Syracuse, New York Best Auto Loan Rates - September 2026
Brian McKay
Brian McKay
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Current auto loan rates in Syracuse, New York include Money Federal Credit UnionMoney Federal Credit Union125 E Jefferson St, Syracuse, NY, 13202A+5.0 ★Texas Ratio: 0.87% offering Vehicle Loan at 3.99%, Broadview Federal Credit UnionBroadview Federal Credit Union401 S Salina St, Syracuse, NY, 13202 2584A+5.0 ★Texas Ratio: 5.13% offering Vehicle Loan at 4.24%, Ukrainian Federal Credit UnionUkrainian Federal Credit Union211 Tompkins St, Syracuse, NY, 13204A+5.0 ★Texas Ratio: 5.35% offering Auto Loans at 4.50%, Syracuse Cooperative Federal Credit UnionSyracuse Cooperative Federal Credit Union800 N SALINA ST STE 200, SYRACUSE, NY, 13208 2513C-3.7 ★Texas Ratio: 30.38% offering New or Late Model Vehicles Loan at 4.75%, The Summit Federal Credit UnionThe Summit Federal Credit Union1400 ERIE BLVD E, SYRACUSE, NY, 13210A+5.0 ★Texas Ratio: 2.07% offering New Auto at 4.95%. Auto loan rates as of September 22, 2026 according to verified data from MonitorBankRates.
Syracuse has 11 local institutions in our database, with auto loan rates as low as 3.99% APR from Money Federal Credit Union at 125 E Jefferson St, Syracuse, NY, 13202. 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 Syracuse, New York. Auto Loan Rates Last Updated and Verified: September 22, 2026
Compare Auto Loan Rates Today in Syracuse, New York & Surrounding Area
Syracuse Auto Loan Rates
APR for Model Years 2023 and Newer
APR for Model Years 2023 and Newer
APR* as low as: 4.50%
APR* as low as: 4.50%
APR for Model Years 2023 and Newer
APR* as low as: 4.75%
APR* as low as: 4.75%
APR* as low as: 4.75%
As Low As;*
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.20%
maximum term for 2017-2018 models
As Low As;*
APR for Model Years 2023 and Newer
APR* as low as: 5.00%
APR* as low as: 5.00%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.40%
As Low As;*
minimum loan amount $25,000
maximum term for 2019-2020 models
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.50%
APR* as low as: 5.25%
APR* as low as: 5.25%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.60%
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.65%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.70%
Rates as Low As*
Rates as Low As*
Rates as Low As*
APR for Model Years 2019-2022
APR for Model Years 2019-2022
APR*: 5.50%
APR*: 5.50%
As Low As;*
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Rates as Low As*
minimum loan amount $25,000 / model years 2021 or newer
APR for Model Years 2019-2022
APR*: 5.75%
APR*: 5.75%
APR*: 5.75%
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.10%
Rates as Low As*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.20%
APR for Model Years 2019-2022
APR*: 6.00%
APR*: 6.00%
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.
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.
Rates as Low As*
APR*: 6.25%
APR*: 6.25%
Rates as low as 6.450%*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.80%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 7.00%
As Low As
APR*: 6.500%
APR*: 6.500%
APR*: 6.750%
Lowest APR available on approved credit. Your actual APR may vary. The APR is based on borrower credit profile (as reported to NBT Bank by an outside reporting agency), collateral type, loan amount, term, lien position, and loan to value ratio. APR shown is current as of 09/18/2026 and is subject to change. Rates assume payments will be automatically deducted from an NBT Bank checking or money market account. Add .50% to the rate if the automatic payment feature is not selected. To qualify for this rate, the minimum loan amount is $5,000, minimum credit score is 730, and maximum term is 48 months. Call 800-628-2265 for the actual APR for your loan. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. On a $15,000 loan, the payment would be $364.58 per month for 48 months with a 7.77% APR.
