Best Auto Loan Rates in New York: Top 3
Below are the top 3 auto loan rates available to residents in the state of New York. After researching the rate pages of dozens of different banks and credit unions serving people in the state of New York we’ve published the auto loan rates with the lowest APR’s as well as those without any sort of hidden fees or “catch(es).” Because interest rates vary depending on the type of car (car/truck/van/etc), condition (new/used/etc) and the term (36 month/48 month/60 month/etc) we decided to list the rates which are beating the national averages by the highest margins.
The products listed below can apply to either new car loans and used car loans. Also, some of the products we’ve listed may only apply to certain categories of loans such as bad credit auto loans, bankruptcy auto loans, auto refinance loans. They may also come with predefined durations such as 36 month new car loan, 48 month new car loan, 60 month new car loan, 72 month new car loan, 36 month used car loan, 48 month used car loan, etc. Make sure you visit the bank or credit union’s websites for further specifics. The information provided below is time-sensitive in nature. Please refer to the date of this article for accuracy.
Top 3 Auto Loan Rates in New York:
- Bank of America’s National Association has new auto loan rates on 36 month terms going for 2.84% APR. Bank of America has branches throughout the state of New York and can accept funds from consumers nationwide. Bank of America is a publicly traded company (ticker: BAC) and is federally insured by the FDIC.
- Nassau Educators Federal Credit Union based out of Valley Stream, New York has new auto loan rates on 36 month terms going for 2.94% APR. NEFCU has branches throughout the state as well and can accept local funds. They are not-for-profit, member-owned institution and are federally insured by the NCUA.
- Corning Federal Credit Union out of Painted Post, New York has has a 60 month used new loan with an interest rate of 3.89%. CFCU has several locations throughout New York. They are a member-owned institution. They accept local deposits and are federally insured by the NCUA.
If you live in the state of New York and know of a local auto loan rate that is better than the ones listed above, please share by leaving a comment.


December 17th, 2010 at 5:44 pm
Why don’t you have a single conservative author on BV to counter the current 100% of authors who are leftist socialists? Don’t you believe in fair journalism?
December 18th, 2010 at 3:04 am
This is a post on auto loan rates…not politics.