Save up to $397 with a Bank of America auto loan1
Datatrac just searched 138,498 banking locations in the United States and found that
Bank of America's rate for a
$30,000 auto loan beats the National average
by up to
18%
earning a Datatrac Great Rate Award and saving you as much as $971 over the life of the loan.
Select Type
A new car loan over 24 months with
Bank of America
is 11%
lower
and saves $223
in interest
compared to the National Market Average.
Bank of America - New Auto - 24 Mo
5.59% APR2†
National Market Average - New Auto - 24 Mo
6.28% APR2
†
About Datatrac
Datatrac is an independent, unbiased research firm that has monitored deposit and loan rates, fees and product features for over 25 years on more than 307,608 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products. www.datatrac.net
- $223 is the difference between the amount paid in interest between Bank of America's rate at 5.59% APR compared to 6.28% APR for the National market average over the life of a $30,000 auto loan over 24 months.
- APR=Annual Percentage Rate. Datatrac’s comprehensive, unbiased research and analysis is updated each
business day and is conducted independent of any financial institution. There is no guarantee that you will receive the rates or terms displayed herein. Actual rates and terms are in the full discretion of the financial institution and are subject to your credit rating and other factors. Please contact Bank of America directly with any questions regarding their current rates and terms.
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