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Bank of America expands 84-month-term eligibility to meet affordability needs 

2026 AFSA Vehicle Finance Conference

Amanda Harris

LAS VEGAS — Bank of America’s auto originations rose in the fourth quarter as the bank eyes expanding the vehicles eligible for 84-month-term financing amid affordability concerns.  The bank’s Q4 auto originations increased 4.9% year over year but ticked down 1.9% quarter over quarter coming off a “strong third quarter” to $7.1 billion, Tim Owens, head of consumer vehicle […]

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