Illinois Best Auto Loan Rates - September 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current auto loan rates in Illinois include SIU Credit UnionSIU Credit Union1175 E Main St, Carbondale, IL, 62901 3126A+5.0 ★Texas Ratio: 4.87% offering Auto Loans at 2.50%, Polish And Slavic Federal Credit UnionPolish And Slavic Federal Credit Union1141 Mount Prospect Plz, Mount Prospect, IL, 60056A+5.0 ★Texas Ratio: 1.36% offering New Auto Loan at 2.99%, Chicago Firefighters Credit UnionChicago Firefighters Credit Union6230 S Central Ave, Chicago, IL, 60638A+5.0 ★Texas Ratio: 0.13% offering New Vehicle Loan at 3.00%, ABD Federal Credit UnionABD Federal Credit Union892 BELVIDERE RD, BELVIDERE, IL, 61008 9302A+5.0 ★Texas Ratio: 2.42% offering New and Used Auto Loans at 3.25%, Western Springs Federal Credit UnionWestern Springs Federal Credit Union810 Hillgrove Ave, Western Springs, IL, 60558A+5.0 ★Texas Ratio: 0.93% offering New Car Loan at 3.25%. Auto loan rates as of September 21, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare auto loan rates across Illinois side-by-side. Illinois auto loan rates currently start as low as 2.50% APR from SIU Credit Union at 1175 E Main St, Carbondale, IL, 62901 3126. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Illinois. Auto Loan Rates Last Updated and Verified: September 21, 2026
Compare Auto Loan Rates Today in Illinois
Illinois Auto Loan Rates
As Low As*
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Credit Score: A 700 & Up
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Maximum Loan $55,000.00
Term: Ranges between 36 months and 72 months depending on the age of the vehicle; Published APR range: 3.251% - 16.001%. Application fee: $20.00; 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. 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.
As Low As;*
As Low As; Model Year: 2025-2026
As Low As
Term: 1-72 month finance period; Same year or following year & never before titled
Same year or following year & never before titled
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700 & Up
Credit Score: A 700-above
20% Down
As Low As; loan value over $15,000
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
APR as low as
APR as low as
APR as low as
APR as low as
APR as low as
as low as; Loan Term
Model Year: NEW
Model Years 2024-2026
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
APR as low as
As Low As;*
As Low As; Model Year: 2025-2026
As Low As
Up to retail value
20% Down
NADA Trade-in Value
Model Year: 2024 - Newer
Model Year: 2024 - Newer
As Low As; Rate shown is valid as of August 05, 2026. Rate of 3.99% APR is for credit qualifying members for 60 month loans for 2024 or newer vehicles. Rate and terms are subject to creditworthiness, vehicle eligibility, loan amount, direct deposit, and other underwriting requirements. Other rates and terms may apply. 1.00% APR discount with qualifying direct deposit. No payments for 90 days.
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As Low As; Rate includes up to 48 month term on 2024 and newer purchases & discounts for Auto Withdrawal .50% APR and SOCU primary checking account .50% APR: Additional .50% APR discount may apply with ScoreCard point redemption of equal points to amount of loan financed. "90 Day No Pay" is not eligible for the skip a payment program until 12 monthly payments have been made and interest will continue to accrue until a payment has been made. In some cases, based on the size of your balance, the interest which accrues may be greater than the amount of your next payment. It may take several months to begin to reduce your principle balance. Limited time offer.
APR* as low as
As low as
APR*
Rates effective as of 12/01/2023
With Auto Buying Service**
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
*ADD 1% EXTRA FOR BOATS ~NO DOWN PAYMENT REQUIRED*
*ADD 1% EXTRA FOR BOATS ~NO DOWN PAYMENT REQUIRED~
Your destination for new and used car loans.
As Low As
Actual rate based on credit history, income, vehicle model year, mileage and other factors. Rates include discount of 0.25% APR when you set up an automatic payment to pay your loan each month.
As Low As
Published APR range: 3.99%-6.98%.
Published APR range: 3.99% to 14.99%. Vehicles 5 years and older add 2.00% to each tier. Rates are subject to change. Please contact Financial Partners Credit Union for current rate and eligibility details.
