Salt Lake City, Utah Best Auto Loan Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Salt Lake City, Utah auto loan rates range from 2.49% to 16.50% APR, verified by MonitorBankRates as of October 13, 2026. Current auto loan rates in Salt Lake City, Utah include P&S Credit UnionP&S Credit Union2250 S Redwood Rd Ste 6, Salt Lake City, UT, 84119 1356A+5.0 ★Texas Ratio: 0.10% offering New Truck & Auto Loans (2026 and Untitled 2025 Vehicles) at 2.49%, Delta Community Credit UnionDelta Community Credit Union3920 W Terminal Dr, Salt Lake City, UT, 84116A+5.0 ★Texas Ratio: 1.24% offering New and Used Other Vehicle Loans at 3.99%, Koin Credit UnionKoin Credit Union420 E South Temple Ste 520, Salt Lake City, UT, 84111A+5.0 ★Texas Ratio: 4.05% offering New Auto at 4.25%, Utah Power Credit UnionUtah Power Credit Union1407 W North Temple Ste 120C, Salt Lake City, UT, 84116A+5.0 ★Texas Ratio: 0.98% offering Auto Loan at 4.29%, Chartway Credit UnionChartway Credit Union2210 S State St, Salt Lake City, UT, 84115A5.0 ★Texas Ratio: 10.30% offering New Auto Loan at 4.40%. Auto loan rates as of October 13, 2026 according to verified data from MonitorBankRates.
Salt Lake City has 23 local institutions in our database, with auto loan rates as low as 2.49% APR from P&S Credit Union at 2250 S Redwood Rd Ste 6, Salt Lake City, UT, 84119 1356. 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 Salt Lake City, Utah. Auto Loan Rates Last Updated and Verified: October 13, 2026
Compare Auto Loan Rates Today in Salt Lake City, Utah & Surrounding Area
Salt Lake City Auto Loan Rates
As Low As; Fixed
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
As Low As
Featured on homepage 'Your Rates' section; 'One number for all' - same rate for all members
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 4.49% to 16.89%. Loan amount $20,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 61-72 months (greater than or equal to $20,000); Published APR range: 4.49% to 15.09%.
Term: 61-72 months (greater than or equal to $20,000); APR range: 4.49% to 15.39%
As Low As*
As Low As
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Value maximum: 110% NADA CLEAN RETAIL; higher rates may apply for members with an Experian FICO credit score less than 670
Rate Type: Fixed; Published rates include a .25 discount for a Granite CU Spend Account + Automatic Payment; Membership required; New money loans only
Rate Type: Fixed; Published rates include a .25 discount for a Granite CU Spend Account + Automatic Payment; Membership required; New money loans only
As Low As*
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Fixed
As Low As; Fixed
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Value maximum: 110% NADA CLEAN RETAIL; higher rates may apply for members with an Experian FICO credit score less than 670
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
Advertised APR includes 0.25% loan rate discount with Reward Yourself Checking; best rates on new/used vehicle purchases and refinanced loans from other institutions
- Oct 5, 20264.99%▲ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; Fixed; Rates for Utah
Rate Type: Fixed; Published rates include a .25 discount for a Granite CU Spend Account + Automatic Payment; Membership required; New money loans only
Published APR range: 4.99% to 17.59%. Loan amount $30,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 73-84 months (greater than or equal to $30,000); Published APR range: 4.99% to 15.79%.
Term: 73-84 months (greater than or equal to $30,000); APR range: 4.99% to 16.09%
As Low As; Fixed
As Low As; Fixed
As Low As; Fixed
As Low As
As Low As
As Low As
Additional APR listed for this product: 5.24%. Model Year: 2019-2026
- Oct 6, 20264.99%▲ from 4.74%
- Sep 18, 20264.74%first recorded
Term: 60 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Dependent; Transunion Credit Score: 750 plus
Credit Score Dependent; Transunion Credit Score: 750 plus
As Low As
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $20,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Minimum Loan Amount: $20,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 5.19% to 17.59%. Loan amount $50,000 or more; boats, RVs and aircraft loans only
7 year term only: minimum loan $25,000; model years 2022-2025 only; must have Experian FICO credit score of 670 or greater; value maximum: 110% NADA CLEAN RETAIL
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.24%▲ from 4.99%
- Sep 17, 20264.99%first recorded
Includes cars, pickup trucks, SUVs, etc.
