Best New Auto Loan Rates — August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Finance Calculators
Top best new auto loan rates rates currently available include: Boulevard Federal Credit Union's New Car Loans at 1.99% APR, LONGSHOREMENS LOCAL 4's New vehicle Loan at 1.99% APR, Special Metals FCU's New Vehicles: 2020 - 2023 60 Months Loan at 1.99% APR, BELTON's New Vehicle Loan at 1.99% APR, and Mclennan County Employees Federal Credit Union's New Vehicles Loan at 2.00% APR. Rates as of Aug 28, 2026 per MonitorBankRates.
New auto loan rates are typically the most competitive in the auto lending market. Banks and credit unions offer their lowest APRs on new vehicles, making it an ideal time to compare lenders before visiting the dealership.
We display transparent financial health metrics — A–F Safety Grades, Star Ratings, and Texas Ratios — so you can confidently choose a stable, highly-rated institution for your vehicle loan.
Auto loan rates reflect verified offers from lenders actively lending to US borrowers. Last Updated: Aug 28, 2026
Compare New Auto Loan Rates
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply.
As low as
No additional details provided.
For all 1 yr. old or newer vehicles. Cars, trucks, RVs or tractors. Pending credit approval
As Low As; With Approved Credit
Tier A+
20 - 21
As Low As; With Approved Credit
Example: Vehicle's NADA Clean Retail Value is $25K and you finance only $20K on a new to 2 year old vehicle, (and the best credit score) THEN 2.25% APR, 60 months = Rate per $1,000 borrowed monthly factor is $17.65. A loan financing $20,000 would be a monthly payment of $353.16 before any add-ons, such as Credit Insurance, GAP+ADR or Extended Warranty.
As low as; Member's agreeing to pay their loans via electronic funds transfer may qualify for a 1/4 of 1% reduction in APR.
No additional details provided.
As Low As
As Low As; Fixed
Score: 700 and Up (Max $60,000 and Up)
Amount Down: 50%
50% Down
Credit Score: A++ 750+
No additional details provided.
Must add 1% to vehicles >100k miles. Must use J.D. Power retail on new 2019 models.
As Low As; Must add 1% to vehicles >100k miles Must use J.D. Power retail on new 2019 models
New Vehicle (2019 - 2022)
7 year term available for loans $40,000+ ONLY
100% Financing
80% Retail Value
Amount Down: 25%-49%
25%-49% Down
25%-49% Down
Credit Score: A+ 720-749
As low as 2.89%; 72 month term rates begin at 2.99%; Financing available up to 100% of value
100% Financing
No additional details provided.
A+ (800+)
As Low As
No additional details provided.
No additional details provided.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As
As Low As; 12-month Intro APR; Followed by APR* As Low As 4.75%
As low as; 2025 & newer
As Low As; With qualifying credit and direct deposit with automatic payment.
As Low As
As Low As; Rate is "as low as" and may change based on credit history, term, and other determining factors. The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. For additional terms, please contact our Lending department at 586-466-7800 opt. 3
As Low As; The "as low as" rate of 4.74% APR includes a 0.25% rate discount for Payment Protection coverage OR active checking with a full payroll direct deposit of $2,000 or more per month. Payment example: A fully protected loan of $20,000 at 4.74% APR would have a monthly payment of $597.12 for 36 months. Loan terms can be extended for Payment Protection. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender.
over $15,000; Must add 1% to vehicles >100k miles. Must use J.D. Power retail on new 2019 models.
over $15,000; As Low As; Must add 1% to vehicles >100k miles Must use J.D. Power retail on new 2019 models
New Vehicle (Cost over $15,000)
No additional details provided.
Rates below are based on a minimum credit score of 700.
Score: 700 and Up (Max $60,000 and Up)
Collateral Value: 100% LTV
Refinance Options Available
No additional details provided.
100% Retail Value
Amount Down: 25%-49%
0%-24% Down
0%-24% Down
25%-49% Down
No additional details provided.
Credit Score: A+ 720-749
Credit Score: A 700 & Up
As low as
over $25,000; Must add 1% to vehicles >100k miles. Must use J.D. Power retail on new 2019 models.
over $25,000; As Low As; Must add 1% to vehicles >100k miles Must use J.D. Power retail on new 2019 models
New Vehicle (Cost over $25,000)
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
Rates based on a FICO score 720 or above and subject to change. APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Fixed
As Low As; Minimum Financing of $10,000 for 60 Months
No additional details provided.
