Ames, Iowa 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
Ames, Iowa auto loan rates range from 3.50% to 10.23% APR, verified by MonitorBankRates as of November 8, 2026. Current auto loan rates in Ames, Iowa include Community Choice Credit Union Johnston, IACommunity Choice Credit Union Johnston, IA212 E Lincoln Way, Ames, IA, 50010A+5.0 ★Texas Ratio: 3.41%Rate verified Nov 8, 2026 offering Vehicle Loan - 2025 & Newer at 3.92%, Members1st Community Credit UnionMembers1st Community Credit Union423 Main St, Ames, IA, 50010A5.0 ★Texas Ratio: 6.02%Rate verified Nov 8, 2026 offering New & Used Autos/Trucks - Model Years 2023-2026 at 3.99%, River Valley Credit Union Ames, IARiver Valley Credit Union Ames, IA2811 E 13th St, Ames, IA, 50010A+5.0 ★Texas Ratio: 4.97%Rate verified Nov 8, 2026 offering Vehicle Loan at 4.80%, Greater Iowa Credit UnionGreater Iowa Credit Union801 Lincoln Way, Ames, IA, 50010A5.0 ★Texas Ratio: 8.43%Rate verified Nov 8, 2026 offering 2017-2023 Used Autos or Motorcycles at 5.34%, Midwest Heritage BankMidwest Heritage Bank640 Lincoln Way, Ames, IA, 50010A5.0 ★Texas Ratio: 9.76%Rate verified Nov 5, 2026 offering Auto Loan - 2022 or Newer at 6.08%. Auto loan rates as of November 8, 2026 according to verified data from MonitorBankRates.
Ames has 7 local institutions in our database, with auto loan rates as low as 3.92% APR from Community Choice Credit Union Johnston, IA at 212 E Lincoln Way, Ames, IA, 50010. 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 Ames, Iowa. Auto Loan Rates Last Updated and Verified: November 8, 2026
Compare Auto Loan Rates Today in Ames, Iowa & Surrounding Area
Ames Auto Loan Rates
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Years 2023-2026; Up to 100% financing available; with Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20263.99%▼ from 4.49%
- Oct 19, 20264.49%first recorded
Term: Up to 48 months, with Relationship Rate Discount; As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20264.49%▼ from 4.99%
- Oct 19, 20264.99%first recorded
As Low As; Model Years 2023-2026; Up to 100% financing available; Apply Online; Rate Determined By Credit Score
As Low As; Up to 60 months with Relationship Rate Discount; Rate Determined By Credit Score; Up to 100% financing available
As Low As; Model Year: 2024; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2024; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2024; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2024; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $18,001 or more; Apply Online; Rate Determined By Credit Score
As Low As; Model Year: 2025 or Newer
As Low As; Model Year: 2025 or Newer
As Low As; Model Year: 2023; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2023; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2024; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 or Newer
As Low As; Model Year: 2023; .75% discount with direct deposit and automatic payment
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $30,001 or more & mileage under 25,000 miles; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Rate Determined By Credit Score; Up to 100% financing available
As Low As; With Relationship Rate Discount; Up to 100% financing available; Rate determined by credit score
- Oct 26, 20264.99%▼ from 5.49%
- Oct 19, 20265.49%first recorded
As Low As; Model Year: 2023; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 or Newer
As Low As; Model Year: 2023
As Low As; Model Year: 2023
As Low As; Model Year: 2023; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2022; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2022; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2023
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Year: 2022; .75% discount with direct deposit and automatic payment
As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20265.29%▼ from 5.79%
- Sep 16, 20265.79%first recorded
As Low As; Greater than 45,000 miles
As Low As; Model Year: 2022; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2022
As Low As; Model Year: 2022
As Low As; Model Year: 2021; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2021; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2022; .75% discount with direct deposit and automatic payment
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Apply Online; Rate Determined By Credit Score; Up to 100% financing available
As Low As; Up to 100% financing available; Rate determined by credit score; Apply Online