Advertised APR includes 0.25% loan rate discount with Reward Yourself Checking; best rates on new/used vehicle purchases and refinanced loans from other institutions
- Oct 5, 20265.24%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Fixed; Rates for Utah
As Low As*
Additional APR listed for this product: 5.49%. Model Year: 2019-2026
- Oct 6, 20265.24%▲ from 4.99%
- Sep 18, 20264.99%first recorded
- Oct 8, 20265.25%▲ from 5.15%
- Sep 25, 20265.15%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As
- Sep 25, 20265.28%▲ from 5.03%
- Sep 17, 20265.03%first recorded
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: 2015 & Older; Rates include a 0.50% discount for automatic payment.
- Oct 13, 20265.29%▲ from 4.29%
- Sep 18, 20264.29%first recorded
Published APR range: 5.39% to 17.59%. Loan amount $75,000 or more; boats, RVs and aircraft loans only
As Low As; Fixed
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
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; Model Year: 2020 & Newer (Branded/Rebuilt Title); Not eligible for GAP coverage; unable to extend loan terms for Debt Protection or Mechanical Breakdown coverages; GoldStar Membership required, otherwise rate is 0.25% APR higher
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.49%▲ from 5.24%
- Sep 17, 20265.24%first recorded
Includes cars, pickup trucks, SUVs, etc.
Advertised APR includes 0.25% loan rate discount with Reward Yourself Checking; best rates on new/used vehicle purchases and refinanced loans from other institutions
- Oct 5, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
As Low As
As Low As
As Low As
As Low As
- Oct 8, 20265.50%▲ from 5.49%
- Sep 25, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Term: 60 months, up to 15,000 miles; Credit Score: 749-700
Term: 72 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Dependent; Transunion Credit Score: 700-749
Credit Score Dependent; Transunion Credit Score: 750 plus
Credit Score Dependent; Transunion Credit Score: 700-749
Published APR range: 5.59% to 17.59%. Loan amount $100,000 or more; boats, RVs and aircraft loans only
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
As Low As*
Term: >$25,0000 for 84 months; As Low As
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $25,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Minimum Loan Amount: $25,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Fixed
As Low As; Model Year: 2019 & Older; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
As Low As; Fixed; Rates for Utah
Rate Type: Fixed; 73+ month loans require a minimum loan amount of $20,000 or a vehicle two years old or newer; Published rates include a .25 discount for a Granite CU Spend Account + Automatic Payment; Membership required; New money loans only
Additional APR listed for this product: 6.24%. Model Year: 2019-2026
- Oct 6, 20265.99%▲ from 5.74%
- Sep 18, 20265.74%first recorded
Additional APR listed for this product: 6.24%. Model Year: 2011-2018
- Oct 6, 20265.99%▲ from 5.74%
- Sep 18, 20265.74%first recorded
Model Year: 2022-2027; Special: 2022-2027 up to 72 months at 3.99%; 2019-2027 for 73-96 months at 5.90%
Term: 60 months, up to 15,000 miles; Credit Score: 699-650
Term: 72 months, up to 15,000 miles; Credit Score: 749-700
Credit Score Dependent; Transunion Credit Score: 650-699
Credit Score Dependent; Transunion Credit Score: 650-699
As Low As; Fixed
As Low As
- 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; Model Year: 2019 & Older; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20266.24%▲ from 5.99%
- Sep 17, 20265.99%first recorded
Advertised APR includes 0.25% loan rate discount with Reward Yourself Checking; best rates on new/used vehicle purchases and refinanced loans from other institutions
- Oct 5, 20266.24%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Type: Fixed
As Low As; Type: Fixed
Additional APR listed for this product: 6.49%. Model Year: 2011-2018
- Oct 6, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
- Oct 8, 20266.25%▲ from 6.24%
- Sep 25, 20266.24%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Fixed
As Low As