No additional details provided.
As Low As
Model Year: 2025 and newer
No additional details provided.
As Low As; Rate applies to 2023 - Newer models.
As low as
Rates as low as*
As low as
As low as
No additional details provided.
Score: 700 and Up (Max $60,000 and Up)
Finance up to 125% MSRP (new vehicles) or NADA (used vehicles)2; No prepayment penalties; Refinance existing Auto Loans for cash out or lower payments; Take a pre-approved loan to the dealer when you shop; Keys FCU is an ITIN-approved lender!
No additional details provided.
up to 100% financing
Amount Down: 25%-49%
0%-24% Down
25%-49% Down
No additional details provided.
Maximum Loan $55,000.00
As low as; New Vehicles
No additional details provided.
As low as
Credit Score: A+ 720-749
Rates shown include a 1.00% APR discount for members with an active direct deposit and a 0.25% APR discount for a 48-month loan term. Example payment: A $20,000 auto loan financed for 48 months at 3.25% APR would have an estimated monthly payment of $444.93. No payments up to 60 days are available on qualifying loans. Interest will continue to accrue during the no-payment period.
Your APR is determined by your credit qualifications.
No additional details provided.
100% Financing
Qualifications Required: Must provide a vehicle description, most recent two pays stubs, proof of rent or mortgage, maintain a $50.00 deposit balance, be a credit union member and demonstrate the capacity to repay the loan; SSCFCU will finance a new or used vehicle up to 90% of Kelley's Blue Book value. The vehicle must be less than 7 years old. You can borrow up to $40K for a new car or $35K for a used car. Application fee: $20.00
LTV: 125% LTV with GAP
No additional details provided.
As Low As
Rates Subject to Change. APR=Annual Percentage Rate. Rates Effective June 1, 2026.
No additional details provided.
No additional details provided.
No additional details provided.
As low as
Score: 700 and Up (Max $60,000 and Up)
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
No additional details provided.
As Low As
As Low As; Vehicles 2025 or newer, up to 72 month term - new cars only.
Special!
As Low As; See Auto Loan Rates for details.
No additional details provided.
As Low As; Minimum Financing of $15,000 for 72 Months
Auto (2024 & newer) 100% of NADA plus taxes and fees.
As Low As
Rates and terms are based on Excel FCU underwriting criteria, a $3,000 minimum and are subject to change without notice. Existing Excel FCU loans are ineligible for refinance. The discounted rate as low as 3.49% APR* is based on 3.99% APR* less 0.50% APR* with an Excel checking account in good standing with payroll direct deposit and automatic loan payments. The first payment is due within 90 days of loan disbursement. Interest continues to accrue. This offer is subject to change without notice. Rates effective 05/08/2026. For no payment for 90 days interest and payment will be added to end of loan term. Interest accrues from date of funding. The discounted annual percentage rate is based on a half percent less than the annual percentage rate loan rate you qualify for and requires an Excel checking account in good standing with payroll direct deposit and automatic loan payments. Rates and Terms based on Excel FCU underwriting criteria. Offer subject to change without notice. Minimum auto loan amount is $3,000. Existing loans with Excel are not eligible for this promotion.
Rate (APR)* as low as
As Low As
As Low As
As Low As; 2026-2025
Rates as of 4/01/2026 and are subject to change at any time. 4.99% APY is the standard preferred rate with a minimum 750 FICO and a 36-month term on a New Vehicle Loan. Excludes existing LLFCU auto loans. Subject to credit approval and membership eligibility. Some restrictions may apply. The rate quoted is the standard preferred rate plus 0.50% rate discount with direct deposit and 0.50% rate discount with automatic payment established, and 0.50% rate discount for direct SEG employers (see credit union for employer lists). Other terms and conditions may apply see Credit Union for details.
No additional details provided.
As Low As
No additional details provided.
As low as 3.49% APR*; Term: Up to 84 Months to payback Financing: 100% Subject to approval based on credit score. All interest rates are subject to change.
As Low As
As Low As
Months
As Low As
The rate includes a 0.25% discount for new and used vehicles financed with a loan-to-value (LTV) ratio of 80% or less, an additional 0.25% discount for vehicles with an extended warranty purchase through MPSCU and a discount of 0.25% for setting up automatic ACH payments.
