Chattanooga, Tennessee Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
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Chattanooga, Tennessee auto loan rates range from 3.15% to 18.00% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in Chattanooga, Tennessee include Chattanooga Federal Employees Credit UnionChattanooga Federal Employees Credit Union2011 Stein Dr, Chattanooga, TN, 37421 1692A+5.0 ★Texas Ratio: 1.20%Rate verified Nov 8, 2026 offering Vehicles up to 25,000 miles Loan at 4.00%, Scenic Community Credit UnionScenic Community Credit Union8171 E Brainerd Rd, Chattanooga, TN, 37421 4302A5.0 ★Texas Ratio: 12.48%Rate verified Nov 9, 2026 offering New and Used Vehicles Loan at 4.39%, Tennessee Valley Federal Credit UnionTennessee Valley Federal Credit Union535 Chestnut St, Chattanooga, TN, 37402A+5.0 ★Texas Ratio: 3.70%Rate verified Nov 7, 2026 offering New Cars & Trucks - Within 3 Most Recent Model Years and Less Than 25,000 Miles Loan at 4.64%, TRUST Federal Credit UnionTRUST Federal Credit Union2186 Northgate Park Ln, Chattanooga, TN, 37415 6911B4.5 ★Texas Ratio: 20.70%Rate verified Nov 7, 2026 offering New Automobiles (up to 25,000 miles) at 4.99%, EPB Employees Credit UnionEPB Employees Credit Union1500 McCallie Ave, Chattanooga, TN, 37404 2937C+4.1 ★Texas Ratio: 26.26%Rate verified Nov 8, 2026 offering New Vehicles (Cars, Trucks, Boats, & RVs) Auto Loan at 5.00%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
Chattanooga has 10 local institutions in our database, with auto loan rates as low as 4.00% APR from Chattanooga Federal Employees Credit Union at 2011 Stein Dr, Chattanooga, TN, 37421 1692. 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 Chattanooga, Tennessee. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in Chattanooga, Tennessee & Surrounding Area
Chattanooga Auto Loan Rates
As Low As; Rates subject to change daily; APR based on credit worthiness
As Low As; Rates subject to change daily; APR based on credit worthiness
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Rates subject to change daily; APR based on credit worthiness
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range 4.64% to 16.24%; Footnote 1: up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range: 4.64% to 16.24%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20264.64%▲ from 4.39%
- Sep 16, 20264.39%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; Up to 25,000 miles; Up to 135% of Retail
Up to 15,000 miles; Credit Score: 850-750
- Nov 8, 20265.00%▼ from 5.50%
- Oct 19, 20265.50%first recorded
As Low As; APR based on credit worthiness; Vehicles from 25,000 to 100,000 miles; See Loan Officer for vehicles over 100,000 miles
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Published APR range: 5.14% to 17.24%. Mileage: Within 3 most recent model years and less than 25,000 miles; Rates vary by member credit, collateral and term selected
- Oct 23, 20265.14%▲ from 4.89%
- Oct 15, 20264.89%first recorded
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range: 5.14% to 17.24%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20265.14%▲ from 4.89%
- Sep 16, 20264.89%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; APR based on credit worthiness; Vehicles from 25,000 to 100,000 miles; See Loan Officer for vehicles over 100,000 miles
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; Rates current as of 11/07/2026
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
Credit Score: 749-700; Up to 15,000 miles
Credit Score: 850-750; Up to 15,000 miles
As Low As; 84 month term available for vehicles valued at $30,000 and higher; Rates subject to change daily; APR based on credit worthiness
As Low As; Fixed-rate new car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
APR range: 5.64% to 17.24%; Mileage footnote 1: up to 135% of NADA Retail Value includes tax, tag, warranty; GAP may be added
Mileage: 25,000 - 99,999 miles; APR range: 5.64% to 17.24%; Up to 135% of NADA Retail Value includes tax, tag, warranty; GAP may be added
- Oct 23, 20265.64%▲ from 5.39%
- Sep 16, 20265.39%first recorded
As Low As; APR based on credit worthiness; Vehicles from 25,000 to 100,000 miles; See Loan Officer for vehicles over 100,000 miles
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Fixed-rate used car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
Mileage: Within 3 most recent model years and less than 25,000 miles; Requires invoice or NADA retail value over $12,500; APR range: 5.94% to 11.54%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20265.94%▲ from 5.69%