- 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; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As; Model Year: 2019 & Older (Branded/Rebuilt Title); Not eligible for GAP coverage; unable to extend loan terms for Debt Protection or Mechanical Breakdown coverages; GoldStar Membership required, otherwise rate is 0.25% APR higher
As Low As; Vehicle Year: 2016 & Older; Advertised APR includes a 0.50% loan rate discount provided to those with a Dream Rewards Checking
- Oct 5, 20266.49%▲ from 6.24%
- Sep 17, 20266.24%first recorded
As Low As; Type: Fixed
Model Year: 2022-2027; Special: 2019-2027 for 73-96 months at 5.90%
Term: 72 months, up to 15,000 miles; Credit Score: 699-650
Credit Score Dependent; Transunion Credit Score: 700-749
Credit Score Dependent; Transunion Credit Score: 620-649
As Low As; Vehicle Year: 2016 & Older; Advertised APR includes a 0.50% loan rate discount provided to those with a Dream Rewards Checking
- Oct 5, 20266.74%▲ from 6.49%
- Sep 17, 20266.49%first recorded
Additional APR listed for this product: 6.99%. Model Year: 2016-2018
- Oct 6, 20266.74%▲ from 6.49%
- Sep 18, 20266.49%first recorded
Term: >$25,0000 for 84 months; As Low As
As Low As; Model Year: 2019 & Older; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
Model Year: 2019-2021; Special: 2019-2021 up to 72 months at 4.50%; 2022-2027 up to 72 months at 3.99%
Credit Score Dependent; Transunion Credit Score: 620-649
Credit Score Dependent; Transunion Credit Score: 750 plus
As Low As; Fixed
As Low As
- Sep 25, 20267.03%▲ from 6.79%
- Sep 14, 20266.79%first recorded
As Low As; Type: Fixed
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed
Credit Score Dependent; Transunion Credit Score: 620-649
Credit Score Dependent; Transunion Credit Score: 700-749
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed
As Low As; Fixed
$30,000; As Low As; Fixed; Rates for Utah; Minimum loan amount of $30,000 required
As Low As
- Sep 25, 20268.00%▲ from 7.74%
- Sep 14, 20267.74%first recorded
Credit Score Dependent; Transunion Credit Score: 650-699
APR range: 8.00% to 16.50%
APR range: 8.25% to 16.75%
As Low As; Fixed; PROMO; $30,000 and above
As Low As; Fixed; PROMO; $30,000 and above, less than 5 years old
APR range: 8.50% to 16.75%
APR range: 8.75% to 16.75%
Credit Score Dependent; Transunion Credit Score: 620-649
APR range: 9.00% to 16.75%
Term: 60 months, up to 15,000 miles; Credit Score: 649-600
Credit Score Dependent; Transunion Credit Score: 750 plus
Term: 72 months, up to 15,000 miles; Credit Score: 649-600
Credit Score Dependent; Transunion Credit Score: 650-699
As Low As; Fixed
Credit Score Dependent; Transunion Credit Score: 620-649
As Low As; Fixed
As Low As; Fixed; $20,000 and above, less than 10 years old
Term: 60 months, up to 15,000 miles; Credit Score: 599-500
Term: 72 months, up to 15,000 miles; Credit Score: 599-500
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
APR range: 3.95% - 15.25%; Rate Type: Fixed
APR range: 4.10% - 15.40%; Rate Type: Fixed
Model Year: 2018-2027; Rates include 0.50% discount for automatic payments from an active WBVFCU account and monthly direct deposit
Model Year: 2018-2027; Minimum loan $20,000; Rates include 0.50% discount for automatic payments from an active WBVFCU account and monthly direct deposit
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
APR range: 4.25% - 15.55%; Rate Type: Fixed
APR range: 4.30% - 15.70%; Rate Type: Fixed
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
Model Year: 2021-2027; Minimum loan $20,000; Rates include 0.50% discount for automatic payments from an active WBVFCU account and monthly direct deposit
As Low As; Age of Vehicle: 2016-2026; Benefits: LOWEST RATE. No payment for 60 days
As Low As; Fixed APR
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
APR range: 4.60% - 15.90%; Rate Type: Fixed
As Low As; Model Year: 2016-2026
- Oct 9, 20264.69%▼ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; GREAT RATES FLEXIBLE TERMS AVAILABLE 24/7
- Oct 13, 20264.69%▲ from 4.34%
- Sep 14, 20264.34%first recorded
As Low As; GREAT RATES FLEXIBLE TERMS AVAILABLE 24/7
- Oct 13, 20264.69%▲ from 4.34%
- Sep 14, 20264.34%first recorded
As Low As; GREAT RATES FLEXIBLE TERMS AVAILABLE 24/7
- Oct 13, 20264.69%▲ from 4.34%
- Sep 14, 20264.34%first recorded
Salt Lake City New Auto Auto Loan Rates
As Low As; Fixed
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
Published APR range: 3.99% to 14.39%.
