Minnesota Auto Loan Rate Trends
Track current and weekly average auto loan rates in Minnesota, view interactive rate trend charts, and compare local MN aprs against the national average.
Current Minnesota Auto Loan Rate Trends
Auto Loan rates in Minnesota fell 0.179 this week to 5.318%, down from 5.497% last week.
At 5.318%, Minnesota’s average sits 0.383 below the current national average of 5.702%. MN borrowers may have a competitive advantage relative to the national market.
The Minnesota auto loan rate averages on this page are calculated from 282 verified auto loan rate quotes collected across 42 banks and credit unions actively operating in Minnesota. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Minnesota 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.
Minnesota auto loan rate averages compiled from 282 current rate quotes across 42 banks and credit unions operating in MN — updated daily.
As of May 14, 2026 • Data provided by MonitorBankRates.com
Historical Auto Loan Rate Trends in Minnesota
Quarterly average rates at credit unions headquartered in Minnesota, 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 Minnesota (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.
