Bank Of America Auto Buying Program -

Existing customers with a Bank of America login can prequalify online in minutes with no impact to their credit score . This provides an estimate of the loan amount and terms they may qualify for.

Once approved, your interest rate is guaranteed for 30 days, giving you time to finalize your vehicle choice without worrying about rate fluctuations.

Shop for a Car and Financing in One Place at Bank of America bank of america auto buying program

Use the online search tool to find vehicles at authorized dealerships in all 50 states.

Complete a no-fee online application. Many applicants receive a credit decision in as little as 60 seconds. Existing customers with a Bank of America login

Users can search local dealer inventory directly through the Bank of America Car Shopping tool to find new or used vehicles that fit their budget.

If approved, you receive an Approval Code . Take this code to the authorized dealer to retrieve your information and finalize the purchase. Shop for a Car and Financing in One

The dealer handles the final paperwork, and you can drive off with your new vehicle. Loan Terms and Eligibility Minimum Loan Amount $7,500 (may vary by state; e.g., $8,000 in Minnesota) Loan Terms Typically 48, 60, or 72 months Vehicle Age Limit Generally 10 calendar years or newer Mileage Limit 125,000 miles or less Vehicle Value Minimum value of $6,000 required