Obtain the responses you will need to questions that are common brand brand new, utilized and refinance automobile financing

Obtain the responses you will need to questions that are common brand brand new, utilized and refinance automobile financing

Bank of America provides a variety of car finance kinds:

  • Dealer acquisitions (whenever you buy a fresh or car that is used a dealership)
  • Refinancing of present automobile financing
  • Lease buyouts (whenever you end up buying your leased automobile)
  • Personal celebration (whenever you buy an automobile from another person). You are able to submit an application for an exclusive celebration loan by visiting a economic center.

Yes. The following automobiles are perhaps perhaps perhaps not entitled to funding:

  • Cars avove the age of 10 calendar years
  • Cars with 125,000 kilometers or maybe more
  • Automobiles respected at significantly less than $6,000 (predicated on franchise dealer invoice for brand new automobiles or the value that is wholesale a formal car value gu layer for used automobiles)
  • Automobiles useful for commercial and/or company purposes (we do provide business that is small loans through our Business Advantage product)
  • Commercial automobiles
  • Salvaged or branded-title automobiles
  • Gray lemon or market law automobiles
  • Conversion or delivery automobiles
  • Motorcycles, relaxation automobiles (RV), ships or aircraft

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