New Jersey Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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New Jersey auto loan rates range from 2.50% to 5.24% APR, verified by MonitorBankRates as of November 2, 2026. Current auto loan rates in New Jersey include Local 1233 Federal Credit UnionLocal 1233 Federal Credit Union19 Fenwick St, Newark, NJ, 07114A+5.0 ★Texas Ratio: 0.59%Rate verified Oct 29, 2026 offering Auto Loan at 2.50%, Polish And Slavic Federal Credit UnionPolish And Slavic Federal Credit Union667 Chestnut St, Union, NJ, 07083A+5.0 ★Texas Ratio: 1.64%Rate verified Oct 29, 2026 offering New Auto Loan - 1 year at 2.99%, ILA Local 1235 Federal Credit UnionILA Local 1235 Federal Credit Union327 Milltown RD, Springfield, NJ, 07081A+5.0 ★Texas Ratio: 1.21%Rate verified Oct 29, 2026 offering New Auto - 100% Dealer Invoice at 2.99%, American Airlines Federal Credit UnionAmerican Airlines Federal Credit Union614 Frelinghuysen Ave Fl 1, Newark, NJ, 07114A+5.0 ★Texas Ratio: 2.87%Rate verified Oct 29, 2026 offering New Auto Loan at 3.34%, Wakefern Federal Credit UnionWakefern Federal Credit Union505 Division St, Elizabeth, NJ, 07201A+5.0 ★Texas Ratio: 0.18%Rate verified Oct 29, 2026 offering New Car Loan at 3.49%. Auto loan rates as of November 2, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare auto loan rates across New Jersey side-by-side. New Jersey auto loan rates currently start as low as 2.50% APR from Local 1233 Federal Credit Union at 19 Fenwick St, Newark, NJ, 07114. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in New Jersey. Auto Loan Rates Last Updated and Verified: November 2, 2026
Compare Auto Loan Rates Today in New Jersey
New Jersey Auto Loan Rates
Credit score 700-749
- Sep 29, 20262.50%▲ from 1.99%
- Sep 17, 20261.99%first recorded
Credit score 650-699
- Sep 29, 20262.99%▼ from 3.50%
- Sep 17, 20263.50%first recorded
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Maximum loan amount: $120,000.00
As Low As
As Low As; Vehicle Loans - New Car Loans
As Low As; With Direct Deposit; New vehicles are 2026 & 2025 models with 10,000 miles or less; Rates as of: 10/23/2026
As Low As; APR with Direct Deposit; APR without Direct Deposit: 3.99%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
Credit score 650-699
- Sep 29, 20263.50%▲ from 2.99%
- Sep 17, 20262.99%first recorded
As Low As; Rate as low as 3.500%; APR as low as 3.500%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
As Low As
As Low As; Model Year: 2025 & Newer; Auto Loans
- Oct 14, 20263.84%▲ from 3.64%
- Sep 22, 20263.64%first recorded
Loan amount $35,000.00 to $50,000.00; credit score must be 750 and above
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Credit score 700 and above
As Low As; Vehicle Loans - New Car Loans
As Low As; Without Direct Deposit; New vehicles are 2026 & 2025 models with 10,000 miles or less; Rates as of: 10/23/2026
Credit score 550-649
- Sep 29, 20263.99%▼ from 4.50%
- Sep 17, 20264.50%first recorded
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; APR range: 3.99 - 10.99%; Model Year 2025-2027; Up to $65,000
- Oct 26, 20263.99%▼ from 4.49%
- Sep 18, 20264.49%first recorded
Credit Report Score: 725 and above; 100% Financing
Final rates are determined based on credit score and other factors; Calculator available
As Low As
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.19%▲ from 3.89%
- Sep 30, 20263.89%first recorded
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
Used Auto Interest Rates
Credit Report Score: 725 and above; 100% Financing
As Low As; New and Used Auto APR as low as*
As Low As; With Direct Deposit; New vehicles are 2026 & 2025 models with 10,000 miles or less; Rates as of: 10/23/2026
As Low As; APR with Direct Deposit; APR without Direct Deposit: 4.79%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
As Low As; Model Year: 2025 & Newer; Auto Loans
- Oct 14, 20264.34%▲ from 4.14%
- Sep 22, 20264.14%first recorded
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Application Fee: $40.00
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
- Oct 31, 20264.44%▲ from 4.09%
- Sep 30, 20264.09%first recorded
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Less than 75,000 miles
Loan Amount: $500/$100,000
As Low As; New and Used Auto APR as low as*
As Low As; Vehicle Loans - New Car Loans
As Low As
As Low As; Payment per $1,000 Borrowed: $29.74
As Low As; Subject to credit approval; Payment per $1,000 column ignored
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
Final rates are determined based on credit score and other factors; Calculator available
Final rates are determined based on credit score and other factors.
