Accelerate to a great rate with Bank of America®

More car. Lower payments.

  • Lock in a great rate – our fixed-rate auto loans are among the most competitive in the industry
  • Pay as little as $310.54 a month for a $25,000 new auto loan Footnote 1
  • Choose from a wide selection of auto loan types tailored to fit your needs – including dealer purchase, private party purchase, refinance and lease buyout

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Footnote 1 Example: A 6 year fixed- rate loan for a $25,000 new car, with 20% down, requires a $20,000 loan. Based on a simple interest rate of 3.40%, and a loan fee of $200, this loan would have 72 monthly payments of $310.54 each and an annual percentage rate(APR) of 3.74%.

Rates

Today's Rates for California
*See Assumptions for details.
June 18, 2013, 12:33 AM Eastern
Loan amounts from $7,500 up to $100,000

Annual Percentage Rates (APR) - As Low As*
Loan TypeUp to 60 Months (%)61 - 72 Months (%)

New car. Opens in a new window

 2.44 2.59

Used car
(franchise dealer). Opens in a new window

 2.49 2.64

Used car
(private party). Opens in a new window

 2.69 2.84

Refinance. Opens in a new window

 2.44 2.64

Lease buyout. Opens in a new window

 3.09 3.29