As Low As; Greater than 45,000 miles
As Low As; Model Year: 2021; .75% discount with direct deposit and automatic payment
As Low As; Greater than 45,000 miles
As Low As; Model Year: 2021; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2021
As Low As; Model Year: 2017; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2018; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2018; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2019; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2019; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2020; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2020; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2021; .75% discount with direct deposit and automatic payment
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Year: 2021
As Low As; Model Year: 2018; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2019; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2020; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2022
As Low As; Model Year: 2019; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2020; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2020
As Low As; Apply Online; Rate Determined By Credit Score; Up to 100% financing available
As Low As; Up to 100% financing available; Rate determined by credit score; Apply Online
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Year: 2022 or Newer; Loan Amount: $25,000; Exclusive rate for Hy-Vee PERKS members or Hy-Vee/Hy-Vee Subsidiary employees; Subject to credit approval
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; Special APR; Model Years: 2023 and Newer; Includes discount for automatic payment from a First National Bank deposit account with direct deposit; discount lost if qualifications not maintained; Minimum down payment 10%
As Low As; Special APR; Model Years: 2023 and Newer; Includes discount for automatic payment from a First National Bank deposit account with direct deposit; discount lost if qualifications not maintained; Minimum down payment 10%
As Low As; Model Year: 2018 & 2019
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Year: 2021
As Low As; Special APR; Model Years: 2023 and Newer; Includes discount for automatic payment from a First National Bank deposit account with direct deposit; discount lost if qualifications not maintained; Minimum down payment 10%
As Low As; Model Year: 2020
As Low As; Special APR; Model Years: 2023 and Newer; Includes discount for automatic payment from a First National Bank deposit account with direct deposit; discount lost if qualifications not maintained; Minimum down payment 10%
As Low As; Special APR; Model Years: 2023 and Newer; Includes discount for automatic payment from a First National Bank deposit account with direct deposit; discount lost if qualifications not maintained; Minimum down payment 10%
As Low As; Apply Online; Rate Determined By Credit Score; Up to 100% financing available
Term: Up to 60 Months, with Relationship Rate Discount; As Low As; Model Years 2019 and older; Rate Determined By Credit Score; Relationship Rate Discount applies
- Oct 26, 20266.49%▼ from 6.99%
- Sep 16, 20266.99%first recorded
As Low As; Up to 100% financing available; Rate determined by credit score; Apply Online
As Low As; Model Year: 2018 & 2019
As Low As; Special APR includes discount for automatic payment from a First National Bank deposit account with direct deposit and other minimum requirements; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Special APR includes discount for automatic payment from a First National Bank deposit account with direct deposit and other minimum requirements; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Special APR includes discount for automatic payment from a First National Bank deposit account with direct deposit and other minimum requirements; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Year: 2019 - 2021; Loan Amount: $20,000; Exclusive rate for Hy-Vee PERKS members or Hy-Vee/Hy-Vee Subsidiary employees; Subject to credit approval
As Low As; Model Year: 2020
As Low As; Special APR includes discount for automatic payment from a First National Bank deposit account with direct deposit and other minimum requirements; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Special APR includes discount for automatic payment from a First National Bank deposit account with direct deposit and other minimum requirements; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Model Years 2019 and older; Rate Determined By Credit Score; Apply Online