As Low As; Application Fee: $40.00
Lowest Rates For New Vehicles; Max. Amount Financed $60,000.00
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
APR As Low As; Comments: 5%-40% down payment
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
Credit score 550-649
- Sep 29, 20264.50%▲ from 3.99%
- Sep 17, 20263.99%first recorded
Score Tier: A (690 and above); LTV: 125% nada base retail value
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Maximum loan amount: $120,000.00
Credit Report Score: 724 - 650; 100% Financing
As Low As; Application Fee: $40.00
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.59%▲ from 4.29%
- Sep 30, 20264.29%first recorded
As Low As; New and Used Auto APR as low as*
As Low As
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; Application Fee: $40.00
As Low As; Less than 75,000 miles
Qualified borrowers only; rates published are base rates
Description: 2013 & Newer; Qualified borrowers only; Rates published are base rates
Loan Amount: $500/$100,000
Loan Amount: $500/$100,000
Loan Amount: $500/$100,000
As Low As; New Auto; Payment per $1,000 not captured as rate
As Low As; Payment per $1,000 Borrowed: $22.91
As Low As; Subject to credit approval
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
Model Year: 2021 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Model Year: 2021 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
Used Auto Interest Rates
Score Tier: A (690 and above); LTV: 125% nada base retail value
Score Tier: B (689 to 640); LTV: 125% nada base retail value
Credit Report Score: 724 - 650; 100% Financing
Model Year: 2026* (*Over 7500 Miles); Credit Report Score: 725 and above
Effective as of: October 1, 2022
As Low As; Without Direct Deposit; New vehicles are 2026 & 2025 models with 10,000 miles or less; Rates as of: 10/23/2026
As Low As; Application Fee: $40.00
As Low As; Model Year: 2023 - 2024 (call for rates on model years 2022 or older); Auto Loans
- Oct 14, 20264.84%▲ from 4.64%
- Sep 22, 20264.64%first recorded
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.89%▲ from 4.59%
- Sep 30, 20264.59%first recorded
As Low As; With Direct Deposit; New vehicles are 2026 & 2025 models with 10,000 miles or less; Rates as of: 10/23/2026
As Low As; APR with Direct Deposit; APR without Direct Deposit: 5.39%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
Loan amount $35,000.00 to $50,000.00
As Low As; Application Fee: $40.00
As Low As; Rates reflect .25% reduction with Automatic Payments from a First Harvest Checking Account; Maximum loan amount $100,000
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Model Year 2021 and 2020; Up to 120,000 miles
As Low As; Less than 75,000 miles
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; first table cell labeled apr; new auto loans over $20,000 can have up to 84 months
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; new auto loans over $20,000 can have up to 84 months
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; 36 months applies to cars under 7 years old
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; 48 months applies to cars under 5 years old
Credit score 700 and above
Credit score 700 and above
- Nov 2, 20264.99%▼ from 8.99%
- Oct 28, 20268.99%▲ from 4.99%
- Oct 15, 20264.99%first recorded
As Low As; Maximum: up to 100% of purchase price, including sales tax
Qualified borrowers only; rates published are base rates
Description: 2019 & Newer; Qualified borrowers only; Rates published are base rates
As Low As; New and Used Auto APR as low as*
Rates effective as of November 25, 2025
As Low As; Vehicle Loans - New Car Loans; Minimum loan amount $30,000
As Low As
As Low As; With Direct Deposit
Effective September 23, 2026
Credit score below 550
- Sep 29, 20264.99%▼ from 5.50%
- Sep 21, 20265.50%▲ from 4.50%
- Sep 17, 20264.50%first recorded
As Low As; Rate as low as 4.990%; APR as low as 4.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Maximum loan amount: $120,000.00
