bank of america car loan Auto Loan 2023

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The process is also quick, with most applicants receiving a credit decision in 60 seconds.

Following the decision, your rate is locked for 30 days following approval — giving you time to shop around before signing a loan agreement.

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Pros and cons of Bank of America auto loans

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join here

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Discount for members only. Rate discounts are only available for preferred members with at least $20,000 in a deposit or investment ac count.

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[{"selector":"#anim-d888faf6-2b38-4a28-84a3-f2e06bd73030 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-16d05d08-597c-477e-8a30-431bd707886d","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] [{"selector":"#anim-fb11065c-1f72-4174-9c34-266832462531","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}] No prequalification. You’ll have to take the couple-point hit to your credit if you want to know potential rates.