Auto Loan Rates in Albany, New York (NY) for June 2026
Brian McKay
Brian McKay
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Current auto loan rates in Albany, New York include NEXT STEPNEXT STEP325 Washington Avenue Ext, Albany, NY, 12205 5581A+5.0 ★Texas Ratio: 8.67% offering New Auto at 3.79%, First New York Federal Credit UnionFirst New York Federal Credit Union818 Central Ave, Albany, NY, 12206 1543A+5.0 ★Texas Ratio: 5.58% offering New Auto Loan at 3.99%, Broadview Federal Credit UnionBroadview Federal Credit Union40 Wolf Rd, Albany, NY, 12205A+5.0 ★Texas Ratio: 6.28% offering Vehicle Loan at 4.24%, ADVANTAGE FINANCIALADVANTAGE FINANCIAL113 HOLLAND AVE, ALBANY, NY, 12208A5.0 ★Texas Ratio: 7.37% offering Auto Loans at 4.49%, TrustCo BankTrustCo Bank112 State St, Albany, NY, 12207A+5.0 ★Texas Ratio: 3.16% offering Auto Loans: New Vehicle at 4.99%. Auto loan rates as of June 16, 2026 according to verified data from MonitorBankRates.
Albany has 8 local institutions in our database, with auto loan rates as low as 3.79% APR from NEXT STEP at 325 Washington Avenue Ext, Albany, NY, 12205 5581. 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 Albany, New York. Auto Loan Rates Last Updated and Verified: June 16, 2026
Compare Auto Loan Rates Today in Albany, New York & Surrounding Area
Albany Auto Loan Rates
As Low As
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
as low as 4.24% APR
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
As Low As; w/ Auto Pay Discount: 4.39%
As Low As; w/ Auto Pay Discount: 4.39%
As Low As
As Low As; w/ Auto Pay Discount: 4.89%
As Low As; w/ Auto Pay Discount: 4.89%
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As; w/ Auto Pay Discount: 5.39%
As Low As; w/ Auto Pay Discount: 5.39%
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
6.49%
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As; w/ Auto Pay Discount: 6.39%
As Low As; w/ Auto Pay Discount: 6.39%
7.00%
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month. 96 Month term ONLY available on NEW Automobile Model Years 2026-2027.
Competitive Fixed Rates. Previously owned or titled. Financing up to 100% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty. Vehicles prior to and including 2016: We will finance the purchase price or NADA value. The annual Percentage Rate (APR) offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As
As Low As; w/ Auto Pay Discount: 7.39%
As Low As; w/ Auto Pay Discount: 7.39%
Competitive Fixed Rates. Previously owned or titled. Financing up to 100% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty. Vehicles prior to and including 2016: We will finance the purchase price or NADA value. The annual Percentage Rate (APR) offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As low as
Up To 100% Financing
As low as
As Low As
Cars & Trucks; Military; First Responder; Graduate & First-time Discounts
As low as
Fixed Rate
New Auto (2025 & 2026)
Used Auto (2021 - 2025)
The following rates may be higher based on your credit score: Rates are based on credit worthiness of the applicant. Rates are subject to change.
As Low As
As low as; Rates effective as of 03/01/2026
Up to $100,000.00; New purchases only (excludes refinances on existing MEFCU loans)
Up to $100,000.00; Used purchases only (excludes refinances on existing MEFCU loans)
Credit Limit: Book Retail Value
As low as
As Low As; 2026 & Newer
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
As Low As; *
As Low As; *
As Low As
100% financing of purchase price, tax and license
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
Min amt financed of $20,000 for terms ? 67 months
As Low As; Rates based on "A" credit rating - March 2026
As Low As; 2025 & newer
4.25% APR available for 2025-2026 models for 72 months (4.65% for 84 months). Other model years and terms vary. Subject to credit approval. Rates subject to change.
As Low As; New Autos
Rate Category: A
As Low As; *
As Low As; ...
Up to $100,000.00; Used purchases only (excludes refinances on existing MEFCU loans)
As Low As; 2022 - 2024
As Low As
As Low As*
As Low As
New Auto (2025 & 2026)
As Low As
APR with Discount as low as*: 3.99%
APR with Discount as low as*: 3.99%
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
Min amt financed of $20,000 for terms ? 67 months
Credit Score: A+ / 730+
As Low As; *
As Low As; *
As Low As; New Autos
5%-40% down payment
As Low As
As low as
As Low As; *
As Low As; *
As Low As; 2022 - 2024
4.25% APR available for 2025-2026 models for 72 months (4.65% for 84 months). Other model years and terms vary. Subject to credit approval. Rates subject to change.
Loan Amount: $2,500+
As Low As
As Low As
As Low As
As Low As; For auto re-finance terms of 78 months estimated monthly payment of $17.24 per $1000 borrowed for 2019-2027 vehicles. Minimum auto loan is $1,000. Payment is based on rate of 4.74%.
Min amt financed of $20,000 for terms ? 67 months
As Low As; As low as 4.74%
As Low As; *
As Low As; *
Cars & Trucks; Military; First Responder; Graduate & First-time Discounts
Cars & Trucks; Military; First Responder; Graduate & First-time Discounts
As Low As; 2025 & newer
APR* As Low As
Rate Category: B
As Low As; SPECIAL SUMMER car loan rates
As Low As
As Low As; ...