No additional details provided.
As low as; Take a courtesy credit of 0.25%, if financed less than 36 months
See Details
As Low As;*
As Low As; For more information and to apply, please visit our Vehicle Loans page.
Rate listed is for a 36-month term. For longer term rates contact Credit Union.
Zero Down Payment
No additional details provided.
As Low As
Collateral Value: 100% LTV
Amount Down: 0%-24%
0%-24% Down
No additional details provided.
No additional details provided.
Loan rate starting at..., based on credit score.; Loyalty Discounts Available
No additional details provided.
Credit Score: A+ 720-749
As Low As
No additional details provided.
The APR shown reflects our best rate including discounts and may be different based on credit underwriting or services used. All rates are subject to change without notice.
APR as low as
Year: 2026-2027
Credit Score: A 700 & Up
Credit Score: A 700-above
Tier A+
20% Down
As low as
100% NADA Retail/MSRP
No additional details provided.
Tesla financing requires 20% equity; 100% MSRP for most based on credit worthiness.
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
As Low as
0.25% payroll deduction discount, 0.25% direct deposit discount.
0.25% payroll deduction discount, 0.25% direct deposit discount
Auto (2024 & newer) 100% of NADA plus taxes and fees.
No additional details provided.
No additional details provided.
No additional details provided.
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As; Rate includes auto-pay discount of .25%
As low as
As low as; Maximum: $150,000
No additional details provided.
No additional details provided.
As low as; will finance 100% up to 84 months
No additional details provided.
As Low As; Minimum Financing of $10,000 for 60 Months
No additional details provided.
No additional details provided.
As low as; New Autos (up to 100K)
as low as
No additional details provided.
As Low As; Rates based on term selected.
No additional details provided.
As Low As
ALL RATES SUBJECT TO CREDIT APPROVAL; The Annual Percentage Rates will vary depending on the loan length, credit score, and collateral value. Please contact the Lending Department for further information; Existing CCNCU loans are excluded from this rate
** Existing CCNCU loans are excluded from this rate
As Low As; Rate applies to 2023 - Newer models.
No additional details provided.
As Low As
Fewer than 7,500 miles
As low as
No additional details provided.
No additional details provided.
No additional details provided.
As Low As
Collateral Value: 100% LTV
No additional details provided.
As Low As; up to 120%
Up To 100% Financing
Minimum Invoice Amount: $30,000; Rates are as low as shown.
No additional details provided.
No additional details provided.
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply.
As Low As; $25.00 per loan fee. Interest must be paid monthly.
Displayed rates reflect a 0.25% discount with automatic transfer from your Nova UA checking account. If you choose not to set up automatic transfer, your rate will be 0.25% higher.
Displayed rates reflect a 0.25% discount with automatic transfer from your Nova UA checking account. If you choose not to set up automatic transfer, your rate will be 0.25% higher.
No additional details provided.
As low as
Credit Score: A 650-719
No additional details provided.
The APR shown reflects our best rate including discounts and may be different based on credit underwriting or services used. All rates are subject to change without notice.
APR as low as
As Low As
Year: 2026-2027
Tier A
Rates are based on credit score and term of loan. 72-84 month financing applies to loan amounts greater than $25,000. 84 month financing will require GAP Insurance. VEHICLE PURCHASES ONLY AND NADA VALUE MUST SUPPORT SALES PRICE. MAXIMUM TERM IS 3 YEARS. Vehicle loans currently financed at Partnership Financial Credit Union are not eligible to refinance for the lower rate at Partnership Financial Credit Union. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans are subject to approval.
No additional details provided.
No additional details provided.
No additional details provided.
Tesla financing requires 20% equity; 100% of Retail Value for most based on credit worthiness.
No additional details provided.
LTV: 125% LTV with GAP
As Low As
As Low as
As low as
No additional details provided.
Rates may vary based on credit worthiness. $29.43 per thousand borrowed.
As Low As
As Low As; SPECIALS!
As Low As; depending on loan amount
As Low As;*
No additional details provided.
0.25% payroll deduction discount, 0.25% direct deposit discount.
0.25% payroll deduction discount, 0.25% direct deposit discount
Great Rates on New Auto Loans!
Annual Percentage Rate (APR) as low as*
As Low as
As low as
Rates as low as*
100% Financing
No additional details provided.
No additional details provided.
No additional details provided.
