M&T Bank Auto Loans review

Updated

The purchase of a new or used vehicle can mean a significant outlay for our finances. One way to spread out the payment of large sums of money is by using M&T Bank's auto loans, which you can take advantage of to buy the model you like or to refinance a loan you have.

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General
APR: 7.24%
Interest: 7.24%
Loan commissions
Study commission: Consult
Opening commission: 0%
Commission for advance payment: 0%
Loan limits
Minimum amount: $ 2,000
Maximum amount: Consult
Minimum of months: Consult
Maximum of months: 84

Auto Loans Info

M&T Bank car loansWhen choosing M&T Bank's auto loans, you should first learn about their main features:

  • You can finance new or used cars/SUVs.
  • It is a quick application and approval process.
  • You have up to 30 days to complete the purchase of the car
  • You get professional and dedicated attention at all times.
  • Get a discounted rate by meeting certain conditions.
  • You have different payment options for your convenience.
  • You have the option of buying from an individual or a dealer

This bank's vehicle loan offer is available in the following states: CT, DE, ME, MD, MA, NH, NJ, NY, PA, VT, VA, DC and WV.

If you want to receive the lowest interest rate, this lender requires the following:

  • The term must be 63 months or less.
  • The model to be financed must be 2018 and up.
  • You have to open a MyChoice Premium or Power Checking account during application.
  • You must set up automatic discounting from any of your M&T checking accounts.
  • The final APR will depend on your credit history with the bureaus and your relationship with the bank.

M&T Bank auto loans may be the ideal vehicle financing if you live where M&T Bank operates.

If you live in another part of the country, you will need an alternative. In the Busconomico database you will find car loans to research, compare and decide on the most attractive option.

Español: Préstamo auto del M&T Bank