Erie, Pennsylvania Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
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Erie, Pennsylvania auto loan rates range from 2.99% to 9.49% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in Erie, Pennsylvania include I B E W Local 56 Credit UnionI B E W Local 56 Credit Union962 W 20TH ST, Erie, PA, 16502 2401A5.0 ★Texas Ratio: 7.76%Rate verified Nov 9, 2026 offering New Vehicle Loans - All Automobiles, Trucks, Motorcycles and Motor Homes at 4.10%, Tri State Rail Federal Credit UnionTri State Rail Federal Credit Union110 W 13th St, Erie, PA, 16501A+5.0 ★Texas Ratio: 0.76%Rate verified Nov 7, 2026 offering Vehicle Loan at 4.24%, Americo Federal Credit UnionAmerico Federal Credit Union4101 Main St, Erie, PA, 16511A+5.0 ★Texas Ratio: 4.72%Rate verified Nov 7, 2026 offering Autos & Motorcycles (2022 & Newer) at 4.49%, Saint Vincent Erie Federal Credit UnionSaint Vincent Erie Federal Credit Union2314 Sassafras St Ste 100, Erie, PA, 16502A+5.0 ★Texas Ratio: 1.74%Rate verified Nov 7, 2026 offering Vehicle Loan at 4.49%, Locomotive And Control Employees Federal Credit UnionLocomotive And Control Employees Federal Credit Union1286 E 38th St, Erie, PA, 16504 3039A+5.0 ★Texas Ratio: 0.61%Rate verified Nov 7, 2026 offering New Vehicles - Autos at 4.50%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
Erie has 8 local institutions in our database, with auto loan rates as low as 4.10% APR from I B E W Local 56 Credit Union at 962 W 20TH ST, Erie, PA, 16502 2401. 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 Erie, Pennsylvania. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in Erie, Pennsylvania & Surrounding Area
Erie Auto Loan Rates
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
Model Year: 2021 - 2026 (<50,0000 miles)
Model Year: 2021 - 2026 (<50,0000 miles)
Model Year: 2021 - 2026 (<50,0000 miles)
Model Year: 2021 - 2026 (<50,0000 miles)
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
Model Year: 2021 - 2026 (<50,0000 miles)
Model Year: 2021 - 2026 (> 50,000 Miles)
Model Year: 2021 - 2026 (> 50,000 Miles)
Model Year: 2021 - 2026 (> 50,000 Miles)
Model Year: 2021 - 2026 (> 50,000 Miles)
As Low As; Lowest possible APR for vehicles 2022 & newer; Rate based on credit worthiness, term and other conditions
As Low As; Lowest possible APR for vehicles 2022 & newer; Rate based on credit worthiness, term and other conditions
Amount Financed: Either 100% of NADA retail value, or the purchase price - whichever is lower.; Car loans can be re-financed at current new car rates within 3 months of original loan.; Pre-Approval: New car loans can be pre-approved for up to 90 days.
Vehicle age: 1 - 2 years old; Model Year: 2024 - 2025; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower
As Low As; Maximum: Retail Value
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
Model Year: 2021 - 2026 (<50,0000 miles); Minimum Loan Amount for 73-84 Month Loan is $20,000
Model Year: 2018 - 2020
Model Year: 2018 - 2020
Model Year: 2018 - 2020
Amount Financed: Either 100% of NADA retail value, or the purchase price - whichever is lower.; Car loans can be re-financed at current new car rates within 3 months of original loan.; Pre-Approval: New car loans can be pre-approved for up to 90 days.
Vehicle age: 1 - 2 years old; Model Year: 2024 - 2025; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower
As Low As; Maximum: Retail Value
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
Model Year: 2016 - 2017
Model Year: 2016 - 2017
Model Year: 2016 - 2017
As Low As; Lowest possible APR for vehicles 2022 & newer; Secured loan term 61-72 months requires $10,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
Amount Financed: Either 100% of NADA retail value, or the purchase price - whichever is lower.; Car loans can be re-financed at current new car rates within 3 months of original loan.; Pre-Approval: New car loans can be pre-approved for up to 90 days.
Vehicle age: 1 - 2 years old; Model Year: 2024 - 2025; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower
Model Year: 2020 - 2023; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower; Older than 6 years will be at personal loan rate/terms.
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
Model Year: 2018 - 2020
As Low As; Model Year: 2019 - 2021; Rate disclosed with asterisk is the lowest possible APR; Payment example per $10,000 excluded
Amount Financed: Either 100% of NADA retail value, or the purchase price - whichever is lower.; Car loans can be re-financed at current new car rates within 3 months of original loan.; Pre-Approval: New car loans can be pre-approved for up to 90 days.
