New Orleans, Louisiana Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
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New Orleans, Louisiana auto loan rates range from 3.00% to 20.00% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in New Orleans, Louisiana include Fleur de Lis Federal Credit UnionFleur de Lis Federal Credit Union1450 Poydras St Ste 628, New Orleans, LA, 70112A+5.0 ★Texas Ratio: 0.69%Rate verified Nov 7, 2026 offering New and Used Auto Loan at 3.00%, Riverland Federal Credit UnionRiverland Federal Credit Union639 Loyola Ave Ste 220, New Orleans, LA, 70113 3130A+5.0 ★Texas Ratio: 2.72%Rate verified Nov 8, 2026 offering Auto Loan - Cars, Trucks, & SUVs at 3.99%, Instep Credit UnionInstep Credit Union400 Russell Ave Bldg 509, New Orleans, LA, 70143 5077A5.0 ★Texas Ratio: 10.22%Rate verified Nov 9, 2026 offering New Auto at 4.00%, Pelican State Credit UnionPelican State Credit Union7400 Leake Ave, New Orleans, LA, 70118A5.0 ★Texas Ratio: 12.93%Rate verified Nov 8, 2026 offering New Auto Loans at 4.14%, Navy Federal Credit UnionNavy Federal Credit Union2290 Coral Sea Street, New Orleans, LA, 70114A5.0 ★Texas Ratio: 8.14%Rate verified Nov 5, 2026 offering MissionAssistTM Auto - New Auto Loan at 4.19%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
New Orleans has 13 local institutions in our database, with auto loan rates as low as 3.00% APR from Fleur de Lis Federal Credit Union at 1450 Poydras St Ste 628, New Orleans, LA, 70112. 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 New Orleans, Louisiana. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in New Orleans, Louisiana & Surrounding Area
New Orleans Auto Loan Rates
Refinance options available
As Low As; Vehicle Loans (New, Used, & Refinanced); Effective Date: November 2, 2026
- Nov 3, 20263.99%▲ from 3.50%
- Sep 21, 20263.50%first recorded
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
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; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Actual rates and terms vary based on credit history, loan amount, and collateral.
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 include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
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; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
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; Actual rates and terms vary based on credit history, loan amount, and collateral.
As Low As; Models between 2-6 years old
As Low As; Vehicle Loans (New, Used, & Refinanced); Effective Date: November 2, 2026
- Nov 3, 20264.99%▲ from 4.50%
- Sep 21, 20264.50%first recorded
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As
- Nov 7, 20265.08%▼ from 5.43%
- Oct 9, 20265.43%▲ from 4.77%
- Sep 14, 20264.77%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Current and previous year's models
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates as of October, 2026; Loan rates adjusted based on individual credit profiles
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR direct deposit discount; $50 Loan Documentation Fee applies
As Low As
- Nov 7, 20265.58%▼ from 5.93%
- Oct 9, 20265.93%▲ from 5.27%
- Sep 14, 20265.27%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Current and previous year's models
As Low As; Models between 2-6 years old
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
Model Year: 2023 and newer; Minimum loan: $7,500; APR range: 5.69% - 14.29%; Rate discounts may apply; Rates effective as of 07-01-2026
Vehicle model year: 2023 and newer; Minimum loan: $7,500; Rate range: 5.69% - 14.29%; Rates effective as of 07-01-2026; 5.69% APR is for a 24 - 48-month term with minimum 780 FICO score; 79 - 84-month term requires minimum 680 FICO score and $25,000 amount financed
As Low As; Rates as of October, 2026; Loan rates adjusted based on individual credit profiles
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
Model Year: 2016 - 2018; Minimum loan: $7,500; APR range: 5.89% - 14.09%; Rate discounts may apply; Rates effective as of 07-01-2026
Model Year: 2019; Minimum loan: $7,500; APR range: 5.89% - 14.09%; Rate discounts may apply; Rates effective as of 07-01-2026
Model Year: 2020; Minimum loan: $7,500; APR range: 5.89% - 14.09%; Rate discounts may apply; Rates effective as of 07-01-2026
Model Year: 2021 - 2022; Minimum loan: $7,500; APR range: 5.89% - 14.29%; Rate discounts may apply; Rates effective as of 07-01-2026
Vehicle model year: 2016 - 2018; Minimum loan: $7,500; Rate range: 5.89% - 14.09%; Rates effective as of 07-01-2026
Vehicle model year: 2019; Minimum loan: $7,500; Rate range: 5.89% - 14.09%; Rates effective as of 07-01-2026
Vehicle model year: 2020; Minimum loan: $7,500; Rate range: 5.89% - 14.09%; Rates effective as of 07-01-2026
Vehicle model year: 2021 - 2022; Minimum loan: $7,500; Rate range: 5.89% - 14.29%; Rates effective as of 07-01-2026
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
As Low As; Vehicle Loans (New, Used, & Refinanced); Effective Date: November 2, 2026
- Nov 3, 20265.99%▲ from 5.50%
- Sep 21, 20265.50%first recorded
