If you plan on selling your car, there are various ways you should consider so that you can get the best price for your vehicle. The main methods focus on trading in your car ...
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
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Calculate a Vehicle Payment
Thinking about buying a car? Our Vehicle Payment Calculator makes it easy to estimate your monthly payments. Just enter some vehicle information and you’ll get a quick look at what your payments could be.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Low Rate or Cash Back?
Trying to decide between a low interest rate or a cash back offer on your next vehicle? Our Auto Offer Comparison Calculator makes it easy to see which deal could save you more. Just enter a few details like the car price, loan term, and available offers, and the calculator will show you how each option affects your total cost and monthly payment.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Compare Monthly Payment by Term
Want to see how your monthly car payment changes based on the loan term? Our calculator makes it easy. Just enter the vehicle and trade-in information and choose different loan terms to compare monthly payments side by side. It’s a quick way to find a payment plan that fits your budget.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Vehicle Affordability by Loan Term
Not sure how much car you can afford? Our Vehicle Affordability Calculator helps you see what fits your budget based on different loan terms. Just enter your ideal monthly payment, interest rate, and purchase information, and the calculator will estimate the total vehicle price you can afford.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Compare Two Vehicle Loans
Trying to decide between two auto loan offers? Our Compare Vehicle Loans Calculator makes it easy to see the difference. Just enter the loan amounts, interest rates, and terms for each option, and the calculator will show you how the monthly payments and total costs stack up.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Gas Mileage Savings with a Fuel Efficient Vehicle
Wondering how much you'll spend on gas each month? Our Monthly Gas Cost Comparison Calculator helps you estimate fuel costs based on different vehicles, driving habits, and gas prices. Just enter your mileage, fuel efficiency, and price per gallon to compare monthly costs side by side.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans -
Purchase or Lease a Vehicle
Deciding whether to buy or lease your next vehicle? Our Purchase vs. Lease Calculator can help you compare the costs side by side. Just enter a few details like vehicle price, loan terms, lease terms, and the calculator will show you the potential monthly payments and overall costs for each option.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Learn more about Salem Five's Automobile Loans
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