- Sep 16, 20265.69%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
Credit Score: 699-650; Up to 15,000 miles
Credit Score: 749-700; Up to 15,000 miles
Credit Score: 850-750; Model Year: 2024 -'20; Mileage: 25K miles or more
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Financing amount: $45,000; For online applicants with an excellent credit history
- Oct 31, 20266.09%▲ from 6.04%
- Oct 26, 20266.04%▼ from 6.24%
- Oct 14, 20266.24%first recorded
Financing amount: $30,000; For online applicants with an excellent credit history
- Oct 26, 20266.09%▼ from 6.29%
- Oct 14, 20266.29%first recorded
APR based on 60 months and $45,000 financing; for online applicants with excellent credit; new car purchase
- Oct 31, 20266.09%▼ from 6.24%
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
APR based on 60 months and $30,000 financing; for online applicants with excellent credit; used car purchase
- Oct 31, 20266.09%▼ from 6.29%
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
Published APR range: 6.14% to 17.99%. Mileage: 25,000 - 99,999 miles; Used Cars & Trucks; Footnote 1: finance up to 135% of NADA Retail Value including tax, tag, warranty; GAP may be added; 76-84 months requires invoice or NADA retail value greater than $12,500.00
Mileage: 25,000 - 99,999 miles; APR range: 6.14% to 17.99%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00
- Oct 23, 20266.14%▲ from 5.89%
- Sep 16, 20265.89%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $15,000.00
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Credit Score: 699-650; Up to 15,000 miles
Credit Score: 749-700; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 850-750; Model Year: 2024 -'20; Mileage: up to 25K miles
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Used Cars & Trucks; APR range 6.64% to 18%; footnote 2: up to 100% of NADA Retail Value or purchase price, whichever is less PLUS tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00
Mileage: Greater than 100,000 miles but less than 175,000 miles; APR range: 6.64% to 18%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP
- Oct 23, 20266.64%▲ from 6.39%
- Sep 16, 20266.39%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
As Low As; APR based on credit worthiness; 84 month term available for vehicles valued at $30,000 and higher; Vehicles from 25,000 to 100,000 miles; See Loan Officer for vehicles over 100,000 miles
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Rates current as of 11/07/2026
Mileage: 25,000 - 99,999 miles; APR range: 6.94% to 12.54%; Footnote 1: up to 135% of NADA Retail Value includes tax, tag, warranty; 76-84 months on used vehicles requires invoice or NADA retail value greater than $12,500.00
Mileage: 25,000 - 99,999 miles; APR range: 6.94% to 12.54%; Requires invoice or NADA retail value greater than $12,500.00
- Oct 23, 20266.94%▲ from 6.69%
- Sep 16, 20266.69%first recorded
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Credit Score: 699-650; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 749-700; Model Year: 2024 -'20; Mileage: up to 25K miles
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
APR range: 7.14% to 18%; Mileage: Greater than 100,000 miles but less than 175,000 miles; Footnote 2: up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00 (down payment at Credit Union discretion)
- Oct 23, 20267.14%▲ from 6.89%
- Oct 15, 20266.89%first recorded
Mileage: Greater than 100,000 miles but less than 175,000 miles; APR range: 7.14% to 18%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP
- Oct 23, 20267.14%▲ from 6.89%
- Sep 16, 20266.89%first recorded
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $15,000.00
As Low As; APR range 7.49%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 7.49%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; Rates current as of 11/07/2026
Credit Score: 699-650; Model Year: 2024 -'20; Mileage: up to 25K miles
As Low As; Rates current as of 11/07/2026
Credit Score: 850-750; Model Year: '19 -'15
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $30,000.00
As Low As; Rates current as of 11/07/2026
As Low As; APR range 7.99%-17.99%; Up to 100% NADA; as of 08/10/2023
As Low As; APR range 7.99%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 850-750; Model Year: '14 - '08
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Rates current as of 11/07/2026
Credit Score: 749-700; Model Year: '19 -'15
