Illinois Auto Loan Rate Trends
Track current and weekly average auto loan rates in Illinois, view interactive rate trend charts, and compare local IL aprs against the national average.
Current Illinois Auto Loan Rate Trends
Auto Loan rates in Illinois rose 0.126 this week, pushing the New Auto Loan average to 5.069%, up from 4.942% last week.
At 5.069%, Illinois’s average sits 0.915 below the current national average of 5.984%. IL borrowers may have a competitive advantage relative to the national market.
The Illinois auto loan rate averages on this page are calculated from 1,210 verified auto loan rate quotes collected across 130 banks and credit unions actively operating in Illinois. Our proprietary systems collect and verify rates daily, tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Illinois Auto Loan Rate Trends Chart
Daily average rates since April 13, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.
Illinois auto loan rate averages compiled from 1,210 current rate quotes across 130 banks and credit unions operating in IL, updated daily.
As of Oct 14, 2026 • Data provided by MonitorBankRates.com
Historical Auto Loan Rate Trends in Illinois
Quarterly average rates at credit unions headquartered in Illinois, 1994 to 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 Illinois (latest quarter).
Source: MonitorBankRates.com analysis of NCUA Call Report data, 1994 to present.
Quarterly weighted averages calculated from credit union rate filings, weighted by loan portfolio balance.