As Low As; Maximum loan amount: $75,000.00
As Low As; Payment per $1,000 Borrowed: $18.87
As Low As; Subject to credit approval
As Low As; APR range: 4.99 - 10.49%; Model Year 2025-2027; Up to $65,000
- Sep 18, 20264.99%▼ from 5.00%
- Sep 14, 20265.00%first recorded
As Low As; APR range: 4.99 - 11.99%; Model Year 2022-2024; Up to $40,000
- Oct 26, 20264.99%▲ from 4.49%
- Sep 18, 20264.49%first recorded
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Rates accurate as of July 1, 2026
Range: 5.00% to 13.50% APR
Final rates are determined based on credit score and other factors; Calculator available
Final rates are determined based on credit score and other factors.
As Low As; Application Fee: $40.00
As Low As; Maximum: up to 100% of purchase price, including sales tax
Model years 2022 - 2025
Model years 2019 - 2021
Model years 2018 and older
Model Year: 2023 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Model Year: 2023 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
As Low As; Maximum age of car - Last 7 Model Years; 10%-40% down payment
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Maximum Loan Amount: $100,000
As Low As; 100% Dealer Invoice/100% Retail; Maximum Loan Amount: $100,000
Credit Report Score: 725 and above; 100% Financing; Minimum amount financed for 73-84 months is $35,000.00
As Low As; Rates are based on credit score
As Low As; Rates are based on credit score
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20265.09%▲ from 4.79%
- Sep 30, 20264.79%first recorded
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; APR = Annual Percentage Rate; rates subject to change and based on individual credit history
- Oct 23, 20265.09%▲ from 4.39%
- Oct 15, 20264.39%first recorded
As Low As; Used vehicle; minimum loan amount $5,000
- Sep 27, 20265.10%▲ from 4.85%
- Sep 15, 20264.85%first recorded
As Low As; Application Fee: $40.00
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Finance up to 115% of the vehicle value; Model Year: 2022-2026
As Low As; Finance up to 120% of the vehicle value
As Low As; With Direct Deposit
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Model Year 2021 and 2020; Up to 120,000 miles
Credit score 700 and above
As Low As; Finance up to 115% of the vehicle value; Model Year: 2022-2026
As Low As; Finance up to 120% of the vehicle value
New Jersey New Auto Auto Loan Rates
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Maximum loan amount: $120,000.00
As Low As
As Low As; Vehicle Loans - New Car Loans
As Low As; APR with Direct Deposit; APR without Direct Deposit: 3.99%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
As Low As; Rate as low as 3.500%; APR as low as 3.500%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Loan amount $35,000.00 to $50,000.00; credit score must be 750 and above
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Credit score 700 and above
As Low As; Vehicle Loans - New Car Loans
Final rates are determined based on credit score and other factors; Calculator available
As Low As
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.19%▲ from 3.89%
- Sep 30, 20263.89%first recorded
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; APR with Direct Deposit; APR without Direct Deposit: 4.79%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Application Fee: $40.00
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
- Oct 31, 20264.44%▲ from 4.09%
- Sep 30, 20264.09%first recorded
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Less than 75,000 miles
Loan Amount: $500/$100,000
As Low As; Vehicle Loans - New Car Loans
As Low As; Payment per $1,000 Borrowed: $29.74
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
Final rates are determined based on credit score and other factors; Calculator available
Lowest Rates For New Vehicles; Max. Amount Financed $60,000.00
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Financing: Up to 80%; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
