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- State Farm BankÆ Full Service Financial
Every State Farm Bank® car loan offers:
- Competitive rates
- No hidden fees
- No mileage restrictions
- Affordable payment options
- Opportunities to finance a car, light truck, SUV, boat, recreational vehicle, motorcycle, jet ski, ATV, snowmobile, and many other types of vehicles
- Total Loss Debt Cancellation¹ included at no additional cost
- Discounted rate for customers who automatically deduct their monthly payment using Automatic Clearing House (ACH) through a State Farm Bank deposit account (checking, money market or savings)
To apply for a loan, contact a State Farm agent.
Why State Farm?
Competitive Rates, No Hidden Fees, 24/7 Customer Service, Total Loss Debt Cancellation¹
Vehicle Purchases
- Before you finance your next vehicle, learn what options you have available.
- Learn how to use your manufacturers rebate.
- Shop with confidence when purchasing your new vehicle.
- Simplify the loan process by talking with an agent.
- Handle everything at once, as your agent offers a convenient, no-hassle environment.
- Your agent will provide all options to help you make a decision that best suits your personal needs.
- Talk with your agent today to learn how to apply.
Refinanced Loans
- Switch your vehicle loan now and save.
- Discuss new payment options that will best fit your personal situation, as well as discuss potential refunds available.
- Refinance a new or used vehicle.
- Save on financing costs, or reduce your term by letting State Farm Bank® payoff your existing loan.
- Talk with your agent to create your personalized payment plan.
- Start enjoying all of the advantages State Farm Bank® has to offer.
Vehicle Loan Disclosures
- Rates are subject to change without notice.
- Rates are dependent upon the loan amount, term, age of collateral and credit history.
- Minimum loan amount is $5,000.
- A pre-payment penalty of $100 will apply when the loan is paid in full within the first 12 months.
- ¹ State Farm Bank Total Loss Debt Cancellation (TLDC) is automatically included as a provision of all newly issued vehicle loan promissory notes. The TLDC provision provides you with financial protection should you incur a total loss to the vehicle (as determined by your insurer) and the insurance settlement amount does not cover the remaining principal balance of your loan. Certain exclusions may apply. TLDC is not an insurance policy. Please contact State Farm Bank® for additional details.