Lowest APR available on approved credit. Your actual APR may vary. The APR is based on borrower credit profile (as reported to NBT Bank by an outside reporting agency), collateral type, loan amount, term, lien position, and loan to value ratio. APR shown is current as of 09/18/2026 and is subject to change. Rates assume payments will be automatically deducted from an NBT Bank checking or money market account. Add .50% to the rate if the automatic payment feature is not selected. To qualify for this rate, the minimum loan amount is $5,000, minimum credit score is 730, and maximum term is 48 months. Call 800-628-2265 for the actual APR for your loan. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. On a $15,000 loan, the payment would be $364.58 per month for 48 months with a 7.77% APR.
APR*: 7.000%
minimum loan amount $12,000
APR for Model Years 2018 and Older
APR for Model Years 2018 and Older
APR*: 7.250%
minimum loan amount $12,000
APR for Model Years 2018 and Older
As Low As
Vehicle Year: 2020-2026; As Low As; APR: 7.750%
As Low As
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As Low As
As Low As
As Low As
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As Low As
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As Low As
As Low As
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
As low as; Rates for models 2024-2026
20 - 21
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As
As low as; Financing: 100% Subject to approval based on credit score. All interest rates are subject to change.
As low as
As Low As
As Low As
As Low As
As Low As
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Published APR range: 3.50% - 13.75%.
As Low as
As Low As; 2025 & Newer
Rate includes auto-pay discount of .25%
Rate includes auto-pay discount of .25%
Cars & Trucks; Military; First Responder; Graduate & First-time Discounts
Additional APR listed for this product: 3.99%, 5.49%. Term: Model Years 2022-2026
As low as; Rates effective 09/01/2025. Creditworthiness factors, and other loan terms may affect the actual rate offered. Other conditions may apply. Contact the Credit Union for complete details.
As low as; Rates for models 2024-2026
Term: Up to 36 months (2021- 2026)
Credit Score: 760+; Credit Tier: A+
As Low as
As Low As
As Low as
18 - 19
As Low As; Model Year: 2023 - 2027
New Auto (2025 & 2026)
New Auto (2025 & 2026)
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
Used Auto (2021 - 2025)
As Low As
As Low As
As Low As; Fixed
As Low As; Fixed
As Low As; 4+ Model Years - Max Mileage 60,000 Max Term for automobiles 5 to 6 years is 72 monthsMax Mileage for Auto Loans is 150,000
As Low As
As Low As
As Low As; Model Year: 2022-2027
The following rates may be higher based on your credit score:
Syracuse New Auto Auto Loan Rates
As Low As;*
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.20%
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.40%
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.50%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.60%
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.65%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.70%
Rates as Low As*
Rates as Low As*
Rates as Low As*
As Low As;*
Rates as Low As*
As Low As;*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.10%
Rates as Low As*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.20%
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 as Low As*
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.80%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 7.00%
Lowest APR available on approved credit. Your actual APR may vary. The APR is based on borrower credit profile (as reported to NBT Bank by an outside reporting agency), collateral type, loan amount, term, lien position, and loan to value ratio. APR shown is current as of 09/18/2026 and is subject to change. Rates assume payments will be automatically deducted from an NBT Bank checking or money market account. Add .50% to the rate if the automatic payment feature is not selected. To qualify for this rate, the minimum loan amount is $5,000, minimum credit score is 730, and maximum term is 48 months. Call 800-628-2265 for the actual APR for your loan. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. On a $15,000 loan, the payment would be $364.58 per month for 48 months with a 7.77% APR.
As low as; Rates for models 2024-2026
20 - 21
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
As Low As
As low as; Financing: 100% Subject to approval based on credit score. All interest rates are subject to change.
As Low As
As Low As
As Low As
As Low As
As Low As; The rate you receive will be based upon your credit history, collateral, and loan character. The above interest rates apply when automatic payment from the PSFCU Checking Account is selected. Rates are 0.25% higher without automatic payment from the PSFCU Checking Account.
Published APR range: 3.50% - 13.75%.
