This illustration of a vehicle on Bank of America's site has many asking if BofA is offering a car loan for the Tesla Roadster 2020. Bank of America Preferred Rewards clients can receive an interest rate discount of 0.25-0.50% depending on their tier at the time of applying for an auto loan. Your APR can vary depending on several factors, such as your credit score. Bank of America (BofA) is a large financial institution offering a number of auto loan options, including new, used, refinance, lease buyout, and private party loans. ET on May 14; The firm's new price target implies an 8% upside for Tesla … Bank of America is not affiliated with these dealerships and does not require any particular dealership for your vehicle buying experience. Is there a deadline to apply for a PPP loan at Bank of America? San Diego Metropolitan CU just approved at 1.99%, 60 months. Photo: Bank of America's website/ bankofamerica.com If you're enrolled in this security feature, we sent a notification to your registered device. I have been with them since solar install a couple year back. I live outside the area they normally serve but back then, all I had to do was to become a member of the San Diego Zoo for a year. Learn More Disclaimer: All information provided here is based on Annual Percentage Rate estimates from the websites of the individual lenders on 12/18/2018. Media reports suggest Tesla could be producing its Model 3 in China by the end of 2019, though Bank of America expects the competition to emerge in 2020. Tesla (TSLA-6.9%) is taking a breather today from its torrid +50% run over the last month and +400% gain for the year. Tesla offers new and used car loans on all of its existing models: 3, S, X, Y — you could put down a $100 deposit for the Cybertruck, slated for production in 2021. Verify your identity in the app now to sign in to Online Banking. Bank of America Auto Loan offers a fixed APR auto loan product that ranges from 3.39% APR. Tesla Financing in a nutshell. 1 Bank of America works with thousands of automobile dealerships across the country to assist our customers with the financing of their new and used vehicles. Find out what your credit score is and whether there is any false or inaccurate information in your … In order to provide the necessary time for processing loan applications prior to May 31, 2021 and as long as funding remains available: We will accept new PPP loan applications until 11 p.m. Bank of America on Friday upgraded Tesla to "neutral" from "underperform" and raised its price target to $1,750 from $800.