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Save up to $293 with a Bank of America auto loan1

Datatrac just searched 138,192 banking locations in the United States and found that Bank of America's rate for a $30,000 auto loan beats the National average earning a Datatrac Great Rate Award.

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A new car loan over 24 months with Bank of America saves $173 more in interest over the life of the loan. compared to the National Market Average.
Bank of America - New Auto - 24 Mo 5.99% APR2
National Market Average - New Auto - 24 Mo 6.52% 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 303,373 financial institutions locations in America. Datatrac Great Rate Awards certify that deposit and loan rates outperform the market average for comparable products.

  1. $173 is the difference between the amount paid in interest between Bank of America's rate at 5.99% APR compared to 6.52% APR for the National market average over the life of a $30,000 auto loan over 24 months.
  2. 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.