As Low As
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 4.49% to 16.89%. Loan amount $20,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 61-72 months (greater than or equal to $20,000); Published APR range: 4.49% to 15.09%.
As Low As*
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As*
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Fixed
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
Published APR range: 4.99% to 17.59%. Loan amount $30,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 73-84 months (greater than or equal to $30,000); Published APR range: 4.99% to 15.79%.
As Low As; Fixed
As Low As; Fixed
As Low As
As Low As
As Low As
Term: 60 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Dependent; Transunion Credit Score: 750 plus
As Low As
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $20,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 5.19% to 17.59%. Loan amount $50,000 or more; boats, RVs and aircraft loans only
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.24%▲ from 4.99%
- Sep 17, 20264.99%first recorded
As Low As*
- Oct 8, 20265.25%▲ from 5.15%
- Sep 25, 20265.15%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As
- Sep 25, 20265.28%▲ from 5.03%
- Sep 17, 20265.03%first recorded
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: 2015 & Older; Rates include a 0.50% discount for automatic payment.
- Oct 13, 20265.29%▲ from 4.29%
- Sep 18, 20264.29%first recorded
Published APR range: 5.39% to 17.59%. Loan amount $75,000 or more; boats, RVs and aircraft loans only
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
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; Model Year: 2020 & Newer (Branded/Rebuilt Title); Not eligible for GAP coverage; unable to extend loan terms for Debt Protection or Mechanical Breakdown coverages; GoldStar Membership required, otherwise rate is 0.25% APR higher
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.49%▲ from 5.24%
- Sep 17, 20265.24%first recorded
As Low As
- Oct 8, 20265.50%▲ from 5.49%
- Sep 25, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Term: 60 months, up to 15,000 miles; Credit Score: 749-700
Term: 72 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Dependent; Transunion Credit Score: 700-749
Credit Score Dependent; Transunion Credit Score: 750 plus
Published APR range: 5.59% to 17.59%. Loan amount $100,000 or more; boats, RVs and aircraft loans only
As Low As*
Term: >$25,0000 for 84 months; As Low As
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $25,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Fixed
As Low As; Model Year: 2020 & Newer; GoldStar Membership required, otherwise rate is 0.25% APR higher; Loan terms can be extended up to 6 months for adding Debt Protection, GAP, or Mechanical Breakdown coverages
Model Year: 2022-2027; Special: 2022-2027 up to 72 months at 3.99%; 2019-2027 for 73-96 months at 5.90%
Term: 60 months, up to 15,000 miles; Credit Score: 699-650
Term: 72 months, up to 15,000 miles; Credit Score: 749-700
Credit Score Dependent; Transunion Credit Score: 650-699
As Low As
- 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; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20266.24%▲ from 5.99%
- Sep 17, 20265.99%first recorded
- Oct 8, 20266.25%▲ from 6.24%
- Sep 25, 20266.24%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Model Year: 2022-2027; Special: 2019-2027 for 73-96 months at 5.90%
Term: 72 months, up to 15,000 miles; Credit Score: 699-650
Credit Score Dependent; Transunion Credit Score: 700-749
Model Year: 2019-2021; Special: 2019-2021 up to 72 months at 4.50%; 2022-2027 up to 72 months at 3.99%
Credit Score Dependent; Transunion Credit Score: 620-649
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
Credit Score Dependent; Transunion Credit Score: 620-649
- Sep 25, 20268.00%▲ from 7.74%
- Sep 14, 20267.74%first recorded
APR range: 8.00% to 16.50%
APR range: 8.25% to 16.75%
As Low As; Fixed; PROMO; $30,000 and above
APR range: 8.50% to 16.75%
APR range: 8.75% to 16.75%
APR range: 9.00% to 16.75%
Term: 60 months, up to 15,000 miles; Credit Score: 649-600
Term: 72 months, up to 15,000 miles; Credit Score: 649-600
