Hackensack, New Jersey Best Auto Loan Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Hackensack, New Jersey auto loan rates range from 1.99% to 6.29% APR, verified by MonitorBankRates as of October 13, 2026. Current auto loan rates in Hackensack, New Jersey include Bank of AmericaBank of America360 Essex St, Hackensack, NJ, 07601A+5.0 ★Texas Ratio: 4.14% offering New car (dealer) Loan at 5.49%, Chase BankChase Bank505 Main St, Hackensack, NJ, 07601A+5.0 ★Texas Ratio: 3.68% offering New car purchase Loan at 6.24%, Local 1233 Federal Credit UnionLocal 1233 Federal Credit UnionA+5.0 ★Texas Ratio: 0.59% offering Car Loan at 1.99%, Polish And Slavic Federal Credit UnionPolish And Slavic Federal Credit UnionA+5.0 ★Texas Ratio: 1.64% offering New Auto Loan at 2.99%, ILA Local 1235 Federal Credit UnionILA Local 1235 Federal Credit UnionA+5.0 ★Texas Ratio: 1.21% offering New Auto - 100% Dealer Invoice at 2.99%. Auto loan rates as of October 13, 2026 according to verified data from MonitorBankRates.
Hackensack has 2 local institutions in our database, with auto loan rates as low as 5.49% APR from Bank of America at 360 Essex St, Hackensack, NJ, 07601. Use the tabs below to compare new and used auto loan rates. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Hackensack, New Jersey. Auto Loan Rates Last Updated and Verified: October 13, 2026
Compare Auto Loan Rates Today in Hackensack, New Jersey & Surrounding Area
Hackensack Auto Loan Rates
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.49%▲ from 5.39%
- Sep 18, 20265.39%first recorded
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.69%▲ from 5.59%
- Sep 18, 20265.59%first recorded
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a new car would have a 6.24% APR for 60 months, monthly payment of $875.01 for $45,000 financing, down payment of $0
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a used 2022 year car would have a 6.29% APR for 60 months, monthly payment of $584.04 for $30,000 financing, down payment of $0
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
Credit score 700-749
Credit score 700-749
Credit score 650-699
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Maximum Loan Amount: $120,000.00
As Low As; Auto & Recreational Loans
As Low As
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
Credit score 650-699
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
Range: 3.59% - 14.69% APR; 30% down for lowest rate; Rate is determined by credit risk score; We lend 100% of Kelly Blue Book - New Car Guide
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; Auto & Recreational Loans
As Low As; Loan Term
- Oct 10, 20263.84%▲ from 3.64%
- Sep 18, 20263.64%▲ from 3.49%
- Sep 14, 20263.49%first recorded
As Low As
As Low As; Rates subject to change.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
With credit score of 700 and above
As Low As
As Low As; Without Direct Deposit; New vehicles 2026 & 2025 models with 10,000 miles or less
Credit score 550-649
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
Credit Report Score: 725 and above
Final rates are determined based on credit score and other factors.
As low as
As Low As; Auto & Recreational Loans
New and Used
As Low As; *
As Low As
Table heading: New Auto Interest Rates; rates reviewed monthly and subject to change
Credit Report Score: 725 and above
As Low As
As Low As; Rates subject to change.
As Low As; New and Used Auto APR
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
- Oct 5, 20264.29%▼ from 4.49%
- Sep 17, 20264.49%first recorded
As Low As; Loan Term
- Oct 10, 20264.34%▲ from 4.14%
- Sep 18, 20264.14%▲ from 3.89%
- Sep 14, 20263.89%first recorded
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.38%▲ from 3.99%
- Sep 18, 20263.99%first recorded
As low as*; *Pre-Owned
Application Fee: $40.00
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.49%▼ from 4.99%
- Oct 4, 20264.99%▲ from 4.49%
- Sep 16, 20264.49%first recorded
New and Used
As Low As; New and Used Auto APR
As Low As
As Low As; Vehicle Loans - Used Car Loans
*
Vehicle retail value must be $5,000 or greater
As Low As; Subject to credit approval
As Low As; Subject to credit approval
As Low As
Final rates are determined based on credit score and other factors.
