Auto Loans

Shopping for a new or used vehicle or looking to refinance your existing auto loan?, Get the competitive rate and attentive service you deserve.

All loans and lines of credit are subject to credit approval. 
​Refinancing to reduce total monthly payments may lengthen repayment term or increase total interest expense.

Features of an Auto Loan from M&T

  • Finance new and used cars or trucks
  • Use for your purchase from a dealership or private party
  • Enjoy a fast application and approval process
  • Receive prompt, professional attention
  • Get competitive interest rates
  • Take u​​p to 30 days to make your purchase
  • Relationship discounts for customers with qualifying M&T Bank consumer checking accounts

​​Terms

Up to 84 months

Rates

3.94% - 12.84% APR

​​Minimum Loan Amount

$2,000

To qualify for the Lowest APR available: 1) the term of the loan must be 63 months or less and; 2) the collateral model year must be 2018 or newer and; 3) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 4) automatic payment deductions from any M&T checking account must be established. To open an M&T MyChoice Premium Checking account, a minimum deposit of $25 is required. Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from 4.04% - 12.84% and are subject to change. Offer good in NY, MD, NJ, PA, DE, CT, VA, WV, and DC.
For example, the monthly payment for a $10,000 loan with $0 down payment and a 60-month term at a non-discounted APR of 4.99% would be $188.67. Your actual rate and payment amount may be different as determined by your collateral, terms, loan amount and credit qualifications. Additional terms and conditions may apply.
To qualify for the Lowest APR available: 1) the term of the loan must be 63 months or less and; 2) the collateral model year must be 2018 or newer and; 3) you must have or open an M&T MyChoice Premium or Power Checking account at time of application; and 4) automatic payment deductions from any M&T checking account must be established. To open an M&T MyChoice Premium Checking account, a minimum deposit of $25 is required. Your final APR will be based on your credit profile (as reported to M&T Bank by an outside reporting agency) and deposit relationship. Current APRs range from 4.04% - 12.84% and are subject to change. Offer good in NY, MD, NJ, PA, DE, CT, VA, WV, and DC.