Cape Coral, Florida Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Cape Coral, Florida auto loan rates range from 3.24% to 7.39% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in Cape Coral, Florida include Suncoast Credit UnionSuncoast Credit Union1730 Cape Coral Pkwy W, Cape Coral, FL, 33914A5.0 ★Texas Ratio: 6.26%Rate verified Nov 9, 2026 offering Auto Loans at 5.09%, Bank of AmericaBank of America926 Cape Coral Pkwy E, Cape Coral, FL, 33904A+5.0 ★Texas Ratio: 4.14%Rate verified Nov 5, 2026 offering New Car (dealer) Auto Loan at 5.64%, Midflorida Credit UnionMidflorida Credit Union804 Cape Coral Pkwy E, Cape Coral, FL, 33904A+5.0 ★Texas Ratio: 3.18%Rate verified Nov 9, 2026 offering Auto Loan - 2025 and Newer Autos at 5.89%, Chase BankChase Bank1624 Cape Coral Pkwy W, Cape Coral, FL, 33914A+5.0 ★Texas Ratio: 3.68%Rate verified Nov 5, 2026 offering Auto Loan - New car purchase at 6.09%, Tyndall Federal Credit UnionTyndall Federal Credit UnionA+5.0 ★Texas Ratio: 0.96%Rate verified Nov 7, 2026 offering New Auto/Truck at 3.24%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
Cape Coral has 4 local institutions in our database, with auto loan rates as low as 5.09% APR from Suncoast Credit Union at 1730 Cape Coral Pkwy W, Cape Coral, FL, 33914. 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 Cape Coral, Florida. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in Cape Coral, Florida & Surrounding Area
Cape Coral Auto Loan Rates
As Low As; Best for new or used autos. Special rate for EV and Hybrid cars/trucks. No application fee. No prepayment penalty.
- Oct 10, 20265.09%▲ from 4.75%
- Sep 14, 20264.75%first recorded
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; 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; Model Year: 2025 and Newer
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; Model Year: 2024
As Low As; Model Year: 2023
As Low As; Model Year: 2022 and 2021
As Low As; Up to one model year old; Effective as of Nov 1, 2026
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
As Low As; Model/Year: 2019-2026; 10% down payment; includes 0.25% auto payroll deduction discount
As Low As; Finance up to 125% MSRP (new vehicles) or NADA (used vehicles); No prepayment penalties; Pre-approved loans
Up to 100% financing
As Low As
APR range 3.35% - 18.00%
APR range 3.49% - 17.99%
As Low As; Fixed rate loan
As Low As; Model/Year: 2019-2026; Down Payment: 0%
As Low As; Rate listed is for a 36-month term. For longer term rates contact Credit Union.
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20263.59%▼ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Fixed rate loan
As Low As; Model/Year: 2020-2026; 10% down payment; includes 0.25% auto payroll deduction discount
As Low As; with Relationship Rewards
As Low As; Special terms up to 36 months; rate range 3.79% - 17.99%; prior rate 3.99% shown struck through
As Low As
As Low As; Model Year: 2025 & Newer; Auto Loans
- Oct 14, 20263.84%▲ from 3.64%
- Sep 22, 20263.64%first recorded
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Sep 18, 20263.84%▼ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
Purchase transaction only. Other conditions may apply.
Purchase transactions only. Other conditions may apply.
$20,000.00 Minimum; APR range 3.95% - 18.00%
As Low As; Rates effective as of October 1, 2026; Rates are based on creditworthiness
As Low As; Payment Description: based on credit score; APR Type: Fixed
As Low As; based on credit score; APR Type: Fixed
APR range 3.99% - 17.99%
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; APR range 3.99% - 18.00%; Autos up to 10 years old
As Low As; Model Year: New Auto 2025 & Newer
As Low As; Model/Year: 2020-2026; Down Payment: 0%
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20263.99%▼ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Rate listed is for a 36-month term. For longer term rates contact Credit Union.
Up to 100% financing
As Low As; Starting APR
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.09%▼ from 4.84%
- Sep 14, 20264.84%first recorded
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.14%▼ from 4.64%
- Sep 17, 20264.64%first recorded
As Low As; Model Year: New Auto 2025 & Newer
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; Min. Loan Amount $5,000.00; As low as rate includes applicable discounts of Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%)
- Sep 29, 20264.24%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%); 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
APR range: 4.24% - 17.97%; Rate based on creditworthiness
APR range: 4.24% - 17.97%; Rate based on creditworthiness
APR range: 4.24% - 17.97%; Rate based on creditworthiness
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.24%▼ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; APR = Annual Percentage Rate
Up to 100% financing
Range: 4.25% - 15.50%; Ask about our Protection Plans!