Final rates are determined based on credit score and other factors
Application Fee: $40.00
Lowest Rates For New Vehicles; Max. Amount Financed $60,000.00
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; 5%-40% down payment
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.50%▲ from 4.13%
- Sep 18, 20264.13%first recorded
Credit score 550-649
Score: 690 AND ABOVE; LTV: 125% nada base retail value; New vehicle
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
Application Fee: $40.00
As Low As
As Low As; Rates subject to change.
As Low As; New and Used Auto APR
As Low As; Auto & Recreational Loans
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As low as*
Application Fee: $40.00
Application Fee: $40.00
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
New and Used
Qualified borrowers only; rates published are base rates
Model Year: 2013 & Newer
*
Vehicle retail value must be $5,000 or greater
As Low As; New Auto
As Low As; Subject to credit approval
As Low As; Subject to credit approval
As Low As
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2021 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2021 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.75%▲ from 4.38%
- Sep 18, 20264.38%first recorded
Table heading: New Auto Interest Rates; rates reviewed monthly and subject to change
Score: 690 AND ABOVE; LTV: 125% nada base retail value; New vehicle
Credit Report Score: 724 - 650
Credit Report Score: 725 and above
Model Year: 2026/2025 New
As Low As
As Low As; Rates subject to change.
As Low As; Without Direct Deposit; New vehicles 2026 & 2025 models with 10,000 miles or less
- Oct 5, 20264.79%▼ from 4.99%
- Sep 17, 20264.99%first recorded
Application Fee: $40.00
As low as; *
As Low As; Loan Term
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
Application Fee: $40.00
As low as*
As Low As; Finance up to 120% of the vehicle value; New vehicle
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
Application Fee: $40.00
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
As low as
With credit score of 700 and above
With credit score of 700 and above
As Low As; Maximum: up to 100% of purchase price, including sales tax
Qualified borrowers only; rates published are base rates
Model Year: 2019 & Newer
As Low As; Finance up to 120% of the vehicle value; New vehicle
As Low As; New and Used Auto APR
Rates effective as of November 25, 2025 and subject to change without notice
As Low As; Minimum loan amount $30,000
As Low As; Vehicle Loans - Used Car Loans
*
As Low As; With Direct Deposit; Without direct deposit APR: 5.49%; Direct deposit minimum $500 per month
Vehicle retail value must be $5,000 or greater
Vehicle retail value must be $5,000 or greater
Credit score below 550
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 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; Subject to credit approval
As Low As; Subject to credit approval
As Low As
As Low As
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As low as; Auto Pay
Published APR range: 5.00% to 13.50%.
Final rates are determined based on credit score and other factors.
Final rates are determined based on credit score and other factors
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
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2023 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2023 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; 10%-40% down payment; Maximum age of car - Last 7 Model Years
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20265.00%▲ from 4.63%
- Sep 18, 20264.63%first recorded
As Low As; APR varies based on credit score; Maximum Loan Amount: $100,000
As Low As; APR varies based on credit score; 100% Dealer Invoice/100% Retail; Maximum Loan Amount: $100,000
Credit Report Score: 725 and above
As Low As; *
As Low As; *
As low as; *
Application Fee: $40.00
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20265.13%▲ from 4.88%
- Sep 18, 20264.88%first recorded
As low as*
As Low As; With Direct Deposit; Without direct deposit APR: 5.64%; Direct deposit minimum $500 per month
As low as
As Low As; Finance up to 120% of the vehicle value; New vehicle
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; Rate applies to used vehicles.
- Oct 12, 20265.24%▼ from 5.74%
- Oct 4, 20265.74%▲ from 5.24%
- Sep 16, 20265.24%first recorded
As low as
With credit score of 700 and above
Preferred APR
Rates effective as of October 1, 2026 and subject to change without notice.
