Skip to main content

Auto Loans


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.

Hero Image Full

Are you looking for a car?

Already have one?

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%!

Learn more about Co-op Points


Auto Loan Rates

Product Annual Percentage Rate (APR)

APR with 2,500
Co-op Points

APR with
5,000 Co-op Points

Max Term
  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?