Phoenix, Arizona Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Phoenix, Arizona auto loan rates range from 3.34% to 15.50% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in Phoenix, Arizona include American Airlines Federal Credit UnionAmerican Airlines Federal Credit Union3800 E Sky Harbor Blvd Terminal 4, Phoenix, AZ, 85034A+5.0 ★Texas Ratio: 2.87%Rate verified Nov 7, 2026 offering New Auto at 3.34%, Southwest Airlines Federal Credit UnionSouthwest Airlines Federal Credit Union4645 E Cotton Center Blvd Ste 115, Phoenix, AZ, 85040A+5.0 ★Texas Ratio: 3.25%Rate verified Nov 9, 2026 offering New Auto Loan at 3.94%, Florida West Coast Credit UnionFlorida West Coast Credit Union4801 E THISTLE LANDING DR, PHOENIX, AZ, 85044A+5.0 ★Texas Ratio: 1.02%Rate verified Nov 9, 2026 offering New Automobile (2025 & newer) at 3.99%, Navy Federal Credit UnionNavy Federal Credit Union1928 E Highland Ave, Phoenix, AZ, 85016 4626A5.0 ★Texas Ratio: 8.14%Rate verified Nov 5, 2026 offering MissionAssistTM Auto - New Auto Loan at 4.19%, San Diego Firefighters Federal Credit UnionSan Diego Firefighters Federal Credit Union4801 E Thistle Landing Dr, Phoenix, AZ, 85044 6459A+5.0 ★Texas Ratio: 1.33%Rate verified Nov 7, 2026 offering Auto Loan - Model Years 2021 and Newer at 4.19%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
Phoenix has 25 local institutions in our database, with auto loan rates as low as 3.34% APR from American Airlines Federal Credit Union at 3800 E Sky Harbor Blvd Terminal 4, Phoenix, AZ, 85034. 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 Phoenix, Arizona. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in Phoenix, Arizona & Surrounding Area
Phoenix Auto Loan Rates
As Low As
As Low As
APR range: 3.94% - 14.00%; Limits: 100% Financing; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Effective Date: Monday, October 19th, 2026
As Low As
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Refinance; New vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles
- Oct 20, 20264.19%▲ from 3.89%
- Sep 30, 20263.89%first recorded
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Model Years 2021 and Newer; UP TO 120%
As Low As; Model Years 2021 and Newer; UP TO 120%
Model Years 2016-2020; APR* As Low As; up to 110% LTV
Model Years 2016-2020; APR* As Low As; up to 110% LTV
APR range: 4.19% - 15.00%; Loan rates and terms are based on the credit worthiness of the borrower
APR range: 4.19% - 14.25%; Limits: 100% Financing; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Model Years 2021 and Newer; UP TO 120%
Model Years 2016-2020; APR* As Low As; up to 110% LTV
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
- Oct 31, 20264.44%▲ from 4.09%
- Sep 30, 20264.09%first recorded
APR range: 4.44% - 15.20%; Loan rates and terms are based on the credit worthiness of the borrower
APR range: 4.44% - 15.25%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Model Years 2021 and Newer; UP TO 120%
Model Years 2016-2020; APR* As Low As; up to 110% LTV
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As
APR range: 4.69% - 15.65%; Loan rates and terms are based on the credit worthiness of the borrower
APR range: 4.69% - 15.45%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Rates as of October 29, 2026
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Model Years 2021 and Newer; UP TO 120%; Minimum loan amount $12,000
Model Years 2016-2020; APR* As Low As; up to 110% LTV
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20264.94%▲ from 3.94%
- Oct 22, 20263.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20264.94%▲ from 3.94%
- Oct 23, 20263.94%first recorded
APR range: 4.94% - 15.90%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.99%▼ from 6.99%
- Sep 14, 20266.99%first recorded
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
As Low As; Model Years 2021 and Newer; UP TO 120%; Minimum loan amount $30,000 for 79-84-month term
As Low As; APR range: 4.99% - 17.65%
As Low As; Model Year: 2021 - New; Term in Months: 0-60
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates apply to vehicle models more than 7 years old if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.19%▲ from 4.44%
- Oct 22, 20264.44%first recorded
