Bank of America Auto Loan

What are the benefits of availing the Auto Loan from Bank of America ? Also tell about the eligibility to avail this loan ?

As you want I am here telling you about the benefits of availing the Auto Loan from Bank of America and about the eligibility for the loan .

Auto loan benefits

Competitive auto loan rates.

Access to funds in as little as 24 hours

Easy-to-use online auto loan calculators

Multiple purchase types available

Dealer network

Eligibility requirements and condition:

Collateral:
Maximum vehicle age :
10 calendar years old for all purchase types

Vehicles with 125,000 miles or greater are not eligible for financing

No commercial vehicles

No vehicles used for commercial/business purposes

No salvage, rebuilt or branded title vehicles

No gray market or lemon law vehicles.

No conversion or delivery vehicles

No motorcycles, recreation vehicles (RV), boats, or aircraft

Applicant(s):

Applicant must be US Citizens, Resident Alien, or Non Resident Alien

18 years of age or older (19 years if in AL or NE)

Loan structure:

Term limits may apply

Minimum loan amount :
$5,000 ($7,500 in SC and MN)

Loan-to-value restrictions apply

Down payment may be required

Title and state fees may apply

Pre-payment fee may apply in FL, LA, and OH

Loan fee may apply

Powers of Attorney are not accepted

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