Welcome to easy street.
Thanks to our range of terms, versatile payment options, and an easy, intuitive one-time application, we make buying a car simple and affordable.
Whatever your situation, at UMassFive we want to make your auto experience easy and accessible - and thanks to a wide range of options, we will get you behind the wheel in no time.
If you already own a car, we might be able to help shorten your existing terms and/or lower your existing rate through refinancing.*
Quick & Easy: An Intuitive Application
Apply online. Quick, easy, and only once. What's more? Most members get a decision the same day.
Shorter & Lower:
Already own a car and working with another lender?
We might be able to help you shorten your term, lower your rate, or both! *
Fair & Flexible: Terms that work
- Financing up to 125%
- Terms up to 84 months
- Flexible payment options
- No prepayment penalties
Lower Your Rate Even More With Co-op Points
That's right. With 2,500 Co-op Points, you can reduce your Auto Loan rate by 0.25%. Do you have 5,000 Points? You can reduce that rate by up to 0.50%!
Auto Loan Rates
|Product||Annual Percentage Rate (APR)||
APR with 2,500
|Rates Start at...|
|Autos: New, Used, and Refinancing||6.74%||6.49%||6.24%||24 to 66 Months|
|Autos: New, Used, and Refinancing||7.49%||7.24%||6.99%||67 to 72 Months|
|Autos: New, Used, and Refinancing||8.29%||8.04%||7.79%||73 to 84 Months|
Payment example: 6.74% for 66 months equals $18.18 per $1,000 borrowed.
*In order to keep our rates low, we do not offer refinancing on existing UMassFive Auto Loans.
Ready to apply for your Auto Loan?