Bank · FDIC insured
Salem Five Bank Auto Loan Rates
Top CarrotSalem Five Bank auto loans start at 9.74% APR for a new vehicle. Rates checked October 15, 2026.
How Salem Five Bank’s auto loan rates compare
Compared with banks and credit unions near Boston, MA-NH, where Salem Five Bank has the most branches. New vehicle, lowest advertised APR first.
This bank’s lowest
Salem Five Bank
9.74%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
New Vehicles
Lowest rate
Chelsea Employees Federal Credit Union
3.99%APR
- Terms
- up to 72 months
- Discount
- None included
2nd-lowest rate
Hanscom Federal Credit Union
3.99%APR
- Terms
- up to 66 months
- Discount
- None included
Salem Five Bank auto loan score
60
Auto loan score
Higher than 0% of U.S. banks and credit unions
- New vehicleNew9.74%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Salem Five 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.
New Vehicles
Maximum loan terms up to 60 months.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 9.74% | Requires automatic payment from The Open Account. Payment per $1,000 is $21.12. |
| up to 60 months | 9.99% | Without automatic payment from The Open Account. Monthly payment per $1,000 is $21.24. |
Sources (2)
All captured Oct 5, 2026
Used Vehicles 5 Years or Older
Maximum loan terms up to 36 months.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 11.74% | Requires automatic payment from The Open Account. Payment per $1,000 is $33.09. |
| up to 36 months | 11.99% | Without automatic payment from The Open Account. Monthly payment per $1,000 is $33.21. |
Sources (2)
All captured Oct 5, 2026
Used Vehicles Up to 4 Years Old
Maximum loan terms up to 48 months.
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 10.74% | Requires automatic payment from The Open Account. Payment per $1,000 is $25.72. |
| up to 48 months | 10.99% | Without automatic payment from The Open Account. Monthly payment per $1,000 is $25.84. |
Sources (2)
All captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.