As Low As; Model Year: 2018 & 2019
As Low As; Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20267.29%▼ from 7.79%
- Sep 16, 20267.79%first recorded
As Low As; Model Years 2019 and older; Rate Determined By Credit Score; Apply Online
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; Model Year: 2015 & 2016; .75% discount with direct deposit and automatic payment
As Low As; Model Years: 2023 and Newer; Minimum down payment 10%
As Low As; Model Years: 2023 and Newer; Minimum down payment 10%
As Low As; Model Year: 2014 & Older; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2015 & 2016; .75% discount with direct deposit and automatic payment
As Low As; Model Years: 2023 and Newer; Minimum down payment 10%
As Low As; Model Years: 2023 and Newer; Minimum down payment 10%
As Low As; Model Years: 2023 and Newer; Minimum down payment 10%
As Low As; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Model Year: 2017 and Older
As Low As; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Year: 2016 - 2018; Loan Amount: $15,000; Exclusive rate for Hy-Vee PERKS members or Hy-Vee/Hy-Vee Subsidiary employees; Subject to credit approval
As Low As; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Minimum down payment 20% for 2016-2022 model years; Rates effective 9/21/2026
As Low As; Model Year: 2017 and Older
As Low As; Greater than 45,000 miles
As Low As; Model Years: 2015 and Older; Minimum down payment 30%
As Low As; Model Years: 2015 and Older; Minimum down payment 30%
As Low As; Year: 2015 - 2011 (as printed); Loan Amount: $10,000; Exclusive rate for Hy-Vee PERKS members or Hy-Vee/Hy-Vee Subsidiary employees; Subject to credit approval
As Low As; Model Years: 2015 and Older; Minimum down payment 30%
As Low As; Greater than 45,000 miles
As Low As; Model Years: 2015 and Older; Minimum down payment 30%
As Low As; Model Years: 2015 and Older; Minimum down payment 30%
As Low As; New 2025, 2026 and 2027 vehicles; rates subject to risk-based credit score; call Tim at 563-582-9515
As Low As; Rates subject to change
As Low As; Loyalty rate requires enrollment in direct deposit of at least $1,000/mo. and automatic loan payments; purchase or refinance up to 100% of vehicle value; APR based on 36 month term; rates subject to change without notice
Loyalty Rate; requires direct deposit of at least $1,000/mo and automatic loan payments (0.25% discount); Rates as of July 15, 2026
As Low As; Rates subject to change
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
Model years 2022 to 2027; effective October 1, 2026
Model years 2022 to 2027; effective October 1, 2026
As Low As; Maximum Term: 36
As Low As; Monthly Term: 0-36 months
As Low As; Model Year: 2024 to 2026; Loyalty discount of 0.50%; requires automatic loan payments from Collins Checking with at least 5 transactions including a direct deposit
- Oct 26, 20264.14%▼ from 4.64%
- Oct 13, 20264.64%▼ from 5.49%
- Sep 29, 20265.49%▲ from 4.99%
- Sep 18, 20264.99%first recorded
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
Regular Rate; Rates as of July 15, 2026
As Low As
As Low As; Model Year: 2023 - 2022 Vehicles
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Model years 2022 to 2027; effective October 1, 2026
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
As Low As; Rates subject to change
APR=Annual Percentage Rate
Model years 2022 to 2027; effective October 1, 2026
As Low As; Rates effective as of 9/01/2026
As Low As; Rates effective as of 9/01/2026
As Low As; Rates subject to change
As Low As; Maximum Term: 48
As Low As; Maximum Term: 36
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025; Member Loyalty Loan Rate Discount requirements apply
As Low As; Vehicle Year: 2024 - 2023; Loyalty APR; Requires active direct deposit of $500+ per month to a Cobalt checking account, an existing Cobalt loan/line/HELOC/mortgage/credit card, and good standing; 0.50% APR discount
Regular Rate; Rates as of July 15, 2026
As Low As; Model Years: 2022 Model Years & Newer
As Low As; Model Year: 2021 to 2023; Loyalty discount of 0.50%; requires automatic loan payments from Collins Checking with at least 5 transactions including a direct deposit
- Oct 26, 20264.49%▼ from 4.64%
- Oct 13, 20264.64%▼ from 5.49%
- Sep 29, 20265.49%▲ from 4.99%
- Sep 18, 20264.99%first recorded
As Low As; Model Year: 2025 Or Newer
APR=Annual Percentage Rate
