Rhode Island Auto Loan Rate Trends
Track current and weekly average auto loan rates in Rhode Island, view interactive rate trend charts, and compare local RI aprs against the national average.
Current Rhode Island Auto Loan Rate Trends
Auto Loan rates in Rhode Island rose 1.532 this week, pushing the New Auto Loan average to 6.456%, up from 4.925% last week.
At 6.456%, Rhode Island’s average sits 0.755 above the current national average of 5.702%. This above-average spread may reflect local market conditions or regional lender competition in RI.
The Rhode Island auto loan rate averages on this page are calculated from 54 verified auto loan rate quotes collected across 8 banks and credit unions actively operating in Rhode Island. Our proprietary systems collect and verify rates daily — tracking what real licensed institutions are actually quoting to borrowers, not rate sheet estimates.
Rhode Island 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.
Rhode Island auto loan rate averages compiled from 54 current rate quotes across 8 banks and credit unions operating in RI — updated daily.
As of May 15, 2026 • Data provided by MonitorBankRates.com
Historical Auto Loan Rate Trends in Rhode Island
Quarterly average rates at credit unions headquartered in Rhode Island, 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 Rhode Island (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.
