New England Bank

Auto Loans

Auto/Recreational Vehicles
 
Are you looking for financing to purchase a new or used car, truck, motorcycle, or recreational vehicle? New England Bank offers a variety of financing terms available with flexible down payments depending on the age of the vehicle.

Rates as of Tuesday, August 2, 2011

Interest RateAnnual Percentage RatePayment per $1,000Closing CostsApply
Auto Loans - NEW (90% LTV) term 72 months
5.250%5.250%$16.22$47.65
 
Auto Loans - USED (85% LTV) (2009/2010) term 66 months
5.750%5.750%$17.71$47.65
 
Auto Loans - USED (80% LTV) (2007/2008) term 60 months
6.250%6.250%$19.45$47.65
 
Auto Loans - USED (75% LTV) (2005/2006) term 48 months
6.500%6.500%$23.71$47.65
 
Auto Loan Disclaimers
 
  • Maximum financing is based on the "Average Retail Price" in the NADA used car guide.(net value of the vehicle only-excluding any sales tax, registration fees, etc.)
  • NEW Auto/NEW small trucks financing based on price of the vehicle only, per sales contract.
  •  An "Offer to Purchase" or "Sales Agreement" must be provided at or before settlement of the loan. If the title is in 2 names, both must sign the loan papers.
  • Auto Loan APR's are based on $10,000, with a $30.00 VSI fee. 
  •  Venders Single Interest Insurance is required on all vehicle loans; a one-time fee is collected at closing of $30.00. VSI insurance only protects the lender. 
  • Auto loans are available to non New England Bank customers.
  •  Due to market fluctuations, programs, rates, terms and conditions are subject to change without notice.

 

Come in and ask more about Auto Loans at any one of our conveniently located branch offices.

At New England Bank, we're "All the bank you'll ever need".