As Low As; Rates as of October 29, 2026
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.24%▲ from 4.34%
- Sep 25, 20264.34%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.24%▲ from 4.34%
- Oct 22, 20264.34%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; Model Year: 2021 - New; Term in Months: 61-72
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.44%▲ from 4.74%
- Sep 25, 20264.74%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.44%▲ from 4.74%
- Oct 22, 20264.74%first recorded
As Low As; Rates apply to vehicle models more than 7 years old if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.49%▲ from 4.94%
- Oct 22, 20264.94%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; APR range: 5.49% - 19.15%
Published APR range: 5.49% - 23.00%. Vehicles up to 20 years old; Fixed; based on amount financed, term, credit qualifications and performance
- Oct 14, 20265.49%▲ from 5.24%
- Sep 14, 20265.24%first recorded
As Low As; APR range: 5.50% - 18.15%
As Low As; Model Year: 2022 and newer
As Low As; Fixed APR; Minimum Loan Amount: $2,500; Effective October 1, 2026; Rate discounts of up to 0.50% available with car buying or insurance services
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Fixed-rate new car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Maximum Loan Term: 48 months
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Fixed APR; Minimum Loan Amount: $2,500; Effective October 1, 2026; Rate discounts of up to 0.50% available with car buying or insurance services
As Low As; Model Year: 2022 and newer
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.74%▲ from 5.44%
- Sep 25, 20265.44%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.74%▲ from 5.44%
- Oct 22, 20265.44%first recorded
As Low As; APR*
As Low As; Rates as of October 29, 2026
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; Fixed-rate used car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Maximum Loan Term: 63 months
As Low As; APR*
As Low As; Model Year: 2023 & Newer; Rates as of 7/31/2026
As Low As; Model Year: 2021 - New; 73-84 months available on loans greater than $25K
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
As Low As; APR range: 6.00% - 20.15%
As Low As; APR range: 6.00% - 19.65%
Financing amount: $45,000; For online applicants with an excellent credit history
- Oct 31, 20266.09%▲ from 6.04%
- Oct 26, 20266.04%▼ from 6.24%
- Oct 14, 20266.24%first recorded
Financing amount: $30,000; For online applicants with an excellent credit history
- Oct 26, 20266.09%▼ from 6.29%
- Oct 14, 20266.29%first recorded
APR based on 60 months and $45,000 financing; for online applicants with excellent credit; new car purchase
- Oct 31, 20266.09%▼ from 6.24%
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
APR based on 60 months and $30,000 financing; for online applicants with excellent credit; used car purchase
- Oct 31, 20266.09%▼ from 6.29%
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
As Low As; New + used (model years 2025 + newer)
As Low As; New + used (model years 2025 + newer)
As Low As; New + used (model years 2025 + newer)
As Low As; Fixed APR; Minimum Loan Amount: $20,000; Effective October 1, 2026; Rate discounts of up to 0.50% available with car buying or insurance services
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20266.24%▲ from 5.94%
- Sep 25, 20265.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20266.24%▲ from 5.94%
- Oct 22, 20265.94%first recorded
As Low As; Model Year: 2023 & Newer; Rates as of 7/31/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR range: 6.25% - 13.85%
- Oct 26, 20266.25%▲ from 6.00%
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Effective: October 19, 2026
- Oct 14, 20266.29%▼ from 6.34%
- Sep 15, 20266.34%first recorded
Model Year: 2016 - 2026
- Oct 14, 20266.29%▼ from 6.34%
- Sep 18, 20266.34%first recorded
As Low As; Effective: October 19, 2026
- Oct 14, 20266.34%▼ from 6.39%
- Sep 15, 20266.39%first recorded
Model Year: 2018 - 2026
- Oct 14, 20266.34%▼ from 6.39%
- Sep 18, 20266.39%first recorded
As Low As; Model Year: 2022 and newer
As Low As; Used (model years 2024 + older)
As Low As; Used (model years 2024 + older)
As Low As; Used (model years 2024 + older)
