Portsmouth, Virginia Best Auto Loan Rates for November 2026
Brian McKay
Brian McKay
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Portsmouth, Virginia auto loan rates range from 2.99% to 18.00% APR, verified by MonitorBankRates as of November 9, 2026. Current auto loan rates in Portsmouth, Virginia include Navy Federal Credit UnionNavy Federal Credit Union5627 West High St, Portsmouth, VA, 23703A5.0 ★Texas Ratio: 8.14%Rate verified Nov 5, 2026 offering MissionAssistTM Auto - New Auto Loan at 4.19%, Chartway Credit UnionChartway Credit Union801 Crawford St, Portsmouth, VA, 23704 3822A5.0 ★Texas Ratio: 10.30%Rate verified Nov 5, 2026 offering Auto Loan - New 2026 (6,000 miles or less) at 4.65%, ABNB Federal Credit UnionABNB Federal Credit Union4000 Coast Guard Blvd, Portsmouth, VA, 23703A+5.0 ★Texas Ratio: 5.45%Rate verified Nov 7, 2026 offering Vehicle Loan at 4.99%, BayPort Credit UnionBayPort Credit Union1241 Frederick Blvd, Portsmouth, VA, 23707A+5.0 ★Texas Ratio: 4.37%Rate verified Nov 8, 2026 offering Vehicle Loan - New 2025+ Under 10,000 Miles at 4.99%, Summit Hampton Roads Federal Credit UnionSummit Hampton Roads Federal Credit Union3636 High St, Portsmouth, VA, 23707A5.0 ★Texas Ratio: 10.16%Rate verified Nov 7, 2026 offering Autos and Motorcycles at 5.00%. Auto loan rates as of November 9, 2026 according to verified data from MonitorBankRates.
Portsmouth has 8 local institutions in our database, with auto loan rates as low as 4.19% APR from Navy Federal Credit Union at 5627 West High St, Portsmouth, VA, 23703. 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 Portsmouth, Virginia. Auto Loan Rates Last Updated and Verified: November 9, 2026
Compare Auto Loan Rates Today in Portsmouth, Virginia & Surrounding Area
Portsmouth Auto Loan Rates
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; 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; 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; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.65%▲ from 4.40%
- Oct 14, 20264.40%first recorded
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.65%▲ from 4.40%
- Oct 14, 20264.40%first recorded
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.75%▲ from 4.50%
- Oct 14, 20264.50%first recorded
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.75%▲ from 4.50%
- Oct 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
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; APR varies according to credit history of applicant(s)
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0137% to 0.0493%
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
Financing: 80%; Credit Grade: A
As Low As; Rates as low as 5.00% APR for up to 60 months; APR depends on creditworthiness; get pre-approved before talking to a dealer
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; APR varies according to credit history of applicant(s)
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0139% to 0.0493%
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; APR varies according to credit history of applicant(s)
As Low As; Minimum Loan Amount: $20,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.39%▲ from 5.14%
- Oct 14, 20265.14%first recorded
As Low As; Minimum Loan Amount: $20,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.39%▲ from 5.14%
- Oct 14, 20265.14%first recorded
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0148% to 0.0493%
As Low As; **72+ months over $20,000; APR varies according to credit history of applicant(s)
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0150% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0150% to 0.0493%
Financing: 100%; Credit Grade: A
- Oct 15, 20265.50%▲ from 5.00%
- Sep 21, 20265.00%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 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; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; 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; APR up to 17.99%; Daily Periodic Rate: 0.0161% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0164% to 0.0493%
Financing: 80%; Credit Grade: B
- Oct 15, 20266.00%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 80%; Credit Grade: A
Financing amount: $45,000; For online applicants with an excellent credit history
- Oct 31, 20266.09%▲ from 6.04%
- Oct 26, 20266.04%▼ from 6.24%
- Oct 14, 20266.24%first recorded
Financing amount: $30,000; For online applicants with an excellent credit history
- Oct 26, 20266.09%▼ from 6.29%
- Oct 14, 20266.29%first recorded
APR based on 60 months and $45,000 financing; for online applicants with excellent credit; new car purchase
- Oct 31, 20266.09%▼ from 6.24%
- Oct 2, 20266.24%▲ from 6.14%
- Sep 27, 20266.14%▲ from 6.04%
- Sep 18, 20266.04%▲ from 5.94%
