Salt Lake City, Utah Best Auto Loan Rates - September 2026
Brian McKay
Brian McKay
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Current auto loan rates in Salt Lake City, Utah include P&S Credit UnionP&S Credit Union2250 S Redwood Rd Ste 6, Salt Lake City, UT, 84119 1356A+5.0 ★Texas Ratio: 0.19% offering New Truck & Auto Loans (2026 and Untitled 2025 Vehicles) at 2.49%, Delta Community Credit UnionDelta Community Credit Union3920 W Terminal Dr, Salt Lake City, UT, 84116A+5.0 ★Texas Ratio: 0.99% offering New and Used Other Vehicle Loans at 3.99%, Koin Credit UnionKoin Credit Union420 E South Temple Ste 520, Salt Lake City, UT, 84111A+5.0 ★Texas Ratio: 2.10% offering New Auto at 4.25%, Utah Power Credit UnionUtah Power Credit Union1407 W North Temple Ste 120C, Salt Lake City, UT, 84116A+5.0 ★Texas Ratio: 1.19% offering New & Used Autos at 4.29%, Chartway Credit UnionChartway Credit Union2210 S State St, Salt Lake City, UT, 84115A5.0 ★Texas Ratio: 10.46% offering Auto Loan at 4.40%. Auto loan rates as of September 22, 2026 according to verified data from MonitorBankRates.
Salt Lake City has 23 local institutions in our database, with auto loan rates as low as 2.49% APR from P&S Credit Union at 2250 S Redwood Rd Ste 6, Salt Lake City, UT, 84119 1356. 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 Salt Lake City, Utah. Auto Loan Rates Last Updated and Verified: September 22, 2026
Compare Auto Loan Rates Today in Salt Lake City, Utah & Surrounding Area
Salt Lake City Auto Loan Rates
Fixed (as low as)
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
As Low As; New Auto
Additional APR listed for this product: 5.29%. Rates include a 0.50% discount for automatic payment.
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Term: 72 months for $20,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.49% to 16.89%.
As Low As; Used Auto
Model Year: New 2026 (6,000 miles or less); Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Additional APR listed for this product: 4.99%. Model Year: 2019-2026
Model Year: 2019-2026
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $15,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Fixed (as low as)
Fixed (as low as)
Rates include a 0.50% discount for automatic payment.
Credit Grade: A+; FICO Score: 730+
Advertised APR includes 0.25% loan rate discount with Personal Checking. Applies to purchases and refinancing. Does not apply to cash-out refinancing. The actual rate and payment amount you receive will reflect your individual circumstances and may be higher than the promotional rate. Rates based on credit history, collateral criteria, term of loan, and other criteria. New money direct vehicle loans only. 2022 and newer vehicles qualify for the lowest promotional rate. Older model years may still receive a discounted promotional rate. Existing Utah First loans not eligible. May not be combined with any other offers. Offer subject to change without notice. Other terms and conditions apply.
As low as; Model Year: 2020 & Newer
Vehicle Year: 2017-2027
as low as
As Low As; Fixed
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Term: 84 months for $30,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.99% to 17.59%.
Fixed (as low as)
Fixed (as low as)
Fixed (as low as)
As Low As; New Auto
As Low As; New Auto
As Low As; New Auto
Additional APR listed for this product: 5.24%. Model Year: 2019-2026
Model Year: 2019-2026
Term: 60 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $20,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Term: 120 months for $50,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.19% to 17.59%.
Credit Grade: A+; FICO Score: 730+
As low as; Model Year: 2020 & Newer
Vehicle Year: 2017-2027
as low as
As Low As; Fixed
Model Year: 2019-2026
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Rates include a 0.50% discount for automatic payment.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Term: 180 months for $75,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.39% to 17.59%.
Fixed (as low as)
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Credit Grade: A; FICO Score: 680-729
As low as; Model Year: 2020 & Newer
As Low As; New Auto
As Low As; Used Auto
As Low As; Used Auto
As Low As; Used Auto
Term: 60 months, up to 15,000 miles; Credit Score: 749-700
Term: 72 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Tier: 2; Transunion Credit Score: 700-749
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Credit Score Tier: 2; Transunion Credit Score: 700-749
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Term: 240 months for $100,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.59% to 17.59%.
Credit Grade: A; FICO Score: 680-729
Additional APR listed for this product: 5.99%. Model Year: 2019-2026
Additional APR listed for this product: 5.99%. Model Year: 2011-2018
Term: >250000 for 84 months; As Low As; New Auto
Term: >250000 for 84 months; As Low As; Used Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: New 2026 (6,000 miles or less); Minimum Loan Amount: $25,000; Auto debit discount of 0.25% APR, Member Loyalty discount of .25% APR, and loan to value of less than 90% discount of 0.25% APR. Discounts may not exceed 0.75% APR.
