Bank of America Motorcycle Loan Rates 2025: Fast Approval, Low APRs, and Total Flexibility

Compare Bank of America motorcycle loan rates and learn how to qualify faster for low-interest financing and exclusive rewards for members.

With fixed APRs, quick online approvals, and discounts for existing customers, BoA helps riders achieve affordable ownership without the hassle.

Understanding the latest Bank of America motorcycle loan rates can help you secure the best deal and start your next adventure on two wheels.

Dreaming of your next ride? Find out how to get approved for motorcycle loans for fair credit and enjoy flexible rates in 2025.

See Why Bank of America Is a Top Choice for Motorcycle Financing 🏍️

Bank of America stands out for its wide range of financing options, flexible repayment terms, and competitive interest rates.

It’s one of the few national lenders that allows online prequalification, helping you check rates without hurting your credit score.

• APR range: 7.29% – 13.99%
• Loan amounts: $5,000 to $100,000
• Terms: 36 to 72 months
• No prepayment penalties for early payoff
• Preferred Rewards discounts up to 0.25%

See the credit score needed for motorcycle financing!

How to Qualify Quickly for a BoA Motorcycle Loan ⚙️

Getting approved is easier than you might think. Follow these key steps to speed up the process:

1. Check your credit score and address any negative marks.
2. Gather income verification — pay stubs or tax returns.
3. Estimate your down payment (ideally 10–20%).
4. Use BoA’s prequalification tool for instant rate estimates.
5. Apply online through the BoA Auto Loan portal and upload required documents.

Approvals can take less than 24 hours for qualified applicants, with funds available for dealer or private-party purchases.

Estimated 2025 Motorcycle Loan Rates by Credit Tier 💳

Having a solid down payment or joining BoA’s Preferred Rewards Program can help offset a lower credit score with better rates.

Compares Bank of America vs. Competitor Motorcycle Loan Rates 🔍

Updated on 10/28/2025

BoA stays competitive by offering stable rates, nationwide availability, and consistent approval processes without hidden fees.

New vs. Used Motorcycle Financing Options 🆚

When financing through Bank of America, new bikes often come with slightly better rates and more flexible loan lengths.

New Motorcycles:

• Lower APRs (7.29%–9.49%)
• Eligible for manufacturer discounts
• Longer repayment terms available

Used Motorcycles:

• Higher APRs (9.99%–13.99%)
• Shorter loan terms
• Better for buyers rebuilding credit

Used motorcycles remain a smart option for those looking to minimize monthly payments and total interest.

Example Monthly Payments 💰

Even a small APR reduction can save hundreds over the loan’s duration, making prequalification and rate comparison essential.

Compare top motorcycle loan company options in 2025 and find the perfect lender to fit your riding goals and budget.

Read About Refinancing with Bank of America 🔁

If you already have a motorcycle loan, BoA’s refinancing program can help lower your rate or reduce your monthly payments.

Refinancing Benefits:

• Reduce interest and total loan cost.
• Adjust loan term for flexibility.
• Consolidate multiple loans if needed.
• No application or prepayment penalties.

Most riders refinance after 6–12 months of consistent, on-time payments to qualify for better terms.

How to Get the Lowest Motorcycle Loan Rate 💡

• Improve your credit score by paying debts on time.
• Save for a larger down payment (15–20%).
• Apply as a BoA customer to get member discounts.
• Compare rates from multiple lenders before signing.
• Opt for a shorter term to reduce overall interest.

Alternatives to Bank of America Motorcycle Loans 🏦

While BoA is a strong choice, here are a few alternatives worth comparing:

• Credit Unions: Local options often provide slightly lower APRs for members.
• Online Lenders: Offer fast funding but may include higher fees.
• Manufacturer Financing: Harley-Davidson, Honda, and Yamaha frequently run promotional APRs (as low as 0%).
• Dealership Financing: Convenient but can include hidden markups — always read the fine print.

Ride Smarter with Bank of America Motorcycle Financing 🌟

With flexible terms, transparent rates, and member discounts, Bank of America motorcycle loans make it easy to finance your next ride responsibly.

Whether buying new, used, or refinancing, you can count on BoA’s reliability and nationwide coverage.

In 2025, the best strategy for riders is simple: compare lenders, prequalify early, and choose the plan that balances cost and comfort — then hit the road with confidence.

FAQ ❓

1. What are the current Bank of America motorcycle loan rates?
   • Rates typically range between 7.29% and 13.99%, depending on credit and term.
     
2. Does Bank of America offer prequalification?
   • Yes, you can check your rate online without affecting your credit score.
     
3. Can I refinance a motorcycle loan through BoA?
   • Absolutely. BoA allows refinancing after 6–12 months of timely payments.
     
4. Are there discounts for Bank of America customers?
   • Yes. Members enrolled in Preferred Rewards can save up to 0.25% APR.
     
5. What credit score do I need to qualify?
   • While approvals vary, most borrowers succeed with scores of 650 or higher, especially with a solid down payment.