Term: 60 months, up to 15,000 miles; Credit Score: 599-500
Term: 72 months, up to 15,000 miles; Credit Score: 599-500
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
APR range: 3.95% - 15.25%; Rate Type: Fixed
APR range: 4.10% - 15.40%; Rate Type: Fixed
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
APR range: 4.25% - 15.55%; Rate Type: Fixed
APR range: 4.30% - 15.70%; Rate Type: Fixed
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; Fixed APR
Tier 1 credit; includes automatic payment discount from NGFCU checking or savings account
APR range: 4.60% - 15.90%; Rate Type: Fixed
Salt Lake City Used Auto Auto Loan Rates
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
Published APR range: 3.99% to 16.19%. Rates below are for motorcycle, boat, RV and aircraft loans only
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
APR range: 3.99% to 14.69%
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: Used 2026-2025; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 4.49% to 16.89%. Loan amount $20,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 61-72 months (greater than or equal to $20,000); APR range: 4.49% to 15.39%
As Low As*
As Low As
Model Year: Used 2026-2025; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As*
Model Year: Used 2026-2025; Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: Used 2026-2025; Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
As Low As; Fixed
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Published APR range: 4.99% to 17.59%. Loan amount $30,000 or more; boats, RVs, aircraft and motorcycle loans only
Term: 73-84 months (greater than or equal to $30,000); APR range: 4.99% to 16.09%
As Low As; Fixed
Credit Score Dependent; Transunion Credit Score: 750 plus
Model Year: Used 2026-2025; Minimum Loan Amount: $20,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Published APR range: 5.19% to 17.59%. Loan amount $50,000 or more; boats, RVs and aircraft loans only
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.24%▲ from 4.99%
- Sep 17, 20264.99%first recorded
As Low As*
- Oct 8, 20265.25%▲ from 5.15%
- Sep 25, 20265.15%▲ from 4.99%
- Sep 14, 20264.99%first recorded
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Model Year: 2016 & Newer; Rates include a 0.50% discount for automatic payment.
Model Year: 2015 & Older; Rates include a 0.50% discount for automatic payment.
- Oct 13, 20265.29%▲ from 4.29%
- Sep 18, 20264.29%first recorded
Published APR range: 5.39% to 17.59%. Loan amount $75,000 or more; boats, RVs and aircraft loans only
As Low As; Fixed
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20265.49%▲ from 5.24%
- Sep 17, 20265.24%first recorded
As Low As
As Low As
As Low As
- Oct 8, 20265.50%▲ from 5.49%
- Sep 25, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
Credit Score Dependent; Transunion Credit Score: 700-749
Published APR range: 5.59% to 17.59%. Loan amount $100,000 or more; boats, RVs and aircraft loans only
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
As Low As*
As Low As; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
Model Year: Used 2026-2025; Minimum Loan Amount: $25,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: 2022-2027; Special: 2022-2027 up to 72 months at 3.99%; 2019-2027 for 73-96 months at 5.90%
Credit Score Dependent; Transunion Credit Score: 650-699
As Low As; Fixed
As Low As; Vehicle Year: 2017-2027; Advertised APR includes a 0.50% loan rate discount for Dream Rewards Checking
- Oct 5, 20266.24%▲ from 5.99%
- Sep 17, 20265.99%first recorded
- Oct 8, 20266.25%▲ from 6.24%
- Sep 25, 20266.24%▲ from 5.99%
- Sep 14, 20265.99%first recorded
As Low As; Fixed
As Low As
- 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; Rates based on a FICO score 720 or above and subject to change; APR shown with 0.25% discount for automatic payment transfers and for having a checking account; Optional UPSEFCU GAP and Mechanical Repair Coverage Insurance; 120% Financing of Low Kelly Blue Book Value
As Low As; Vehicle Year: 2016 & Older; Advertised APR includes a 0.50% loan rate discount provided to those with a Dream Rewards Checking
- Oct 5, 20266.49%▲ from 6.24%
- Sep 17, 20266.24%first recorded