Vehicle age: 1 - 2 years old; Model Year: 2024 - 2025; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower
Model Year: 2020 - 2023; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower; Older than 6 years will be at personal loan rate/terms.
As Low As; Maximum: Retail Value
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Lowest possible APR for vehicles 2022 & newer; Secured loan term 73-84 months requires $20,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
Model Year: 2020 - 2023; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower; Older than 6 years will be at personal loan rate/terms.
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
Amount Financed: Either 100% of NADA retail value, or the purchase price - whichever is lower.; Car loans can be re-financed at current new car rates within 3 months of original loan.; Pre-Approval: New car loans can be pre-approved for up to 90 days.
Vehicle age: 1 - 2 years old; Model Year: 2024 - 2025; Amount Financed: Either 100% of NADA retail value (plus or minus for mileage), or the purchase price - whichever is lower
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: 2019 - 2021; Rate disclosed with asterisk is the lowest possible APR; Payment example per $10,000 excluded
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Maximum: Retail Value
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
Model Year: 2014 - 2015
Model Year: 2014 - 2015
Model Year: 2014 - 2015
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2019 - 2021; Rate disclosed with asterisk is the lowest possible APR; Secured loan terms 61 - 72 months require $10,000 minimum amount financed; Payment example per $10,000 excluded
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2015 - 2016; Maximum: Retail Value
As Low As; Model Year: 2015 - 2016; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2025 or newer
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2025 or newer
- Oct 14, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2025 or newer
- Oct 14, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2025 or newer
- Oct 14, 20266.69%▲ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Lowest possible APR for auto loan; Rates for vehicles older than 12 model years or over 120,000 miles will be higher
As Low As; Model Year: 2019 - 2021; Rate disclosed with asterisk is the lowest possible APR; Secured loan terms 73 - 84 months require $20,000 minimum amount financed; Payment example per $10,000 excluded
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: 2023-2024
- Oct 14, 20266.79%▲ from 6.59%
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2023-2024
- Oct 14, 20266.79%▲ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2023-2024
- Oct 14, 20266.79%▲ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2023-2024
- Oct 14, 20266.79%▲ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2025 or newer
- Oct 14, 20266.79%▼ from 6.84%
- Sep 14, 20266.84%first recorded
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2023-2024
- Oct 14, 20266.99%▲ from 6.84%
- Sep 14, 20266.84%first recorded
As Low As; Model Year: 2025 or newer; Minimum loan amount: $10,000
- Oct 14, 20266.99%▼ from 7.14%
- Sep 14, 20267.14%first recorded
As Low As; Model Year: 2011 - 2014; Maximum: 80% of Retail Value
As Low As; Model Year: 2022
- Oct 14, 20267.09%▲ from 6.59%
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2022
- Oct 14, 20267.09%▲ from 7.04%
- Sep 14, 20267.04%first recorded
As Low As; Model Year: 2022
- Oct 14, 20267.09%▲ from 7.04%
- Sep 14, 20267.04%first recorded
As Low As; Model Year: 2022
- Oct 14, 20267.09%▼ from 7.14%
- Sep 14, 20267.14%first recorded
As Low As; Model Year: 2025 or newer; Minimum loan amount: $12,000
- Oct 14, 20267.09%▲ from 6.84%
- Sep 14, 20266.84%first recorded
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: 2023-2024; Minimum loan amount: $10,000
- Oct 14, 20267.19%▲ from 7.14%
- Sep 14, 20267.14%first recorded
As Low As; Model Year: 2025 or newer; Minimum loan amount: $15,000