Fixed (as low as)
As low as; Model Year: 2020 & Newer
As low as; Model Year: 2019 & Older
Vehicle Year: 2017-2027
As Low As; Fixed
**
Additional APR listed for this product: 6.24%. Model Year: 2011-2018
Model Year: 2019-2026
Model Year: 2011-2018
2019-2027 for 73-96 months at 5.90%
Credit Score: 850-750; Model Year: 2024 -'20; Miles: 25K miles or more
Term: 60 months, up to 15,000 miles; Credit Score: 699-650
Term: 72 months, up to 15,000 miles; Credit Score: 749-700
Credit Score Tier: 3; Transunion Credit Score: 650-699
Credit Score Tier: 3; Transunion Credit Score: 650-699
Fixed (as low as)
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.
As low as; Model Year: 2019 & Older
Vehicle Year: 2016 & Older
Fixed
Fixed
Model Year: 2011-2018
Fixed (as low as)
As Low As; Used Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
As low as; Model Year: 2019 & Older
Vehicle Year: 2016 & Older
Fixed
Additional APR listed for this product: 6.74%. Model Year: 2011-2018
2019-2021 up to 72 months at 4.50%
Credit Score: 749-700; Model Year: 2024 -'20; Miles: 25K miles or more
Credit Score: 850-750; Model Year: 2024 -'20; Miles: up to 25K miles
Term: 72 months, up to 15,000 miles; Credit Score: 699-650
Credit Score Tier: 2; Transunion Credit Score: 700-749
Credit Score Tier: 4; Transunion Credit Score: 620-649
Credit Grade: B; FICO Score: 640-679
Model Year: 2011-2018
Credit Grade: B; FICO Score: 640-679
As low as; Model Year: 2019 & Older
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; *Conditions apply, contact us for details.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
2022-2027 up to 72 months at 3.99%
Credit Score: 699-650; Model Year: 2024 -'20; Miles: 25K miles or more
Credit Score: 749-700; Model Year: 2024 -'20; Miles: up to 25K miles
Credit Score Tier: 4; Transunion Credit Score: 620-649
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Fixed (as low as)
Fixed
Term: 73 to 84 Months-PROMO; Fixed (as low as)
Term: Up to 72 Months-PROMO; Fixed (as low as)
Fixed (as low as)
Credit Score: 699-650; Model Year: 2024 -'20; Miles: up to 25K miles
Credit Score Tier: 4; Transunion Credit Score: 620-649
Credit Score Tier: 2; Transunion Credit Score: 700-749
Term: 49 to 60 Months-PROMO; Fixed (as low as)
Term: 61 to 72 Months-PROMO; Fixed (as low as)
Term: 73 to 84 Months-PROMO; Fixed (as low as)
Term: Up to 48 Months-PROMO; Fixed (as low as)
Fixed (as low as)
Fixed (as low as)
$30,000; As Low As; Fixed
Credit Score: 850-750; Model Year: '19 -'15
As Low As; Classic / Older Used Auto
Credit Score: 850-750; Model Year: '14 - '08
Credit Score Tier: 3; Transunion Credit Score: 650-699
Published APR range: 8.00% to 16.50%.
Credit Score: 749-700; Model Year: '19 -'15
Published APR range: 8.25% to 16.75%.
Term: 85 to 144 Months-PROMO ($30,000 and above); Fixed (as low as)
Term: 85 to 144 Months-PROMO ($30,000 and above, less than 5 years old); Fixed (as low as)
Credit Score: 749-700; Model Year: '14 - '08
Published APR range: 8.50% to 16.75%.
Credit Score: 699-650; Model Year: '19 -'15
Published APR range: 8.75% to 16.75%.
Credit Score: 699-650; Model Year: '14 - '08
Credit Score Tier: 4; Transunion Credit Score: 620-649
Published APR range: 9.00% to 16.75%.
Credit Score: 749-700; Model Year: '07 and older
Credit Grade: C; FICO Score: 600-639
Credit Grade: C; FICO Score: 600-639
Credit Score: 699-650; Model Year: '07 and older
Term: 60 months, up to 15,000 miles; Credit Score: 649-600
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Term: 72 months, up to 15,000 miles; Credit Score: 649-600
Credit Score: 649-600; Model Year: 2024 -'20; Miles: 25K miles or more
Credit Score Tier: 3; Transunion Credit Score: 650-699
Credit Score: 649-600; Model Year: 2024 -'20; Miles: up to 25K miles
Fixed (as low as)
Credit Score Tier: 4; Transunion Credit Score: 620-649
Fixed (as low as)
Credit Grade: D; FICO Score: 550-599
Credit Grade: D; FICO Score: 550-599
Credit Score: 649-600; Model Year: '19 -'15
Term: 61 to 72 Months ($20,000 and above, less than 10 years old); Fixed (as low as)
Credit Score: 649-600; Model Year: '14 - '08
Credit Score: 649-600; Model Year: '07 and older
Term: 60 months, up to 15,000 miles; Credit Score: 599-500
Salt Lake City New Auto Auto Loan Rates
Fixed (as low as)
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
As Low As; New Auto
Additional APR listed for this product: 5.29%. Rates include a 0.50% discount for automatic payment.
