Whether it's a high-powered sports car for your fast-paced personality, or the family-friendly electric vehicle you need for your growing family, Bank of America® can help you feel more in control on the road to buying and financing your next vehicle. View our Bank of America auto loan eligibility requirements for more information.īuying the vehicle that complements your lifestyle is important. No loan documentation fee, but title and state fees may apply.Įxample: A 5-year, fixed-rate new car loan for $37,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate used car loan for $25,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate refinance loan for $23,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate lease buy-out loan for $21,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %.Įxample: A 5-year, fixed-rate private party loan for $20,000 would have 60 monthly payments of $ 358 each, at an annual percentage rate (APR) of %. These discounts will be reflected in your individual APR quote if you are approved for a loan. Your actual APR may differ based on your credit history, approved loan amount, term, state of residence and applicable discounts, such as Preferred Rewards. Change your stateĪdvertised as low as APRs (Annual Percentage Rate) assume excellent borrower credit history.

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