- Oct 14, 20267.19%▲ from 7.04%
- Sep 14, 20267.04%first recorded
As Low As; Lowest possible APR for auto loan; Rates for vehicles older than 12 model years or over 120,000 miles will be higher
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2022
- Oct 14, 20267.29%▼ from 7.34%
- Sep 14, 20267.34%first recorded
As Low As; Model Year: 2023-2024; Minimum loan amount: $12,000
- Oct 14, 20267.29%▼ from 7.34%
- Sep 14, 20267.34%first recorded
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Lowest possible APR for auto loan; Secured loan terms between 61 - 72 months - $10,000 minimum amount financed; Rates for vehicles older than 12 model years or over 120,000 miles will be higher
As Low As; Model Year: 2020
- Oct 14, 20267.49%▲ from 6.59%
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2020
- Oct 14, 20267.49%▼ from 7.64%
- Sep 14, 20267.64%first recorded
As Low As; Model Year: 2020
- Oct 14, 20267.49%▼ from 7.64%
- Sep 14, 20267.64%first recorded
As Low As; Model Year: 2023-2024; Minimum loan amount: $15,000
- Oct 14, 20267.49%▲ from 7.04%
- Sep 14, 20267.04%first recorded
As Low As; Model Year: 2025 or newer; Minimum loan amount: $20,000
- Oct 14, 20267.49%▲ from 7.04%
- Sep 14, 20267.04%first recorded
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2019
- Oct 14, 20267.59%▼ from 7.64%
- Sep 14, 20267.64%first recorded
As Low As; Model Year: 2020
- Oct 14, 20267.59%▼ from 7.74%
- Sep 14, 20267.74%first recorded
As Low As; Model Year: 2022; Minimum loan amount: $10,000
- Oct 14, 20267.59%▲ from 7.54%
- Sep 14, 20267.54%first recorded
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: 2020
- Oct 14, 20267.79%▲ from 7.34%
- Sep 14, 20267.34%first recorded
As Low As; Model Year: 2022; Minimum loan amount: $12,000
- Oct 14, 20267.79%▲ from 7.34%
- Sep 14, 20267.34%first recorded
As Low As; Model Year: 2020; Minimum loan amount: $10,000
- Oct 14, 20267.99%▲ from 7.54%
- Sep 14, 20267.54%first recorded
As Low As; Model Year: 2018
- Oct 14, 20268.09%▲ from 6.59%
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: 2018
- Oct 14, 20268.09%▲ from 8.04%
- Sep 14, 20268.04%first recorded
As Low As; Model Year: 2018
- Oct 14, 20268.09%▲ from 8.04%
- Sep 14, 20268.04%first recorded
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: 2018
- Oct 14, 20268.19%▲ from 8.14%
- Sep 14, 20268.14%first recorded
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: 2017
- Oct 14, 20268.39%▲ from 6.59%
- Oct 1, 20266.59%▼ from 6.64%
- Sep 14, 20266.64%first recorded
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: 2017
- Oct 14, 20268.49%▲ from 8.04%
- Sep 14, 20268.04%first recorded
As Low As; Model Year: 2017
- Oct 14, 20268.49%▲ from 8.04%
- Sep 14, 20268.04%first recorded
As Low As; Model Year: 2017
- Oct 14, 20268.59%▲ from 8.14%
- Sep 14, 20268.14%first recorded
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Lowest possible APR for vehicles 2022 & newer; Term for vehicles 2022 and newer; Secured loan term 85-120 months requires $30,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
As Low As; Lowest possible APR for auto loan; Secured loan terms between 73 - 84 months - $20,000 minimum amount financed; Rates for vehicles older than 12 model years or over 120,000 miles will be higher
Minimum loan amount $5,000.00; Maximum term 48 months; Effective 10/15/2026
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Vehicles, Personal, Share Secured loan rates
Rate range: 3.25% - 8.00% APR*
Rate range: 3.25% -8.25% APR*
Rate range: 3.25% - 8.00% APR; Vehicle Loans - New Vehicles
Rate range: 3.25% -8.25% APR; Vehicle Loans - New Vehicles
As Low As; Vehicles, Personal, Share Secured loan rates
As Low As
As Low As; Rates reflect 0.50% discount for Automatic Payment
As Low As; Rates reflect 0.50% discount for Automatic Payment; Effective 10/19/2026
- Oct 23, 20263.49%▲ from 3.24%
- Sep 12, 20263.24%first recorded
As Low As; Model Year: 2024 & newer; Other terms and rates available. Please contact us for more information.
