Auto Loans

Finding the right vehicle should feel exciting, not limiting. Shoreham Bank is here to make auto financing simple and flexible.
 

Auto Loans Built for the Road Ahead

Every journey starts with a reliable ride. Whether you’re buying your first car, upgrading for your growing family, or choosing a vehicle that better fits your everyday life, Shoreham Bank is here to help finance the ride that makes sense for you, with no year, make, or mileage restrictions.


Our Auto Loans

Rates Starting at

3.99%1

Terms Up To

100 Months2

Auto Financing

New and Used

 













We Finance: 

  • Cars, Trucks, and SUVs
  • Motorcycles
  • Commercial Vehicles
  • Recreational Vehicles








    General Requirements for Auto Lending
    • Proof of income showing your ability to comfortably handle monthly payments
    • Employment or steady income history
    • Credit history, including on-time payments and overall credit profile
    • Vehicle details, such as the year, mileage, and purchase price
    • Valid identification and residency information
    • Other restrictions may apply
    Meeting these general requirements doesn’t guarantee approval, but they help us start a thoughtful, informed conversation about your options.


    Why Auto Lending with Shoreham Bank?

    Our auto loans are designed to support a wide range of buying situations so you can focus on the road ahead.
    • No Year, Make or Mileage Restriction
    • New & Used Financing 
    • Clear communication from start to finish
     By choosing Shoreham Bank auto loans, you’re supported at every mile with guidance from local lenders who know your community.


    How to get started?

    We keep the process straightforward and stress-free.
    • Start the conversation by contacting a Shoreham Bank auto loan specialist or applying online
    • Talk through your plans, whether you’re buying new or used
    • Review your financing options with clear, easy-to-understand guidance

    Any time you’d like to ask questions or talk through your auto financing options, our team is here. No pressure, no obligations, just honest support to help you move forward.


    Frequently Asked Questions about Auto Lending

    Can you finance an older vehicle?

    Yes. While some lenders place restrictions on the year or mileage of a vehicle, Shoreham Bank believes reliable cars come in all shapes and sizes. That’s why we offer auto financing without preset year, make, or mileage limits, giving you more flexibility when choosing the vehicle that fits your needs. 

    Is an auto loan the same as a personal loan? 

    Not always. Auto loans are typically secured by the vehicle, which often allows for different terms than a personal loan. Personal loans are usually unsecured and may be structured differently. At Shoreham Bank, our auto loans are designed specifically to support vehicle purchases.

    Do I need a large down payment for an auto loan?

    Down payment requirements can vary depending on your individual situation and the vehicle being purchased. A Shoreham Bank lender will review your application and walk you through what options may be available, clearly and without pressure.

    Is it harder to finance a used car than a new one?

    Used vehicles can sometimes come with more limitations depending on the lender. At Shoreham Bank, we offer new and used vehicle financing because we understand the right car for your journey isn’t always brand new.

    What credit score do you need for an auto loan?

    Credit requirements vary based on individual circumstances. Shoreham Bank reviews each application holistically and encourages borrowers to speak with a local lender to better understand their options.



    Explore auto financing options designed to support your life’s journey.

    Apply Now

 
 
 
 
 
 
Subject to credit approval.
 
 
1. APR = Annual Percentage Rate. Rate of 3.99% APR available on 2026 model year and newer vehicles with terms up to 78 months. Requires a minimum FICO score of 760. Rate is subject to change without notice and may vary based on creditworthiness, loan amount, term, and vehicle. Not all applicants will qualify for the lowest rate.

 2. 100-month term only available on 2026 model year and newer vehicles only. Minimum rate of 6.99% APR applies. Requires a minimum FICO score of 760. Example: A $40,000 loan at 6.99% APR for 100 months would result in 100 monthly payments of $528.88. Example based on a 2026 vehicle and a FICO of 760. Taxes, title, and fees not included. All loans subject to credit approval. Rate is subject to change without notice and may vary based on creditworthiness, loan amount, term, and vehicle.