BMO Harris Bank auto loans review August 2022 | finder.com

Expert review

BMO Harris Bank offers rates as low as 5.3% on a $10,000 auto loan, and a range of payment options to help you make timely payments every month. People with good to excellent credit scores of 670 or higher have a better chance of getting approved, and it can help to have an existing banking relationship with BMO Harris.

Financing for both used models from 2013 on and new models are available. APRs are based on a number of factors including the model year you’re buying, your credit qualifications and the loan amount.

But BMO Harris Bank only offers loans where it has branch locations in eight states, and there’s no online application or prequalification available. You’ll also be charged a loan processing fee of $75 that’s included in the APR.

Live outside BMO Harris’s footprint or want to score a lower rate? Use our table to compare more auto loan options and get the best financing for your new ride.