- Sep 25, 20263.49%▲ from 3.25%
- Sep 14, 20263.25%first recorded
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
Published APR range: 3.490% - 8.990%. Zero Down Payment
Published APR range: 3.490% - 9.240%. Zero Down Payment
Rate range: 3.50% - 9.00% APR*
Rate range: 3.50% - 9.00% APR; Vehicle Loans - New Vehicles
Rate range: 3.50% - 9.00% APR*; Financing: 85% of JD Power Book Price; Vehicle age: 5 Years & Older
APR range: 3.50% - 9.00% APR*
APR range 3.50% - 9.00%; JD Power Book Price - 90% Financed
Rate range: 3.50% - 9.00% APR; 85% financed
Rate range: 3.50% - 9.00% APR*; 100% Financed
As Low As; New Vehicle
As Low As; Rate as low as 3.500%; APR as low as 3.500%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; Model Years: 2024 - 2026; Effective as of August 26, 2026
As Low As; Rates reflect 0.50% discount for Automatic Payment
As Low As; Model Year: 2027 - 2025; Rates reflect 0.50% Automatic Payment discount
As Low As; Model Year: 2027 - 2025; Rates effective 10/19/2026; 0.50% discount applies with automatic payment
- Oct 23, 20263.74%▲ from 3.49%
- Sep 12, 20263.49%first recorded
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; Evergreen Advantage program APR (up to 1.00% rate discount with qualifying services)
As Low As; Evergreen Advantage program APR (up to 1.00% rate discount with qualifying services)
Rate range: 3.75% - 9.75% APR*
Rate range: 3.75% - 9.75% APR; Vehicle Loans - New Vehicles
Rate range: 3.75% - 9.50% APR*; Financing: 85% of JD Power Book Price; Vehicle age: 5 Years & Older
APR range: 3.75% - 9.50% APR*
APR range 3.75% - 9.50%; JD Power Book Price - 90% Financed
Rate range: 3.75% - 9.50% APR; 85% financed
Rate range: 3.75% - 9.50% APR*; 100% Financed
As Low As; Model Year: 2024 & newer; Other terms and rates available. Please contact us for more information.
- Sep 25, 20263.75%▲ from 3.49%
- Sep 14, 20263.49%first recorded
As Low As; with Relationship Rewards
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As
As Low As; w/ Auto Pay Discount; Rates are based on applicant's credit worthiness; Your actual rate may vary
Erie New Auto Auto Loan Rates
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Lowest possible APR for vehicles 2022 & newer; Rate based on credit worthiness, term and other conditions
As Low As; Lowest possible APR for vehicles 2022 & newer; Rate based on credit worthiness, term and other conditions
As Low As; Maximum: Retail Value
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Maximum: Retail Value
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Lowest possible APR for vehicles 2022 & newer; Secured loan term 61-72 months requires $10,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Lowest possible APR for vehicles 2022 & newer; Secured loan term 73-84 months requires $20,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
As Low As; 2024 Model Year and Newer Vehicles; Loan limit - 90% of Manufacturers Suggested Retail Price or J.D. Power NADA suggested retail value; High mileage surcharge if mileage exceeds 15,000 miles per model year
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; All Other New Titled Vehicles - Boats and Trailers, Travel Trailers, Campers, ATV's, Snowmobiles, Jet Skis, etc.; Loan limit 95% of Manufacturer's Suggested Retail Price
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Lowest possible APR for vehicles 2022 & newer; Term for vehicles 2022 and newer; Secured loan term 85-120 months requires $30,000 minimum amount financed; Rate based on credit worthiness, term and other conditions
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Rate as low as 2.990%; APR as low as 2.990%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
Rate range: 3.25% - 8.00% APR*
Rate range: 3.25% -8.25% APR*
Rate range: 3.25% - 8.00% APR; Vehicle Loans - New Vehicles
Rate range: 3.25% -8.25% APR; Vehicle Loans - New Vehicles
As Low As
As Low As; Rates reflect 0.50% discount for Automatic Payment
As Low As; Rates reflect 0.50% discount for Automatic Payment; Effective 10/19/2026
- Oct 23, 20263.49%▲ from 3.24%
- Sep 12, 20263.24%first recorded
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
Published APR range: 3.490% - 8.990%. Zero Down Payment
Published APR range: 3.490% - 9.240%. Zero Down Payment
Rate range: 3.50% - 9.00% APR*
Rate range: 3.50% - 9.00% APR; Vehicle Loans - New Vehicles
As Low As; New Vehicle
As Low As; Rate as low as 3.500%; APR as low as 3.500%; The above rates apply with automatic payment from the PSFCU Checking Account; rates are 0.25% higher without automatic payment
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; Model Years: 2024 - 2026; Effective as of August 26, 2026
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
Rate range: 3.75% - 9.75% APR*
Rate range: 3.75% - 9.75% APR; Vehicle Loans - New Vehicles
As Low As; Evergreen Advantage rate discount; qualifies with E-Statements, Full Direct Deposit, Checking Account, Western PA Visa Credit Card (up to 1.00% total discount)
As Low As; w/ Auto Pay Discount; Rates are based on applicant's credit worthiness; Your actual rate may vary
Erie Used Auto Auto Loan Rates