As Low As; Effective: October 19, 2026
- Oct 14, 20266.39%▼ from 6.44%
- Sep 15, 20266.44%first recorded
Model Year: 2022 - 2026
- Oct 14, 20266.39%▼ from 6.44%
- Sep 18, 20266.44%first recorded
As Low As; Effective: October 19, 2026
- Oct 14, 20266.49%▼ from 6.54%
- Sep 15, 20266.54%first recorded
Model Year: 2023 - 2026
- Oct 14, 20266.49%▼ from 6.54%
- Sep 18, 20266.54%first recorded
As Low As; Model Year: 2020-2022; Rates as of 7/31/2026
APR range: 6.49% - 14.10%
- Oct 26, 20266.49%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
As Low As; Maximum Loan Term: 75 months
As Low As; New + used (model years 2025 + newer)
As Low As; Model Year: 2023 & Newer; Rates as of 7/31/2026
APR range: 6.74% - 12.73%
- Oct 26, 20266.74%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
APR range: 6.750%-16.000%; ATV, Snowmachine, & Motorcycle Loan Rates; rate depends on borrower credit qualifications, mileage and age of collateral
Credit Score: 725+; No salvage titles. Under 10,000 miles.
- Nov 7, 20266.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; Model Year: 2022 and newer
As Low As; Used (model years 2024 + older)
As Low As; Maximum Loan Term: 84 months
As Low As; Model Year: 2020-2022; Rates as of 7/31/2026
As Low As; Model Year: 2016-2020; Term in Months: 0-60
APR range: 7.000%-16.250%; ATV, Snowmachine, & Motorcycle Loan Rates; rate depends on borrower credit qualifications, mileage and age of collateral
Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 725+; No salvage titles. Under 10,000 miles.
As Low As; APR range: 7.00% - 20.65%
As Low As; Rates apply to 2015 or newer models if conditions are met.
Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; New + used (model years 2025 + newer)
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates as of Nov 05, 2026 ET
As Low As; Rates as of Nov 05, 2026 ET
APR range: 7.500%-16.750%; ATV, Snowmachine, & Motorcycle Loan Rates; rate depends on borrower credit qualifications, mileage and age of collateral
As Low As; Used (model years 2024 + older)
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
As Low As; Model Year: 2016-2020; Term in Months: 61-72
Loan amount greater than $30,000; Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
As Low As; Model Year: 2020-2022; Rates as of 7/31/2026
As Low As; Model Year: 2019 and Older; Rates as of 7/31/2026
Credit Score 725+; No salvage titles; Under 115,000 miles
Loan amount greater than $30,000; Credit Score: 725+; No salvage titles. Under 10,000 miles.
Credit Score: 680-724; No salvage titles. Under 10,000 miles.
- Nov 7, 20268.25%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; Model Year: 2016-2020; 73-84 months available on loans greater than $25K
Credit Score 725+; No salvage titles; Under 115,000 miles
Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 680-724; No salvage titles. Under 10,000 miles.
Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 725+; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Loan amount greater than $30,000; Credit Score: 680-724; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 680-724; No salvage titles; Under 115,000 miles
Credit Score: 640-679; No salvage titles. Under 10,000 miles.
- Nov 7, 20269.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $30,000 minimum amount financed
Credit Score 680-724; No salvage titles; Under 115,000 miles
Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 640-679; No salvage titles. Under 10,000 miles.
Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 680-724; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Loan amount greater than $30,000; Credit Score: 640-679; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 640-679; No salvage titles; Under 115,000 miles
Credit Score 640-679; No salvage titles; Under 115,000 miles
Credit Score: 600-639; No salvage titles. Under 10,000 miles.
- Nov 7, 202611.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score 640-679; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 600-639; No salvage titles. Under 10,000 miles.
Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Loan amount greater than $30,000; Credit Score: 600-639; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 560-599; No salvage titles. Under 10,000 miles.