As Low As; For a limited time only. Rates determined by past credit performance. Must have an open Share Account to qualify.
Up to retail value
20% Down
As Low As; Vehicle rates shown above reflect a discount of .75% discount for setting up a direct deposit of at least 50% of gross monthly wages into a Community Choice checking account and an automatic monthly payment coming from a Community Choice checking account. Rates and approval subject to credit score and collateral analysis. Rates and terms subject to change without notice. Certain restrictions apply. Inquire for details.
As low as; Rates apply to 2019 or newer models if conditions are met. Rates and terms are based on creditworthiness and subject to change. Additional conditions may apply. See credit union for details.
As Low As; *
No additional details provided.
No additional details provided.
No additional details provided.
A (720-799)
A+ (800+)
As Low As
Fixed. Your rate will be based on your credit score at the time the loan is requested.
As low as
No additional details provided.
As Low As; Rate ranges above represent the lowest to highest rate available for the model year and term under normal underwriting guidelines. Possible 0.25% rate discount is available, depending on your credit score, for loans with a loan-to-value ratio under 80%. Total maximum rate discount is 0.25%. All auto loan rates, including promotional rates and discounts are subject to a 4.89% minimum APR for new autos.
As low as; Maximum: $150,000
No additional details provided.
As Low As; *
As Low As*
As Low As
No additional details provided.
90% Financing
No additional details provided.
No additional details provided.
As Low As
As Low As
No additional details provided.
As Low As; New or used vehicle up to 36 months.
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
2025 & 2026
Sample monthly payment for a loan of $20,000 and a term of 72 months at 3.99% APR would be approximately $312.81. All rates and promotions subject to change without notice. Your actual rate and payment amount may be different as determined by your collateral, term, loan amount and credit qualifications.
With credit score of 700 and above
No additional details provided.
No Payments for up to 90 Days; Rates advertised are best available for vehicles that are three years old or newer and that have less than 125,000 miles. Excludes Cargo Vans, for Van Conversions refer to RV Loan Rates.
No additional details provided.
As Low As; OAC
Special Rates
No additional details provided.
No additional details provided.
No additional details provided.
No additional details provided.
0% down
Rates are for a limited time only, and certain restrictions apply. Please check with the Loan Department for details.
No additional details provided.
No additional details provided.
Auto (2024 & newer) 100% of NADA plus taxes and fees.
As Low As
As Low As
Rate (APR)* as low as
As low as; Minimum of $1,000 loan
No additional details provided.
No additional details provided.
No additional details provided.
As Low As*
As low as; New vehicles/recreational vehicles can be financed for up to 100% of the sales price and used vehicles/recreational vehicles can be financed for up to 100% of the NADA value. Various rates and terms are available. If you are in the market for a new vehicle, we offer preapprovals. Call or visit one of our Financial Service Representatives to discuss your options. Once you determine the payment you can afford, and terms that are favorable for you, you can confidently start shopping. We also offer indirect loans originated at the car dealership. You can purchase your vehicle and finance your loan from the credit union all at the same time. Click here for a list of participating dealers. Vehicle year 2023 and newer (the vehicle has never been titled other than with dealer) 100% of purchase price maximum loan amount with 84 months is $25,000 Collision and comprehensive insurance required Debt Protection available GAP protection available Route 66 mechanical breakdown protection is available
New Auto Loan Rate Trends
Daily average APRs for new vehicle financing
Auto loan rate data from our database of 8,500+ banks and credit unions — updated daily.
New Auto Loan rates rose 0.117 points over the past 7 days to 5.866% APR, up from 5.749% last week.
Frequently Asked Questions about New Auto Loan Rates
What are the best new auto loan rates right now?
Why are new car loan rates lower than used?
Should I get pre-approved before visiting a dealership?
What credit score do I need for a good new car loan rate?
How does loan term affect a new car loan?
Top New Auto Loan Rates
- Boulevard Federal Credit Union: 1.99% APR (New Car Loans)
- LONGSHOREMENS LOCAL 4: 1.99% APR (New vehicle Loan)
- Special Metals FCU: 1.99% APR (New Vehicles: 2020 - 2023 60 Months Loan)
- BELTON: 1.99% APR (New Vehicle Loan)
- Mclennan County Employees Federal Credit Union: 2.00% APR (New Vehicles Loan)
Rates & Resources
Search New Auto Loan Rates by State