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year 2020-2023; Loan limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2020 - 2022; Maximum: Retail Value
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: 2023 - 2024; Maximum: Retail Value
As Low As; Model Year: 2015 - 2016; Maximum: Retail Value
As Low As; Model Year: 2015 - 2016; Maximum: Retail Value
As Low As; Model Year: New 2026 - 2027; Min loan amount: $5,000
As Low As; Model Year: Used 2019 - 2023; Min loan amount: $5,000
As Low As; Model Year: Used 2024 - 2025; Min loan amount: $5,000
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2017 - 2019; Maximum: Retail Value
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year: 2011 - 2014; Maximum: 80% of Retail Value
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2014 - 2018; Min loan amount: $5,000
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year 2020 and Newer Used Vehicles; Loan Limit 95% of J.D. Power NADA Average Retail Value; Model Year 2018-2019: Add 0.75% APR; Model Year 2016-2017: Add 1.25% APR; Model Year 2014-2015: Add 2.25% APR; Model Year 2012-2013: Add 2.75% APR; Model Year 2011 & Older: Add 3.25% APR
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
As Low As; Model Year: Used 2011 - 2013; Min loan amount: $5,000
Minimum loan amount $5,000.00; Maximum term 48 months; Effective 10/15/2026
Rate range: 3.50% - 9.00% APR*; Financing: 85% of JD Power Book Price; Vehicle age: 5 Years & Older
APR range: 3.50% - 9.00% APR*
APR range 3.50% - 9.00%; JD Power Book Price - 90% Financed
Rate range: 3.50% - 9.00% APR; 85% financed
Rate range: 3.50% - 9.00% APR*; 100% Financed
As Low As; Rates reflect 0.50% discount for Automatic Payment
As Low As; Model Year: 2027 - 2025; Rates reflect 0.50% Automatic Payment discount
As Low As; Model Year: 2027 - 2025; Rates effective 10/19/2026; 0.50% discount applies with automatic payment
- Oct 23, 20263.74%▲ from 3.49%
- Sep 12, 20263.49%first recorded
As Low As; Evergreen Advantage program APR (up to 1.00% rate discount with qualifying services)
As Low As; Evergreen Advantage program APR (up to 1.00% rate discount with qualifying services)
Rate range: 3.75% - 9.50% APR*; Financing: 85% of JD Power Book Price; Vehicle age: 5 Years & Older
APR range: 3.75% - 9.50% APR*
APR range 3.75% - 9.50%; JD Power Book Price - 90% Financed
Rate range: 3.75% - 9.50% APR; 85% financed
Rate range: 3.75% - 9.50% APR*; 100% Financed
As Low As
As Low As; w/ Auto Pay Discount; Rates are based on applicant's credit worthiness; Your actual rate may vary
Erie, PA Auto Loan Rate Trends
Compare local Erie, PA 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.
Pennsylvania new auto rates rose 0.014 points over the past 7 days to 5.400% APR.
Pennsylvania used auto rates rose 0.007 points over the past 7 days to 6.254% APR.
Erie, PA 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 Pennsylvania 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 Pennsylvania 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 @ 5.40% APR PA average | Used Auto @ 6.25% APR PA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $285.82/mo | $291.77/mo | $5.94/mo |
| $25,000 | $476.37/mo | $486.28/mo | $9.91/mo |
| $35,000 | $666.92/mo | $680.79/mo | $13.87/mo |
| $45,000 | $857.47/mo | $875.30/mo | $17.83/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 Erie, Pennsylvania
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Erie, Pennsylvania 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 Pennsylvania. 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 Erie, Pennsylvania 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: Erie, Pennsylvania CD rates lock in a guaranteed return until you’re ready to buy
Erie, Pennsylvania Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $572 monthly car payment works out to roughly 22.3% of the median individual income in Erie, Pennsylvania. 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 Erie, Pennsylvania, 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 Erie, Pennsylvania. We’ve prefilled the APR with today’s PA 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 Erie, Pennsylvania 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 Erie, Pennsylvania 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 Erie, Pennsylvania. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in PA.
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 Erie, Pennsylvania
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 Erie, Pennsylvania
What are auto loan rates in Erie, Pennsylvania today?
How does my credit score affect my car loan rate in Erie, Pennsylvania?
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 Erie, Pennsylvania?
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 Erie, Pennsylvania?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Erie, Pennsylvania?
- I B E W Local 56 Credit Union: 4.10% (New Vehicle Loans - All Automobiles, Trucks, Motorcycles and Motor Homes)
- Tri State Rail Federal Credit Union: 4.24% (Vehicle Loan)
- Americo Federal Credit Union: 4.49% (Autos & Motorcycles (2022 & Newer))
- Saint Vincent Erie Federal Credit Union: 4.49% (Vehicle Loan)
- Locomotive And Control Employees Federal Credit Union: 4.50% (New Vehicles - Autos)
Erie, Pennsylvania Rates & Resources