As Low As; APR range 8.29%-17.99%; Up to 100% NADA; as of 08/10/2023
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $30,000.00
As Low As; APR range 8.49%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 749-700; Model Year: '14 - '08
As Low As; below 80,000 miles
Credit Score: 699-650; Model Year: '19 -'15
Credit Score: 699-650; Model Year: '14 - '08
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Maximum Amount: up to 100% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 100% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; APR range 9.49%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 749-700; Model Year: '07 and older
Credit Score: 699-650; Model Year: '07 and older
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; above 80,000 miles
Credit Score: 649-600; Up to 15,000 miles
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Credit Score: 649-600; Up to 15,000 miles
Credit Score: 649-600; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 649-600; Model Year: 2024 -'20; Mileage: up to 25K miles
Credit Score: 649-600; Model Year: '19 -'15
Credit Score: 649-600; Model Year: '14 - '08
Credit Score: 649-600; Model Year: '07 and older
Credit Score: 599-500; Up to 15,000 miles
Credit Score: 599-500; Up to 15,000 miles
Credit Score: 599-500; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 599-500; Model Year: 2024 -'20; Mileage: up to 25K miles
Credit Score: 599-500; Model Year: '14 - '08
APR range: 3.15% - 9.15%; NEW vehicle: 25k miles or less, 3 model years or less
Published APR range: 3.25% - 14.75%. Model Years: 2017-2026
As Low As
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
Base rate range: 3.50% - 9.50%
Published APR range: 3.75% - 15.25%. Model Years: 2017-2026
As Low As; Amount: up to 120%; Pmt per $1,000: $16.58- $29.40
As Low As; Amount: up to 120%; Pmt per $1,000: $16.95- $29.40
As Low As; Model Year: 2026-2023; Credit Grade: A+; Actual rate is determined by credit score
As Low As
As Low As; New auto loan; No first payment for 90 days
APR range: 3.90% - 9.90%; NEW vehicle: 25k miles or less, 3 model years or less
APR range: 3.90% - 9.90%; 72 months on $20k+; NEW vehicle: 25k miles or less, 3 model years or less
As Low As; Starting at 3.95% APR
As Low As; NEW Auto Loan Rates
Lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
Lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
As Low As; Model Year: 2026-2023; Credit Grade: A+; Actual rate is determined by credit score
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
As Low As
Base rate range: 4.15% - 10.15%
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; Vehicle Year: 2025 & Newer
Published APR range: 4.25% - 15.75%. Model Years: 2017-2026
As Low As; Model Year: 2022-2020; Credit Grade: A+; Actual rate is determined by credit score
Luxury Only; Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Luxury auto: MSRP of $25,000 or < when vehicle was new; Rates based on Beacon score of 730 or higher
As Low As; New auto loan; No first payment for 90 days
As Low As; Used auto loan; No first payment for 90 days
Maximum Term; APR range 4.25% - 18%
- Oct 19, 20264.25%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; 125% of MSRP Retail Value. See Credit Union for limitations and more info
- Oct 30, 20264.25%▼ from 4.64%
- Oct 22, 20264.64%first recorded
As Low As; Vehicle Loans - New Auto
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; Vehicle Year: 2025 & Newer
As Low As; Fixed
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Motorized Vehicle Loan rates include a 0.50% discount with automatic payment from a PECU checking account; 73-84 month terms available for new and used vehicles within three model years or less
As Low As; 90% of Retail
As Low As; 90% of Retail; 501 - 15,000 Miles
As Low As; 90% of NADA Retail
As Low As
- Sep 29, 20264.49%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; APR/Rates Starting At*; Rates effective: October 19, 2026
Published APR range: 4.49%-12.50%. Daily Periodic Rate: 0.012% - 0.032%; Managed Credit Program: APR determined by credit worthiness
As Low As; 125% of MSRP Retail Value. See Credit Union for limitations and more info
- Oct 30, 20264.49%▼ from 4.54%
- Oct 22, 20264.54%first recorded
As Low As; Vehicle Loans - Used Auto**; Restrictions apply based upon model year
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; Model Year: 2022-2020; Credit Grade: A+; Actual rate is determined by credit score
As Low As; Model Year: 2026-2023; Credit Grade: A+; Actual rate is determined by credit score
