Bank of America offers car loans to eligible borrowers for purchasing new or used cars, or refinancing an existing car loan. Here are some general features of Bank of America's car loan.

Loan amounts

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Loan terms

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Interest rates

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Fees

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Eligibility

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How to apply

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Bank of America offers car loans to eligible borrowers for purchasing new or used cars, or refinancing an existing car loan. Here are some general features of Bank of America's car loan.

Loan amounts

Bank of America offers car loans ranging from $7,500 to $100,000.

Loan terms

You can choose a loan term between 12 and 75 months.

Interest rates

Interest rates for Bank of America's car loans are competitive and vary depending on your creditworthiness and the loan term.

Fees

There are no application fees or prepayment penalties for Bank of America car loans.

Eligibility

To be eligible for a Bank of America car loan, you must be at least 18 years old, have a valid Social Security number, and have a minimum annual income of $24,000.

How to apply

To apply for a Bank of America car loan, you can start the application process online, over the phone

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