Bank of America Car Loan Rates

Bank of America is advertising some of the best car loan rates available these days. The new car loan rate is the lowest auto loan rate available at Bank of America, the current new car loan rate is currently at 4.10 percent for car loans up to 60 months and 4.34 percent for auto loans for 61 months to 72 months.

Getting a new Car? Now is the time to look into how much auto insurance will cost for your new vehicle. Find auto insurance companies offering coverage in your zip code here: Auto Insurance Rates

Bank of America’s used car loan rate for cars purchased at a franchise dealer is currently being advertised at 4.55 percent for car loans up to 60 months and the auto loan rate is 4.74 percent for loans between 61 months and 72 months.

Used car loans for purchasing an auto from a private party is a lot higher than purchasing from a franchised dealer. The current rate of loans up to 60 months is 6.85 percent and 7.65 percent for auto loans between 61 months and 72 months.

Rates for doing an auto refinance are at 4.74 percent for auto loans up to 60 months and 5.54 percent for car loans between 61 months and 72 months. Leased buyout loans, buying your leased auto and financing the purchase,  are at 9.24 percent for car loans up to 60 months and 9.69 percent for car loans between 61 months and 72 months.