Rates based on Beacon score of 730 or higher
Rates based on Beacon score of 730 or higher
As Low As; Used auto loan; No first payment for 90 days
As Low As; NEW Auto Loan Rates
As Low As; USED Auto Loan Rates
Credit Rating: A
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
As Low As; Vehicle Year: 2025 & Newer
As Low As; As low as 4.74% with member discount; Loan Rates effective Saturday, November 7, 2026
As Low As; As low as 4.74% with member discount; Loan Rates effective Saturday, November 7, 2026
As Low As; Fixed
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Variable rate on 72 mos; 72 mos available on loans over $10,000; lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
Published APR range: 4.75% - 16.25%. Model Years: 2017-2026
As Low As; Model Year: 2019-2016; Credit Grade: A+; Actual rate is determined by credit score
As Low As; Model Year: 2022-2020; Credit Grade: A+; Actual rate is determined by credit score
Luxury Only; Rates based on Beacon score of 730 or higher
Credit Grade: A (850-800)
As Low As; Rates as of 4/2/2026; $100 loan application fee applies
As Low As; 100% of Retail Value
Maximum Term; APR range 4.75% - 18%
- Oct 19, 20264.75%▲ from 4.50%
- Sep 14, 20264.50%first recorded
Maximum Term; APR range 4.75% - 18%
- Oct 19, 20264.75%▲ from 4.50%
- Sep 14, 20264.50%first recorded
As Low As; Auto rates are based on creditworthiness and age of collateral.
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
Chattanooga New Auto Auto Loan Rates
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Up to 25,000 miles; Up to 135% of Retail
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range 4.64% to 16.24%; Footnote 1: up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range: 4.64% to 16.24%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20264.64%▲ from 4.39%
- Sep 16, 20264.39%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; Up to 25,000 miles; Up to 135% of Retail
Up to 15,000 miles; Credit Score: 850-750
- Nov 8, 20265.00%▼ from 5.50%
- Oct 19, 20265.50%first recorded
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Published APR range: 5.14% to 17.24%. Mileage: Within 3 most recent model years and less than 25,000 miles; Rates vary by member credit, collateral and term selected
- Oct 23, 20265.14%▲ from 4.89%
- Oct 15, 20264.89%first recorded
Mileage: Within 3 most recent model years and less than 25,000 miles; APR range: 5.14% to 17.24%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20265.14%▲ from 4.89%
- Sep 16, 20264.89%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; Rates current as of 11/07/2026
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
Credit Score: 749-700; Up to 15,000 miles
Credit Score: 850-750; Up to 15,000 miles
As Low As; Fixed-rate new car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Up to 25,000 miles; Up to 135% of Retail
Mileage: Within 3 most recent model years and less than 25,000 miles; Requires invoice or NADA retail value over $12,500; APR range: 5.94% to 11.54%; Up to 135% of MSRP or NADA Retail, includes tax, tag, warranty; GAP Protection may be added; Proof of insurance required with $1,000 deductible
- Oct 23, 20265.94%▲ from 5.69%
- Sep 16, 20265.69%first recorded
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
Credit Score: 699-650; Up to 15,000 miles
Credit Score: 749-700; Up to 15,000 miles
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Financing amount: $45,000; For online applicants with an excellent credit history
- Oct 31, 20266.09%▲ from 6.04%
- Oct 26, 20266.04%▼ from 6.24%
- Oct 14, 20266.24%first recorded
APR based on 60 months and $45,000 financing; for online applicants with excellent credit; new car purchase
- Oct 31, 20266.09%▼ from 6.24%
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $15,000.00
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Credit Score: 699-650; Up to 15,000 miles
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
As Low As; Rates current as of 11/07/2026
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 6.99%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; APR range 7.49%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; APR range 7.49%-17.99%; APR up to 100% MSRP; as of 08/10/2023; new vehicles up to two years old with less than 25,000 miles
As Low As; Maximum Amount: up to 120% of MSRP or NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $30,000.00
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
New vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Credit Score: 649-600; Up to 15,000 miles
Credit Score: 649-600; Up to 15,000 miles
Credit Score: 599-500; Up to 15,000 miles
Credit Score: 599-500; Up to 15,000 miles
APR range: 3.15% - 9.15%; NEW vehicle: 25k miles or less, 3 model years or less
Published APR range: 3.25% - 14.75%. Model Years: 2017-2026
As Low As
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
Published APR range: 3.75% - 15.25%. Model Years: 2017-2026
As Low As; Amount: up to 120%; Pmt per $1,000: $16.58- $29.40
As Low As; New auto loan; No first payment for 90 days
APR range: 3.90% - 9.90%; NEW vehicle: 25k miles or less, 3 model years or less
APR range: 3.90% - 9.90%; 72 months on $20k+; NEW vehicle: 25k miles or less, 3 model years or less
As Low As; NEW Auto Loan Rates
Lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
Lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Rates based on Beacon score of 730 or higher
As Low As
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Refinance; New vehicles: 2025 and newer model years with under 7,500 miles or 7,500-30,000 miles
- Oct 20, 20264.19%▲ from 3.89%
- Sep 30, 20263.89%first recorded
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; Vehicle Year: 2025 & Newer
Published APR range: 4.25% - 15.75%. Model Years: 2017-2026
Luxury Only; Effective Date: July 22, 2026; New auto: never titled, less than 15,000 miles, one year old or less; Luxury auto: MSRP of $25,000 or < when vehicle was new; Rates based on Beacon score of 730 or higher
As Low As; New auto loan; No first payment for 90 days
Maximum Term; APR range 4.25% - 18%
- Oct 19, 20264.25%▲ from 4.00%
- Sep 14, 20264.00%first recorded
As Low As; 125% of MSRP Retail Value. See Credit Union for limitations and more info
- Oct 30, 20264.25%▼ from 4.64%
- Oct 22, 20264.64%first recorded
As Low As; Vehicle Loans - New Auto
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; Vehicle Year: 2025 & Newer
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; Motorized Vehicle Loan rates include a 0.50% discount with automatic payment from a PECU checking account; 73-84 month terms available for new and used vehicles within three model years or less
As Low As; 90% of Retail
As Low As; 90% of Retail; 501 - 15,000 Miles
As Low As; APR/Rates Starting At*; Rates effective: October 19, 2026
Published APR range: 4.49%-12.50%. Daily Periodic Rate: 0.012% - 0.032%; Managed Credit Program: APR determined by credit worthiness
As Low As; 125% of MSRP Retail Value. See Credit Union for limitations and more info
- Oct 30, 20264.49%▼ from 4.54%
- Oct 22, 20264.54%first recorded
As Low As; Final rate is based on credit worthiness and term of the loan.
- Sep 25, 20264.50%▼ from 4.59%
- Sep 14, 20264.59%first recorded
As Low As; NEW Auto Loan Rates
Credit Rating: A
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; Vehicle Year: 2025 & Newer
As Low As; As low as 4.74% with member discount; Loan Rates effective Saturday, November 7, 2026
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Variable rate on 72 mos; 72 mos available on loans over $10,000; lowest available rate; rate may be higher depending on credit score; new vehicle up to two years old with fewer than 15,000 miles
Published APR range: 4.75% - 16.25%. Model Years: 2017-2026
Credit Grade: A (850-800)
As Low As; Rates as of 4/2/2026; $100 loan application fee applies
As Low As; 100% of Retail Value
Maximum Term; APR range 4.75% - 18%
- Oct 19, 20264.75%▲ from 4.50%
- Sep 14, 20264.50%first recorded
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
Chattanooga Used Auto Auto Loan Rates
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
APR range: 5.64% to 17.24%; Mileage footnote 1: up to 135% of NADA Retail Value includes tax, tag, warranty; GAP may be added
Mileage: 25,000 - 99,999 miles; APR range: 5.64% to 17.24%; Up to 135% of NADA Retail Value includes tax, tag, warranty; GAP may be added
- Oct 23, 20265.64%▲ from 5.39%
- Sep 16, 20265.39%first recorded
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Up to 25,000 miles; Up to 135% of Retail
As Low As; Fixed-rate used car loan; 60-month option; as of Nov. 5, 2026; excludes additional BofA Rewards discount up to 0.50%
As Low As; Rates current as of 11/07/2026
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
Credit Score: 850-750; Model Year: 2024 -'20; Mileage: 25K miles or more
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%
