum of 20% down payment is required. Loans are not eligible for discounts, GAP, MRC or credit life/disability. Approximate monthly payment would be $20.63 per $1,000 borrowed at 8.74% for 60 months. Maximum Secured Loan $40,000, Maximum aggregate loan amount not to exceed $49,999
Credit Level: Gold; Credit Score: 730 and Up
As Low As;1
As Low As
South Lyon New Auto Auto Loan Rates
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
Relationship Rate
As Low As
As Low As; Some restrictions may apply.
As Low As
Rate with 0% Down; Credit Score: 750+
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
Minimum Loan Amount $4,000
As Low As
As Low As; 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.
As Low As
Minimum Loan Amount $7,500
As Low As; Model Years 2016 - 2026
As Low As; Some restrictions may apply.
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As
As Low As; apr = annual percent rate
Apply Today
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back
As Low As; Eligible for Take-Back
Minimum Loan Amount $10,000
As Low As; apr = annual percent rate
As Low As;*
As Low As; Model Years 2016 - 2026
Secured Loan Pricing - Base Rates (as low as)
As Low As; Some restrictions may apply.
As Low As; Some restrictions may apply.
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As
As Low As; New Auto 2025 + Newer Only
Terms available up to 96 months
Rates as low as 5.0% apr*
As Low As; 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.
Apply Today
Minimum Loan Amount $15,000
Fixed Rate
As Low As; Some restrictions may apply.
As Low As; Loyalty Discount; Model Year 2026-2021
As Low As; Model Year: New Auto 2025 + Newer
Rate with 0% Down; Credit Score: 700-749
Credit Level: Gold; Credit Score: 730 and Up
As Low As; apr =annual percent
100% Financing
As Low As; Model Year: New Auto 2025 + Newer
As Low As; Eligible for Take-Back
As Low As
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Silver; Credit Score: 729 - 670
As Low As; Minimum $10,000 Loan; Eligible for Take-Back
Relationship Rate
Secured Loan Pricing - Base Rates (as low as)
100% Financing
Credit Level: Gold; Credit Score: 730 and Up
Fixed Rate
Rate with 0% Down; Credit Score: 650-699
As Low As
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Gold; Credit Score: 730 and Up
Credit Level: Gold; Credit Score: 730 and Up
Minimum loan amount of $15,000
Fixed Rate
100% Financing
Credit Level: Silver; Credit Score: 729 - 670
Rate with 0% Down; Credit Score: 649
As Low As;1
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Crystal; Credit Score: 669 - 620
Credit Level: Crystal; Credit Score: 669 - 620
Relationship APR
As Low As;1
South Lyon Used Auto Auto Loan Rates
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As; 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.
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
As Low As
Rate with 0% Down; Credit Score: 750+
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.; 84 month term on new vehicles only based on credit score.
Minimum Loan Amount $4,000
As Low As
As Low As; 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.
Minimum Loan Amount $7,500
As Low As; Model Years 2016 - 2026
As Low As
As Low As
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back; 2015 & Newer
Minimum Loan Amount $10,000
As Low As;*
As Low As; Model Years 2016 - 2026
Secured Loan Pricing - Base Rates (as low as)
As Low As; Some restrictions may apply.
As Low As
Terms available up to 84 months
Terms available up to 72 months
As Low As; 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.
72 months over $20,000 financed; 84 months over $40,000 financed
Minimum Loan Amount $15,000
As Low As
Terms available up to 72 months
Rate with 0% Down; Credit Score: 700-749
As Low As; apr = annual percent rate
Multiple Terms Available
As Low As; Some restrictions may apply.
As Low As
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As; Eligible for Take-Back; 2015 & Newer
As Low As
As Low As; Loyalty Discount; Model Year 2020-2017
As Low As
Credit Level: Gold; Credit Score: 730 and Up
As Low As; Eligible for Take-Back; 2021 & Newer
As Low As; Some restrictions may apply.
***
As Low As
Terms available up to 60 months
Within 5 years
Credit Level: Silver; Credit Score: 729 - 670
As Low As; Loyalty Discount; Model Year 2020-2017
Rate with 0% Down; Credit Score: 650-699
Credit Level: Gold; Credit Score: 730 and Up
As Low As; apr = annual percent rate
Within 5 years
As Low As
As Low As; Some restrictions may apply.
As Low As; Loyalty Discount; Model Year 2016 & older
Within 10 years
Credit Level: Silver; Credit Score: 729 - 670
Rate with 0% Down; Credit Score: 649
As Low As;1
Credit Level: Gold; Credit Score: 730 and Up
Credit Level: Silver; Credit Score: 729 - 670
Credit Level: Gold; Credit Score: 730 and Up
As Low As;1
South Lyon, MI Auto Loan Rate Trends
Compare local South Lyon, 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 0.104 points over the past 7 days to 5.705% APR.
Michigan used auto rates rose 0.164 points over the past 7 days to 6.295% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our South Lyon, 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 South Lyon, 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 South Lyon, 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 South Lyon, 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?
What are the best Auto Loan rates in South Lyon, Michigan?
- United Federal Credit Union: 2.99% (Auto Loan)
- ABD Federal Credit Union: 3.25% (New and Used Auto Loans)
- Chief Financial Federal Credit Union: 3.99% (Auto Loan)
- Extra Credit Union: 4.07% (Vehicle Loans)
- 1166 Federal Credit Union: 4.24% (Auto Loans: New and Used - 36 Months)
South Lyon, Michigan Rates & Resources