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.29%▼ from 4.79%
- Sep 17, 20264.79%first recorded
As Low As; Model Year: 2025 & Newer; Auto Loans
- Oct 14, 20264.34%▲ from 4.14%
- Sep 22, 20264.14%first recorded
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.39%▼ from 4.89%
- Sep 17, 20264.89%first recorded
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.39%▼ from 4.89%
- Sep 17, 20264.89%first recorded
As Low As; Model Year: New Auto 2025 & Newer
As Low As; New vehicles
As Low As; Rates Effective October 1, 2025
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
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
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Sep 18, 20264.44%▼ from 5.34%
- Sep 14, 20265.34%first recorded
As Low As; Borrow up to $100,000
As Low As; Models 2025 or newer (under 10,000 miles)
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; New Autos are model years 2024 through 2026 with fewer than 36,000 miles; floor rate 4.49% APR; includes -0.50% APR for automatic payment transfer; up to 90 days no payments
Credit Score: 720+
Credit Score: 720+
As Low As; Rate APR* New; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.49%▲ from 3.59%
- Sep 14, 20263.59%first recorded
As Low As; Rate APR* Used; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.49%▲ from 3.99%
- Sep 14, 20263.99%first recorded
APR range: 4.49% to 16.99%; Effective Date: 10/6/2025
APR range: 4.49% to 16.99%; Effective Date: 10/6/2025
As Low As; APR = Annual Percentage Rate
Up to 100% financing
Up to 100% financing
Range: 4.50% - 16.25%; Ask about our Protection Plans!
APR range: 4.50% - 15.75%; Ask about our Protection Plans!
As Low As; Starting APR
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
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
Fixed APR as low as; Model Year 2025 and newer
As Low As; APR* (As Low As)
As Low As
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.59%▼ from 5.09%
- Sep 18, 20265.09%first recorded
As Low As; Financing for non-commercial vehicles only
As Low As; Loan Amount: $2,500+
As Low As; Loan Amount: $2,500+
As Low As; well-qualified borrower; floor rate 4.69%
As Low As; well-qualified borrower; floor rate 4.69%
As Low As; Up to 100% financing (Current Year or Previous with Less Than 15k Miles); Minimum loan amt of $30K
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.69%▼ from 5.09%
- Sep 22, 20265.09%▲ from 4.69%
- Sep 18, 20264.69%▼ from 5.59%
- Sep 14, 20265.59%first recorded
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
APR Range: 4.73% - 11.99%; Est. Payment/$1,000 Borrowed: $29.85 - $33.21; Rates as of 11/4/2026
- Nov 5, 20264.73%▼ from 4.99%
- Oct 10, 20264.99%▲ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; Models 2025 or newer (under 10,000 miles)
As Low As; Models between 2019 - 2026 (between 10,001 and 100,000 miles)
Rate comparison card; rates based on Partners' best fixed rates on approved credit
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Rates as low as; APR based on creditworthiness, loan amount, model year, and term
As Low As; Rates as low as; APR based on creditworthiness, loan amount, model year, and term
As Low As; Daily Periodic Rate: 0.01299%; New & used
As Low As; Daily Periodic Rate: 0.01299%; New & used
As Low As; Daily Periodic Rate: 0.01299%; New & used
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
APR range: 4.74% - 17.97%; Rate based on creditworthiness
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
As Low As; New Autos are model years 2024 through 2026 with fewer than 36,000 miles; floor rate 4.49% APR; includes -0.50% APR for automatic payment transfer; up to 90 days no payments
Credit Score: 720+; Cooperative Discount
New and Used Auto Loans; Rates vary based on credit and loan term
As Low As; Rate APR* New; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.74%▲ from 3.84%
- Sep 14, 20263.84%first recorded
As Low As; Rate APR* Used; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.74%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; APR = Annual Percentage Rate
As Low As; Borrow up to $100,000
Up to 100% financing
Up to 100% financing
APR range: 4.75% - 16.50%; Ask about our Protection Plans!
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
As Low As; Model/Year: 2021-2026; 10% down payment; includes 0.25% auto payroll deduction discount
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As; New autos are based on the current model year and previous calendar year with less than or equal to 30,000 miles. Maximum mileage is 100,000 for used autos; used autos are eight (8) years old or newer.
