Automobile Loans
If you are in the market to purchase a new or used vehicle, Somerset Hills Bank offers fast approval and varying repayment terms to meet your financing needs. With an automobile loan from Somerset Hills Bank, you can be driving a new car in no time.
An automobile loan from Somerset Hills Bank offers the following benefits:
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Automobile Loans - Current Rates - as of September 1, 2010
| Vehicle Type | Loan Term | Annual Percentage Rate | Monthly Payment Per $1,000 Borrowed |
| New Vehicle | Up to 48 Months | 5.75% | $23.38 (for 48 months) |
| New Vehicle | 60 Months | 6.00% | $19.34 |
| Used Vehicle (2004-2008) | Up to 36 Months | 6.25% | $30.54 (for 36 months) |
| Used Vehicle (2004-2008) | 48 Months | 6.50% | $23.72 |
*Annual Percentage Rates (APRs) apply to Automobile Loans with automatic deduction from a Somerset Hills Bank checking account. APRs without automatic deduction service are 0.25% higher. APRs are subject to change and may be withdrawn at any time without prior notice.
Contact Us
If you have questions, please feel free to call or stop in at any one of our branch locations, or you may contact one of the following individuals:
| Peter A. Longo Consumer Loan Manager (908) 630-5003 |
James Nigro Senior Loan Officer (908) 630-5016 |
Download an Application
We appreciate your interest in applying for a loan with Somerset Hills Bank. Click on the link below to print out an application and instructions.
