Bank · FDIC insured
Reading Cooperative Bank Auto Loan Rates
Reading Cooperative Bank auto loans start at 8.00% APR for a new vehicle and 9.75% for a used one. Rates checked October 22, 2026.
How Reading Cooperative Bank’s auto loan rates compare
Compared with banks and credit unions near Boston, MA-NH, where Reading Cooperative Bank has the most branches. New vehicle, lowest advertised APR first.
This bank’s lowest
Reading Cooperative Bank
8.00%APR
- Terms
- up to 60 months
Auto Loan – New
Lowest rate
Chelsea Employees Federal Credit Union
3.99%APR
- Terms
- up to 72 months
2nd-lowest rate
Hanscom Federal Credit Union
3.99%APR
- Terms
- up to 66 months
Reading Cooperative Bank auto loan score
60
Auto loan score
Higher than 1% of U.S. banks and credit unions
- New vehicleNew8.00%
- Used vehicleUsed9.75%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Reading Cooperative Bank ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the bank’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Auto Loan – New
Loans up to $50,000 for new cars (2026 model year); maximum 95% of purchase price (must have less than 6,000 miles and be titled).
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 7.25% | Model year 2026. Maximum 95% of purchase price (must have less than 6,000 miles and be titled). Loans up to $50,000. Payment per $1,000 is $24.06. |
| up to 60 months | 8.00% | Model year 2026. Maximum 95% of purchase price (must have less than 6,000 miles and be titled). Loans up to $50,000. Payment per $1,000 is $20.27. |
| up to 72 months | 8.75% | Model year 2026. Maximum 95% of purchase price (must have less than 6,000 miles and be titled). Loans up to $50,000. Payment per $1,000 is $17.91. |
Sources (1)
- readingcoop.com/personal-banking/auto-consumer-loans · captured Oct 22, 2026
Used Cars with Model Years 2021 - 2025
Used vehicles with model years 2021 - 2025 (autos with model years not older than 5 years); maximum 80% of purchase price or NADA blue book value, whichever is less.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 8.75% | Model years 2021 – 2025. Maximum 80% of purchase price or NADA blue book value, whichever is less. Payment per $1,000 is $31.68. |
| up to 48 months | 9.50% | Model years 2021 – 2025. Maximum 80% of purchase price or NADA blue book value, whichever is less. Payment per $1,000 is $25.12. |
| up to 60 months | 9.75% | Model years 2021 – 2025. Maximum 80% of purchase price or NADA blue book value, whichever is less. Payment per $1,000 is $21.12. |
Sources (1)
- readingcoop.com/personal-banking/auto-consumer-loans · captured Oct 22, 2026
Opening an account
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