Published APR range: 6.14% to 17.99%. Mileage: 25,000 - 99,999 miles; Used Cars & Trucks; Footnote 1: finance up to 135% of NADA Retail Value including tax, tag, warranty; GAP may be added; 76-84 months requires invoice or NADA retail value greater than $12,500.00
Mileage: 25,000 - 99,999 miles; APR range: 6.14% to 17.99%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00
- Oct 23, 20266.14%▲ from 5.89%
- Sep 16, 20265.89%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Credit Score: 749-700; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 850-750; Model Year: 2024 -'20; Mileage: up to 25K miles
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Used Cars & Trucks; APR range 6.64% to 18%; footnote 2: up to 100% of NADA Retail Value or purchase price, whichever is less PLUS tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00
Mileage: Greater than 100,000 miles but less than 175,000 miles; APR range: 6.64% to 18%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP
- Oct 23, 20266.64%▲ from 6.39%
- Sep 16, 20266.39%first recorded
As Low As; Rates current as of 11/07/2026
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; 25,001 miles to 99,999 miles; Up to 135% of Retail
As Low As; 125,001 miles to 150,000 miles; Up to 120% of Retail
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP
Mileage: 25,000 - 99,999 miles; APR range: 6.94% to 12.54%; Footnote 1: up to 135% of NADA Retail Value includes tax, tag, warranty; 76-84 months on used vehicles requires invoice or NADA retail value greater than $12,500.00
Mileage: 25,000 - 99,999 miles; APR range: 6.94% to 12.54%; Requires invoice or NADA retail value greater than $12,500.00
- Oct 23, 20266.94%▲ from 6.69%
- Sep 16, 20266.69%first recorded
As Low As; 100,000 miles to 125,000 miles; Up to 120% of Retail
Credit Score: 699-650; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 749-700; Model Year: 2024 -'20; Mileage: up to 25K miles
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
APR range: 7.14% to 18%; Mileage: Greater than 100,000 miles but less than 175,000 miles; Footnote 2: up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP; 61-72 months requires NADA retail value greater than $12,500.00 (down payment at Credit Union discretion)
- Oct 23, 20267.14%▲ from 6.89%
- Oct 15, 20266.89%first recorded
Mileage: Greater than 100,000 miles but less than 175,000 miles; APR range: 7.14% to 18%; Up to 100% of NADA Retail Value or purchase price, whichever is less, plus tax, tag, title and GAP
- Oct 23, 20267.14%▲ from 6.89%
- Sep 16, 20266.89%first recorded
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $15,000.00
As Low As; Rates current as of 11/07/2026
Credit Score: 699-650; Model Year: 2024 -'20; Mileage: up to 25K miles
As Low As; Rates current as of 11/07/2026
Credit Score: 850-750; Model Year: '19 -'15
As Low As; Rates current as of 11/07/2026
As Low As; APR range 7.99%-17.99%; Up to 100% NADA; as of 08/10/2023
As Low As; APR range 7.99%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 850-750; Model Year: '14 - '08
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Rates current as of 11/07/2026
Credit Score: 749-700; Model Year: '19 -'15
As Low As; APR range 8.29%-17.99%; Up to 100% NADA; as of 08/10/2023
As Low As; Maximum Amount: up to 120% of NADA retail including tax, tag, doc fees, warranty, and GAP; valued at more than $30,000.00
As Low As; APR range 8.49%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 749-700; Model Year: '14 - '08
As Low As; below 80,000 miles
Credit Score: 699-650; Model Year: '19 -'15
Credit Score: 699-650; Model Year: '14 - '08
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; Maximum Amount: up to 100% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; Maximum Amount: up to 100% of NADA retail including tax, tag, doc fees, warranty, and GAP
As Low As; APR range 9.49%-17.99%; Up to 100% NADA; as of 08/10/2023
Credit Score: 749-700; Model Year: '07 and older
Credit Score: 699-650; Model Year: '07 and older
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
As Low As; above 80,000 miles
Used vehicle; Rates valid as of 10/01/2026; Subject to credit approval
Credit Score: 649-600; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 649-600; Model Year: 2024 -'20; Mileage: up to 25K miles
Credit Score: 649-600; Model Year: '19 -'15
Credit Score: 649-600; Model Year: '14 - '08
Credit Score: 649-600; Model Year: '07 and older
Credit Score: 599-500; Model Year: 2024 -'20; Mileage: 25K miles or more
