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Car Financing from Bank of America Get car financing information about buying or leasing a car, refinancing your existing car loan and financing options.
Car Financing from Bank of America Get car financing information about buying or leasing a car, refinancing your existing car loan and financing options. Car Finance Bank of America Once you've settled on a particular car, you have two payment options. Paying in full or Financing over time (loan or lease). Car financing increases the total cost of the car because you're also paying for the cost of credit, including interest and other loan costs. Also consider how much money you can put down, the monthly payment, the loan term, and the Annual Percentage Rate (APR). Rates usually are higher and loan terms shorter on used cars than on new ones. Dealers and lenders offer a variety of loan terms. If money is tight, you might consider paying cash for a less expensive car than you first had in mind. financing a car

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