Explore vehicle and financing options

How to find an electric vehicle that's right for you

  • Consider your needs, including where you drive, how many people you need to carry, and where you can charge your EV.
  • Decide if you want a charging station at your home. You may be able to include a charging station with your vehicle financing at a Bank of America network dealer. Contact your dealer for more information.
  • Search available models and incentive options so you can choose what's right for you and your budget.
  • Review buying guides1 to help you make an informed choice: PlugStar® Shopping AssistantEdmunds Buying Guide

Choose an auto loan from Bank of America

Apply before shopping for a car. Having loan terms upfront can help you budget: plus, it saves time and makes it easier to shop.
Financing made easy

Financing made easy

Apply with our easy application and get a fast decision, plus our 30-day rate lock guarantee.2

Rate discount up to 0.50%

Rate discount up to 0.50%

Bank of America Preferred Rewards® members are eligible for a discount on their auto loan rate of up to 0.50%, depending on your tier at the time of application.3

Check current rates

Check current rates

Ready to get started?

How to buy an electric vehicle

Shop and finance all in one place:
Use the Bank of America car shopping site4 to search for and finance your vehicle. With our 30-day Rate Lock Guarantee, you can lock your rate for 30 days while you shop.

Direct from manufacturer:
With some brands, you'll order a vehicle directly from the manufacturer. You'll need to make a deposit up front, then apply for financing close to the delivery time.

Dealer:
Other brands work just like buying a gas-powered vehicle, where you shop at a local dealer. Search our network of authorized dealers, qualify for Bank of America financing, and finalize the purchase price with your dealer.5

Electric vehicle manufacturer spotlights

Bank of America has strategic relationships with a number of manufacturers to help streamline the process of financing your electric vehicle.1 Explore one of those manufacturers here:
Lucid automobile

Visit Lucid Motors

Financing through Lucid Financial Services6