As Low as
Rate includes auto-pay discount of .25%
Additional APR listed for this product: 3.99%, 5.49%. Term: Model Years 2022-2026
As low as; Rates for models 2024-2026
As Low as
As Low as
As Low As; Model Year: 2023 - 2027
New Auto (2025 & 2026)
New Auto (2025 & 2026)
Annual Percentage Rate. Competitive Fixed Rates. Financing up to 125% of the NADA value or purchase price, whichever is less, PLUS tax, title, registration and warranty for model years 2021-2027. Never owned or previously titled. For terms 72 months or greater, the minimum loan amount of $20,000. APR offered is subject to change and all loans are subject to approval. 0.25% APR discount is available for automatic loan payments and automatic payment discounts are reflected in the rates above. A 0.5% APR discount is available on auto loans for hybrid cars. Actual rate may vary. Monthly payment amount shown is calculated per $1,000 and is based on a 30 day month.
As Low As
As Low As
As Low As; Model Year: 2022-2027
The following rates may be higher based on your credit score:
Syracuse Used Auto Auto Loan Rates
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.60%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.65%
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 5.70%
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 6.20%
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.
Fixed APR w/ Auto Payment; Fixed APR w/Billing: 7.00%
Lowest APR available on approved credit. Your actual APR may vary. The APR is based on borrower credit profile (as reported to NBT Bank by an outside reporting agency), collateral type, loan amount, term, lien position, and loan to value ratio. APR shown is current as of 09/18/2026 and is subject to change. Rates assume payments will be automatically deducted from an NBT Bank checking or money market account. Add .50% to the rate if the automatic payment feature is not selected. To qualify for this rate, the minimum loan amount is $5,000, minimum credit score is 730, and maximum term is 48 months. Call 800-628-2265 for the actual APR for your loan. NBT Bank loans are only available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont. On a $15,000 loan, the payment would be $364.58 per month for 48 months with a 7.77% APR.
As Low As
As Low As
As Low As
As Low As
Rate includes auto-pay discount of .25%
As Low As
18 - 19
Used Auto (2021 - 2025)
As Low As; Model Year: 2022-2027
The following rates may be higher based on your credit score:
Syracuse, NY Auto Loan Rate Trends
Compare local Syracuse, NY 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.
New York new auto rates fell 0.072 points over the past 7 days to 5.897% APR.
New York used auto rates fell 0.260 points over the past 7 days to 6.277% APR.
Syracuse, NY 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 New York 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 New York 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 @ 5.90% APR NY average | Used Auto @ 6.28% APR NY average | Monthly Difference |
|---|---|---|---|
| $15,000 | $289.27/mo | $291.93/mo | $2.65/mo |
| $25,000 | $482.12/mo | $486.54/mo | $4.42/mo |
| $35,000 | $674.96/mo | $681.16/mo | $6.19/mo |
| $45,000 | $867.81/mo | $875.78/mo | $7.96/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 Syracuse, New York
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Syracuse, New York 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 New York. 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 Syracuse, New York 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: Syracuse, New York CD rates lock in a guaranteed return until you’re ready to buy
Syracuse, New York Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau
A $579 monthly car payment works out to roughly 22.7% of the median individual income in Syracuse, New York. 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 Syracuse, New York, 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 Syracuse, New York. We’ve prefilled the APR with today’s NY 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 Syracuse, New York 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 Syracuse, New York 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 Syracuse, New York. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in NY.
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 Syracuse, New York
How does my credit score affect my car loan rate in New York?
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 Syracuse, New York?
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 Syracuse, New York?
- Money Federal Credit Union: 3.99% (Vehicle Loan)
- Broadview Federal Credit Union: 4.24% (Vehicle Loan)
- Ukrainian Federal Credit Union: 4.50% (Auto Loans)
- Syracuse Cooperative Federal Credit Union: 4.75% (New or Late Model Vehicles Loan)
- The Summit Federal Credit Union: 4.95% (New Auto)
Syracuse, New York Rates & Resources
