New Vehicle Loans Purchase · Rates as low as 1.74% · Terms from 36 to 84 months · Financing up to 120% of purchase price. Bank of America requires auto loan borrowers to finance a minimum of $7,500 (or $8,000 in Minnesota). The maximum amount is limited to $150,000. GM Financial provides auto loan financing through auto dealers across the U.S. and Canada. We proudly service customers and dealers with competitive.