Indianapolis, Indiana 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 Indianapolis, Indiana include Chicagos Bravest Credit UnionChicagos Bravest Credit Union9449 Priority Way West Dr, Indianapolis, IN, 46240A+5.0 ★Texas Ratio: 1.80% offering New Vehicle Loan at 3.50%, Clifty Creek Employees Federal Credit UnionClifty Creek Employees Federal Credit Union8440 Allison Pointe Blvd Ste 400, Indianapolis, IN, 46250 5661A+5.0 ★Texas Ratio: 0.00% offering 2023 - Newer Vehicle 5 Year Term Loan at 3.75%, FedEx Employees Credit Association Federal Credit UnionFedEx Employees Credit Association Federal Credit Union6311 Airway Dr Ste 100, Indianapolis, IN, 46241 6400A+5.0 ★Texas Ratio: 3.71% offering NEW Auto Loan at 4.40%, Hoosier United Credit UnionHoosier United Credit Union1828 N Meridian St Ste 102, Indianapolis, IN, 46202 1452A+5.0 ★Texas Ratio: 1.47% offering New Vehicle Loan at 4.75%, Centra Credit UnionCentra Credit Union4562 N Shadeland Ave, Indianapolis, IN, 46226 3835A+5.0 ★Texas Ratio: 4.26% offering Autos, Trucks, Vans, Motorcycles - 2025 - 2027 at 4.99%. Auto loan rates as of September 22, 2026 according to verified data from MonitorBankRates.
Indianapolis has 12 local institutions in our database, with auto loan rates as low as 3.50% APR from Chicagos Bravest Credit Union at 9449 Priority Way West Dr, Indianapolis, IN, 46240. Use the tabs below to compare new and used auto loan rates. Rates are continually updated, so we recommend checking back frequently.
Auto loan rates reflect recent market quotes and representative offers available to borrowers in Indianapolis, Indiana. Auto Loan Rates Last Updated and Verified: September 22, 2026
Compare Auto Loan Rates Today in Indianapolis, Indiana & Surrounding Area
Indianapolis Auto Loan Rates
Credit Score: A 700-above
As Low As; $25.00 per loan fee. Interest must be paid monthly.
Credit Grade: A
Credit Score: A 700-above
Credit Score: B 640-699
Credit Grade: A
Rates as low as:
Credit Grade: B
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Loan Rates quoted above are limited to A+ credit tiers only at 48 month financing. Higher rates may apply based on credit worthiness and based on term selection and amount financed compared to equity. New Auto is consider current and next model year, and the prior 2 model years if vehicle under 30,000 miles. To determine if your auto qualifies for new auto rate, or for a custom quote please contact the office.
Rates as low as:
Rates as low as:
Published APR range: 4.99-13.94%. Year: 2025 - 2027
Credit Grade: B
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
Published APR range: 5.19-14.09%. Year: 2025 - 2027
As Low As; $25.00 per loan fee. Interest must be paid monthly.
Tier: A
Credit Grade: C
Published APR range: 5.29-14.09%. Year: 2023 - 2024
As Low As; rates as low as 5.29%***
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Published APR range: 5.44-14.94%. Year: 2020 - 2022
Published APR range: 5.44-15.19%. Year: 2020 - 2022
Published APR range: 5.44-14.19%. Year: 2023 - 2024
Max Amount: 125% of Retail Value; Model Year: 2026 (& 2025)
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
Additional APR listed for this product: 8.00%, 10.50%. Loan Rates quoted above are limited to A+ credit tiers only at 48 month financing. Higher rates may apply based on credit worthiness and based on term selection and amount financed compared to equity.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
As Low As; rates as low as 5.59%***
Published APR range: 5.64-9.29%. Year: 2025 - 2027
Tier: A
Credit Grade: C
Year(s): 2024; Max Amount: NADA Loan Value
Published APR range: 5.94-16.69%. Year: 2019 and older
Tier: B
Rates as low as:
Rates as low as:
Published APR range: 5.99-9.44%. Year: 2023 - 2024
Year(s): 2023 & 2022; Max Amount: NADA Loan Value
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
APR based on 60 months and $45,000 financing. For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term.
