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:
- Proof of income for any auto loan request greater than $25,000. Other terms may require income verification. RMV-1 for Purchases
- The form for Massachusetts purchases is available from the Massachusetts Registry of Motor Vehicles