APR based on 60 months and $30,000 financing; for online applicants with excellent credit; used car purchase
- Oct 31, 20266.09%▼ from 6.29%
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
As Low As; Minimum Loan Amount: $25,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20266.09%▲ from 5.84%
- Oct 14, 20265.84%first recorded
As Low As; Minimum Loan Amount: $25,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20266.09%▲ from 5.84%
- Oct 14, 20265.84%first recorded
As Low As; Auto rates eligible for discount with automatic payments
As Low As; Advertised APR assumes excellent credit; New vehicles (2025 and newer, under 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0175% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0175% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0178% to 0.0493%
Financing: 100%; Credit Grade: B
- Oct 15, 20266.50%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 100%; Credit Grade: A
- Oct 15, 20266.50%▲ from 6.00%
- Sep 21, 20266.00%first recorded
As Low As; **84 months over $30,000; APR varies according to credit history of applicant(s)
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0189% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0192% to 0.0493%
Financing: 80%; Credit Grade: B
- Oct 15, 20267.00%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 80%; Credit Grade: A
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0202% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0202% to 0.0493%
As Low As; Rates as of Nov 05, 2026 ET
As Low As; Rates as of Nov 05, 2026 ET
Financing: 100%; Credit Grade: B
- Oct 15, 20267.50%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 100%; Credit Grade: A
- Oct 15, 20267.50%▲ from 7.00%
- Sep 21, 20267.00%first recorded
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
Financing: 80%; Credit Grade: B
- Oct 15, 20268.00%▲ from 7.00%
- Sep 21, 20267.00%first recorded
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0230% to 0.0493%
Financing: 100%; Credit Grade: B
- Oct 15, 20268.50%▲ from 7.00%
- Sep 21, 20267.00%first recorded
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $25,000 minimum amount financed
As Low As; Rates as of Nov 05, 2026 ET; $30,000 minimum amount financed
Financing: 80%; Credit Grade: C
- Oct 15, 202612.00%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 100%; Credit Grade: C
- Oct 15, 202612.50%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 80%; Credit Grade: C
- Oct 15, 202613.00%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 100%; Credit Grade: C
- Oct 15, 202613.50%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 80%; Credit Grade: C
- Oct 15, 202614.00%▲ from 7.00%
- Sep 21, 20267.00%first recorded
Financing: 100%; Credit Grade: C
- Oct 15, 202614.50%▲ from 7.00%
- Sep 21, 20267.00%first recorded
Financing: 80%; Credit Grade: D
- Oct 15, 202615.50%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 100%; Credit Grade: D
- Oct 15, 202616.00%▲ from 5.00%
- Sep 21, 20265.00%first recorded
Financing: 80%; Credit Grade: D
- Oct 15, 202616.50%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 100%; Credit Grade: D
- Oct 15, 202617.00%▲ from 6.00%
- Sep 21, 20266.00%first recorded
Financing: 80%; Credit Grade: D
- Oct 15, 202617.50%▲ from 7.00%
- Sep 21, 20267.00%first recorded
Financing: 100%; Credit Grade: D
- Oct 15, 202618.00%▲ from 7.00%
- Sep 21, 20267.00%first recorded
APR range: 2.99% - 18% APR
As Low As; Model Year: 2025 and newer; APR range: 3.24% - 13.99%; Rates as of 10/1/2026
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
APR range: 3.50-9.25%; Advance: 100% NADA Retail/MSRP
As Low As; Maximum loan amount: $150,000; APR as low as 3.74% if eligible for all possible discounts
As Low As; Vehicle Loans
As Low As
As Low As; Vehicle Loans; TrueCar car-buying service rate; APR as low as 3.74%
As Low As
As Low As; Model Year: 2019-2024; APR range: 3.74 - 15.99%
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
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: 2025 & Newer; Auto Loans
- Oct 14, 20263.84%▲ from 3.64%
- Sep 22, 20263.64%first recorded
As Low As; Maximum loan amount: $150,000; APR as low as 3.99% if eligible for all possible discounts
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $147.61; If eligible for all possible discounts
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
As Low As; No first payment for 90 days; Financing available for members residing overseas; Rate includes .25% automatic payment and direct deposit discount; Rates effective November 1, 2026
Term: Fixed up to 48 months; As Low As; Rate is determined by your credit history and the loan term
Term: Fixed up to 60 months; As Low As; Rate is determined by your credit history and the loan term
