About Bank of America Auto Loans
The Bank of America Dealer & Direct Auto Loan from Bank of America is one of the top-rated Auto Loans options evaluated on MoneyCompared, earning an overall product score of 9.4/10. Direct-to-consumer new, used, private-party, and lease-buyout auto loan offering up to a 0.50% interest rate discount for Preferred Rewards members.
Key highlights include 5.69% - 14.99% Fixed APR (New, Used & Private Party), a fee structure of $0 Application Fee, and Up to 0.50% APR Reduction with Bank of America Preferred Rewards. Accounts are backed by Apply Online in Minutes with 30-Day Rate Lock and supported by Bank of America's 4.8 / 5.0-rated digital banking experience.