Bank of America Auto Loans. Decide how much of your savings you want to use for a down payment. The more you put down, the less you need to borrow and the smaller your Bank of America auto loans monthly payment will be.

How much can you spend?
Before you set out on your car hunt, figure out how much you can afford to spend.

Determine your down payment
Decide how much of your savings you want to use for a down payment. The more you put down, the less you need to borrow and the smaller your Bank of America auto loans monthly payment will be.

Check the value of your trade-in
If you're trading in your present car, you'll need to check its market value. Use the Kelly Blue Book Web site (www.kbb.com) and the Car Prices Web site (www.carprices.com) to get prices on used cars.

Note:
It's also a good idea to go to a couple of dealerships and ask for a price quote on your car's trade-in value.

Note:*
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What can you pay every month?
Consider how much you can afford for Bank of America auto loans monthly payments based on your income and other monthly expenses. Be sure to include the costs of gas, insurance and upkeep.

* Bank of America is not affiliated with the above automobile organizations, and does not offer, endorse, recommend or guarantee these products or services. By selecting the websites you will be you will be taken to a third party that may offer a different privacy policy and level of security. The third party vendor is responsible for website content and system availability not Bank of America.