Published APR range: 6.04-16.79%. Year: 2019 and older
APR based on 60 months and $30,000 financing. For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term.
Published APR range: 6.19-10.44%. Year: 2019 and older
Published APR range: 6.19-9.94%. Year: 2020 - 2022
Year(s): 2021 & Older; Max Amount: NADA Loan Value
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Published APR range: 6.44-6.79%. Year: 2025 - 2027
Credit Grade: D
Tier: B
Credit Score: C 550-639
Credit Score: D 549 - below
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Tier: C
Credit Grade: D
As Low As; New
Rates as low as:
Rates as low as:
Credit Score: D 549 - below
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Tier: C
Rates as low as:
As Low As; Based on Individual Credit
Tier: D
As Low As; Used
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Tier: D
Credit Grade: A
As Low As; Used
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
As Low As; Available for 2025 or newer models; Terms from 36 to 60 months
Credit Grade: C
As Low As; rates as low as 8.39%***
Credit Grade: C
Credit Grade: B
Credit Grade: D
Term: $27.5k - $30k 6 Years; Credit Grade: A
Credit Grade: D
Credit Grade: C
Term: $27.5k - $30k 6 Years; Credit Grade: B
Rate determined by borrower's credit rating and may be as low as the rates above. We reserve the right to match any competitor's rates.
Credit Grade: D
Term: $27.5k - $30k 6 Years; Credit Grade: C
Term: $27.5k - $30k 6 Years; Credit Grade: D
with autopay from a United checking account.
As Low As; *
Special!
Special!
Special!
Special!
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
As Low As; 2025 & Newer
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
As low as
As Low As; *
As low as
Term: 48 months - 84 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan. WRFCU will finance up to 100% on new model year vehicles of the purchase price plus dealer costs.
APR*
Model Year: 2023-2027
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
As low as
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As; 2025 & Newer
As low as
As low as
As Low As; *
Loan-to-Value: 90%
Loan-to-Value: 90%
As Low As; Model Year 2027-2022
As Low As; Model Year 2027-2022
Model Year: 2023-2027
2027 - 2026 Autos
Model Year: 2026-2021; Advertised rates subject to change without notice. Rates can change based upon credit qualifications. A Loan documentation fee of $50 will be charged at the time of the loan closing. Gap Insurance required if financing 120% of the value of collateral. Cost of GAP Insurance: $225.00 Application and Approval Required.
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.
As low as
Monthly Payment**: $29.64
Monthly Payment**: $22.69
Monthly Payment**: $18.53
As Low As; *
As low as
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
Model Year: 2022-2026
APR*
As Low As; Model Year 2027-2022
Model Year: 2023-2027
As low as
Loan-to-Value: 90%
Loan-to-Value: 90%
As low as*
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
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.
As Low As; 2022 - 2024*
As Low As; *
As Low As; $15,000+ minimum loan amount for terms over 72 months, $25,000+ minimum loan amount for terms over 84 months
As Low As; Model Year 2027-2022
As Low As;*
As Low As; Minimum Loan Amount is $1,000.00; Model Year: 2026-2025
As Low As; Minimum Loan Amount is $1,000.00; Model Year: 2026-2022
Loan Amount: 100% List
Loan Amount: 100% List
Loan Amount: 100% List
Loan Amount: 100% List
Loan Amount: 2025 - 2024
Model Year: 2026-2021; Advertised rates subject to change without notice. Rates can change based upon credit qualifications. A Loan documentation fee of $50 will be charged at the time of the loan closing. Gap Insurance required if financing 120% of the value of collateral. Cost of GAP Insurance: $225.00 Application and Approval Required.
Monthly Payment**: $15.99
Model Year: 2026-2024
As Low As; Rates based on credit performance, age of vehicle, and terms of the loan. All loans subject to approval. Additional fees may apply. Loan example: assume you will borrow $25,000 with $50 documentation preparation fee; the loan amount will be $25,050. The calculated APR on a 60 month loan, with a minimum credit score of 739 and an interest rate of 4.73%, would be 4.81.