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
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; Current and previous year's models
As Low As; Models between 2-6 years old
As Low As; Rates as of October, 2026; Loan rates adjusted based on individual credit profiles
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
As Low As; 0.25% discount for auto-debit payments
As Low As; 0.25% discount for auto-debit payments
As Low As; 0.25% discount for auto-debit payments
As Low As; 0.25% discount for auto-debit payments
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates as of October, 2026; Loan rates adjusted based on individual credit profiles
As Low As; 0.25% discount for auto-debit payments
As Low As; Current and previous year's models
As Low As; Models between 2-6 years old
As Low As; 0.25% discount for auto-debit payments
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; 0.25% discount for auto-debit payments
As Low As; Models 25 years or older
APR as Low As; Est. Monthly Payment per $1,000: $30.97; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
As Low As; Models between 2-6 years old
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
Vehicle: New
Vehicle: New
Vehicle: New
Vehicle: Used
Vehicle: Used
Vehicle: Used
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; 0.25% discount for auto-debit payments; 90 month term subject to a minimum loan amount of $60,000
As Low As; Rates as of Nov 05, 2026 ET
As Low As; Rates as of Nov 05, 2026 ET
APR as Low As; Est. Monthly Payment per $1,000: $24.26; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
Published APR range: 7.571% - 18.000%. As Low As; Term of 84 months only available for vehicles up to 2 years old and loan amounts of at least $35,000
As Low As
- Nov 7, 20267.58%▼ from 7.93%
- Oct 9, 20267.93%▲ from 7.27%
- Sep 14, 20267.27%first recorded
Vehicle: New
Vehicle: Used
As Low As; Models 25 years or older
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
APR as Low As; Est. Monthly Payment per $1,000: $20.35; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
Vehicle: New
- Oct 23, 20268.04%▼ from 8.24%
- Sep 16, 20268.24%first recorded
Vehicle: Used
As Low As; Models 25 years or older
Published APR range: 8.572% - 18.00%. As Low As; Used vehicles more than 2 years old
Vehicle: New
Vehicle: New
As Low As; Models 25 years or older
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio <= 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge); % Down: 5%
As Low As; Models 25 years or older
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $30,000 minimum amount financed
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge); % Down: 5%
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge); % Down: Loan value
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge); % Down: 10%
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge); % Down: Loan value
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge); % Down: Loan value
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge); % Down: 15%
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge); % Down: Loan value
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio >= 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval; % Down: 20%
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval; % Down: Loan value
Published APR range: 3.75-16.15%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; APR*; rate based on creditworthiness and term of loan; rates for a limited time only
As Low As; APR varies by term. Terms up to 7 years.
As Low As; APR varies by term. Terms up to 6 years.
Published APR range: 4.00-17.40%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
Published APR range: 4.25-17.65%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
New Vehicle Loan Rates by Term; APR*: Rate based on creditworthiness and term of loan. Rate includes a .25 Discount for Automatic Payment.
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
As Low As; Rate based on creditworthiness and term of loan
Published APR range: 4.30% - 11.30%. Rate ranges are based on credit worthiness
As Low As; Rates effective August 5, 2026; based on creditworthiness
Range: 4.49-11.35%; Max Amount: listed; Recreational/Utility includes jet skis, ATV's, off-road motorcycles, motored carts, utility trailers, lawn and tractor equipment; Loan rates subject to change without prior notice
Range: 4.49-12.85%; Max Amount: listed; Recreational/Utility includes jet skis, ATV's, off-road motorcycles, motored carts, utility trailers, lawn and tractor equipment; Loan rates subject to change without prior notice
90% Loan
Maximum Loan Amount: Less than $15,000.00
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
- Sep 17, 20264.50%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 60 months = $15,000; LTV not to exceed 125% of MSRP (A,B,C paper)
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Percentage Financing: 90-100%
Published APR range: 4.50% - 11.50%. Rate ranges are based on credit worthiness
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
Published APR range: 4.60-17.95%.