Fixed APR as low as; Model Year 2025 and newer
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
Fixed APR as low as; Model Year 2025 and newer
As Low As; Model Year: 2023 - 2024 (call for rates on model years 2022 or older); Auto Loans
- Oct 14, 20264.84%▲ from 4.64%
- Sep 22, 20264.64%first recorded
New Car; Last updated 11/01/2026
- Nov 5, 20264.84%▲ from 4.59%
- Oct 19, 20264.59%▲ from 4.39%
- Sep 14, 20264.39%first recorded
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.84%▼ from 5.34%
- Sep 14, 20265.34%first recorded
As Low As; Loan amount over $15,000; Financing for non-commercial vehicles only
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
As Low As; Model Year: New Auto 2025 & Newer
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; Loan Amount: $2,500+
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.89%▼ from 5.39%
- Sep 17, 20265.39%first recorded
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.89%▼ from 5.39%
- Sep 17, 20265.39%first recorded
As Low As; Used vehicles
$30,000.00 Minimum; APR range 4.95% - 18.00%
As Low As; Annual Percentage Rate* (As Low As)
As Low As; Rates effective as of October 1, 2026; Rates are based on creditworthiness
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
As Low As; Models between 2019 - 2026 (between 10,001 and 100,000 miles)
As Low As; Used APR* As Low As column
As Low As
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Min. Loan Amount $5,000.00; As low as rate includes applicable discounts of Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%)
- Sep 29, 20264.99%▲ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%); 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Amount Financed: 100%; Direct deposit, auto pay, credit worthiness and other applicable credit union requirements apply
As Low As; Daily Periodic Rate: 0.01367%; $18,000 minimum loan; New & used
As Low As; Daily Periodic Rate: 0.01367%; $18,000 minimum
Auto loan; APR*
- Oct 5, 20264.99%▲ from 4.64%
- Sep 14, 20264.64%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
Cape Coral New Auto Auto Loan Rates
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: 2025 and Newer
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; Up to one model year old; Effective as of Nov 1, 2026
Up to 100% financing
As Low As
APR range 3.35% - 18.00%
APR range 3.49% - 17.99%
As Low As; Fixed rate loan
As Low As; Rate listed is for a 36-month term. For longer term rates contact Credit Union.
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20263.59%▼ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Special terms up to 36 months; rate range 3.79% - 17.99%; prior rate 3.99% shown struck through
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Sep 18, 20263.84%▼ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
Purchase transaction only. Other conditions may apply.
$20,000.00 Minimum; APR range 3.95% - 18.00%
As Low As; Payment Description: based on credit score; APR Type: Fixed
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; APR range 3.99% - 18.00%; Autos up to 10 years old
As Low As; Model Year: New Auto 2025 & Newer
Up to 100% financing
As Low As; Starting APR
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
As Low As
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.09%▼ from 4.84%
- Sep 14, 20264.84%first recorded
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.14%▼ from 4.64%
- Sep 17, 20264.64%first recorded
As Low As; Model Year: New Auto 2025 & Newer
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
APR range: 4.24% - 17.97%; Rate based on creditworthiness
APR range: 4.24% - 17.97%; Rate based on creditworthiness
APR range: 4.24% - 17.97%; Rate based on creditworthiness
As Low As; APR = Annual Percentage Rate
Up to 100% financing
Range: 4.25% - 15.50%; Ask about our Protection Plans!
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.39%▼ from 4.89%
- Sep 17, 20264.89%first recorded
As Low As; Model Year: New Auto 2025 & Newer
As Low As; New vehicles
As Low As; Rates Effective October 1, 2025
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
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
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Sep 18, 20264.44%▼ from 5.34%
- Sep 14, 20265.34%first recorded
As Low As; Models 2025 or newer (under 10,000 miles)
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; New Autos are model years 2024 through 2026 with fewer than 36,000 miles; floor rate 4.49% APR; includes -0.50% APR for automatic payment transfer; up to 90 days no payments
Credit Score: 720+
Credit Score: 720+
As Low As; Rate APR* New; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.49%▲ from 3.59%
- Sep 14, 20263.59%first recorded
APR range: 4.49% to 16.99%; Effective Date: 10/6/2025
As Low As; APR = Annual Percentage Rate
Up to 100% financing
Range: 4.50% - 16.25%; Ask about our Protection Plans!