- Nov 7, 202612.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 560-599; No salvage titles. Under 10,000 miles.
Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 600-639; No salvage titles; Under 115,000 miles
Loan amount greater than $30,000; Credit Score: 560-599; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
- Nov 7, 202613.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score 600-639; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Credit Score 559 & under; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
Credit Score 559 & under; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 560-599; No salvage titles; Under 115,000 miles
Loan amount greater than $30,000; Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
Credit Score 559 & under; No salvage titles; Under 115,000 miles
Credit Score 559 & under; No salvage titles; Under 115,000 miles
Phoenix New Auto Auto Loan Rates
As Low As
APR range: 3.94% - 14.00%; Limits: 100% Financing; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Effective Date: Monday, October 19th, 2026
As Low As
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Refinance; New vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles
- Oct 20, 20264.19%▲ from 3.89%
- Sep 30, 20263.89%first recorded
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Model Years 2021 and Newer; UP TO 120%
As Low As; Model Years 2021 and Newer; UP TO 120%
APR range: 4.19% - 15.00%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Model Years 2021 and Newer; UP TO 120%
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
- Oct 31, 20264.44%▲ from 4.09%
- Sep 30, 20264.09%first recorded
APR range: 4.44% - 15.20%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Model Years 2021 and Newer; UP TO 120%
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
APR range: 4.69% - 15.65%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Model Years 2021 and Newer; UP TO 120%; Minimum loan amount $12,000
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20264.94%▲ from 3.94%
- Oct 22, 20263.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20264.94%▲ from 3.94%
- Oct 23, 20263.94%first recorded
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
APR Type: Fixed; Effective Date: 10/23/2026
As Low As; Model Years 2021 and Newer; UP TO 120%; Minimum loan amount $30,000 for 79-84-month term
As Low As; APR range: 4.99% - 17.65%
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.24%▲ from 4.34%
- Sep 25, 20264.34%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.24%▲ from 4.34%
- Oct 22, 20264.34%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.44%▲ from 4.74%
- Sep 25, 20264.74%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.44%▲ from 4.74%
- Oct 22, 20264.74%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; APR range: 5.50% - 18.15%
As Low As; Model Year: 2022 and newer
As Low As; Fixed-rate new car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Model Year: 2022 and newer
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.74%▲ from 5.44%
- Sep 25, 20265.44%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.74%▲ from 5.44%
- Oct 22, 20265.44%first recorded
As Low As; APR*
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; APR*
As Low As; APR range: 6.00% - 20.15%
Financing amount: $45,000; For online applicants with an excellent credit history
- Oct 31, 20266.09%▲ from 6.04%
- Oct 26, 20266.04%▼ from 6.24%
- Oct 14, 20266.24%first recorded
APR based on 60 months and $45,000 financing; for online applicants with excellent credit; new car purchase
- Oct 31, 20266.09%▼ from 6.24%
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20266.24%▲ from 5.94%
- Sep 25, 20265.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20266.24%▲ from 5.94%
- Oct 22, 20265.94%first recorded
APR range: 6.25% - 13.85%
- Oct 26, 20266.25%▲ from 6.00%
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Effective: October 19, 2026
- Oct 14, 20266.29%▼ from 6.34%
- Sep 15, 20266.34%first recorded
As Low As; Effective: October 19, 2026
- Oct 14, 20266.34%▼ from 6.39%
- Sep 15, 20266.39%first recorded
As Low As; Model Year: 2022 and newer
As Low As; Effective: October 19, 2026
- Oct 14, 20266.39%▼ from 6.44%
- Sep 15, 20266.44%first recorded
As Low As; Effective: October 19, 2026
- Oct 14, 20266.49%▼ from 6.54%
- Sep 15, 20266.54%first recorded
APR range: 6.49% - 14.10%
- Oct 26, 20266.49%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
APR range: 6.74% - 12.73%
- Oct 26, 20266.74%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
Credit Score: 725+; No salvage titles. Under 10,000 miles.