APR range: 4.69% to 15.50%; Terms over 72 months for Vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
Maximum Loan Amount: $15,000.00-$19,999.99
Published APR range: 4.75-17.95%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
New Vehicle Loan Rates by Term; APR*: Rate based on creditworthiness and term of loan. Rate includes a .25 Discount for Automatic Payment.
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
Credit Rating: A+; Vehicle Age: 1 to 5 years old
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 72 months = $25,000; LTV not to exceed 125% of MSRP (A,B,C paper)
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
Grade: A (Credit Score 700+); Auto, Truck, and Motorcycles, Current Year Up to 2 Years Prior Under 15K Miles; 120% LTV finance on new with TTL (unless exception is made)
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
As Low As; Model Year: 2025
- Oct 4, 20264.90%▲ from 4.60%
- Sep 14, 20264.60%first recorded
As Low As; Model Year: NEW! 2026
90% Loan
Model Year: 2018 & Older; Same great rate for all approved repo auto loans; Rates are not based on credit score; Vehicles sold "as is"
Published APR range: 4.90-17.95%.
Grade: A (Credit Score 700+); Auto, Truck, and Motorcycles, Current Year Up to 2 Years Prior Under 15K Miles; 120% LTV finance on new with TTL (unless exception is made)
As Low As; Rates effective August 5, 2026; based on creditworthiness
As Low As; Financing up to 115%
As Low As
As Low As; Advertised APR assumes excellent credit; New vehicles: 2024 and newer model years with 30,000 or fewer miles
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
Published APR range: 4.99% - 11.99%. Rate ranges are based on credit worthiness
Published APR range: 4.99% - 11.99%. Rate ranges are based on credit worthiness
APR range: 5.00% to 17.15%; rate and term determined by creditworthiness; effective October 20, 2026
APR range: 5.00% to 17.15%; rate and term determined by the credit-worthiness of the applicant
Maximum Loan Amount: $20,000.00-$29,999.99
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
Credit Rating: A+; Vehicle Age: 1 to 5 years old
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 60 months = $15,000
As Low As; Stated APR includes a .50% Full Direct Deposit discount
- Oct 1, 20265.05%▲ from 4.83%
- Sep 18, 20264.83%first recorded
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
Credit Grade: A (Score 700+); Up to 8 Years Old; 120% LTV finance on used with TTL; May add up to 4 months for Gap and Warranty except on 84+ month terms; Adjust rate by 1.00% for 8 yrs and older (2018 or older)
Published APR range: 5.20-17.95%.
As Low As; Financing up to 115%; Minimum loan amount $15,000
As Low As; New Auto, 12-60 Month Term
New Orleans New Auto Auto Loan Rates
Refinance options available
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
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; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Actual rates and terms vary based on credit history, loan amount, and collateral.
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 include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
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; 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
- Nov 7, 20265.08%▼ from 5.43%
- Oct 9, 20265.43%▲ from 4.77%
- Sep 14, 20264.77%first recorded
As Low As; Current and previous year's models
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Current and previous year's models
Model Year: 2023 and newer; Minimum loan: $7,500; APR range: 5.69% - 14.29%; Rate discounts may apply; Rates effective as of 07-01-2026
Vehicle model year: 2023 and newer; Minimum loan: $7,500; Rate range: 5.69% - 14.29%; Rates effective as of 07-01-2026; 5.69% APR is for a 24 - 48-month term with minimum 780 FICO score; 79 - 84-month term requires minimum 680 FICO score and $25,000 amount financed
As Low As; Loan Documentation Fee: $75
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
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; Current and previous year's models
As Low As; Loan Documentation Fee: $75
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; Current and previous year's models
APR as Low As; Est. Monthly Payment per $1,000: $30.97; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
Vehicle: New
Vehicle: New
Vehicle: New
APR as Low As; Est. Monthly Payment per $1,000: $24.26; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
Published APR range: 7.571% - 18.000%. As Low As; Term of 84 months only available for vehicles up to 2 years old and loan amounts of at least $35,000
Vehicle: New
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
APR as Low As; Est. Monthly Payment per $1,000: $20.35; Includes four-wheel all terrain vehicles (ATV), side-by-side utility vehicles (UTV) and golf carts that are gas, electric and diesel models that can also be considered street legal
Vehicle: New
- Oct 23, 20268.04%▼ from 8.24%
- Sep 16, 20268.24%first recorded
Vehicle: New
Vehicle: New
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio <= 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge); % Down: 5%
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge); % Down: 5%
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge); % Down: 10%
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge); % Down: 15%
Loan amount $15,000-$50,000; Effective August 15, 2024; Requirements: Debt Ratio >= 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval; % Down: 20%
Published APR range: 3.75-16.15%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; APR*; rate based on creditworthiness and term of loan; rates for a limited time only
As Low As; APR varies by term. Terms up to 7 years.
