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Auto Loan Rates in Rhode Island (RI) for May 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of local and national lenders actively lending to borrowers in Rhode Island. Your final approved rate will depend on your credit profile, loan term, and vehicle age.
| ✓Fact Checked | Auto Loan Rates — Last Updated and Verified: April 27, 2026

Current auto loan rates in Rhode Island include Westerly Community Credit UnionWesterly Community Credit Union122 Granite St, Westerly, RI, 02891A+5.0 ★Texas Ratio: 1.26% offering Used Auto Loans 2021 - 2025 at 3.99%, Blackstone River Federal Credit UnionBlackstone River Federal Credit Union10 Monument Sq, Woonsocket, RI, 02895A+5.0 ★Texas Ratio: 4.52% offering New Auto at 4.25%, Rhode Island Credit UnionRhode Island Credit Union160 Francis St, Providence, RI, 02903 1118A+5.0 ★Texas Ratio: 2.38% offering New Auto 2025-2026 at 4.99%, Cumberland Municipal Employees Federal Credit UnionCumberland Municipal Employees Federal Credit Union2145 Diamond Hill Rd, Cumberland, RI, 02864 5135A+5.0 ★Texas Ratio: 0.27% offering New Auto at 5.75%. Auto loan rates as of April 27, 2026 according to verified data from MonitorBankRates.

Use the tabs below to compare auto loan rates across Rhode Island side-by-side. Rhode Island auto loan rates currently start as low as 3.99% APR from Westerly Community Credit Union at 122 Granite St, Westerly, RI, 02891. Rates are continually updated — we recommend checking back frequently.

Auto loan rates reflect recent market quotes and representative offers available to borrowers in Rhode Island. Auto Loan Rates Last Updated and Verified: April 27, 2026

Compare Auto Loan Rates Today in Rhode Island

Source: Verified Auto Loan Rate Data provided by MonitorBankRates
Lender
Product
APR
Term
Profile
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Used Auto Loans 2021 - 2025
3.99%
3 years
View
▼
APR3.99%
Term3 years
Last UpdatedApr 19, 2026
Details

Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
New Auto
4.25%
Maximum Term 7 years
View
▼
APR4.25%
TermMaximum Term 7 years
Last UpdatedApr 27, 2026
Details

Rates as low as 4.25%*

Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Used Auto
4.25%
Maximum Term 6 years on 1 to 5 Yr Old Auto; Maximum Term 5 years on 6 and 7 Yr O
View
▼
APR4.25%
TermMaximum Term 6 years on 1 to 5 Yr Old Auto; Maximum Term 5 years on 6 and 7 Yr O
Last UpdatedApr 27, 2026
Details

Rates as low as 4.25%*

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
New Auto 2025-2026
4.99%
84 Months
View
▼
APR4.99%
Term84 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2025-2026
4.99%
84 Months
View
▼
APR4.99%
Term84 Months
Last UpdatedApr 19, 2026
Details

Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Used Auto Loans 2023 and Newer
4.99%
6 years
View
▼
APR4.99%
Term6 years
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2021-2024
5.19%
66 Months
View
▼
APR5.19%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2020
5.39%
66 Months
View
▼
APR5.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2021-2024
5.49%
78 Months
View
▼
APR5.49%
Term78 Months
Last UpdatedApr 19, 2026
Details

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
New Auto
5.75%
84 Months
View
▼
APR5.75%
Term84 Months
Last UpdatedApr 27, 2026
Details

100% financing

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
5.75%
72 Months
View
▼
APR5.75%
Term72 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
6.25%
60 Months
View
▼
APR6.25%
Term60 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2019
6.39%
66 Months
View
▼
APR6.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2018
6.89%
66 Months
View
▼
APR6.89%
Term66 Months
Last UpdatedApr 19, 2026
Details

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
6.95%
48 Months
View
▼
APR6.95%
Term48 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2017
7.39%
66 Months
View
▼
APR7.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2016
7.89%
54 Months
View
▼
APR7.89%
Term54 Months
Last UpdatedApr 19, 2026
Details

Source: Verified Auto Loan Rate Data provided by MonitorBankRates
Lender
Product
APR
Term
Profile
Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
New Auto
4.25%
Maximum Term 7 years
View
▼
APR4.25%
TermMaximum Term 7 years
Last UpdatedApr 27, 2026
Details

Rates as low as 4.25%*

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
New Auto 2025-2026
4.99%
84 Months
View
▼
APR4.99%
Term84 Months
Last UpdatedApr 19, 2026
Details

Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Used Auto Loans 2023 and Newer
4.99%
6 years
View
▼
APR4.99%
Term6 years
Last UpdatedApr 19, 2026
Details

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
New Auto
5.75%
84 Months
View
▼
APR5.75%
Term84 Months
Last UpdatedApr 27, 2026
Details

100% financing

Source: Verified Auto Loan Rate Data provided by MonitorBankRates
Lender
Product
APR
Term
Profile
Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Used Auto Loans 2021 - 2025
3.99%
3 years
View
▼
APR3.99%
Term3 years
Last UpdatedApr 19, 2026
Details

Blackstone River Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.52%
10 Monument Sq, Woonsocket, RI, 02895
Used Auto
4.25%
Maximum Term 6 years on 1 to 5 Yr Old Auto; Maximum Term 5 years on 6 and 7 Yr O
View
▼
APR4.25%
TermMaximum Term 6 years on 1 to 5 Yr Old Auto; Maximum Term 5 years on 6 and 7 Yr O
Last UpdatedApr 27, 2026
Details

Rates as low as 4.25%*

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2025-2026
4.99%
84 Months
View
▼
APR4.99%
Term84 Months
Last UpdatedApr 19, 2026
Details

Westerly Community Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.26%
122 Granite St, Westerly, RI, 02891
Used Auto Loans 2023 and Newer
4.99%
6 years
View
▼
APR4.99%
Term6 years
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2021-2024
5.19%
66 Months
View
▼
APR5.19%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2020
5.39%
66 Months
View
▼
APR5.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2021-2024
5.49%
78 Months
View
▼
APR5.49%
Term78 Months
Last UpdatedApr 19, 2026
Details

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
5.75%
72 Months
View
▼
APR5.75%
Term72 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
6.25%
60 Months
View
▼
APR6.25%
Term60 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2019
6.39%
66 Months
View
▼
APR6.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2018
6.89%
66 Months
View
▼
APR6.89%
Term66 Months
Last UpdatedApr 19, 2026
Details

Cumberland Municipal Employees Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.27%
2145 Diamond Hill Rd, Cumberland, RI, 02864 5135
Used Auto
6.95%
48 Months
View
▼
APR6.95%
Term48 Months
Last UpdatedApr 27, 2026
Details

100% Financing

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2017
7.39%
66 Months
View
▼
APR7.39%
Term66 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.38%
160 Francis St, Providence, RI, 02903 1118
Used Auto 2016
7.89%
54 Months
View
▼
APR7.89%
Term54 Months
Last UpdatedApr 19, 2026
Details

Rhode Island Auto Loan Rate Trends

Compare local Rhode Island 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.

View Full Rhode Island Auto Trends →
New Auto Loan — RI Avg
4.925%
Unchanged vs 7 days ago

Rhode Island new auto loan rates currently average 4.925% APR.

Used Auto Loan — RI Avg
5.941%
Unchanged vs 7 days ago

Rhode Island used auto loan rates currently average 5.941% APR.

As of May 5, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Frequently Asked Questions about Auto Loans in Rhode Island

How does my credit score affect my car loan rate in Rhode Island?

Your credit score is the biggest factor determining your auto loan APR. Borrowers in Rhode Island with excellent credit (750+) qualify for the lowest rates, while those with lower scores will see significantly higher interest costs.

Is it better to finance through a dealership or a bank?

It is highly recommended to get pre-approved through a local bank or credit union in Rhode Island *before* visiting a dealership. Dealerships often mark up interest rates to make a profit.

What is the difference between New and Used Auto Loan rates?

Lenders in Rhode Island typically offer lower interest rates for new cars because they are easier to value and represent less risk. Used car loans generally carry slightly higher APRs.

How long should my auto loan term be?

While 72-month and 84-month loans lower your monthly payment, they cost you far more in total interest. The ideal auto loan term is 60 months or less.

What are the best Auto Loan rates in Rhode Island?

Based on our current data, some of the lowest auto loan rates available in Rhode Island include:
  • Westerly Community Credit Union: 3.99% (Used Auto Loans 2021 - 2025)
  • Blackstone River Federal Credit Union: 4.25% (New Auto)
  • Rhode Island Credit Union: 4.99% (New Auto 2025-2026)
  • Cumberland Municipal Employees Federal Credit Union: 5.75% (New Auto)
Auto Loan Rates reflect actual verified offers from banks and credit unions actively lending in Rhode Island. Your final approved rate will depend on your credit profile and loan term. Last Updated and Verified: April 27, 2026

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Auto Loan Rates by City in Rhode Island