- Nov 7, 20266.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; Model Year: 2022 and newer
Credit Score: 725+; No salvage titles. Under 10,000 miles.
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
Loan amount greater than $30,000; Credit Score: 725+; No salvage titles. Under 10,000 miles.
Credit Score: 680-724; No salvage titles. Under 10,000 miles.
- Nov 7, 20268.25%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score: 680-724; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score: 680-724; No salvage titles. Under 10,000 miles.
Credit Score: 640-679; No salvage titles. Under 10,000 miles.
- Nov 7, 20269.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score: 640-679; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score: 640-679; No salvage titles. Under 10,000 miles.
Credit Score: 600-639; No salvage titles. Under 10,000 miles.
- Nov 7, 202611.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score: 600-639; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score: 600-639; No salvage titles. Under 10,000 miles.
Credit Score: 560-599; No salvage titles. Under 10,000 miles.
- Nov 7, 202612.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score: 560-599; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score: 560-599; No salvage titles. Under 10,000 miles.
Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
- Nov 7, 202613.75%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
Loan amount greater than $30,000; Credit Score: 559 & Under; No salvage titles. Under 10,000 miles.
Phoenix Used Auto Auto Loan Rates
As Low As
APR range: 4.19% - 14.25%; Limits: 100% Financing; Loan rates and terms are based on the credit worthiness of the borrower
APR range: 4.44% - 15.25%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Effective Date: Monday, October 19th, 2026
As Low As
APR range: 4.69% - 15.45%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20264.94%▲ from 3.94%
- Oct 22, 20263.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20264.94%▲ from 3.94%
- Oct 23, 20263.94%first recorded
APR range: 4.94% - 15.90%; Loan rates and terms are based on the credit worthiness of the borrower
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.99%▼ from 6.99%
- Sep 14, 20266.99%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates apply to vehicle models more than 7 years old if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.19%▲ from 4.44%
- Oct 22, 20264.44%first recorded
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.24%▲ from 4.34%
- Sep 25, 20264.34%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.24%▲ from 4.34%
- Oct 22, 20264.34%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.44%▲ from 4.74%
- Sep 25, 20264.74%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.44%▲ from 4.74%
- Oct 22, 20264.74%first recorded
As Low As; Rates apply to vehicle models more than 7 years old if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.49%▲ from 4.94%
- Oct 22, 20264.94%first recorded
Includes cars, pickup trucks, SUVs, etc.; New & used
As Low As; APR range: 5.49% - 19.15%
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Maximum Loan Term: 48 months
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20265.74%▲ from 5.44%
- Sep 25, 20265.44%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20265.74%▲ from 5.44%
- Oct 22, 20265.44%first recorded
As Low As; APR*
As Low As; Fixed-rate used car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Maximum Loan Term: 63 months
As Low As; APR*
As Low As; APR range: 6.00% - 19.65%
Financing amount: $30,000; For online applicants with an excellent credit history
- Oct 26, 20266.09%▼ from 6.29%
- Oct 14, 20266.29%first recorded
APR based on 60 months and $30,000 financing; for online applicants with excellent credit; used car purchase
- Oct 31, 20266.09%▼ from 6.29%
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
As Low As; Rates apply to 2019 or newer models if conditions are met; Last Updated: October 27, 2026
- Nov 7, 20266.24%▲ from 5.94%
- Sep 25, 20265.94%first recorded
As Low As; New vehicle; Rates apply to 2018 or newer models if conditions are met; Last Updated: October 27, 2026
- Oct 28, 20266.24%▲ from 5.94%
- Oct 22, 20265.94%first recorded
APR range: 6.25% - 13.85%
- Oct 26, 20266.25%▲ from 6.00%
- Sep 29, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
Model Year: 2016 - 2026
- Oct 14, 20266.29%▼ from 6.34%
- Sep 18, 20266.34%first recorded
Model Year: 2018 - 2026
- Oct 14, 20266.34%▼ from 6.39%
- Sep 18, 20266.39%first recorded
Model Year: 2022 - 2026
- Oct 14, 20266.39%▼ from 6.44%
- Sep 18, 20266.44%first recorded
Model Year: 2023 - 2026
- Oct 14, 20266.49%▼ from 6.54%
- Sep 18, 20266.54%first recorded