APR As Low As; Comments: 5%-40% down payment
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
Score Tier: A (690 and above); LTV: 125% nada base retail value
As Low As; Maximum loan amount: $120,000.00
As Low As; Application Fee: $40.00
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.59%▲ from 4.29%
- Sep 30, 20264.29%first recorded
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; Less than 75,000 miles
Qualified borrowers only; rates published are base rates
Loan Amount: $500/$100,000
As Low As; Payment per $1,000 Borrowed: $22.91
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
Score Tier: A (690 and above); LTV: 125% nada base retail value
Score Tier: B (689 to 640); LTV: 125% nada base retail value
Effective as of: October 1, 2022
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; New Vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles (late model used); Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20264.89%▲ from 4.59%
- Sep 30, 20264.59%first recorded
As Low As; APR with Direct Deposit; APR without Direct Deposit: 5.39%; New vehicles are 2026 & 2025 year models with 10,000 miles or less; Direct deposit minimum $500 per month; Proof of full insurance required
Loan amount $35,000.00 to $50,000.00
As Low As; Rates reflect .25% reduction with Automatic Payments from a First Harvest Checking Account; Maximum loan amount $100,000
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Less than 75,000 miles
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; first table cell labeled apr; new auto loans over $20,000 can have up to 84 months
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; new auto loans over $20,000 can have up to 84 months
Credit score 700 and above
As Low As; Maximum: up to 100% of purchase price, including sales tax
Qualified borrowers only; rates published are base rates
As Low As; Vehicle Loans - New Car Loans; Minimum loan amount $30,000
Effective September 23, 2026
As Low As; Rate as low as 4.990%; APR as low as 4.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Maximum loan amount: $120,000.00
As Low As; Maximum loan amount: $75,000.00
As Low As; Payment per $1,000 Borrowed: $18.87
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; 100% Financing, including Tax, Title and Registration.
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; includes 0.25% reduction for automatic payments from Motion account
As Low As; Rates accurate as of July 1, 2026
Final rates are determined based on credit score and other factors; Calculator available
As Low As; Application Fee: $40.00
As Low As; Maximum: up to 100% of purchase price, including sales tax
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Maximum Loan Amount: $100,000
As Low As; 100% Dealer Invoice/100% Retail; Maximum Loan Amount: $100,000
As Low As; Rates are based on credit score
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; APR = Annual Percentage Rate; rates subject to change and based on individual credit history
- Oct 23, 20265.09%▲ from 4.39%
- Oct 15, 20264.39%first recorded
As Low As; Auto Loans (New Vehicles only); Rate includes .50% electronic payment discount and .25% new auto discount; subject to credit worthiness and underwriter approval
As Low As; Finance up to 120% of the vehicle value
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Effective Date: Thursday, October 22, 2026
As Low As; Effective Date: Thursday, October 22, 2026
Credit score 700 and above
As Low As; Finance up to 120% of the vehicle value
New Jersey Used Auto Auto Loan Rates
As Low As
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
Range: 3.99% to 12.50% APR; Vehicle age: Under 3 years
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
Used Auto Interest Rates
As Low As; Less than 75,000 miles
As Low As
As Low As; Subject to credit approval; Payment per $1,000 column ignored
Final rates are determined based on credit score and other factors.