Published APR range: 4.00-17.40%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
Published APR range: 4.25-17.65%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
New Vehicle Loan Rates by Term; APR*: Rate based on creditworthiness and term of loan. Rate includes a .25 Discount for Automatic Payment.
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
90% Loan
Maximum Loan Amount: Less than $15,000.00
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
- Sep 17, 20264.50%▲ from 4.00%
- Sep 14, 20264.00%first recorded
Credit Grade: A+; New vehicle (1 year old or less, under 30,000 miles)
- Sep 17, 20264.50%▼ from 5.00%
- Sep 14, 20265.00%first recorded
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 60 months = $15,000; LTV not to exceed 125% of MSRP (A,B,C paper)
As Low As; Limited time offer; New vehicles include 2026/2027 program/demos with less than 25,000 miles; Maximum loan amount $70,000.00; Must have an open Share Account; Up to 15% down payment and tax, title, and license may be required
As Low As; Percentage Financing: 90-100%
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
APR range: 4.69% to 15.50%; Terms over 72 months for Vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
Maximum Loan Amount: $15,000.00-$19,999.99
Published APR range: 4.75-17.95%. Vehicles 1 or 2 years old with less than 40,000 miles may be financed at new car rate
New Vehicle Loan Rates by Term; APR*: Rate based on creditworthiness and term of loan. Rate includes a .25 Discount for Automatic Payment.
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 72 months = $25,000; LTV not to exceed 125% of MSRP (A,B,C paper)
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
As Low As; Stated APR includes a .50% Full Direct Deposit discount; Your actual rate may vary and is based on creditworthiness
Grade: A (Credit Score 700+); Auto, Truck, and Motorcycles, Current Year Up to 2 Years Prior Under 15K Miles; 120% LTV finance on new with TTL (unless exception is made)
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
As Low As; Model Year: NEW! 2026
90% Loan
Grade: A (Credit Score 700+); Auto, Truck, and Motorcycles, Current Year Up to 2 Years Prior Under 15K Miles; 120% LTV finance on new with TTL (unless exception is made)
As Low As; Financing up to 115%
As Low As; Advertised APR assumes excellent credit; New vehicles: 2024 and newer model years with 30,000 or fewer miles
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
Maximum Loan Amount: $20,000.00-$29,999.99
Credit Grade: A; New vehicle (1 year old or less, under 30,000 miles)
As Low As; Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs
As Low As; Financing up to 115%; Minimum loan amount $15,000
As Low As; New Auto, 12-60 Month Term
New Orleans Used Auto Auto Loan Rates
Refinance options available
As Low As; Loan Documentation Fee: $75
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Actual rates and terms vary based on credit history, loan amount, and collateral.