Credit Score: 599-500; Model Year: 2024 -'20; Mileage: up to 25K miles
Credit Score: 599-500; Model Year: '14 - '08
Published APR range: 3.25% - 14.75%. Model Years: 2017-2026
Base rate range: 3.50% - 9.50%
Published APR range: 3.75% - 15.25%. Model Years: 2017-2026
As Low As; Amount: up to 120%; Pmt per $1,000: $16.95- $29.40
As Low As
Base rate range: 4.15% - 10.15%
Published APR range: 4.25% - 15.75%. Model Years: 2017-2026
As Low As; Used auto loan; No first payment for 90 days
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 36 Months
- Oct 26, 20264.49%▲ from 4.24%
- Sep 14, 20264.24%first recorded
As Low As; 90% of NADA Retail
As Low As; APR/Rates Starting At*; Rates effective: October 19, 2026
As Low As; Vehicle Loans - Used Auto**; Restrictions apply based upon model year
Rates based on Beacon score of 730 or higher
Rates based on Beacon score of 730 or higher
As Low As; Used auto loan; No first payment for 90 days
As Low As; USED Auto Loan Rates
Credit Rating: A
As Low As
As Low As; As low as 4.74% with member discount; Loan Rates effective Saturday, November 7, 2026
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 48 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
As Low As; Up to 120% Financing on Approved Credit; Term (up to) 60 Months
- Oct 26, 20264.74%▲ from 4.49%
- Sep 14, 20264.49%first recorded
Published APR range: 4.75% - 16.25%. Model Years: 2017-2026
Luxury Only; Rates based on Beacon score of 730 or higher
As Low As; Rates as of 4/2/2026; $100 loan application fee applies
Maximum Term; APR range 4.75% - 18%
- Oct 19, 20264.75%▲ from 4.50%
- Sep 14, 20264.50%first recorded
Chattanooga, TN Auto Loan Rate Trends
Compare local Chattanooga, TN 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.
Tennessee new auto rates rose 0.034 points over the past 7 days to 5.136% APR.
Tennessee used auto rates rose 0.054 points over the past 7 days to 6.009% APR.
Chattanooga, TN 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 Tennessee 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 Tennessee 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 @ 5.14% APR TN average | Used Auto @ 6.01% APR TN average | Monthly Difference |
|---|---|---|---|
| $15,000 | $284.00/mo | $290.05/mo | $6.05/mo |
| $25,000 | $473.33/mo | $483.42/mo | $10.09/mo |
| $35,000 | $662.67/mo | $676.79/mo | $14.12/mo |
| $45,000 | $852.00/mo | $870.16/mo | $18.16/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 Chattanooga, Tennessee
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Chattanooga, Tennessee 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 Tennessee. 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 Chattanooga, Tennessee 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: Chattanooga, Tennessee CD rates lock in a guaranteed return until you’re ready to buy
Chattanooga, Tennessee Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $568 monthly car payment works out to roughly 17.0% of the median individual income in Chattanooga, Tennessee. 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 Chattanooga, Tennessee, 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 Chattanooga, Tennessee. We’ve prefilled the APR with today’s TN 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 Chattanooga, Tennessee 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 Chattanooga, Tennessee 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 Chattanooga, Tennessee. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in TN.
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 Chattanooga, Tennessee
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 Chattanooga, Tennessee
What are auto loan rates in Chattanooga, Tennessee today?
How does my credit score affect my car loan rate in Chattanooga, Tennessee?
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 Chattanooga, Tennessee?
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 Chattanooga, Tennessee?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Chattanooga, Tennessee?
- Chattanooga Federal Employees Credit Union: 4.00% (Vehicles up to 25,000 miles Loan)
- Scenic Community Credit Union: 4.39% (New and Used Vehicles Loan)
- Tennessee Valley Federal Credit Union: 4.64% (New Cars & Trucks - Within 3 Most Recent Model Years and Less Than 25,000 Miles Loan)
- TRUST Federal Credit Union: 4.99% (New Automobiles (up to 25,000 miles))
- EPB Employees Credit Union: 5.00% (New Vehicles (Cars, Trucks, Boats, & RVs) Auto Loan)
Chattanooga, Tennessee Rates & Resources