As Low As; Starting APR
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
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
Fixed APR as low as; Model Year 2025 and newer
As Low As; APR* (As Low As)
As Low As; Financing for non-commercial vehicles only
As Low As; Loan Amount: $2,500+
As Low As; well-qualified borrower; floor rate 4.69%
As Low As; Up to 100% financing (Current Year or Previous with Less Than 15k Miles); Minimum loan amt of $30K
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.69%▼ from 5.09%
- Sep 22, 20265.09%▲ from 4.69%
- Sep 18, 20264.69%▼ from 5.59%
- Sep 14, 20265.59%first recorded
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Models 2025 or newer (under 10,000 miles)
Rate comparison card; rates based on Partners' best fixed rates on approved credit
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Rates as low as; APR based on creditworthiness, loan amount, model year, and term
As Low As; Rates as low as; APR based on creditworthiness, loan amount, model year, and term
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
APR range: 4.74% - 17.97%; Rate based on creditworthiness
As Low As; New Autos are model years 2024 through 2026 with fewer than 36,000 miles; floor rate 4.49% APR; includes -0.50% APR for automatic payment transfer; up to 90 days no payments
New and Used Auto Loans; Rates vary based on credit and loan term
As Low As; Rate APR* New; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.74%▲ from 3.84%
- Sep 14, 20263.84%first recorded
As Low As; APR = Annual Percentage Rate
Up to 100% financing
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
Rate Type: Fixed
Rate Type: Fixed; Auto Loan Rates - New Vehicles; Rates subject to change
As Low As; Model Year: 2025 and newer; APR includes Local Heroes Program Discount
As Low As; New autos are based on the current model year and previous calendar year with less than or equal to 30,000 miles. Maximum mileage is 100,000 for used autos; used autos are eight (8) years old or newer.
Fixed APR as low as; Model Year 2025 and newer
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
Fixed APR as low as; Model Year 2025 and newer
New Car; Last updated 11/01/2026
- Nov 5, 20264.84%▲ from 4.59%
- Oct 19, 20264.59%▲ from 4.39%
- Sep 14, 20264.39%first recorded
As Low As; Loan amount over $15,000; Financing for non-commercial vehicles only
As Low As; Model Year: New Auto 2025 & Newer
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; Loan Amount: $2,500+
As Low As; Up to one model year old; Effective as of Nov 1, 2026
- Nov 7, 20264.89%▼ from 5.39%
- Sep 17, 20265.39%first recorded
$30,000.00 Minimum; APR range 4.95% - 18.00%
As Low As; Annual Percentage Rate* (As Low As)
100% Financing; With 700 Credit Score or above; For autos over $50,000 - 90% financing maximum; Financing does not include sales tax, tags, destination charges, etc.
As Low As; Used APR* As Low As column
As Low As
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Min. Loan Amount: $5,000.00; New vehicle - current or prior year only; discounts: Direct Deposit (.25%), Automatic Payment (.25%)
As Low As; Amount Financed: 100%; Direct deposit, auto pay, credit worthiness and other applicable credit union requirements apply
As Low As; Daily Periodic Rate: 0.01367%; $18,000 minimum
Auto loan; APR*
- Oct 5, 20264.99%▲ from 4.64%
- Sep 14, 20264.64%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
Cape Coral Used Auto Auto Loan Rates
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%
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; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
APR range 3.35% - 18.00%
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As; Fixed rate loan
As Low As
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
As Low As; APR* (As Low As)
Purchase transactions only. Other conditions may apply.
$20,000.00 Minimum; APR range 3.95% - 18.00%
As Low As; based on credit score; APR Type: Fixed
APR range 3.99% - 17.99%
As Low As; APR range 3.99% - 18.00%; Autos up to 10 years old
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20263.99%▼ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Rate listed is for a 36-month term. For longer term rates contact Credit Union.
As Low As; Starting APR
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As; Min. Loan Amount $5,000.00; As low as rate includes applicable discounts of Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%)
- Sep 29, 20264.24%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%); 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.24%▼ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.29%▼ from 4.79%
- Sep 17, 20264.79%first recorded
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.39%▼ from 4.89%
- Sep 17, 20264.89%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Effective Date: Monday, October 19th, 2026
As Low As; Rate APR* Used; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.49%▲ from 3.99%
- Sep 14, 20263.99%first recorded
APR range: 4.49% to 16.99%; Effective Date: 10/6/2025
Up to 100% financing
APR range: 4.50% - 15.75%; Ask about our Protection Plans!
As Low As; Starting APR
As Low As; APR* (As Low As)
As Low As
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.59%▼ from 5.09%
- Sep 18, 20265.09%first recorded
As Low As; Loan Amount: $2,500+
As Low As; well-qualified borrower; floor rate 4.69%
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Percent Financed: up to 100%; New is considered to be within 1 year and under 10,000 miles; Used is considered to be between 1 & 7 years old and under 125,000 miles
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
As Low As; Models between 2019 - 2026 (between 10,001 and 100,000 miles)
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
As Low As; Daily Periodic Rate: 0.01299%
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
Published APR range: 4.74 - 17.97%. APR range shown as printed; low end 4.74%, high end 17.97%. Rate based on creditworthiness. Electric Vehicle Rate Discount - Up to a 0.25% discount on the rate for a Fully Electric Vehicle.