As Low As; Minimum of $1,000 loan; Rates effective as of 11/1/2026
Rate based on creditworthiness and term of loan
Model Year: 2022 - Newer; Term printed as "Up to 36"; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
As Low As; Model Year: 2025 and newer; APR range: 3.99% - 14.49%; Rates as of 10/1/2026
As Low As; APR up to 15.00%; Rates effective: January 29, 2026
As Low As; APR up to 16.00%; Rates effective: January 29, 2026
As Low As; Approximate Payment Example: $368.27 (borrow $20,000 for 60 months)
As Low As; Approximate Payment Example: $368.27 (borrow $20,000 for 60 months)
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
Published APR range: 4.20% - 14.75%. APR range; Rates Effective 09/01/2026; New is defined as not previously titled
As Low As; New Vehicles
As Low As; Maximum loan amount: $150,000; APR as low as 4.24% if eligible for all possible discounts
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $113.45; If eligible for all possible discounts
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
Daily Periodic Rate: .0116
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
APR range: 4.25% - 17.75%; Vehicle Loans
As Low As; Approximate Payment Example: $315.58 (borrow $20,000 for 72 months)
As Low As; Approximate Payment Example: $315.58 (borrow $20,000 for 72 months)
As Low As; Vehicle & Vehicle Equity Loans - New Vehicles
As Low As; Model Year: 2025 & Newer; Auto Loans
- Oct 14, 20264.34%▲ from 4.14%
- Sep 22, 20264.14%first recorded
Model Year: 2020 - Present; Risk Based APR
As Low As; Vehicle & Vehicle Equity Loans - New Vehicles
As Low As; Vehicle & Vehicle Equity Loans - Used Vehicles
Percent of Financing: 100%; Maximum Amount: $100,000; *Includes taxes, tags & extended warranties
- Oct 29, 20264.45%▲ from 4.20%
- Sep 14, 20264.20%first recorded
As Low As; Maximum loan amount: $150,000; APR as low as 4.49% if eligible for all possible discounts
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $93.21; If eligible for all possible discounts
As Low As; Minimum loan of $5,000
- Oct 26, 20264.49%▲ from 4.24%
- Sep 18, 20264.24%first recorded
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
- Nov 2, 20264.49%▲ from 4.29%
- Sep 16, 20264.29%first recorded
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
- Nov 2, 20264.49%▲ from 4.29%
- Sep 16, 20264.29%first recorded
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Actual rate varies by applicant's credit rating and loan term; Posted rates for existing members
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Actual rate varies by applicant's credit rating and loan term; Posted rates for existing members
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Actual rate varies by credit rating and loan term
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Actual rate varies by credit rating and loan term
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Model Year: 2019-2024; APR range: 4.49 - 16.24%
As Low As; 125% MSRP or NADA including tax, title, registration; Vehicles up to 5 years old; APR is minimum offered and subject to credit approval
As Low As; Rates effective 11/1/2026; loan to value of 100% or less; not all borrowers will qualify for the lowest rate
As Low As; Effective August 1, 2026; Payment example $436.43 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $297.42 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $227.99 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $186.38 (based on $10,000)
Model Year 2021-2025; APR range: 4.49% - 12.49%; Rate based on creditworthiness
APR range: 4.50-10.25%; Advance: 100% NADA Retail
APR range: 4.50-10.00%; Loan minimum: $20,000; Advance: 100% NADA Retail/MSRP
Vehicle Type: New; APR range: 4.50 to 12.00%; Rate based on creditworthiness
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
As Low As; Vehicle & Vehicle Equity Loans - Used Vehicles
As Low As; New Vehicles
As Low As; Minimum of $1,000 loan
- Nov 7, 20264.59%▲ from 4.24%
- Sep 12, 20264.24%first recorded
As Low As; Fixed APR; Financing up to 135% of NADA Retail Value; Minimum
As Low As; Model Years: 2025-2027; Minimum loan amount: No Minimum; Online application required for as low as rate
As Low As; Loan Amount: $2,500+
As Low As; Loan Amount: $2,500+
Percent of Financing: 100%; Maximum Amount: $100,000; *Includes taxes, tags & extended warranties
- Oct 29, 20264.70%▲ from 4.40%
- Sep 14, 20264.40%first recorded
As Low As; Maximum loan amount: $150,000; APR as low as 4.74% if eligible for all possible discounts
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $79.99; If eligible for all possible discounts
As Low As; Minimum loan of $5,000
- Oct 26, 20264.74%▲ from 4.49%
- Sep 18, 20264.49%first recorded
