Your loan’s interest rate is a major factor in your overall loan cost—which is why researching and shopping around to find the best auto loan rate is a good idea. When buying a car, in addition to interest rates, you’ll also want to consider lender fees, loan amounts, turnaround time and minimum credit score requirements. We’ve compiled a list of eight lenders that currently offer the best auto loan rates for both new and used cars.

The following lenders were evaluated based on a number of factors including their loans costs, such as their starting annual percentage rates (APRs) as of July 1, 2022, eligibility requirements and customer reviews. Keep in mind that the exact loan terms and pricing you receive will depend on your personal financial profile. Estimates here are based on starting rates and minimum loan requirements of each lender. Check with the lender on whether certain discount points are offered in their rate.