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: A 700-above
As Low As
As Low As; loan value over $15,000
Model Year: 2025, 2026, 2027
As Low As
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
As Low As
as low as; Loan Term
Model Year: NEW
Vehicle Year(s): 2024, '25, '26 & '27 Models; As Low As
Vehicle Year(s): 2024, '25, '26 & '27 Models; As Low As
Vehicle Year(s): 2024, '25, '26 & '27 Models; As Low As
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
Listed rates include .10% member relationship discount and .25% automatic payment discount. To qualify for the relationship discount, you must have a Central Credit Union checking account, real estate loan, vehicle loan or Visa Platinum at the time you disburse your vehicle loan. To qualify for the automatic payment discount, your vehicle loan payment must be automatically deducted from a Central Credit Union checking account each month. Other terms are available at higher rates. APR may vary based on term and creditworthiness. At the listed rates, the credit union will finance up to 110% of the NADA retail value for used vehicles for qualified members. Loans are repayable in equal monthly installments over the term of the loan. Refinances not valid for existing Central Credit Union loans. Secretary of State retitling fee will be added to the loan balance of members who refinance with loans less than $10,000. To take advantage of listed rates, you must apply by November 30, 2026 and disburse your loan by December 15, 2026.
As low as
As Low As;*
Loan-to-Value: 90%
Loan-to-Value: 90%
Credit Grade: A
Credit Grade: A+
As Low As
As Low As
Published APR range: 4.24%-7.49%.
Credit Score: C 550-624
Model Years 2020-2023
Model Years 2024-2026
Model Year: 2024 - 2023
Vehicle Year 2025 and newer
As Low As
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Maximum Loan $55,000.00
Rates listed are PFCU's prime rates. Individual rates may vary based on credit score. Rates listed below for Vehicle Loans, Other Secured Loans, Equipment Secured Loans, Signature/Personal Loans and Second Mortgages Loans reflect the 1 point reduction in the APR given to members with Direct Deposit into a PFCU Premier Checking account. Member Direct Deposit discounts exclude Share Secured Loans, Visa Cards, HELOCs and First Mortgage Products. These rates are as listed below. APR - Annual Percentage Rate Rates are current as of 11/01/2024 and are subject to change without notice. Loans are subject to credit approval and borrower qualifications. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
Rates listed are PFCU's prime rates. Individual rates may vary based on credit score. Rates listed below for Vehicle Loans, Other Secured Loans, Equipment Secured Loans, Signature/Personal Loans and Second Mortgages Loans reflect the 1 point reduction in the APR given to members with Direct Deposit into a PFCU Premier Checking account. Member Direct Deposit discounts exclude Share Secured Loans, Visa Cards, HELOCs and First Mortgage Products. These rates are as listed below. APR - Annual Percentage Rate Rates are current as of 11/01/2024 and are subject to change without notice. Loans are subject to credit approval and borrower qualifications. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
APR as low as
APR as low as
APR as low as
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As Low As; Model Year: 2025-2026
As Low As;*
Model Year: 2021 - 2023
Model Year: 2021 - 2023
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As low as
As Low As; Loan to Value: 100%
APR*
Minimum Loan Amount: $1,000
Minimum Loan Amount: $20,001
Minimum Loan Amount: $1,000
Minimum Loan Amount: $20,001
As Low As; Not all buyers will qualify. Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
Model Year: 2026 - 2025
Model Year: 2024 - Newer
Model Year: New 2026-2025; APR* as low as; 72 month financing applies to vehicles $20,000 or more.
Model Year: Used 2025-2023; APR* as low as; 72 month financing applies to vehicles $20,000 or more.
As Low As; Rate assumes loan to value of 100% or less and term of 60 months or less. Not all borrowers will qualify for the lowest interest rate.
As low as; Rate includes discounts for platinum checking and automatic payment.
APR* as low as
2019 or older add 2% to rate
Without Auto Buying Service
With Auto Buying Service**
Vehicle purchase or vehicles purchased within the last 6 months; Vehicle refinancing is ineligible (exception: vehicle was purchased less than 6 months ago); Vehicle must be 2022 or newer; 680 minimum credit score; Have or open a BVNB deposit account; Automatic payment from BVNB deposit account; All standard underwriting rules apply; Eligible Professions*: Active/Retired Military Veterans EMS Personnel Teachers Nurses/Doctors Firefighters Police Officers; Offer valid on vehicle purchases. Refinanced vehicles will qualify if purchased in the last 6 months. Vehicle must be model 2022 or newer. Eligible professionals are active or retired military, veterans, first responders, medical professionals, teachers. Documentation of line of work required. Minimum credit score 680 and standard underwriting applies. Actual annual percentage rate (APR) may be different based on other factors. Maximum loan term 72 months. Payment example: A 60-month $25,000 fixed-rate secured auto loan at 4.49% APR has a monthly payment of $465.98. Auto pay from BVNB account is required. This rate offer can be removed at any time without notice.
Term: 1-72 month finance period; Used-all other vehicles
Used-all other vehicles
As Low As*
As low as
Published APR range: 4.49%-8.74%.
