Auto Loans and Car Financing Info
If you've found that new or used car you just can't let go of, you can count on Fifth Third Bank's auto loan to get it. If you've found it at a dealership, you have the option to lock in your interest rate as long as the company is affiliated with Fifth Third's program.
You also have the opportunity to improve your payment terms by refinancing your current auto loan. This way you can reduce payments, shorten the term or get a lower interest rate (0.25%) if the financing is from another bank. And if you enable Auto Billpayer to automatically repay installments, you also receive a 0.25% discount.
An advantage of Fifth Third is that it gives you 90 days to pay your first installment. You can also use their multiple calculators to find out how much your payments will be, what term best fits your budget, and whether you're better off leasing to buy or purchasing a vehicle outright.
Also, when you are a Preferred account holder, you can receive other benefits. If you want these additional benefits, you must be eligible for a monthly fee waiver on your checking account at the time of origination.
The Fifth Third Bank auto loan works for those who live where Fifth Third Bank operates and don't want to deal with individuals.
Español: Préstamo auto del Fifth Third Bank