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Vehicle Loans; 61-72 month financing available for automobiles over $20,000
As Low As
As Low As; Vehicle Loans; TrueCar car-buying service rate; 61-72 month financing available for automobiles over $20,000
As Low As
APR includes .25% autopay discount and .25% discount for B+ and higher credit scores with 80% LTV; 4.74% is the minimum APR offered
As Low As; Rate depends on model year; Listed rate includes .25% autopay discount and .25% discount for B+ and higher credit scores with 80% LTV; 4.74% is the minimum APR offered
Collateral: 100% of MSRP/NADA Value; Maximum APR: 13.74%
- Oct 23, 20264.74%▼ from 13.74%
- Sep 21, 202613.74%first recorded
Term: Terms from 12 to 84-months; As Low As; Rates as low as 4.74% APR; Interest rates on new car loans kept as low as possible
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
Lowest rate listed assumes top tier credit and all available discounts with our Discount Program. Rates Effective Date: November 1, 2026.
As Low As; Model Year: 2025 and newer; APR range: 4.74% - 15.24%; Rates as of 10/1/2026
As Low As; Model Years 2015 and Newer
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
As Low As; 125% MSRP or NADA including tax, title, registration; Vehicles up to 5 years old; APR is minimum offered and subject to credit approval
New and Used Auto Loans; Rates vary based on credit and loan term
To qualify, vehicle must not be over 8 years old. Older vehicles may be financed at 8.75% APR for a maximum of three years. Rate based on creditworthiness and term of loan.
APR range: 4.75% - 17.75%; Vehicle Loans
As Low As; Vehicle age: 0 - 1 year
- Nov 3, 20264.75%▲ from 4.49%
- Oct 5, 20264.49%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; Used Vehicles
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
As Low As; Approximate Payment Example: $280.74 (borrow $20,000 for 84 months)
As Low As; Approximate Payment Example: $280.74 (borrow $20,000 for 84 months)
Portsmouth New Auto Auto Loan Rates
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; 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; 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; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.65%▲ from 4.40%
- Oct 14, 20264.40%first recorded
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.75%▲ from 4.50%
- Oct 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
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; APR up to 17.99%; Daily Periodic Rate: 0.0137% to 0.0493%
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Rates as low as 5.00% APR for up to 60 months; APR depends on creditworthiness; get pre-approved before talking to a dealer
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0139% to 0.0493%
As Low As; Minimum Loan Amount: $20,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.39%▲ from 5.14%
- Oct 14, 20265.14%first recorded
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0150% to 0.0493%
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; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; New and late model used vehicles (2025 and newer model years) with 30,000 or fewer miles; Credit and collateral subject to approval
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0164% to 0.0493%
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; Minimum Loan Amount: $25,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20266.09%▲ from 5.84%
- Oct 14, 20265.84%first recorded
As Low As; Auto rates eligible for discount with automatic payments
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; APR up to 17.99%; Daily Periodic Rate: 0.0192% to 0.0493%
As Low As; Advertised APR assumes excellent credit; Minimum loan amount $30,000 for 84-96 months; Terms over 84 months only for vehicles with fewer than 7,500 miles; New vehicles (2025 and newer, under 30,000 miles); Rates as of Nov 05, 2026 ET
As Low As; New Vehicles: 2025 and newer model years with (a) under 7,500 miles, or (b) between 7,500 and 30,000 miles (late model used vehicles); Minimum loan amount is $30,000 for terms of 85-96 months; Rates as of Nov 05, 2026 ET
APR range: 2.99% - 18% APR
As Low As; Model Year: 2025 and newer; APR range: 3.24% - 13.99%; Rates as of 10/1/2026
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
APR range: 3.50-9.25%; Advance: 100% NADA Retail/MSRP
As Low As; Maximum loan amount: $150,000; APR as low as 3.74% if eligible for all possible discounts
As Low As; Vehicle Loans
As Low As
As Low As; Vehicle Loans; TrueCar car-buying service rate; APR as low as 3.74%
As Low As
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
As Low As; Amount: up to 120%; Pmt per $1,000: $16.58- $29.40
