Automobile Loans

Drive away with the right auto loan

Whether you’re buying your dream car, lowering your monthly payments, or wisely ensuring you’ve got the lowest rate, Salem Five can help. With a variety of term and rate options, our loan professionals can help you navigate to the auto loan that’s right for you. Our maximum loan terms depend on the age of the vehicle:

  • New: up to 60 months
  • Used, up to four years old: up to 48 months
  • Used, five years or older: up to 36 months

Helpful Calculators

Other Articles of Interest

Money Management

Maximize Your Car's Trade-In Value

Many things impact a car’s resale or trade-in value. Learning to maximize your car’s trade-in value gives you more buying power for the purchase of your next vehicle and ...

Credit and Debt

Good Reasons to Borrow Money

You have probably heard, more than once by now, that not all debt is created equal. Some types of debt are beneficial, while others, not so much ...

Credit and Debt

Accelerating Repayment on a Loan

Paying off loans ahead of schedule can have a significant impact on how much you ultimately pay for the loan. Additionally, it can help you eliminate ...

Money Management

Avoid These Car Leasing Mistakes

Leasing a car is a great way to continue driving a new vehicle with the latest comfort, safety, and connectivity features. However, you have to be smart when ...