As Low As
Maximum Loan Amount: $45,000; Model Years: 2025-2026
As Low As
As Low As; 2017 - 2021
Loan Amount: $2,500+
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.15%
100% financing.
As Low As; 2022 - 2024
As low as 5.75% APR
As Low As; Fixed APR
As Low As; Used Autos
As Low As; Used Autos
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.20%
Maximum Loan Amount: $45,000; Model Years: 2025-2026
As Low As
As Low As*
As Low As
As Low As
As Low As
As Low As
As Low As
APR with Discount as low as*: 4.49%
APR with Discount as low as*: 4.49%
As Low As; For new car terms of 66 months estimated monthly payment of $17.36 per 1000.00 borrowed. Minimum auto loan is $1,000. Payment is based on new car rate of 4.99%. Rate assumes LTV of 125% or less. Program subject to change without notice. Member conditions apply.
Min amt financed of $20,000 for terms ? 67 months
As low as
Albany New Auto Auto Loan Rates
As Low As
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
As Low As; w/ Auto Pay Discount: 4.39%
As Low As; w/ Auto Pay Discount: 4.89%
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
As Low As; w/ Auto Pay Discount: 5.39%
6.49%
As Low As; w/ Auto Pay Discount: 6.39%
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month. 96 Month term ONLY available on NEW Automobile Model Years 2026-2027.
As Low As; w/ Auto Pay Discount: 7.39%
As low as
Up To 100% Financing
As Low As
New Auto (2025 & 2026)
The following rates may be higher based on your credit score: Rates are based on credit worthiness of the applicant. Rates are subject to change.
As Low As
As low as; Rates effective as of 03/01/2026
Up to $100,000.00; New purchases only (excludes refinances on existing MEFCU loans)
As low as
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
As Low As; *
As Low As; *
As Low As
100% financing of purchase price, tax and license
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
Min amt financed of $20,000 for terms ? 67 months
As Low As; Rates based on "A" credit rating - March 2026
As Low As; New Autos
Rate Category: A
As Low As; *
As Low As; ...
As Low As
New Auto (2025 & 2026)
APR with Discount as low as*: 3.99%
As Low As; Maximum loan amount: $100,000 (includes motorcycles, boats, & RV's). All offers of credit are subject to credit approval; not all applicants will qualify for the lowest rate and may be offered credit at higher rates and other terms based on creditworthiness. Rates assume excellent borrower credit history.
Min amt financed of $20,000 for terms ? 67 months
As Low As; *
As Low As; *
As Low As; New Autos
5%-40% down payment
As Low As
As Low As; *
As Low As; *
As Low As
Min amt financed of $20,000 for terms ? 67 months
As Low As; *
As Low As; *
APR* As Low As
Rate Category: B
As Low As; SPECIAL SUMMER car loan rates
As Low As
As Low As; ...
As Low As
Maximum Loan Amount: $45,000; Model Years: 2025-2026
As Low As
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.15%
100% financing.
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.20%
Maximum Loan Amount: $45,000; Model Years: 2025-2026
As Low As
APR with Discount as low as*: 4.49%
Min amt financed of $20,000 for terms ? 67 months
As low as
Albany Used Auto Auto Loan Rates
As Low As; w/ Auto Pay Discount: 4.39%
As Low As
As Low As; w/ Auto Pay Discount: 4.89%
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As; w/ Auto Pay Discount: 5.39%
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As; A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As; w/ Auto Pay Discount: 6.39%
7.00%
Competitive Fixed Rates. Previously owned or titled. Financing up to 100% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty. Vehicles prior to and including 2016: We will finance the purchase price or NADA value. The annual Percentage Rate (APR) offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As
As Low As; w/ Auto Pay Discount: 7.39%
Competitive Fixed Rates. Previously owned or titled. Financing up to 100% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty. Vehicles prior to and including 2016: We will finance the purchase price or NADA value. The annual Percentage Rate (APR) offered is subject to change and all loans are subject to approval. A 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid or electric cars. The actual rate may vary.
As Low As
As low as
Used Auto (2021 - 2025)
The following rates may be higher based on your credit score: Rates are based on credit worthiness of the applicant. Rates are subject to change.
Up to $100,000.00; Used purchases only (excludes refinances on existing MEFCU loans)
Credit Limit: Book Retail Value
As Low As; ...
Up to $100,000.00; Used purchases only (excludes refinances on existing MEFCU loans)
APR with Discount as low as*: 3.99%
Credit Score: A+ / 730+
As Low As
As low as
As Low As; ...
As Low As
As Low As; Used Autos
As Low As; Used Autos
As Low As
As Low As
As Low As
APR with Discount as low as*: 4.49%
As low as
Albany, NY Auto Loan Rate Trends
Compare local Albany, NY 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 York new auto rates rose 0.143 points over the past 7 days to 5.632% APR.
New York used auto rates rose 0.001 points over the past 7 days to 6.515% APR.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Albany, New York 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 Albany, New York 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 Albany, New York. We feature a comprehensive mix of lenders — from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in NY.
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 Albany, New York
How does my credit score affect my car loan rate in New York?
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 Albany, New York?
- NEXT STEP: 3.79% (New Auto)
- First New York Federal Credit Union: 3.99% (New Auto Loan)
- Broadview Federal Credit Union: 4.24% (Vehicle Loan)
- ADVANTAGE FINANCIAL: 4.49% (Auto Loans)
- TrustCo Bank: 4.99% (Auto Loans: New Vehicle)
