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Auto Loans

Auto Loans

Finding your best auto rate starts here

Which option best describes your auto loan needs?

Advertised as low as APRs (annual percentage rates) assume excellent borrower credit history. Your actual APR may differ based on your credit history, approved loan amount, term, state of residence and applicable discounts, such as Preferred Rewards. These discounts will be reflected in your individual APR quote if you are approved for a loan.

What will my monthly car payment be? Calculate Getting a new car loan is simple Our competitive interest rates and multiple financing options can help you find just the right car for your budget. Annual percentage rates as low as 2.49% Apply now for a new car loan Preferred Rewards

Enroll in Preferred Rewards for a 0.25% to 0.50% interest rate discount.Footnote2 Learn more about preferred rewards

How much can I comfortably afford? Calculate Find a used car at a competitive rate When you're buying from a Bank of America authorized dealer, our low used car loan rates can help you find your best deal. Annual percentage rates as low as 2.84% Apply now for a used car loan Preferred Rewards

Enroll in Preferred Rewards for a 0.25% to 0.50% interest rate discount.Footnote2 Learn more about preferred rewards

Could I save money by refinancing? Calculate Refinance and lower your loan rates Pay less over the life of your loan when you refinance with Bank of America. Annual percentage rates as low as 2.99% Apply now for refinance Learn more about refinancing Preferred Rewards

Enroll in Preferred Rewards for a 0.25% to 0.50% interest rate discount.Footnote2 Learn more about preferred rewards

Dealer Locator

Take the worry out of financing by purchasing your next car through Bank of America's dealer network. Once you've been approved via our online application, our phone support team will help you get an approved dealer letter to take to any one of our dealerships.

  • Having an approved loan allows you to negotiate with dealers on what really matters – the price of the car.
  • Getting approved is easy with our 3-step loan process and will save you time at the dealer
Apply for an Auto Loan at Bank of America Apply for an auto loan at Bank of America with our quick 3-step process that takes the guesswork out of getting a car loan.

Your car loan in 3 easy steps

Our quick, 3-step process takes the guesswork out of getting a car loan. Simply apply online for your auto loan to receive a decision, usually within minutes. If you're approved, we'll call you right away to discuss your auto financing options. It's that easy!

Looking for additional information?

  • Auto loan basics

    Learn how to determine your automobile needs, plan a budget or research your options. Find out what steps you need to take before you buy.

    Buying a new or used car
  • Finance a car

    Find out how to determine your down payment, learn about leasing vs. buying or read up on how to refinance your current auto loan.

    Learn more about financing
  • Auto loan FAQs

    What are the auto loan eligibility requirements and conditions?

    What types of loans do you offer?

    Are there any vehicles that Bank of America does not finance?

    See all auto loan FAQs

Apply for an auto loan

Apply for an Auto loan now

Information for Virginia

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