As Low As; Maximum loan amount: $150,000; APR as low as 3.99% if eligible for all possible discounts
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
As Low As; No first payment for 90 days; Financing available for members residing overseas; Rate includes .25% automatic payment and direct deposit discount; Rates effective November 1, 2026
As Low As; Minimum of $1,000 loan; Rates effective as of 11/1/2026
Rate based on creditworthiness and term of loan
Model Year: 2022 - Newer; Term printed as "Up to 36"; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
As Low As; Model Year: 2025 and newer; APR range: 3.99% - 14.49%; Rates as of 10/1/2026
As Low As; APR up to 15.00%; Rates effective: January 29, 2026
As Low As; APR up to 16.00%; Rates effective: January 29, 2026
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
Published APR range: 4.20% - 14.75%. APR range; Rates Effective 09/01/2026; New is defined as not previously titled
As Low As; New Vehicles
As Low As; Maximum loan amount: $150,000; APR as low as 4.24% if eligible for all possible discounts
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
Daily Periodic Rate: .0116
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
APR range: 4.25% - 17.75%; Vehicle Loans
As Low As; Vehicle & Vehicle Equity Loans - New Vehicles
As Low As; Vehicle & Vehicle Equity Loans - New Vehicles
Percent of Financing: 100%; Maximum Amount: $100,000; *Includes taxes, tags & extended warranties
- Oct 29, 20264.45%▲ from 4.20%
- Sep 14, 20264.20%first recorded
As Low As; Maximum loan amount: $150,000; APR as low as 4.49% if eligible for all possible discounts
As Low As; Minimum loan of $5,000
- Oct 26, 20264.49%▲ from 4.24%
- Sep 18, 20264.24%first recorded
As Low As; Minimum loan $5,000; Maximum loan $150,000
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
- Nov 2, 20264.49%▲ from 4.29%
- Sep 16, 20264.29%first recorded
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
- Nov 2, 20264.49%▲ from 4.29%
- Sep 16, 20264.29%first recorded
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Actual rate varies by applicant's credit rating and loan term; Posted rates for existing members
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Actual rate varies by applicant's credit rating and loan term; Posted rates for existing members
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; 125% MSRP or NADA including tax, title, registration; Vehicles up to 5 years old; APR is minimum offered and subject to credit approval
As Low As; Rates effective 11/1/2026; loan to value of 100% or less; not all borrowers will qualify for the lowest rate
As Low As; Effective August 1, 2026; Payment example $436.43 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $297.42 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $227.99 (based on $10,000)
As Low As; Effective August 1, 2026; Payment example $186.38 (based on $10,000)
Model Year 2021-2025; APR range: 4.49% - 12.49%; Rate based on creditworthiness
APR range: 4.50-10.00%; Loan minimum: $20,000; Advance: 100% NADA Retail/MSRP
Vehicle Type: New; APR range: 4.50 to 12.00%; Rate based on creditworthiness
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
As Low As; New Vehicles
As Low As; Fixed APR; Financing up to 135% of NADA Retail Value; Minimum
As Low As; Model Years: 2025-2027; Minimum loan amount: No Minimum; Online application required for as low as rate
As Low As; Loan Amount: $2,500+
Percent of Financing: 100%; Maximum Amount: $100,000; *Includes taxes, tags & extended warranties
- Oct 29, 20264.70%▲ from 4.40%
- Sep 14, 20264.40%first recorded
As Low As; Maximum loan amount: $150,000; APR as low as 4.74% if eligible for all possible discounts
As Low As; Minimum loan of $5,000
- Oct 26, 20264.74%▲ from 4.49%
- Sep 18, 20264.49%first recorded
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Vehicle Loans; 61-72 month financing available for automobiles over $20,000
As Low As
As Low As; Vehicle Loans; TrueCar car-buying service rate; 61-72 month financing available for automobiles over $20,000
As Low As
APR includes .25% autopay discount and .25% discount for B+ and higher credit scores with 80% LTV; 4.74% is the minimum APR offered
Collateral: 100% of MSRP/NADA Value; Maximum APR: 13.74%
- Oct 23, 20264.74%▼ from 13.74%
- Sep 21, 202613.74%first recorded
Term: Terms from 12 to 84-months; As Low As; Rates as low as 4.74% APR; Interest rates on new car loans kept as low as possible
Model Year: 2022 - Newer; Lowest rate assumes top tier credit and all available discounts with Discount Program; Rates Effective Date: November 1, 2026
As Low As; Model Year: 2025 and newer; APR range: 4.74% - 15.24%; Rates as of 10/1/2026
As Low As; Model Years 2015 and Newer