Loan-to-Value: 90%
Loan-to-Value: 90%
As low as
Loan Amount: 100% List
Term: 48 months - 60 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan.
Term: 48 months - 84 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan. WRFCU uses Kelly Blue Book (KBB) Values to determine value of used vehicles. WRFCU will finance up to 100% KBB Value on used vehicles.
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.
Model Year: 2026 - 2021
Year: 2023-2027; As Low As
Indianapolis New Auto Auto Loan Rates
Credit Score: A 700-above
As Low As; $25.00 per loan fee. Interest must be paid monthly.
Credit Score: A 700-above
Credit Score: B 640-699
Rates as low as:
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Loan Rates quoted above are limited to A+ credit tiers only at 48 month financing. Higher rates may apply based on credit worthiness and based on term selection and amount financed compared to equity. New Auto is consider current and next model year, and the prior 2 model years if vehicle under 30,000 miles. To determine if your auto qualifies for new auto rate, or for a custom quote please contact the office.
Rates as low as:
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
As Low As; rates as low as 5.29%***
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Max Amount: 125% of Retail Value; Model Year: 2026 (& 2025)
Credit Score: A 700-above
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
As Low As; rates as low as 5.59%***
Rates as low as:
Credit Score: B 640-699
Credit Score: C 550-639
Credit Score: D 549 - below
APR based on 60 months and $45,000 financing. For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term.
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Credit Score: C 550-639
Credit Score: D 549 - below
As Low As; New
Rates as low as:
Credit Score: D 549 - below
As Low As; rates as low as 8.39%***
As Low As; *
Special!
Special!
Special!
Special!
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
As low as
As Low As; *
As low as
Term: 48 months - 84 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan. WRFCU will finance up to 100% on new model year vehicles of the purchase price plus dealer costs.
Model Year: 2023-2027
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
As low as
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As low as
Loan-to-Value: 90%
Loan-to-Value: 90%
Model Year: 2023-2027
2027 - 2026 Autos
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.
Monthly Payment**: $29.64
Monthly Payment**: $22.69
Monthly Payment**: $18.53
As low as
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
Model Year: 2022-2026
Model Year: 2023-2027
As low as
Loan-to-Value: 90%
Loan-to-Value: 90%
As low as*
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As; $15,000+ minimum loan amount for terms over 72 months, $25,000+ minimum loan amount for terms over 84 months
As Low As;*
As Low As; Minimum Loan Amount is $1,000.00; Model Year: 2026-2025
Loan Amount: 100% List
Loan Amount: 100% List
Loan Amount: 100% List
Loan Amount: 100% List
Monthly Payment**: $15.99
As Low As; Rates based on credit performance, age of vehicle, and terms of the loan. All loans subject to approval. Additional fees may apply. Loan example: assume you will borrow $25,000 with $50 documentation preparation fee; the loan amount will be $25,050. The calculated APR on a 60 month loan, with a minimum credit score of 739 and an interest rate of 4.73%, would be 4.81.
Loan-to-Value: 90%
Loan-to-Value: 90%
As low as
Loan Amount: 100% List
Indianapolis Used Auto Auto Loan Rates
Rates as low as:
As Low As; rates as low as 5.29%***
Additional APR listed for this product: 8.00%, 10.50%. Loan Rates quoted above are limited to A+ credit tiers only at 48 month financing. Higher rates may apply based on credit worthiness and based on term selection and amount financed compared to equity.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
As Low As; rates as low as 5.59%***
Year(s): 2024; Max Amount: NADA Loan Value
Rates as low as:
Year(s): 2023 & 2022; Max Amount: NADA Loan Value
APR based on 60 months and $30,000 financing. For customers with excellent credit who apply online. Your rate may vary based on credit history, vehicle, financing amount and term.
