Wainwright Bank & Trust Company provides various consumer and commercial banking services in Massachusetts. The bank accepts deposits and originates loans to general public and corporations. The bank is dedicated to progressive causes; it provides credit and capital to organizations involved in affordable housing, health care, the environment, and diversity. Wainwright Bank’s main office is located in Boston, MA and the bank has 12 additional bank branches throughout the greater Boston region.
The bank offers new and used auto loans with flexible terms. The bank offers car loans wit a ½% rate reduction for the purchase of hybrid autos. Car loans are for purchases from auto dealers only, no refinancing of loans from other lenders. Auto financing is only for vehicles that are titled in Massachusetts. A 10% down payment required for new car loans; price based on Sales Contract after all rebates. There is a 20% down payment required for used car loans; maximum loan amount based on the lower of the purchase price or NADA average retail value.
Auto loan rates and terms:
Hybrid auto loans 2008 to 2009 up to 5 year term rate is 6.250% APR and requires a 10% down payment. Hybrid auto loans with up to a 6 year term have a rate of 7.250% APR also requires a 10% down payment.
Auto loans 2008 to 2009 new models up to 5 year term has a rate of 6.750% APR and requires a 10% down payment. New models of 2008 to 2009 for up to 6 year terms have a rate of 7.750% APR on the car loan and a 10% down payment.
Auto loans for 2007 to 2008 used models with up to 5 year term has an interest rate of 7.000% APR. These car loans require a 20% down payment. New models of 2007 to 2008 for up to 6 year term auto loans have a rate of 8.000% APR and a 20% down payment.
Used auto loans for 2005 to 2006 models up to 4 year term also has an interest rate of 7.000% APR with a 20% down payment. 5 year term car loans for used 2005 to 2006 models have an interest rate of 8.000% APR, these car loans also require a 20% down payment.
Auto loan rates, terms and fees subject to change without notice. Additional conditions may apply. For more information regarding Wainwright Bank car loans cal the bank at 800-444-2265, e-mail consumerloans@wainwrightbank.com or www.wainwrightbank.com.
For CD rates, visit www.selectCDrates.com. For mortgage rate information visit www.selectcalculators.com.
Tags: auto finance, auto loan rates, auto loans, car loan rates, car loan rates Massachusetts, car loans, used car loans, Wainwright Bank auto loans
No user commented in " Auto Loans and Auto Loan Rates with Wainwright Bank "
Follow-up comment rss or Leave a TrackbackLeave A Reply