Auto Loans

Man and Boy in Car

Get on the road with an Eastern Auto Loan.

Are you ready to get that dream car? Are you looking to upgrade into something newer? Eastern Bank is here to help you get from A to B with different options tailored for you.

What's Best for Me? Buying Used vs. New

If you’re in the market for a new vehicle, you may be asking yourself: should I buy new or used? A good place to start is to consider the pros and cons of each option. A new car might offer all the options you want but will be more expensive to purchase. A used car is generally more affordable upfront, but it could require expensive maintenance down the road and may not offer all the features you’re looking for.

Consider all avenues of the vehicle purchase process before you sign on the bottom line.

 

Check Out Our Rates and Terms

New Car

0 to 4-Year-Old Car

5- to 6-Year-Old Car

4.54% APR1

4.74% APR1

5.24% APR1

Terms up to 60 months2

Terms up to 60 months

Terms up to 36 months

Min: $5,000
Max Mileage: 80,000

Min: $5,000
Max Mileage: 80,000

Min: $5,000
Max Mileage: 80,000

Sales Agreement with dollar amount of transaction is needed at time of application.

 

Ways to Apply

1. Eastern Bank Premier and Select account holders receive a 1% discount with auto-pay from an Eastern Bank account. Other customers receive a 0.50% discount with auto-pay from an Eastern Bank account.

2. The minimum term is 12 months.