Eastern Bank Auto Loans

Man and Boy in Car

Auto Loans, Car Loans & Auto Financing

Eastern Bank offers flexible auto financing options for both new and used cars to get beginners and veterans of our highways and byways out on the road. Whether you’re looking for a new car loan or a used car loan, Eastern Bank can help you get behind the wheel.

With both new and used car loans, qualified customers may finance up to 90% of the vehicle value to potentially include sales tax, warranties and other related costs. At the time of the auto loan application, the customer needs a Sales Agreement with the dollar amount of the transaction listed.

For closing, all applicants need:

How to Apply for an Auto Loan from Eastern Bank

Applying for an Auto Loan from Eastern Bank is easy:

  • Call 1-800-EASTERN (327-8376)
  • Apply in person at an Eastern Bank branch. Use our branch locator to find one near you.

 

Check out our New & Used Car Loan Rates and Terms

New Car

Used Car: 0 to 4 Years Old

Used Car: 5 to 6 Years Old

4.54% APR1

4.74% APR1

5.24% APR1

Terms up to 60 months2

Terms up to 60 months2

Terms up to 36 months2

Minimum new car loan: $5,000
 

Minimum used car loan: $5,000
Maximum mileage: 80,000

Minimum used car loan: $5,000
Maximum mileage: 80,000

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

(2) The minimum term is 12 months.

The annual percentage rate (APR) is what credit costs a borrower each year, expressed as a percentage of the loan amount.

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

     

    Auto Loan Monthly Payment Calculator

    How to Apply for an Auto Loan from Eastern Bank

    Applying for an Auto Loan from Eastern Bank is easy:

    • Call 1-800-EASTERN (327-8376)
    • Apply in person at an Eastern Bank branch. Use our branch locator to find one near you.