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.
Bank of America offers car loans ranging from $7,500 to $100,000.
You can choose a loan term between 12 and 75 months.
Interest rates for Bank of America's car loans are competitive and vary depending on your creditworthiness and the loan term.
There are no application fees or prepayment penalties for Bank of America car loans.
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