Bank of the West auto loans review: Rate discounts for electric-vehicle financing

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What you need to know about Bank of the West auto loans

Bank of the West is an affiliate of European bank BNP Paribas that offers wealth-management services and personal and business banking products — like credit cards, personal loans and home equity lines of credit — along the West Coast and across the Southwest, Midwest and Rocky Mountain states. If you’re thinking about getting a Bank of the West auto loan, here are some features that stand out.

Is a Bank of the West auto loan right for you?

A Bank of the West auto loan may be a good fit if you’re an existing customer who plans to finance an eligible electric vehicle. It could also be ideal if you recently moved to the U.S. and are struggling to get auto financing because you haven’t built a U.S. credit history yet.

But if you’re in the early stages of car shopping and want to shop around and compare loan estimates, Bank of the West may not be right for you. According to a bank representative, the lender doesn’t offer the ability to see if you prequalify for an auto loan, and you’ll need information about the car you want to finance when you apply.


About the author: Ashley Chorpenning is a personal finance writer and content creator. In addition to being a contributing writer at Credit Karma, she writes for solo entrepreneurs and Fortune 500 companies. Ashley has a Bachelor of Bu… Read more.