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Model years 2022 to 2027; effective October 1, 2026
As Low As; Model Year: 2023 - 2022 Vehicles
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Maximum Term: 60
As Low As; Maximum Term: 48
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
Loan amount of $15,000 or greater; APR=Annual Percentage Rate
Loan amount of $25,000 or greater; APR=Annual Percentage Rate
As Low As; Model Year: 2024 to 2026
- Oct 13, 20264.64%▼ from 5.49%
- Sep 29, 20265.49%▲ from 4.99%
- Sep 18, 20264.99%first recorded
As Low As; Rates as of September 22, 2026
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Maximum Term: 60
As Low As; Loyalty APR; Vehicle Year: 2025 - 2024; Member Loyalty Loan Rate Discount requirements apply
As Low As; Vehicle Year: 2024 - 2023; Loyalty APR; Requires active direct deposit of $500+ per month to a Cobalt checking account, an existing Cobalt loan/line/HELOC/mortgage/credit card, and good standing; 0.50% APR discount
As Low As; Model Year: 2023 - 2026; Rates effective 03/09/26; Rates based on loans of $2,500 or more
As Low As; Model Year: 2023 - 2026; Includes 10% down payment; Rates effective 03/09/26; Rates based on loans of $2,500 or more
Regular Rate; Rates as of July 15, 2026
As Low As; Model Years: 2022 Model Years & Newer
As Low As; Model Year: 2024 to 2026; Loyalty discount of 0.50%; requires automatic loan payments from Collins Checking with at least 5 transactions including a direct deposit
- Oct 26, 20264.74%▼ from 5.24%
- Sep 18, 20265.24%first recorded
As Low As; Model years: 2024-2026*; Rate based on approved credit; includes automatic payment rate discount; limited time offer
As Low As; Rates effective as of 9/01/2026
As Low As
As Low As; Model Year: 2027, 2026, 2025; Special rate
- Nov 8, 20264.74%▲ from 4.24%
- Oct 19, 20264.24%first recorded
Qualifications Required: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; As Low As; Model Year: 2022; Relationship Rate
- Oct 19, 20264.74%▼ from 4.84%
- Oct 13, 20264.84%first recorded
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Maximum Term: 72
As Low As; Model Year: 2023 - New; Best rate for excellent credit; rates current as of 7/16/26
Vehicle Year: 2024 - 2025; Secured loans over $20K may extend out one additional year
Vehicle Year: New Vehicles; Secured loans over $20K may extend out one additional year
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Loan amount of $50,000 or greater, model year 2023+; APR=Annual Percentage Rate
As Low As; Rates subject to change
As Low As; Model Year: 2024 or Newer; 100% of NADA Retail; Payment example: $30,000 vehicle, 100% RTL, 60 months, 4.80% APR
As Low As; Maximum Term: 36
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
Model Year: 2024 & Newer*; Rates stated as APR; includes .25% EcoPlus discount
- Oct 19, 20264.84%▲ from 4.80%
- Oct 13, 20264.80%first recorded
Ames New Auto Auto Loan Rates
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Years 2023-2026; Up to 100% financing available; with Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20263.99%▼ from 4.49%
- Oct 19, 20264.49%first recorded
Term: Up to 48 months, with Relationship Rate Discount; As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20264.49%▼ from 4.99%
- Oct 19, 20264.99%first recorded
As Low As; Model Years 2023-2026; Up to 100% financing available; Apply Online; Rate Determined By Credit Score
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $18,001 or more; Apply Online; Rate Determined By Credit Score
As Low As; Model Year: 2025 & Newer; .75% discount with direct deposit and automatic payment
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $30,001 or more & mileage under 25,000 miles; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20265.29%▼ from 5.79%
- Sep 16, 20265.79%first recorded
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Year: 2022 or Newer; Loan Amount: $25,000; Exclusive rate for Hy-Vee PERKS members or Hy-Vee/Hy-Vee Subsidiary employees; Subject to credit approval
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; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20267.29%▼ from 7.79%
- Sep 16, 20267.79%first recorded
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; New 2025, 2026 and 2027 vehicles; rates subject to risk-based credit score; call Tim at 563-582-9515
As Low As; Rates subject to change
As Low As; Rates subject to change
