Daily Auto Loan Rates Florida
February 03, 2026
What Auto Loans Are
Auto loans finance the purchase of a vehicle. You borrow a lump sum to buy the car and repay with interest over a fixed term. Rates can be fixed or variable, and terms typically range from 24 to 84 months. A down payment lowers the amount financed and may improve approval odds.
Tips for Getting the Best Auto Loan in Florida
Shop multiple lenders, including banks, credit unions, and online lenders that focus on Florida borrowers. Check your credit score, compare APRs, fees, and total cost over the term. Consider shorter terms for lower total interest, but ensure the monthly payment fits your budget.
Florida Market Conditions for Auto Loans
Florida’s population growth and economy drive car demand. Rate levels influence both new and used car loans, with competition among lenders helping Florida shoppers find favorable terms. Expect variability by lender and vehicle type, especially for longer terms.
Rate Comparison Highlights for Florida
Below you’ll find daily APRs from popular lenders. Our state-focused approach helps you spot the best offers for a Florida purchase. Remember, the table below shows starting APRs and may include fees that affect total cost.
Potential Future Outlook for Florida
As macro rates shift, Florida borrowers may see moving APRs and tighter or looser credit. Near-term trends depend on inflation, policy, and consumer demand. A steady flow of incentives and preapproval options could keep Florida rates competitive through 2026.
Benefits of AutoLoanRate.com
We track daily auto loan rates for Florida, aggregate offers from many lenders, and present transparent comparisons. Quick preapprovals, real-time updates, and helpful summaries save you time and help you negotiate a better deal.
FAQs
Do I have to live in Florida to use this site? No—any shopper can compare Florida-focused offers and apply online where allowed. How often are rates updated? Our data refreshes daily. What affects my APR? Credit score, loan amount, term, vehicle type, and fees. Should I pay points to lower APR? Only if the break-even point makes sense for your budget and how long you’ll keep the loan.
Auto loan rates comparison table for Feb 03, 2026
|
Lender |
Est. Payment |
Starting APR |
Term (Months) |
Est. Fees |
|
Sun Trust |
$891 |
24 |
$1,384 |
||
|
Sun Trust |
$616 |
36 |
$2,176 |
||
MyAutoLoan |
$608 |
36 |
$1,888 |
||
|
Sun Trust |
$479 |
48 |
$2,992 |
||
|
Sun Trust |
$398 |
60 |
$3,880 |
||
|
MyAutoLoan |
$391 |
60 |
$3,460 |
||
|
Sun Trust |
$342 |
72 |
$4,624 |
||
|
MyAutoLoan |
$338 |
72 |
$4,336 |
||
|
MyAutoLoan |
$304 |
84 |
$5,536 |
* Default rates and fees are based on an average $20,000 loan with good credit.