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APR is the Annual Percentage Rate. Advertised as low as APRs 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. No loan documentation fee, but title and state fees may apply. Any applicable discounts, such as Preferred Rewards, will be reflected in the individual APR quote you will receive if you are approved for an auto loan.

With a Bank of America auto loan, you'll get:

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Low rates

Get a low rate when you purchase or refinance

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30-day rate lock guarantee

Your rate is good for 30 days, which means you'll have plenty of time to shop for that perfect vehicle.

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Interest rate discount

Preferred Rewards members can get an auto loan discount of:

  • Gold 0.25%
  • Platinum 0.35%
  • Platinum Honors 0.50%

Estimate your monthly car payment



60 months


Important note: If you’re not currently enrolled in Online Banking, please visit a financial center or schedule an appointment to apply for your private party loan.