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Car Loans

You are looking to purchase a new or used vehicle.

What it offers:

 

  • Installment loans for new (2008) and used (2007, 2006, 2005) cars and trucks
  • No down payment required on new cars
  • 10% minimum down payment required on used cars
  • .25% interest rate deduction with automatic payment system "ADS" no need to write checks. ADS will not receive a monthly bill.
  • Available to Massachusetts residents only

 

Terms:

 

  • 12-48 months
  • 60 month terms available for new 2008 vehicles (minimum sale price of $20,000)

Automobile effective through June 3, 2008
     *Up to 100% Financing on New Cars. Maximum Loan Amount for New Cars is $50,000. Minimum down payment for Used Cars is 10%.
    
Term New Car
(2008 and dealer left over 2007)
Annual Percentage Rate
Monthly Principal & Interest per $1,000 borrowed Used Car (2007, 2006, 2005) Annual Percentage Rate Monthly Principal & Interest per $1,000 borrowed
12 Mos.
5.00%
$85.61
5.75%
$85.95
24 Mos.
5.00%
$43.87
6.00%
$44.32
36 Mos.
5.00%
$29.97
6.25%
$30.54
48 Mos.
5.25%
$23.14
6.50%

$23.71(2007 & 2006 only)

60 Mos.
5.50%
$19.10
N/A N/A


If you have any questions about East Boston Savings Bank's loans or services, please contact our Call Center at (800) 657-EBSB, or click "Contact Us" to e:mail our Consumer Lending Division.
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