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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.

New Auto Loan
5.460%
▲ 0.116 this week
As of Apr 23, 2026
Used Auto Loan
6.149%
▲ 0.015 this week
As of Apr 23, 2026

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Current Illinois Auto Loan Rate Trends

Auto Loan rates in Illinois rose 0.116 this week, pushing the New Auto Loan average to 5.460%, up from 5.344% last week.

At 5.460%, Illinois’s average sits 0.247 below the current national average of 5.707%. IL borrowers may have a competitive advantage relative to the national market.

The Illinois auto loan rate averages on this page are calculated from 708 verified auto loan rate quotes collected across 104 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 March 15, 2026. State data shown where available; national average used as fallback. Hover to see exact rates.

Illinois auto loan rate averages compiled from 708 current rate quotes across 104 banks and credit unions operating in IL — updated daily.

As of Apr 23, 2026 • Data provided by MonitorBankRates.com

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Free embeddable iframe widget displaying live weekly average Illinois auto loan rates. Updates automatically each week. Compatible with any CMS or website builder.