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
Model years 2022 to 2027; effective October 1, 2026
Model years 2022 to 2027; effective October 1, 2026
As Low As; Maximum Term: 36
As Low As; Monthly Term: 0-36 months
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
As Low As
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Model years 2022 to 2027; effective October 1, 2026
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
As Low As; Rates subject to change
APR=Annual Percentage Rate
Model years 2022 to 2027; effective October 1, 2026
As Low As; Rates subject to change
As Low As; Maximum Term: 48
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025; Member Loyalty Loan Rate Discount requirements apply
APR=Annual Percentage Rate
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Model years 2022 to 2027; effective October 1, 2026
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Maximum Term: 60
As Low As; Rates will vary depending on credit score; 0.25% interest discount for debt protection or warranty
Loan amount of $15,000 or greater; APR=Annual Percentage Rate
Loan amount of $25,000 or greater; APR=Annual Percentage Rate
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Model Year: 2023 - 2026; Rates effective 03/09/26; Rates based on loans of $2,500 or more
As Low As; Model Year: 2023 - 2026; Includes 10% down payment; Rates effective 03/09/26; Rates based on loans of $2,500 or more
As Low As
Qualifications Required: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; As Low As; Model Year: 2022; Relationship Rate
- Oct 19, 20264.74%▼ from 4.84%
- Oct 13, 20264.84%first recorded
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
As Low As; Model Year: 2024 or Newer; Relationship Rate: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments. Member will lose discount if cancel or terminate any qualifications.
As Low As; Maximum Term: 72
As Low As; Model Year: 2023 - New; Best rate for excellent credit; rates current as of 7/16/26
Vehicle Year: New Vehicles; Secured loans over $20K may extend out one additional year
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Loan amount of $50,000 or greater, model year 2023+; APR=Annual Percentage Rate
As Low As; Rates subject to change
As Low As; Model Year: 2024 or Newer; 100% of NADA Retail; Payment example: $30,000 vehicle, 100% RTL, 60 months, 4.80% APR
Model Year: 2024 & Newer*; Rates stated as APR; includes .25% EcoPlus discount
- Oct 19, 20264.84%▲ from 4.80%
- Oct 13, 20264.80%first recorded
Ames Used Auto Auto Loan Rates
As Low As; Model Years 2023-2026; Up to 100% financing available; with Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20263.99%▼ from 4.49%
- Oct 19, 20264.49%first recorded
Term: Up to 48 months, with Relationship Rate Discount; As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20264.49%▼ from 4.99%
- Oct 19, 20264.99%first recorded
As Low As; Model Years 2023-2026; Up to 100% financing available; Apply Online; Rate Determined By Credit Score
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $18,001 or more; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Model Years 2023-2026; Up to 100% financing available; Loan must be $30,001 or more & mileage under 25,000 miles; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Relationship Rate Discount; Up to 100% financing available; Rate Determined By Credit Score
- Oct 26, 20265.29%▼ from 5.79%
- Sep 16, 20265.79%first recorded
As Low As; Greater than 45,000 miles
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Greater than 45,000 miles
As Low As; Greater than 45,000 miles
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
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; Apply Online; Up to 100% financing available; Rate Determined By Credit Score
As Low As; Relationship Rate Discount; Rate Determined By Credit Score
- Oct 26, 20267.29%▼ from 7.79%
- Sep 16, 20267.79%first recorded
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; Apply Online; Rate Determined By Credit Score
As Low As; Greater than 45,000 miles
As Low As; Greater than 45,000 miles
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
APR=Annual Percentage Rate
As Low As; Rates effective as of 9/01/2026
As Low As; Rates effective as of 9/01/2026
As Low As; Maximum Term: 36
As Low As; Loyalty APR; Vehicle Year: New 2026 & New/Used 2025; Member Loyalty Loan Rate Discount requirements apply