Credit Score: 720+; Cooperative Discount
As Low As; Rate APR* Used; based on 0.25% payroll deduction discount, 0.25% direct deposit discount
- Oct 19, 20264.74%▲ from 4.24%
- Sep 14, 20264.24%first recorded
Up to 100% financing
APR range: 4.75% - 16.50%; Ask about our Protection Plans!
Financing up to 90% of NADA retail value; vehicles no older than 7 years; maximum term 7 years
As Low As; Rates based on 0.25% payroll deduction discount and 0.25% direct deposit discount
- Oct 6, 20264.84%▼ from 5.34%
- Sep 14, 20265.34%first recorded
As Low As; Model Year: 2024-2022; 2021 or older incurs 1% rate add-on; APR includes Local Heroes Program Discount
As Low As; Effective as of Nov 1, 2026; Vehicle must be 10 model years old or newer; Minimum Loan Amount $15,000
- Nov 7, 20264.89%▼ from 5.39%
- Sep 17, 20265.39%first recorded
As Low As; Used vehicles
$30,000.00 Minimum; APR range 4.95% - 18.00%
As Low As; Annual Percentage Rate* (As Low As)
As Low As; Models between 2019 - 2026 (between 10,001 and 100,000 miles)
As Low As; Min. Loan Amount $5,000.00; As low as rate includes applicable discounts of Direct Deposit (.25%), Automatic Payment (.25%), 85% or lower of vehicle value (.25%) or DAD deal (.25%)
- Sep 29, 20264.99%▲ from 4.74%
- Sep 14, 20264.74%first recorded
As Low As; Min. Loan Amount: $5,000.00; Discounts: Direct Deposit (.25%), Automatic Payment (.25%); 85% or lower of vehicle value (.25%) or DAD deal (.25%); New vehicle - current or prior year only
As Low As; Daily Periodic Rate: 0.01367%; $18,000 minimum
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
As Low As; FAM Annual Percentage Rate; Full Active Membership required; Vehicles model year 2020 or newer, up to 75,000 miles; Credit criteria apply
- Oct 19, 20264.99%▼ from 9.99%
- Oct 19, 20269.99%first recorded
Cape Coral, FL Auto Loan Rate Trends
Compare local Cape Coral, FL 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.
Florida new auto rates rose 0.002 points over the past 7 days to 5.028% APR.
Florida used auto rates fell 0.025 points over the past 7 days to 5.574% APR.
Cape Coral, FL 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 Florida 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 Florida 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 @ 5.03% APR FL average | Used Auto @ 5.57% APR FL average | Monthly Difference |
|---|---|---|---|
| $15,000 | $283.26/mo | $287.03/mo | $3.77/mo |
| $25,000 | $472.10/mo | $478.38/mo | $6.28/mo |
| $35,000 | $660.94/mo | $669.73/mo | $8.79/mo |
| $45,000 | $849.78/mo | $861.08/mo | $11.30/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 Cape Coral, Florida
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Cape Coral, Florida 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 Florida. 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 Cape Coral, Florida 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: Cape Coral, Florida CD rates lock in a guaranteed return until you’re ready to buy
Cape Coral, Florida Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $567 monthly car payment works out to roughly 16.6% of the median individual income in Cape Coral, Florida. 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 Cape Coral, Florida, 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 Cape Coral, Florida. We’ve prefilled the APR with today’s FL 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 Cape Coral, Florida 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 Cape Coral, Florida 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 Cape Coral, Florida. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in FL.
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 Cape Coral, Florida
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 Cape Coral, Florida
What are auto loan rates in Cape Coral, Florida today?
How does my credit score affect my car loan rate in Cape Coral, Florida?
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 Cape Coral, Florida?
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 Cape Coral, Florida?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Cape Coral, Florida?
- Suncoast Credit Union: 5.09% (Auto Loans)
- Bank of America: 5.64% (New Car (dealer) Auto Loan)
- Midflorida Credit Union: 5.89% (Auto Loan - 2025 and Newer Autos)
- Chase Bank: 6.09% (Auto Loan - New car purchase)
- Tyndall Federal Credit Union: 3.24% (New Auto/Truck)
Cape Coral, Florida Rates & Resources