As Low As; Rate/APR as low as; Auto rates effective 02/24/2025
As Low As; 125% MSRP or NADA including tax, title, registration; Vehicles up to 5 years old; APR is minimum offered and subject to credit approval
New and Used Auto Loans; Rates vary based on credit and loan term
As Low As; Vehicle age: 0 - 1 year
- Nov 3, 20264.75%▲ from 4.49%
- Oct 5, 20264.49%▲ from 3.99%
- Sep 14, 20263.99%first recorded
As Low As; Maximum loan-to-value of 110% without GAP; 125% with GAP added
Portsmouth Used Auto Auto Loan Rates
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.65%▲ from 4.40%
- Oct 14, 20264.40%first recorded
As Low As; Minimum Loan Amount: No minimum; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20264.75%▲ from 4.50%
- Oct 14, 20264.50%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Minimum Loan Amount: $15,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.00%▲ from 4.75%
- Oct 14, 20264.75%first recorded
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; Minimum Loan Amount: $20,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20265.39%▲ from 5.14%
- Oct 14, 20265.14%first recorded
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0148% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0150% to 0.0493%
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 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; APR up to 17.99%; Daily Periodic Rate: 0.0161% to 0.0493%
Financing amount: $30,000; For online applicants with an excellent credit history
- Oct 26, 20266.09%▼ from 6.29%
- Oct 14, 20266.29%first recorded
APR based on 60 months and $30,000 financing; for online applicants with excellent credit; used car purchase
- Oct 31, 20266.09%▼ from 6.29%
- Oct 2, 20266.29%▲ from 6.19%
- Sep 27, 20266.19%▲ from 6.09%
- Sep 18, 20266.09%▲ from 5.99%
As Low As; Minimum Loan Amount: $25,000; Rates shown not available in VA, NC, UT, NV, and TX
- Oct 31, 20266.09%▲ from 5.84%
- Oct 14, 20265.84%first recorded
As Low As; Auto rates eligible for discount with automatic payments
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0175% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0175% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0178% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0189% to 0.0493%
As Low As; Advertised APR assumes excellent credit; Used vehicles (2024 and older model years or over 30,000 miles); Preapprovals good for 90 days; Exclusive rate discount for Active Duty and retired military; Rates as of Nov 05, 2026 ET
As Low As; Used Vehicles: 2024 and older model years or any model year with over 30,000 miles; Rates as of Nov 05, 2026 ET
As Low As; 2024 and older model years or any model year with over 30,000 miles; Credit and collateral subject to approval
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0202% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0202% to 0.0493%
As Low As; APR up to 17.99%; Daily Periodic Rate: 0.0230% to 0.0493%
APR range: 3.50-9.25%; Advance: 100% NADA Retail/MSRP
As Low As; Model Year: 2019-2024; APR range: 3.74 - 15.99%
As Low As; Amount: up to 120%; Pmt per $1,000: $16.95- $29.40
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $147.61; If eligible for all possible discounts
As Low As; No first payment for 90 days; Financing available for members residing overseas; Rate includes .25% automatic payment and direct deposit discount; Rates effective November 1, 2026
As Low As; APR up to 15.00%; Rates effective: January 29, 2026
As Low As; APR up to 16.00%; Rates effective: January 29, 2026
As Low As; Approximate Payment Example: $368.27 (borrow $20,000 for 60 months)
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
Published APR range: 4.20% - 14.75%. APR range; Rates Effective 09/01/2026; New is defined as not previously titled
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $113.45; If eligible for all possible discounts
As Low As; Approximate Payment Example: $315.58 (borrow $20,000 for 72 months)
As Low As; Vehicle & Vehicle Equity Loans - Used Vehicles
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $93.21; If eligible for all possible discounts
As Low As; Rates effective November 1, 2026; APR includes .25% automatic payment and direct deposit discount
As Low As; Actual rate varies by credit rating and loan term
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Actual rate varies by credit rating and loan term
- Oct 29, 20264.49%▲ from 4.34%
- Oct 15, 20264.34%▲ from 4.24%
- Oct 13, 20264.24%▼ from 4.34%
- Sep 17, 20264.34%first recorded
As Low As; Model Year: 2019-2024; APR range: 4.49 - 16.24%
APR range: 4.50-10.00%; Loan minimum: $20,000; Advance: 100% NADA Retail/MSRP
Rates based on credit worthiness. Not all applicants will qualify for the lowest loan rate.
