![]() Refinancing may increase the total number of monthly payments and/or the total amount paid when compared to your current situation. Requests to cancel a loan will be processed as a loan payoff and require the outstanding loan balance to be paid in full including any accrued fees and interest. We also offer financing for refinances, lease buyouts, and purchases from a private party.īefore considering a lease buyout loan, you should review your lease agreement for the terms and conditions under which the lease can be terminated if it hasn't yet expired, particularly if there are any fees or expenses that may be due pursuant to the terms of the lease. All authorized dealers can be found using the dealer locator tool. Bank of America does not finance vehicles purchased from independent dealers other than CarMax®, Hertz Car Sales®, Enterprise Car Sales and Carvana. Independent dealers are not affiliated with an auto manufacturer and may sell many different brands of vehicles. Bank of America offers financing for new or used vehicles that are purchased from most franchised dealers, and a few independent dealers.įranchise dealers sell new and used cars for auto manufacturers such as Ford®, General Motors®, Chrysler®, Honda® and others. Our auto loan calculator can help you figure out how much financing you may need, and even estimate your monthly payment.
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