As Low As; Application Fee: $40.00
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; Less than 75,000 miles
Description: 2013 & Newer; Qualified borrowers only; Rates published are base rates
As Low As; Subject to credit approval
Model Year: 2021 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Model Year: 2021 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Used Auto Interest Rates
As Low As; Application Fee: $40.00
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Application Fee: $40.00
As Low As; Less than 75,000 miles
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; 36 months applies to cars under 7 years old
Effective 9/1/2026; rates reflect FICO 680 or higher and 1.00% automatic payment reduction; 48 months applies to cars under 5 years old
Credit score 700 and above
- Nov 2, 20264.99%▼ from 8.99%
- Oct 28, 20268.99%▲ from 4.99%
- Oct 15, 20264.99%first recorded
Description: 2019 & Newer; Qualified borrowers only; Rates published are base rates
Rates effective as of November 25, 2025
As Low As
As Low As; With Direct Deposit
As Low As; Maximum loan amount: $75,000.00
As Low As; Subject to credit approval
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
Range: 5.00% to 13.50% APR
Final rates are determined based on credit score and other factors.
Model years 2022 - 2025
Model years 2019 - 2021
Model years 2018 and older
Model Year: 2023 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
Model Year: 2023 - 2026; Maximum Age of Vehicle: 5 years; Effective October 1, 2026; Displayed rate reflects 0.25% discount with automatic transfer from Nova UA checking, otherwise 0.25% higher
As Low As; Maximum age of car - Last 7 Model Years; 10%-40% down payment
As Low As; Rates are based on credit score
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Oct 30, 2026 ET; Advertised APR assumes excellent credit
As Low As; Advertised APR assumes excellent borrower credit; Rates as of Oct 26, 2026 ET
- Oct 20, 20265.09%▲ from 4.79%
- Sep 30, 20264.79%first recorded
As Low As; Used vehicle; minimum loan amount $5,000
- Sep 27, 20265.10%▲ from 4.85%
- Sep 15, 20264.85%first recorded
As Low As; Application Fee: $40.00
As Low As; With Direct Deposit
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Financing: 100% Purchase Price; Auto price cannot exceed NADA Value; includes tax, registration, or other fees; used cars maximum term is 6 years; includes 0.25% reduction for automatic payments from Motion account
As Low As; Effective Date: Thursday, October 22, 2026
New Jersey Auto Loan Rate Trends
Compare local New Jersey 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.
New Jersey new auto rates rose 0.010 points over the past 7 days to 5.369% APR.
New Jersey used auto rates fell 0.008 points over the past 7 days to 5.947% APR.
New Jersey 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 New Jersey 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 New Jersey 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 @ 5.37% APR NJ average | Used Auto @ 5.95% APR NJ average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.61/mo | $289.62/mo | $4.01/mo |
| $25,000 | $476.02/mo | $482.71/mo | $6.69/mo |
| $35,000 | $666.42/mo | $675.79/mo | $9.37/mo |
| $45,000 | $856.83/mo | $868.87/mo | $12.04/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 New Jersey
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving New Jersey 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 New Jersey. 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 New Jersey 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: New Jersey CD rates lock in a guaranteed return until you’re ready to buy
New Jersey Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $571 monthly car payment works out to roughly 12.4% of the median individual income in New Jersey. 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 New Jersey, 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 New Jersey. We’ve prefilled the APR with today’s NJ 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 New Jersey 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 New Jersey 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 New Jersey. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in NJ.
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 New Jersey
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 New Jersey
What are auto loan rates in New Jersey today?
How does my credit score affect my car loan rate in New Jersey?
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 New Jersey?
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 New Jersey?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in New Jersey?
- Local 1233 Federal Credit Union: 2.50% (Auto Loan)
- Polish And Slavic Federal Credit Union: 2.99% (New Auto Loan - 1 year)
- ILA Local 1235 Federal Credit Union: 2.99% (New Auto - 100% Dealer Invoice)
- American Airlines Federal Credit Union: 3.34% (New Auto Loan)
- Wakefern Federal Credit Union: 3.49% (New Car Loan)
New Jersey Rates & Resources
Auto Loan Rates by City in New Jersey