Model Year: 2022-2027; Special: 2019-2027 for 73-96 months at 5.90%
Credit Score Dependent; Transunion Credit Score: 620-649
As Low As; Vehicle Year: 2016 & Older; Advertised APR includes a 0.50% loan rate discount provided to those with a Dream Rewards Checking
- Oct 5, 20266.74%▲ from 6.49%
- Sep 17, 20266.49%first recorded
Term: >$25,0000 for 84 months; As Low As
Model Year: 2019-2021; Special: 2019-2021 up to 72 months at 4.50%; 2022-2027 up to 72 months at 3.99%
Credit Score Dependent; Transunion Credit Score: 750 plus
As Low As; Fixed
As Low As; Fixed
Credit Score Dependent; Transunion Credit Score: 700-749
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed; PROMO
As Low As; Fixed
As Low As; Fixed
As Low As
- Sep 25, 20268.00%▲ from 7.74%
- Sep 14, 20267.74%first recorded
Credit Score Dependent; Transunion Credit Score: 650-699
APR range: 8.00% to 16.50%
APR range: 8.25% to 16.75%
As Low As; Fixed; PROMO; $30,000 and above, less than 5 years old
APR range: 8.50% to 16.75%
APR range: 8.75% to 16.75%
Credit Score Dependent; Transunion Credit Score: 620-649
APR range: 9.00% to 16.75%
Credit Score Dependent; Transunion Credit Score: 750 plus
Credit Score Dependent; Transunion Credit Score: 650-699
As Low As; Fixed
Credit Score Dependent; Transunion Credit Score: 620-649
As Low As; Fixed
As Low As; Fixed; $20,000 and above, less than 10 years old
APR range: 3.95% - 15.25%; Rate Type: Fixed
APR range: 4.10% - 15.40%; Rate Type: Fixed
APR range: 4.25% - 15.55%; Rate Type: Fixed
APR range: 4.30% - 15.70%; Rate Type: Fixed
As Low As; Fixed APR
APR range: 4.60% - 15.90%; Rate Type: Fixed
Salt Lake City, UT Auto Loan Rate Trends
Compare local Salt Lake City, UT 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.
Utah new auto rates fell 0.090 points over the past 7 days to 5.273% APR.
Utah used auto rates fell 0.031 points over the past 7 days to 5.637% APR.
Salt Lake City, UT 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 Utah 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 Utah 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 @ 5.27% APR UT average | Used Auto @ 5.64% APR UT average | Monthly Difference |
|---|---|---|---|
| $15,000 | $284.95/mo | $287.47/mo | $2.52/mo |
| $25,000 | $474.91/mo | $479.11/mo | $4.20/mo |
| $35,000 | $664.88/mo | $670.76/mo | $5.88/mo |
| $45,000 | $854.84/mo | $862.40/mo | $7.56/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 Salt Lake City, Utah
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Salt Lake City, Utah 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 Utah. 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 Salt Lake City, Utah 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: Salt Lake City, Utah CD rates lock in a guaranteed return until you’re ready to buy
Utah Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau (state-level data shown; city data not available)
A $570 monthly car payment works out to roughly 15.6% of the median individual income in Utah. 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 Salt Lake City, Utah, 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 Salt Lake City, Utah. We’ve prefilled the APR with today’s UT 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 Salt Lake City, Utah 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 Salt Lake City, Utah 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 Salt Lake City, Utah. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in UT.
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 Salt Lake City, Utah
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 Salt Lake City, Utah
How does my credit score affect my car loan rate in Utah?
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 Salt Lake City, Utah?
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 Salt Lake City, Utah?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Salt Lake City, Utah?
- P&S Credit Union: 2.49% (New Truck & Auto Loans (2026 and Untitled 2025 Vehicles))
- Delta Community Credit Union: 3.99% (New and Used Other Vehicle Loans)
- Koin Credit Union: 4.25% (New Auto)
- Utah Power Credit Union: 4.29% (Auto Loan)
- Chartway Credit Union: 4.40% (New Auto Loan)
Salt Lake City, Utah Rates & Resources