As Low As; Vehicle Year: 2024 - 2023; Loyalty APR; Requires active direct deposit of $500+ per month to a Cobalt checking account, an existing Cobalt loan/line/HELOC/mortgage/credit card, and good standing; 0.50% APR discount
APR=Annual Percentage Rate
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
As Low As; Maximum Term: 48
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
Loan amount of $15,000 or greater; APR=Annual Percentage Rate
Loan amount of $25,000 or greater; APR=Annual Percentage Rate
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
As Low As; Maximum Term: 60
As Low As; Vehicle Year: 2024 - 2023; Loyalty APR; Requires active direct deposit of $500+ per month to a Cobalt checking account, an existing Cobalt loan/line/HELOC/mortgage/credit card, and good standing; 0.50% APR discount
As Low As; Model Year: 2023 - 2026; Rates effective 03/09/26; Rates based on loans of $2,500 or more
As Low As; Model Year: 2023 - 2026; Includes 10% down payment; Rates effective 03/09/26; Rates based on loans of $2,500 or more
As Low As; Rates effective as of 9/01/2026
Qualifications Required: Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; As Low As; Model Year: 2022; Relationship Rate
- Oct 19, 20264.74%▼ from 4.84%
- Oct 13, 20264.84%first recorded
As Low As; Relationship Rate; Member must have three of the following: GAP Coverage, Warranty, Debt Protection, E-Statements, Mastercard, Active Share Draft Account, Direct Deposit or Automatic Payments; Member will lose discount if cancel or terminate any qualifications; Model Year: 2023
Auto Pay Discount and Loan-to-Value Discount applies; Term based on age of vehicle
Loan amount of $50,000 or greater, model year 2023+; APR=Annual Percentage Rate
As Low As; Maximum Term: 36
As Low As; Rates will vary depending on credit score and year of vehicle; 0.25% interest discount for debt protection or warranty
Model Year: 2024 & Newer*; Rates stated as APR; includes .25% EcoPlus discount
- Oct 19, 20264.84%▲ from 4.80%
- Oct 13, 20264.80%first recorded
Ames, IA Auto Loan Rate Trends
Compare local Ames, IA 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.
Iowa new auto rates rose 0.008 points over the past 7 days to 5.323% APR.
Iowa used auto rates fell 0.007 points over the past 7 days to 6.166% APR.
Ames, IA 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 Iowa 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 Iowa 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 IA average | Used Auto @ 6.17% APR IA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.29/mo | $291.15/mo | $5.86/mo |
| $25,000 | $475.49/mo | $485.25/mo | $9.76/mo |
| $35,000 | $665.68/mo | $679.35/mo | $13.67/mo |
| $45,000 | $855.87/mo | $873.45/mo | $17.57/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 Ames, Iowa
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Ames, Iowa 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 Iowa. 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 Ames, Iowa 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: Ames, Iowa CD rates lock in a guaranteed return until you’re ready to buy
Ames, Iowa Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $571 monthly car payment works out to roughly 39.4% of the median individual income in Ames, Iowa. 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 Ames, Iowa, 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 Ames, Iowa. We’ve prefilled the APR with today’s IA 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 Ames, Iowa 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 Ames, Iowa 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 Ames, Iowa. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in IA.
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 Ames, Iowa
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 Ames, Iowa
What are auto loan rates in Ames, Iowa today?
How does my credit score affect my car loan rate in Ames, Iowa?
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 Ames, Iowa?
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 Ames, Iowa?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Ames, Iowa?
- Community Choice Credit Union Johnston, IA: 3.92% (Vehicle Loan - 2025 & Newer)
- Members1st Community Credit Union: 3.99% (New & Used Autos/Trucks - Model Years 2023-2026)
- River Valley Credit Union Ames, IA: 4.80% (Vehicle Loan)
- Greater Iowa Credit Union: 5.34% (2017-2023 Used Autos or Motorcycles)
- Midwest Heritage Bank: 6.08% (Auto Loan - 2022 or Newer)
Ames, Iowa Rates & Resources