Minimum Loan Amount: $10,000
Loan-to-Value: 90%
Loan-to-Value: 90%
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: A 700-above
Credit Score: B 640-699
Up to 120% of Retail
Up to retail value
20% Down
NADA trade-in value
Up to retail value
NADA Trade-in Value
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
As Low As
Model Year: 2022 - 2021
Vehicle Year 2022-2024
As Low As
Credit Grade: B
Credit Grade: A
Credit Grade: A+
Rate: 4.500%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As
As Low As
Model Year: NEW
Model Year: 2021-2026
New 2026, 2025
New 2026, 2025
Illinois New Auto Auto Loan Rates
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Credit Score: A 700 & Up
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Maximum Loan $55,000.00
Term: Ranges between 36 months and 72 months depending on the age of the vehicle; Published APR range: 3.251% - 16.001%. Application fee: $20.00; 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. 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.
As Low As;*
As Low As; Model Year: 2025-2026
As Low As
Term: 1-72 month finance period; Same year or following year & never before titled
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
20% Down
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
APR as low as
APR as low as
APR as low as
APR as low as
APR as low as
as low as; Loan Term
Model Year: NEW
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
APR as low as
As Low As;*
As Low As; Model Year: 2025-2026
Up to retail value
20% Down
As Low As; Rate shown is valid as of August 05, 2026. Rate of 3.99% APR is for credit qualifying members for 60 month loans for 2024 or newer vehicles. Rate and terms are subject to creditworthiness, vehicle eligibility, loan amount, direct deposit, and other underwriting requirements. Other rates and terms may apply. 1.00% APR discount with qualifying direct deposit. No payments for 90 days.
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As low as
Rates effective as of 12/01/2023
*ADD 1% EXTRA FOR BOATS ~NO DOWN PAYMENT REQUIRED*
*ADD 1% EXTRA FOR BOATS ~NO DOWN PAYMENT REQUIRED~
As Low As
Actual rate based on credit history, income, vehicle model year, mileage and other factors. Rates include discount of 0.25% APR when you set up an automatic payment to pay your loan each month.
Published APR range: 3.99%-6.98%.
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: B 640-699
As Low As
Model Year: 2025, 2026, 2027
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
As Low As
as low as; Loan Term
Model Year: NEW
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As Low As; Vehicle Year(s): 2024, '25, '26 & '27 Models
As low as
Loan-to-Value: 90%
Loan-to-Value: 90%
As Low As
Published APR range: 4.24%-7.49%.
Credit Score: C 550-624
As Low As
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Maximum Loan $55,000.00
Rates listed are PFCU's prime rates. Individual rates may vary based on credit score. Rates listed below for Vehicle Loans, Other Secured Loans, Equipment Secured Loans, Signature/Personal Loans and Second Mortgages Loans reflect the 1 point reduction in the APR given to members with Direct Deposit into a PFCU Premier Checking account. Member Direct Deposit discounts exclude Share Secured Loans, Visa Cards, HELOCs and First Mortgage Products. These rates are as listed below. APR - Annual Percentage Rate Rates are current as of 11/01/2024 and are subject to change without notice. Loans are subject to credit approval and borrower qualifications. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
APR as low as
APR as low as
APR as low as
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As Low As; Model Year: 2025-2026
New 2026, 2025: 10% down
New 2026, 2025: 10% down
As low as
As Low As; Loan to Value: 100%
Minimum Loan Amount: $1,000
Minimum Loan Amount: $20,001
As Low As; Not all buyers will qualify. Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
Model Year: 2026 - 2025
Model Year: New 2026-2025; APR* as low as; 72 month financing applies to vehicles $20,000 or more.
As Low As; Rate assumes loan to value of 100% or less and term of 60 months or less. Not all borrowers will qualify for the lowest interest rate.
As low as; Rate includes discounts for platinum checking and automatic payment.
As Low As*
As low as
Published APR range: 4.49%-8.74%.
Minimum Loan Amount: $10,000
Loan-to-Value: 90%
Loan-to-Value: 90%
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Up to 120% of Retail
Up to retail value
20% Down
Model Year: NEW
New 2026, 2025
New 2026, 2025
Illinois Used Auto Auto Loan Rates
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Term: Ranges between 36 months and 72 months depending on the age of the vehicle; Published APR range: 3.251% - 16.001%. Application fee: $20.00; 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. 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.
Credit Score: A 700 & Up
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
APR as low as
APR as low as
APR as low as
APR as low as
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
APR as low as
As Low As
NADA Trade-in Value
APR*
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Rate: 3.990%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As
Published APR range: 3.99%-6.98%.
