Alabama Auto Loan Rate Trends
Track current and weekly average auto loan rates in Alabama, view interactive rate trend charts, and compare local AL aprs against the national average.
Current Alabama Auto Loan Rate Trends
Auto Loan rates in Alabama rose 0.090 this week, pushing the New Auto Loan average to 5.352%, up from 5.262% last week.
At 5.352%, Alabama’s average sits 0.466 below the current national average of 5.818%. AL borrowers may have a competitive advantage relative to the national market.
The Alabama auto loan rate averages on this page are calculated from 232 verified auto loan rate quotes collected across 51 banks and credit unions actively operating in Alabama. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Alabama Auto Loan Rate Trends Chart
Daily average rates since March 15, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.
Alabama auto loan rate averages compiled from 232 current rate quotes across 51 banks and credit unions operating in AL — updated daily.
As of Jul 16, 2026 • Data provided by MonitorBankRates.com
Historical Auto Loan Rate Trends in Alabama
Quarterly average rates at credit unions headquartered in Alabama, 1994–present. Different methodology from the daily chart above — this series reflects portfolio rates self-reported to NCUA each quarter.
Based on reporting credit unions in Alabama (latest quarter).
Source: MonitorBankRates.com analysis of NCUA Call Report data, 1994–present.
Quarterly weighted averages calculated from credit union rate filings, weighted by loan portfolio balance.
