Average advertised APRs across the U.S. lenders we track, updated as the month progresses. Advertised rates assume top-tier credit, so treat them as each lender's floor. Methodology.
October 2026 (month to date): New car loans averaged 5.91% APR across 23 lenders, up 0.06 points from August 2026, and the lowest advertised rate was 3.75% from State Employees' Credit Union. Used car loans averaged 6.08% APR across 21 lenders, up 0.04 points from August 2026, and the lowest advertised rate was 4.49% from Randolph-Brooks FCU. Refinance loans averaged 5.69% APR across 16 lenders, down 1.55 points from August 2026, and the lowest advertised rate was 3.89% from Gravity Lending. Lease buyout loans averaged 7.10% APR across 4 lenders, down 0.14 points from August 2026, and the lowest advertised rate was 3.90% from MyAutoLoan.
| Lender | Avg advertised APR (October 2026) | Lowest seen |
|---|---|---|
| USAA | 4.49% | 4.49% |
| State Employees' Credit Union | 4.63% | 3.75% |
| SchoolsFirst Federal Credit Union | 4.89% | 4.59% |
| Randolph-Brooks FCU | 4.93% | 4.49% |
| Patelco Credit Union | 5.34% | 5.19% |
| Andrews Federal Credit Union | 5.39% | 4.49% |
| Digital Federal Credit Union | 5.49% | 4.99% |
| Bank of America | 5.49% | 5.49% |
| Navy Federal Credit Union | 5.53% | 4.19% |
| Consumers Credit Union | 5.66% | 4.99% |
| Affinity Federal Credit Union | 5.80% | 5.19% |
| First Tech Federal Credit Union | 5.82% | 4.99% |
| BECU | 5.89% | 5.89% |
| Connexus Credit Union | 5.93% | 5.19% |
| DFCU Financial | 6.01% | 5.59% |
| FourLeaf Federal Credit Union | 6.06% | 5.53% |
| TDECU | 6.10% | 6.10% |
| Langley Credit Union | 6.19% | 5.99% |
| America First Credit Union | 6.24% | 5.24% |
| Security Service FCU | 6.30% | 5.65% |
| MyAutoLoan | 6.74% | 5.24% |
| U.S. Bank | 7.12% | 6.81% |
| LightStream | 9.99% | 9.99% |
| Lender | Avg advertised APR (October 2026) | Lowest seen |
|---|---|---|
| State Employees' Credit Union | 4.88% | 4.50% |
| Randolph-Brooks FCU | 4.93% | 4.49% |
| SchoolsFirst Federal Credit Union | 5.23% | 4.99% |
| Digital Federal Credit Union | 5.49% | 4.99% |
| Patelco Credit Union | 5.52% | 5.39% |
| Bank of America | 5.69% | 5.69% |
| First Tech Federal Credit Union | 5.82% | 4.99% |
| Affinity Federal Credit Union | 5.85% | 5.45% |
| Navy Federal Credit Union | 5.91% | 5.09% |
| Connexus Credit Union | 5.93% | 5.19% |
| Andrews Federal Credit Union | 5.98% | 5.10% |
| FourLeaf Federal Credit Union | 6.03% | 5.88% |
| TDECU | 6.10% | 6.10% |
| DFCU Financial | 6.16% | 5.74% |
| Consumers Credit Union | 6.16% | 5.49% |
| Langley Credit Union | 6.19% | 5.99% |
| BECU | 6.19% | 6.19% |
| America First Credit Union | 6.24% | 5.24% |
| Security Service FCU | 6.30% | 5.65% |
| MyAutoLoan | 6.99% | 5.49% |
| LightStream | 9.99% | 9.99% |
| Lender | Avg advertised APR (October 2026) | Lowest seen |
|---|---|---|
| Gravity Lending | 3.89% | 3.89% |
| MyAutoLoan | 4.29% | 3.99% |
| USAA | 4.49% | 4.49% |
| Randolph-Brooks FCU | 4.93% | 4.49% |
| First Tech Federal Credit Union | 4.99% | 4.99% |
| SchoolsFirst Federal Credit Union | 4.99% | 4.99% |
| Auto Approve | 5.49% | 5.49% |
| Digital Federal Credit Union | 5.49% | 4.99% |
| Patelco Credit Union | 5.52% | 5.39% |
| Affinity Federal Credit Union | 5.85% | 5.45% |
| Connexus Credit Union | 5.93% | 5.19% |
| Langley Credit Union | 5.99% | 5.99% |
| FourLeaf Federal Credit Union | 6.03% | 5.88% |
| TDECU | 6.10% | 6.10% |
| U.S. Bank | 7.11% | 7.11% |
| LightStream | 9.99% | 9.99% |
| Lender | Avg advertised APR (October 2026) | Lowest seen |
|---|---|---|
| MyAutoLoan | 5.38% | 3.90% |
| FourLeaf Federal Credit Union | 5.88% | 5.88% |
| U.S. Bank | 7.13% | 7.13% |
| LightStream | 9.99% | 9.99% |
This data is published under CC BY 4.0: free to use in articles, research, and reports with attribution and a link. Suggested citation:
Source: AutoLoanRate.com Auto Loan Rate Index, October 2026, https://www.autoloanrate.com/rate-index/october-2026
Download every month as CSV, or today's lender rates as JSON. Questions about the data? See how we collect it.
Every figure on this page is an average of advertised APRs - the rates lenders publish for their best-qualified borrowers on the shortest common terms. Your own offer depends on credit profile, term length, vehicle age, and state. Two practical uses:
Full collection details, lender coverage, and revision policy: methodology.