M&T Bank | Auto Loan

M&T Bank Auto Loan
3.7
M&T Bank offers auto loans as small as $2,000, with rates under 16% for affordable monthly payments.

Loan Details

  • Loan Amount Starting at $2,000
  • APR From 6.14%-15.69%
  • Min Credit Score Not Specified

Rates by Type

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New/Used Car Loans Refinancing
APR 6.14% -15.69% 6.14% -15.69%
Loan Amounts $2,000 $2,000
Loan Terms up to 84 months up to 84 months

Disclaimer: We are an independent information site, not an insurance company. All figures are estimates for comparison only; table data represents full coverage premiums. Please verify final quotes and terms directly with the insurer.

Pros & Cons

Pros
  • Loans start as low as $2,000.
  • Existing customers may get a rate discount.
  • 24/7 customer support is available.
Cons
  • Auto loans are only available in 13 eastern states.
  • Vehicle details are needed before you can apply.
  • M&T does not offer auto loan prequalification.

Eligibility

The Buffalo-based bank does not disclose credit score or minimum income requirements, but to apply, you must be at least 18 years old and a legal resident.

  • Have a loan term of 63 months or less
  • Finance a vehicle that is the current model year or newer
  • Have a qualifying M&T bank account
  • Set up automatic payments

Application

According to the M&T Bank website, the application process only takes a few minutes and can be completed online or at one of its branch offices.

1. Apply for an auto loan

You can fill out and submit an application on the website, at a branch, or by phone.

2. Receive a lending decision

If you are approved for financing, choose the loan terms that best fit your needs.

3. Seal the deal

After submitting the application, you will have up to 30 days to complete your purchase.

  • Social Security number
  • Income and employment information
  • Assets and liabilities
  • Email address
  • Year, make, model, mileage, and VIN number

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Total Loan Amount
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Loan Terms
months Number range from 1-480
Interest Rate
% Number range from 0-99
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