Year(s): 2021 & Older; Max Amount: NADA Loan Value
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Rates as low as:
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
Rates as low as:
As Low As; Used
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
As Low As; Used
Rates effective as of 8/24/2026. Actual APR will vary based on borrower's credit worthiness and underwriting factors. Fees may apply to Auto purchase loans.
As Low As; rates as low as 8.39%***
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Term: 48 months - 84 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan. WRFCU will finance up to 100% on new model year vehicles of the purchase price plus dealer costs.
Model Year: 2023-2027
Using 10,000 Loyalty Points
Using 10,000 Loyalty Points
Vehicle Model Years: All Years**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
Model Year: 2023-2027
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.
Monthly Payment**: $29.64
Monthly Payment**: $22.69
Monthly Payment**: $18.53
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
Model Year: 2023-2027
Vehicle Model Years: 2020 or Newer**; Rates shown include a 0.50% rate discount below the base APR for 80% loan to value, and a 0.25% rate discount for automatic payment from a United checking account. Some conditions apply. A 0.25% premium will be added to model years 2021 -2017. A 0.75% premium will be added to model years 2016 and older.
As Low As; Preferred Rate Program - Financial Partners FCU offers a preferred rate to any member who has an existing, active checking account, credit card or online banking. These members will receive a 0.25% reduction in rate on all loans (excluding credit cards and real estate) per service. Please contact a loan officer for more information.
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.
As Low As; Minimum Loan Amount is $1,000.00; Model Year: 2026-2022
Loan Amount: 2025 - 2024
Monthly Payment**: $15.99
Term: 48 months - 60 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan.
Term: 48 months - 84 months; Annual Percentage Rates (APR) shown are the lowest rates WRFCU offers. The rate you receive will be based on your personal credit profile, the loan type and the term of the loan. WRFCU uses Kelly Blue Book (KBB) Values to determine value of used vehicles. WRFCU will finance up to 100% KBB Value on used vehicles.
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.
Model Year: 2026 - 2021
Indianapolis, IN Auto Loan Rate Trends
Compare local Indianapolis, IN 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.
Indiana new auto rates rose 0.024 points over the past 7 days to 5.794% APR.
Indiana used auto rates fell 0.232 points over the past 7 days to 6.655% APR.
Indianapolis, IN 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 Indiana 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 Indiana 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 @ 5.79% APR IN average | Used Auto @ 6.66% APR IN average | Monthly Difference |
|---|---|---|---|
| $15,000 | $288.56/mo | $294.59/mo | $6.03/mo |
| $25,000 | $480.93/mo | $490.98/mo | $10.04/mo |
| $35,000 | $673.31/mo | $687.37/mo | $14.06/mo |
| $45,000 | $865.68/mo | $883.76/mo | $18.08/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 Indianapolis, Indiana
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Indianapolis, Indiana 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 Indiana. 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 Indianapolis, Indiana 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: Indianapolis, Indiana CD rates lock in a guaranteed return until you’re ready to buy
Indiana Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau (state-level data shown; city data not available)
A $577 monthly car payment works out to roughly 16.0% of the median individual income in Indiana. 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 Indianapolis, Indiana, 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 Indianapolis, Indiana. We’ve prefilled the APR with today’s IN 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 Indianapolis, Indiana 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 Indianapolis, Indiana 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 Indianapolis, Indiana. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in IN.
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 Indianapolis, Indiana
How does my credit score affect my car loan rate in Indiana?
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 Indianapolis, Indiana?
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 Indianapolis, Indiana?
- Chicagos Bravest Credit Union: 3.50% (New Vehicle Loan)
- Clifty Creek Employees Federal Credit Union: 3.75% (2023 - Newer Vehicle 5 Year Term Loan)
- FedEx Employees Credit Association Federal Credit Union: 4.40% (NEW Auto Loan)
- Hoosier United Credit Union: 4.75% (New Vehicle Loan)
- Centra Credit Union: 4.99% (Autos, Trucks, Vans, Motorcycles - 2025 - 2027)
Indianapolis, Indiana Rates & Resources