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
APR as low as
Listed rates include .10% member relationship discount and .25% automatic payment discount. To qualify for the relationship discount, you must have a Central Credit Union checking account, real estate loan, vehicle loan or Visa Platinum at the time you disburse your vehicle loan. To qualify for the automatic payment discount, your vehicle loan payment must be automatically deducted from a Central Credit Union checking account each month. Other terms are available at higher rates. APR may vary based on term and creditworthiness. At the listed rates, the credit union will finance up to 110% of the NADA retail value for used vehicles for qualified members. Loans are repayable in equal monthly installments over the term of the loan. Refinances not valid for existing Central Credit Union loans. Secretary of State retitling fee will be added to the loan balance of members who refinance with loans less than $10,000. To take advantage of listed rates, you must apply by November 30, 2026 and disburse your loan by December 15, 2026.
As Low As
Published APR range: 4.24%-7.49%.
Model Year: 2024 - 2023
All rates are based on 725 credit score; Auto rates range from 3.25% - 15.50%; Amount and rate are subject to credit score, seniority, job stability and any other factors determined by credit committee.
Rates listed are PFCU's prime rates. Individual rates may vary based on credit score. Rates listed below for Vehicle Loans, Other Secured Loans, Equipment Secured Loans, Signature/Personal Loans and Second Mortgages Loans reflect the 1 point reduction in the APR given to members with Direct Deposit into a PFCU Premier Checking account. Member Direct Deposit discounts exclude Share Secured Loans, Visa Cards, HELOCs and First Mortgage Products. These rates are as listed below. APR - Annual Percentage Rate Rates are current as of 11/01/2024 and are subject to change without notice. Loans are subject to credit approval and borrower qualifications. Rates, terms and conditions are subject to change and vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
APR as low as
APR as low as
APR as low as
APR*
Minimum Loan Amount: $1,000
Minimum Loan Amount: $20,001
As Low As; Not all buyers will qualify. Actual rate based on credit worthiness and age of vehicle. Some restrictions apply. For example, a $20,000 loan for a term of 36 months with a 4.49% APR would have a monthly payment amount of $618.90 fully protected. Other rates and terms available. All loans subject to approval. Current NuMark Credit Union auto loans are not eligible for a refinance. Rates subject to change without notice.
Model Year: Used 2025-2023; APR* as low as; 72 month financing applies to vehicles $20,000 or more.
2019 or older add 2% to rate
Term: 1-72 month finance period; Used-all other vehicles
As Low As*
As low as
Published APR range: 4.49%-8.74%.
Credit Score: A 700 & Up
Credit Score: B 625-699
Credit Score: A 700-above
Credit Score: B 640-699
NADA trade-in value
Up to retail value
NADA Trade-in Value
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Please note rates quoted are the lowest rate available. The rate you will receive on your loan will be determined by your credit score and may be higher. All rates are subject to change without notice.
Model Year: 2022 - 2021
As Low As
Rate: 4.500%; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Model Year: 2021-2026
Illinois Auto Loan Rate Trends
Compare local Illinois 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.
Illinois new auto rates rose 0.519 points over the past 7 days to 5.797% APR.
Illinois used auto rates rose 0.389 points over the past 7 days to 6.391% APR.
Illinois 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 Illinois 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 Illinois 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 @ 5.80% APR IL average | Used Auto @ 6.39% APR IL average | Monthly Difference |
|---|---|---|---|
| $15,000 | $288.58/mo | $292.72/mo | $4.15/mo |
| $25,000 | $480.96/mo | $487.87/mo | $6.91/mo |
| $35,000 | $673.34/mo | $683.02/mo | $9.68/mo |
| $45,000 | $865.73/mo | $878.17/mo | $12.45/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 Illinois
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Illinois 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 Illinois. 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 Illinois 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: Illinois CD rates lock in a guaranteed return until you’re ready to buy
Illinois Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $577 monthly car payment works out to roughly 14.3% of the median individual income in Illinois. Most budgeting guidelines suggest keeping total vehicle costs (payment, insurance, fuel, and maintenance) under 15–20% of take-home pay.
Auto Financing Options Compared
An auto loan isn’t the only way to finance a vehicle in Illinois, 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 1–3 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 (0–2.9% 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 Illinois. We’ve prefilled the APR with today’s IL 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 Illinois 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 Illinois 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 Illinois. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in IL.
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.
Frequently Asked Questions about Auto Loans in Illinois
How does my credit score affect my car loan rate in Illinois?
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 Illinois?
Why are used car loan rates higher than new car rates?
Can I refinance my auto loan if rates drop or my credit improves?
What are the best Auto Loan rates in Illinois?
- SIU Credit Union: 2.50% (Auto Loans)
- Polish And Slavic Federal Credit Union: 2.99% (New Auto Loan)
- Chicago Firefighters Credit Union: 3.00% (New Vehicle Loan)
- ABD Federal Credit Union: 3.25% (New and Used Auto Loans)
- Western Springs Federal Credit Union: 3.25% (New Car Loan)
Auto Loan Rates by City in Illinois