APR range: 6.49% - 14.10%
- Oct 26, 20266.49%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
As Low As; Maximum Loan Term: 75 months
APR range: 6.74% - 12.73%
- Oct 26, 20266.74%▲ from 6.24%
- Sep 29, 20266.24%▲ from 5.99%
- Sep 18, 20265.99%first recorded
As Low As; Maximum Loan Term: 84 months
Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
As Low As; APR range: 7.00% - 20.65%
Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
Loan amount greater than $30,000; Credit Score 725+; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 725+; No salvage titles; Under 115,000 miles
Credit Score 725+; No salvage titles; Under 115,000 miles
Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 725+; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Loan amount greater than $30,000; Credit Score 680-724; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 680-724; No salvage titles; Under 115,000 miles
Credit Score 680-724; No salvage titles; Under 115,000 miles
Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 680-724; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Loan amount greater than $30,000; Credit Score 640-679; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 640-679; No salvage titles; Under 115,000 miles
Credit Score 640-679; No salvage titles; Under 115,000 miles
Credit Score 640-679; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Loan amount greater than $30,000; Credit Score 600-639; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 600-639; No salvage titles; Under 115,000 miles
Loan amount greater than $30,000; Credit Score 560-599; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 600-639; No salvage titles; Under 115,000 miles; Loan amount greater than $30,000
Credit Score 559 & under; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 559 & under; No salvage titles. Under 100,000 miles.; Effective Date: 11/04/2026
Credit Score 560-599; No salvage titles; Under 115,000 miles
Credit Score 559 & under; No salvage titles; Under 115,000 miles
Credit Score 559 & under; No salvage titles; Under 115,000 miles
Phoenix, AZ Auto Loan Rate Trends
Compare local Phoenix, AZ 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.
Arizona new auto rates rose 0.025 points over the past 7 days to 5.323% APR.
Arizona used auto rates rose 0.003 points over the past 7 days to 5.798% APR.
Phoenix, AZ 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 Arizona 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 Arizona 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 @ 5.32% APR AZ average | Used Auto @ 5.80% APR AZ average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.29/mo | $288.58/mo | $3.29/mo |
| $25,000 | $475.49/mo | $480.97/mo | $5.49/mo |
| $35,000 | $665.68/mo | $673.36/mo | $7.68/mo |
| $45,000 | $855.87/mo | $865.75/mo | $9.88/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 Phoenix, Arizona
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Phoenix, Arizona 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 Arizona. 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 Phoenix, Arizona 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: Phoenix, Arizona CD rates lock in a guaranteed return until you’re ready to buy
Phoenix, Arizona Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $571 monthly car payment works out to roughly 15.7% of the median individual income in Phoenix, Arizona. 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 Phoenix, Arizona, 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 Phoenix, Arizona. We’ve prefilled the APR with today’s AZ 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 Phoenix, Arizona 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 Phoenix, Arizona 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 Phoenix, Arizona. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in AZ.
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 Phoenix, Arizona
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 Phoenix, Arizona
What are auto loan rates in Phoenix, Arizona today?
How does my credit score affect my car loan rate in Phoenix, Arizona?
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 Phoenix, Arizona?
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 Phoenix, Arizona?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Phoenix, Arizona?
- American Airlines Federal Credit Union: 3.34% (New Auto)
- Southwest Airlines Federal Credit Union: 3.94% (New Auto Loan)
- Florida West Coast Credit Union: 3.99% (New Automobile (2025 & newer))
- Navy Federal Credit Union: 4.19% (MissionAssistTM Auto - New Auto Loan)
- San Diego Firefighters Federal Credit Union: 4.19% (Auto Loan - Model Years 2021 and Newer)
Phoenix, Arizona Rates & Resources