- Oct 5, 20265.24%▲ from 4.99%
- Sep 14, 20264.99%first recorded
*
Hackensack New Auto Auto Loan Rates
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.49%▲ from 5.39%
- Sep 18, 20265.39%first recorded
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a new car would have a 6.24% APR for 60 months, monthly payment of $875.01 for $45,000 financing, down payment of $0
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
- Sep 14, 20265.94%first recorded
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
As Low As; Maximum Loan Amount: $120,000.00
As Low As; Auto & Recreational Loans
As Low As
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 0.25% higher without automatic payment
Range: 3.59% - 14.69% APR; 30% down for lowest rate; Rate is determined by credit risk score; We lend 100% of Kelly Blue Book - New Car Guide
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; Loan Term
- Oct 10, 20263.84%▲ from 3.64%
- Sep 18, 20263.64%▲ from 3.49%
- Sep 14, 20263.49%first recorded
As Low As
As Low As; Rates subject to change.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
With credit score of 700 and above
As Low As
As Low As; Without Direct Deposit; New vehicles 2026 & 2025 models with 10,000 miles or less
Final rates are determined based on credit score and other factors.
As low as
As Low As; Auto & Recreational Loans
New and Used
As Low As; *
As Low As
Table heading: New Auto Interest Rates; rates reviewed monthly and subject to change
As Low As
As Low As; Rates subject to change.
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
- Oct 5, 20264.29%▼ from 4.49%
- Sep 17, 20264.49%first recorded
As Low As; Loan Term
- Oct 10, 20264.34%▲ from 4.14%
- Sep 18, 20264.14%▲ from 3.89%
- Sep 14, 20263.89%first recorded
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.38%▲ from 3.99%
- Sep 18, 20263.99%first recorded
As low as*; *Pre-Owned
Application Fee: $40.00
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.49%▼ from 4.99%
- Oct 4, 20264.99%▲ from 4.49%
- Sep 16, 20264.49%first recorded
New and Used
As Low As
*
Vehicle retail value must be $5,000 or greater
As Low As; Subject to credit approval
As Low As
Final rates are determined based on credit score and other factors.
Lowest Rates For New Vehicles; Max. Amount Financed $60,000.00
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Financing: Up to 80%; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; 5%-40% down payment
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.50%▲ from 4.13%
- Sep 18, 20264.13%first recorded
Score: 690 AND ABOVE; LTV: 125% nada base retail value; New vehicle
As Low As; Maximum Loan Amount: $120,000.00
Application Fee: $40.00
As Low As
As Low As; Rates subject to change.
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
Application Fee: $40.00
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
New and Used
Qualified borrowers only; rates published are base rates
*
Vehicle retail value must be $5,000 or greater
As Low As; Subject to credit approval
As Low As
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20264.75%▲ from 4.38%
- Sep 18, 20264.38%first recorded
Table heading: New Auto Interest Rates; rates reviewed monthly and subject to change
Score: 690 AND ABOVE; LTV: 125% nada base retail value; New vehicle
Model Year: 2026/2025 New
As Low As; Without Direct Deposit; New vehicles 2026 & 2025 models with 10,000 miles or less
- Oct 5, 20264.79%▼ from 4.99%
- Sep 17, 20264.99%first recorded
As low as; *
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
Application Fee: $40.00
As low as*
As Low As; Finance up to 120% of the vehicle value; New vehicle
As Low As; With Direct Deposit (minimum $500 per month); New vehicles 2026 & 2025 models with 10,000 miles or less
As Low As; Rate applies to new vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
With credit score of 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; Finance up to 120% of the vehicle value; New vehicle
As Low As; Minimum loan amount $30,000
*
Vehicle retail value must be $5,000 or greater
As Low As; Rates apply with automatic payment from PSFCU Checking Account; 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; Subject to credit approval
As Low As
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As low as; Auto Pay
Final rates are determined based on credit score and other factors.
Application Fee: $40.00
As Low As; Maximum: up to 100% of purchase price, including sales tax
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20265.00%▲ from 4.63%
- Sep 18, 20264.63%first recorded
As Low As; APR varies based on credit score; Maximum Loan Amount: $100,000
As Low As; APR varies based on credit score; 100% Dealer Invoice/100% Retail; Maximum Loan Amount: $100,000
As Low As; *
As low as; *
As Low As; Rate advertised includes a .50% discount on electronic payment from a United Teletech Checking Account and a .25% discount for new auto purchases; Dealer rate match with proof of dealer offer
- Oct 13, 20265.13%▲ from 4.88%
- Sep 18, 20264.88%first recorded
As Low As; Finance up to 120% of the vehicle value; New vehicle
With credit score of 700 and above
Preferred APR
Rates effective as of October 1, 2026 and subject to change without notice.
