Used Car Loans

Used Car
Loans¹

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Get that perfect used car financed with us

  • 9.5% APR* 9.5% APR*
  • Finance up to 60% of the invoice price or N.A.D.A value² Finance up to 60% of the invoice price or N.A.D.A value²
  • Payment terms up to: 36 months (3 year old cars) Payment terms up to: 36 months (3 year old cars)
  • Loans amount between $15,000 and $100,000 Loans amount between $15,000 and $100,000

Loan Details:

  • Only purchases from car dealerships are accepted by the bank;
  • Auto insurance is required on all auto loans;
  • An origination fee of $300 will be charged, plus a Documentary Stamp Tax.

Documents required:

  • Complete, signed loan application;
  • Vehicle purchase order from car dealership;
  • Applicants with valid nonimmigrant visas require proof of U.S. property ownership;
  • 2 years tax return or accountant/CPA letter verifying income for previous two years and the current year to date;
  • Proof of address such as utility bill;
  • Bank statement for the last 3 months;
  • Copy of valid driver’s license;
  • Copy of passport and U.S. Visa (proof of legal status in the US, if applicable);
  • Any other document deemed necessary for approval.
Get Started:

Visit a BB Americas Bank branch near you and take the first step to finance your car.

Visit a Branch

Auto loan financing is limited to two vehicles per Borrower/Guarantor.
*APR = Annual Percentage Rate and terms are subject to change without prior notice
¹Used Car: The APR shown is based on a 36 month, fixed-rate, $50,000 loan (sales tax, tag, title and fees excluded) with 40% down of the invoice price or NADA. Based on an interest rate of 9.5%, this loan would have 36 monthly payments of $1,601.65 each and an annual percentage rate (APR) of 9.63%.
²Excludes sales tax, tag, title and fees. Invoice price or N.A.D.A. value, whichever is lower, based on accountant/CPA letter maximum LTV of 50%. Automobiles up to 3 years old.
*Vehicle to be purchased and registered in the state of Florida.

Fill in the fields below with your contact information and one of our specialists will contact you as soon as possible.

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