As Low As; Vehicle & Vehicle Equity Loans - Used Vehicles
As Low As; Minimum of $1,000 loan
- Nov 7, 20264.59%▲ from 4.24%
- Sep 12, 20264.24%first recorded
As Low As; Loan Amount: $2,500+
As Low As; Maximum loan amount: $75,000; Estimated monthly payment as low as $79.99; If eligible for all possible discounts
As Low As; Rate depends on model year; Listed rate includes .25% autopay discount and .25% discount for B+ and higher credit scores with 80% LTV; 4.74% is the minimum APR offered
Lowest rate listed assumes top tier credit and all available discounts with our Discount Program. Rates Effective Date: November 1, 2026.
As Low As; Model Years 2015 and Newer
To qualify, vehicle must not be over 8 years old. Older vehicles may be financed at 8.75% APR for a maximum of three years. Rate based on creditworthiness and term of loan.
APR range: 4.75% - 17.75%; Vehicle Loans
As Low As; Used Vehicles
As Low As; Approximate Payment Example: $280.74 (borrow $20,000 for 84 months)
Portsmouth, VA Auto Loan Rate Trends
Compare local Portsmouth, VA 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.
Virginia new auto rates fell 0.011 points over the past 7 days to 5.175% APR.
Virginia used auto rates rose 0.002 points over the past 7 days to 5.826% APR.
Portsmouth, VA 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 Virginia 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 Virginia 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 @ 5.18% APR VA average | Used Auto @ 5.83% APR VA average | Monthly Difference |
|---|---|---|---|
| $15,000 | $284.27/mo | $288.78/mo | $4.50/mo |
| $25,000 | $473.79/mo | $481.30/mo | $7.51/mo |
| $35,000 | $663.30/mo | $673.82/mo | $10.51/mo |
| $45,000 | $852.82/mo | $866.33/mo | $13.51/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 Portsmouth, Virginia
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Portsmouth, Virginia 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 Virginia. 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 Portsmouth, Virginia 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: Portsmouth, Virginia CD rates lock in a guaranteed return until you’re ready to buy
Portsmouth, Virginia Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $569 monthly car payment works out to roughly 17.0% of the median individual income in Portsmouth, Virginia. 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 Portsmouth, Virginia, 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 Portsmouth, Virginia. We’ve prefilled the APR with today’s VA 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 Portsmouth, Virginia 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 Portsmouth, Virginia 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 Portsmouth, Virginia. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in VA.
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 Portsmouth, Virginia
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 Portsmouth, Virginia
What are auto loan rates in Portsmouth, Virginia today?
How does my credit score affect my car loan rate in Portsmouth, Virginia?
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 Portsmouth, Virginia?
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 Portsmouth, Virginia?
What is the average car loan rate for bad credit?
What are the best Auto Loan rates in Portsmouth, Virginia?
- Navy Federal Credit Union: 4.19% (MissionAssistTM Auto - New Auto Loan)
- Chartway Credit Union: 4.65% (Auto Loan - New 2026 (6,000 miles or less))
- ABNB Federal Credit Union: 4.99% (Vehicle Loan)
- BayPort Credit Union: 4.99% (Vehicle Loan - New 2025+ Under 10,000 Miles)
- Summit Hampton Roads Federal Credit Union: 5.00% (Autos and Motorcycles)
Portsmouth, Virginia Rates & Resources
