The Bank of America is a auto loan from Bank of America. The ongoing APR is fixed, as low as 5.64% new (dealer) and 5.84% used (dealer), 60-month term, as of October 23, 2026; varies by state; excludes BofA Rewards discount of 0.10%-0.50%. Typical credit limit: minimum $7,500 ($8,000 in Minnesota). Loan terms: 48, 60 or 72 months online; other terms by loan officer.