- Oct 5, 20265.24%▲ from 4.99%
- Sep 14, 20264.99%first recorded
*
Hackensack Used Auto Auto Loan Rates
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
- Sep 27, 20265.69%▲ from 5.59%
- Sep 18, 20265.59%first recorded
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term. Purchase of a used 2022 year car would have a 6.29% APR for 60 months, monthly payment of $584.04 for $30,000 financing, down payment of $0
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Auto & Recreational Loans
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
Published APR range: 3.99% to 12.50%.
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
New and Used
New and Used
As Low As; Vehicle Loans - Used Car Loans
As Low As; Subject to credit approval
Final rates are determined based on credit score and other factors
Application Fee: $40.00
As Low As; Rates 0.25% higher without automatic payment from PSFCU Checking Account
As Low As; Auto & Recreational Loans
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As low as*
Application Fee: $40.00
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.74%▼ from 5.24%
- Oct 4, 20265.24%▲ from 4.74%
- Sep 16, 20264.74%first recorded
New and Used
Model Year: 2013 & Newer
As Low As; Subject to credit approval
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2021 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2021 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As
As Low As; Rates subject to change.
Application Fee: $40.00
As low as; *
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
Application Fee: $40.00
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
As Low As; Rate applies to used vehicles.
- Oct 12, 20264.99%▼ from 5.49%
- Oct 4, 20265.49%▲ from 4.99%
- Sep 16, 20264.99%first recorded
With credit score of 700 and above
Model Year: 2019 & Newer
Rates effective as of November 25, 2025 and subject to change without notice
As Low As; Vehicle Loans - Used Car Loans
Vehicle retail value must be $5,000 or greater
As Low As; Maximum Loan Amount: $75,000.00
As Low As; Subject to credit approval
As Low As
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
Published APR range: 5.00% to 13.50%.
Final rates are determined based on credit score and other factors
Model years 2022 - 2025
Model years 2019 - 2021
Model years 2018 and older
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2023 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
Effective October 1, 2026; Maximum Age of Vehicle: 5 years; Model Year: 2023 - 2026; 0.25% discount with automatic transfer from Nova UA checking; 0.25% higher without automatic transfer
As Low As; 10%-40% down payment; Maximum age of car - Last 7 Model Years
As Low As; *
As low as; *
Application Fee: $40.00
As low as*
As low as
As Low As; 100% Purchase Price; Rates include 0.25% reduction for automatic payments made from your Motion account.
As Low As; Rate applies to used vehicles.
- Oct 12, 20265.24%▼ from 5.74%
- Oct 4, 20265.74%▲ from 5.24%
- Sep 16, 20265.24%first recorded
Preferred APR
Hackensack, NJ Auto Loan Rate Trends
Compare local Hackensack, NJ 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 0.015 points over the past 7 days to 5.355% APR.
New Jersey used auto rates fell 0.055 points over the past 7 days to 5.862% APR.
Hackensack, NJ 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 @ 5.35% APR NJ average | Used Auto @ 5.86% APR NJ average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.51/mo | $289.03/mo | $3.51/mo |
| $25,000 | $475.86/mo | $481.71/mo | $5.86/mo |
| $35,000 | $666.20/mo | $674.40/mo | $8.20/mo |
| $45,000 | $856.54/mo | $867.09/mo | $10.54/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 Hackensack, New Jersey
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Hackensack, 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 Hackensack, 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: Hackensack, New Jersey CD rates lock in a guaranteed return until you’re ready to buy
Hackensack, 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 13.6% of the median individual income in Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, New Jersey
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 Hackensack, 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 Hackensack, New Jersey?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Hackensack, New Jersey?
- Bank of America: 5.49% (New car (dealer) Loan)
- Chase Bank: 6.24% (New car purchase Loan)
- Local 1233 Federal Credit Union: 1.99% (Car Loan)
- Polish And Slavic Federal Credit Union: 2.99% (New Auto Loan)
- ILA Local 1235 Federal Credit Union: 2.99% (New Auto - 100% Dealer Invoice)
Hackensack, New Jersey Rates & Resources
