Auto Loans · Somerville, Massachusetts
5 credit unions in Somerville report car loan rates to the NCUA. Rates range from 4.00% to 5.99%.
Updated Q1 2026 · NCUA Call Report data
5
CUs Reporting Rates
4.00%
Lowest New Car Rate
4.80%
City Average Rate
5 credit unions sorted by APR
| # | Credit Union | New Car APR | Used Car APR |
|---|---|---|---|
| 1 | SOMERVILLE MASS FIREFIGHTERS | 4.00% | 4.50% |
| 2 | SOMERVILLE SCHOOL EMPLOYEES ★ 5.0 · 1 reviews | 4.50% | 4.75% |
| 3 | HEALTH ALLIANCE ★ 2.3 · 3 reviews | 4.50% | 7.00% |
| 4 | SOMERVILLE MUNICIPAL ★ 3.9 · 15 reviews | 5.02% | 6.75% |
| 5 | NAVEO ★ 3.7 · 32 reviews | 5.99% | 5.00% |
5 credit unions sorted by APR
| # | Credit Union | Used Car APR | New Car APR |
|---|---|---|---|
| 1 | SOMERVILLE MASS FIREFIGHTERS | 4.50% | 4.00% |
| 2 | SOMERVILLE SCHOOL EMPLOYEES ★ 5.0 · 1 reviews | 4.75% | 4.50% |
| 3 | NAVEO ★ 3.7 · 32 reviews | 5.00% | 5.99% |
| 4 | SOMERVILLE MUNICIPAL ★ 3.9 · 15 reviews | 6.75% | 5.02% |
| 5 | HEALTH ALLIANCE ★ 2.3 · 3 reviews | 7.00% | 4.50% |
A pre-approval from a Somerville credit union lets you negotiate on price, not payment. The dealer can try to beat the rate — but you're in control either way.
Multiple auto loan applications within 14–45 days count as a single hard inquiry. Apply at several credit unions in Somerville in the same window and take the best offer.
See member reviews, branch locations, and full rate details.