Term: 72 months for $20,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.49% to 16.89%.
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Fixed (as low as)
Rates include a 0.50% discount for automatic payment.
Advertised APR includes 0.25% loan rate discount with Personal Checking. Applies to purchases and refinancing. Does not apply to cash-out refinancing. The actual rate and payment amount you receive will reflect your individual circumstances and may be higher than the promotional rate. Rates based on credit history, collateral criteria, term of loan, and other criteria. New money direct vehicle loans only. 2022 and newer vehicles qualify for the lowest promotional rate. Older model years may still receive a discounted promotional rate. Existing Utah First loans not eligible. May not be combined with any other offers. Offer subject to change without notice. Other terms and conditions apply.
Vehicle Year: 2017-2027
as low as
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Term: 84 months for $30,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.99% to 17.59%.
Fixed (as low as)
Fixed (as low as)
As Low As; New Auto
As Low As; New Auto
As Low As; New Auto
Term: 60 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Term: 120 months for $50,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.19% to 17.59%.
Vehicle Year: 2017-2027
as low as
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Rates include a 0.50% discount for automatic payment.
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Term: 180 months for $75,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.39% to 17.59%.
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
As Low As; New Auto
Term: 60 months, up to 15,000 miles; Credit Score: 749-700
Term: 72 months, up to 15,000 miles; Credit Score: 850-750
Credit Score Tier: 2; Transunion Credit Score: 700-749
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Term: 240 months for $100,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.59% to 17.59%.
Term: >250000 for 84 months; As Low As; New Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Fixed (as low as)
Vehicle Year: 2017-2027
2019-2027 for 73-96 months at 5.90%
Term: 60 months, up to 15,000 miles; Credit Score: 699-650
Term: 72 months, up to 15,000 miles; Credit Score: 749-700
Credit Score Tier: 3; Transunion Credit Score: 650-699
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 & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
2019-2021 up to 72 months at 4.50%
Term: 72 months, up to 15,000 miles; Credit Score: 699-650
Credit Score Tier: 2; Transunion Credit Score: 700-749
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; *Conditions apply, contact us for details.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
2022-2027 up to 72 months at 3.99%
Credit Score Tier: 4; Transunion Credit Score: 620-649
Term: 73 to 84 Months-PROMO; Fixed (as low as)
Term: Up to 72 Months-PROMO; Fixed (as low as)
Credit Score Tier: 4; Transunion Credit Score: 620-649
Published APR range: 8.00% to 16.50%.
Published APR range: 8.25% to 16.75%.
Term: 85 to 144 Months-PROMO ($30,000 and above); Fixed (as low as)
Published APR range: 8.50% to 16.75%.
Published APR range: 8.75% to 16.75%.
Published APR range: 9.00% to 16.75%.
Term: 60 months, up to 15,000 miles; Credit Score: 649-600
Term: 72 months, up to 15,000 miles; Credit Score: 649-600
Term: 60 months, up to 15,000 miles; Credit Score: 599-500
Salt Lake City Used Auto Auto Loan Rates
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Published APR range: 3.99% to 16.19%.
Additional APR listed for this product: 5.29%. Rates include a 0.50% discount for automatic payment.
Term: 72 months for $20,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.49% to 16.89%.
As Low As; Used Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Fixed (as low as)
Rates include a 0.50% discount for automatic payment.
Advertised APR includes 0.25% loan rate discount with Personal Checking. Applies to purchases and refinancing. Does not apply to cash-out refinancing. The actual rate and payment amount you receive will reflect your individual circumstances and may be higher than the promotional rate. Rates based on credit history, collateral criteria, term of loan, and other criteria. New money direct vehicle loans only. 2022 and newer vehicles qualify for the lowest promotional rate. Older model years may still receive a discounted promotional rate. Existing Utah First loans not eligible. May not be combined with any other offers. Offer subject to change without notice. Other terms and conditions apply.
Vehicle Year: 2017-2027
as low as
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Term: 84 months for $30,000 or more on boats, RVs, aircraft and motorcycle loans only; Published APR range: 4.99% to 17.59%.
Fixed (as low as)
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Term: 120 months for $50,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.19% to 17.59%.
Vehicle Year: 2017-2027
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
Rates include a 0.50% discount for automatic payment.
Term: 180 months for $75,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.39% to 17.59%.
