New Mexico Auto Loan Rate Trends
Track current and weekly average auto loan rates in New Mexico, view interactive rate trend charts, and compare local NM aprs against the national average.
Current New Mexico Auto Loan Rate Trends
Auto Loan rates in New Mexico fell 0.269 this week to 5.423%, down from 5.693% last week.
At 5.423%, New Mexico’s average sits 0.560 below the current national average of 5.984%. NM borrowers may have a competitive advantage relative to the national market.
The New Mexico auto loan rate averages on this page are calculated from 360 verified auto loan rate quotes collected across 35 banks and credit unions actively operating in New Mexico. Our proprietary systems collect and verify rates daily, tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
New Mexico 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.
New Mexico auto loan rate averages compiled from 360 current rate quotes across 35 banks and credit unions operating in NM, updated daily.
As of Oct 13, 2026 • Data provided by MonitorBankRates.com
Historical Auto Loan Rate Trends in New Mexico
Quarterly average rates at credit unions headquartered in New Mexico, 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 New Mexico (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.