As Low As; Models between 2-6 years old
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR direct deposit discount; $50 Loan Documentation Fee applies
As Low As
- Nov 7, 20265.58%▼ from 5.93%
- Oct 9, 20265.93%▲ from 5.27%
- Sep 14, 20265.27%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Models between 2-6 years old
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
As Low As; Loan Documentation Fee: $75
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; Models between 2-6 years old
As Low As; Loan Documentation Fee: $75
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Loan Documentation Fee: $75
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Models between 2-6 years old
As Low As; Rates include 1.00% APR discount for active direct deposit members; $50 Loan Documentation Fee applies
As Low As; Models between 2-6 years old
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
Vehicle: Used
Vehicle: Used
Vehicle: Used
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
Vehicle: Used
Vehicle: Used
Published APR range: 8.572% - 18.00%. As Low As; Used vehicles more than 2 years old
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio < or = 29.99%, No Public Records, No Past Due Accounts, Bankruptcy Over 10 Years Old (From Date of Discharge); % Down: Loan value
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 30% to 39.99%, No Public Records, Some (1 or 2) 30 Day Past Due, Bankruptcy 7 to 10 Years Old (From Date of Discharge); % Down: Loan value
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 40% to 49.99%, Public Records, Some (3 or 4) 30 Day Past Due, Some (1 or 2) 60 Day Past Due, Bankruptcy 3 to 6.99 Years Old (From Date of Discharge); % Down: Loan value
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio 50% to 59.99%, Some (3 or 4) 90 Day Past Due, Bankruptcy 2 to 2.99 Years Old (From Date of Discharge); % Down: Loan value
Anchor Criteria for Used Car Loans ($15,000-$40,000), Effective August 15, 2024; Requirements: Debt Ratio > or = 60%, Bankruptcy 0 to 1.99 Years Old (From Date of Discharge), Need Board Approval; % Down: Loan value
As Low As; APR*; rate based on creditworthiness and term of loan; rates for a limited time only
As Low As; APR varies by term. Terms up to 6 years.
Published APR range: 4.60-17.95%.
APR range: 4.69% to 15.50%; Terms over 72 months for Vehicles valued over $40,000
- Oct 4, 20264.69%▲ from 4.49%
- Sep 12, 20264.49%first recorded
Credit Rating: A+; Vehicle Age: 1 to 5 years old
Published APR range: 4.90-17.95%.
As Low As
Credit Rating: A+; Vehicle Age: 1 to 5 years old
Paper Grade: A; Credit Score Range: 720+; Min. Amt Fin. for 60 months = $15,000
As Low As; Stated APR includes a .50% Full Direct Deposit discount
Credit Grade: A (Score 700+); Up to 8 Years Old; 120% LTV finance on used with TTL; May add up to 4 months for Gap and Warranty except on 84+ month terms; Adjust rate by 1.00% for 8 yrs and older (2018 or older)
Published APR range: 5.20-17.95%.
New Orleans, LA Auto Loan Rate Trends
Compare local New Orleans, LA 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.
Louisiana new auto loan rates currently average 5.635% APR.
Louisiana used auto rates fell 0.036 points over the past 7 days to 6.061% APR.
New Orleans, LA 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 Louisiana 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 Louisiana 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 @ 5.63% APR LA average | Used Auto @ 6.06% APR LA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $287.45/mo | $290.42/mo | $2.97/mo |
| $25,000 | $479.08/mo | $484.03/mo | $4.95/mo |
| $35,000 | $670.72/mo | $677.65/mo | $6.93/mo |
| $45,000 | $862.35/mo | $871.26/mo | $8.91/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 New Orleans, Louisiana
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving New Orleans, Louisiana 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 Louisiana. 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 New Orleans, Louisiana 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: New Orleans, Louisiana CD rates lock in a guaranteed return until you’re ready to buy
New Orleans, Louisiana Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $575 monthly car payment works out to roughly 17.7% of the median individual income in New Orleans, Louisiana. 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 New Orleans, Louisiana, 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 New Orleans, Louisiana. We’ve prefilled the APR with today’s LA 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 New Orleans, Louisiana 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 New Orleans, Louisiana 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 New Orleans, Louisiana. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in LA.
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 New Orleans, Louisiana
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 New Orleans, Louisiana
What are auto loan rates in New Orleans, Louisiana today?
How does my credit score affect my car loan rate in New Orleans, Louisiana?
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 New Orleans, Louisiana?
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 New Orleans, Louisiana?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in New Orleans, Louisiana?
- Fleur de Lis Federal Credit Union: 3.00% (New and Used Auto Loan)
- Riverland Federal Credit Union: 3.99% (Auto Loan - Cars, Trucks, & SUVs)
- Instep Credit Union: 4.00% (New Auto)
- Pelican State Credit Union: 4.14% (New Auto Loans)
- Navy Federal Credit Union: 4.19% (MissionAssistTM Auto - New Auto Loan)
New Orleans, Louisiana Rates & Resources