Fixed (as low as)
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
As Low As; Used Auto
As Low As; Used Auto
As Low As; Used Auto
Credit Score Tier: 2; Transunion Credit Score: 700-749
As low as; Rates displayed do not include the additional BofA RewardsTM interest rate discount up to 0.50%.
Term: 240 months for $100,000 or more on boats, RVs and aircraft loans only; Published APR range: 5.59% to 17.59%.
Term: >250000 for 84 months; As Low As; Used Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Vehicle Year: 2017-2027
2019-2027 for 73-96 months at 5.90%
Credit Score Tier: 3; Transunion Credit Score: 650-699
Fixed (as low as)
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.
Vehicle Year: 2016 & Older
Fixed (as low as)
As Low As; Used Auto
Rates As Low As & Subject to Change; APR rates are shown with a 0.25% discount rate for automatic payment transfers and for having a checking account.
Vehicle Year: 2016 & Older
2019-2021 up to 72 months at 4.50%
Credit Score Tier: 4; Transunion Credit Score: 620-649
Model Year: 2021 - 2026; Add 1% for model year 2020.; Add 2% for model year 2019.; Rates for autos older that 10 years will be based on the condition of the auto.; Loan to Value for Autos is maximum of 110% LTV.; *Conditions apply, contact us for details.; Rates disclosed above are for "A" credit bureau scores. Rates may be higher with credit bureau scores of "B-D".
2022-2027 up to 72 months at 3.99%
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Fixed (as low as)
Fixed (as low as)
Credit Score Tier: 2; Transunion Credit Score: 700-749
Term: 49 to 60 Months-PROMO; Fixed (as low as)
Term: 61 to 72 Months-PROMO; Fixed (as low as)
Term: 73 to 84 Months-PROMO; Fixed (as low as)
Term: Up to 48 Months-PROMO; Fixed (as low as)
Fixed (as low as)
Fixed (as low as)
As Low As; Classic / Older Used Auto
Credit Score Tier: 3; Transunion Credit Score: 650-699
Published APR range: 8.00% to 16.50%.
Published APR range: 8.25% to 16.75%.
Term: 85 to 144 Months-PROMO ($30,000 and above, less than 5 years old); Fixed (as low as)
Published APR range: 8.50% to 16.75%.
Published APR range: 8.75% to 16.75%.
Credit Score Tier: 4; Transunion Credit Score: 620-649
Published APR range: 9.00% to 16.75%.
Credit Score Tier: 1; Transunion Credit Score: 750 plus
Credit Score Tier: 3; Transunion Credit Score: 650-699
Fixed (as low as)
Credit Score Tier: 4; Transunion Credit Score: 620-649
Fixed (as low as)
Term: 61 to 72 Months ($20,000 and above, less than 10 years old); Fixed (as low as)
Salt Lake City, UT Auto Loan Rate Trends
Compare local Salt Lake City, UT 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.
Utah new auto rates rose 0.170 points over the past 7 days to 6.755% APR.
Utah used auto rates rose 0.138 points over the past 7 days to 6.067% APR.
Salt Lake City, UT 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 Utah 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 Utah 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 @ 6.76% APR UT average | Used Auto @ 6.07% APR UT average | Monthly Difference |
|---|---|---|---|
| $15,000 | $295.29/mo | $290.46/mo | $4.83/mo |
| $25,000 | $492.15/mo | $484.10/mo | $8.05/mo |
| $35,000 | $689.00/mo | $677.73/mo | $11.27/mo |
| $45,000 | $885.86/mo | $871.37/mo | $14.49/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 Salt Lake City, Utah
Get Preapproved Before You Shop
A preapproval from a bank or credit union serving Salt Lake City, Utah 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 Utah. 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 Salt Lake City, Utah 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: Salt Lake City, Utah CD rates lock in a guaranteed return until you’re ready to buy
Utah Financial Snapshot
Local demographics and economic context for car buyers. Source: U.S. Census Bureau (state-level data shown; city data not available)
A $591 monthly car payment works out to roughly 16.2% of the median individual income in Utah. 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 Salt Lake City, Utah, 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 Salt Lake City, Utah. We’ve prefilled the APR with today’s UT 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 Salt Lake City, Utah 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 Salt Lake City, Utah 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 Salt Lake City, Utah. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national auto lenders available to borrowers in UT.
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 Salt Lake City, Utah
How does my credit score affect my car loan rate in Utah?
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 Salt Lake City, Utah?
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 Salt Lake City, Utah?
- P&S Credit Union: 2.49% (New Truck & Auto Loans (2026 and Untitled 2025 Vehicles))
- Delta Community Credit Union: 3.99% (New and Used Other Vehicle Loans)
- Koin Credit Union: 4.25% (New Auto)
- Utah Power Credit Union: 4.29% (New & Used Autos)
- Chartway Credit Union: 4.40% (Auto Loan)
Salt Lake City, Utah Rates & Resources
