M&T Bank Auto Loans
M&T Bank Auto Loans
in Auto Loans from M&T Bank

M&T Bank Auto Loans

in Auto Loans from M&T Bank
Net Recommendation Score -100  


This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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Community Rating

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Credit Score Range 650 - 850
Loan Amount $2,000 - $100,000
APR  (Fixed APR) 3.64% - 14.29%
Loan Term (Months) Up to 84 months

M&T Bank Auto Loans Review

M&T Bank Auto Loans is offered by M&T Bank, a bank founded in 1856 and based in Buffalo, NY. M&T Bank Auto Loans is available in 9 states (and Washington, DC).

M&T Bank auto loan FAQ

How much can you borrow via M&T Bank auto loan?

M&T Bank auto loan loan amounts start at $2,000 and go up to $100,000.

What APR does M&T Bank auto loan offer on its car loans?

M&T Bank auto loan offers a fixed apr car loan product that ranges from 3.64% APR up to 14.29% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

What is the maximum auto loan term you can get with M&T Bank auto loan?

M&T Bank auto loan has car loans with a maximum term of 84 months. Having the option of longer terms allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your car loan, the more interest you will pay.

Does M&T Bank auto loan charge an origination fee?

Yes, M&T Bank auto loan may charge a loan origination fee.

Does M&T Bank auto loan charge a late fee?

Yes, M&T Bank auto loan charges borrowers with a late payment penatly fee

Does M&T Bank auto loan charge prepayment fees?

Yes, M&T Bank auto loan does charge borrowers a fee if they pay their loans early. Consider prepayment fees when you choose a lender because prepayment can reduce or even cancel the interest savings of repaying a loan early.

Can I pay off early my M&T Bank auto loan loan?

Yes, you can. However, M&T Bank auto loan charges a prepayment fee if you pay your car loan early. This fee could reduce or eliminate the savings from paying the car loan early.

What do you need to qualify for M&T Bank Auto Loans?

Applicants with a credit score of at least 650 and up to 850 may be eligible for M&T Bank Auto Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

M&T Bank Auto Loans does not have or does not disclose a minimum annual income eligibility requirement. M&T Bank Auto Loans only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members are eligible to apply for a loan via M&T Bank Auto Loans. Their rates fall within the limits of The Military Lending Act.

Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

  • Recent pay stubs
  • Driver's license
  • Proof of citizenship or residence permit

What is the estimated funding time for a car loan via M&T Bank auto loan?

M&T Bank auto loan will typically approve (or deny) a car loan application within 48 hours and fund the car loan within 7 business days of approval.

Is M&T Bank a legit company?

M&T Bank was founded in 1856, it is a well-established company that has been in business for 166 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

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Message From M&T Bank

For more than 160 years, MandT has helped people and businesses manage their money and make sound financial decisions, so they can live better today and realize their goals for tomorrow. Whether you're buying a home, building a business, or broadening your career, find out how we're making a difference, every day, in communities throughout New York, New Jersey, Connecticut, Pennsylvania, Maryland, Delaware, Virginia, West Virginia and Washington, DC. You deserve a bank that works as hard for your money – and cares as much about your community – as you do. That’s the MandT way. What matters most to you? We’re listening.

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

Message From Our Editor

What we love about M&T Bank Auto Loan

You can use M&T Bank auto loans for purchases from dealerships and private individuals. That means that you can use the loan to purchase a vehicle in almost any situation. Another perk is that the minimum loan is just $2,000, which makes these loans useful for even small purchases.

The loans don’t have any upfront fees and you can extend the loan term for as long as 84 months, making it easy for borrowers to customize their monthly payment to make sure the loan is affordable.

M&T also offers a repayment assistance program for those who are struggling to make their monthly payments. This can include extending due dates or rewriting your loan to lower your monthly payment.

What could M&T Bank Auto Loan do better?

One drawback of M&T Bank auto loans is that the company doesn’t list explicit eligibility requirements for things like credit score or minimum income. That means you might apply for a loan only to find out you have no chance to qualify.

The company also only offers fixed-rate loans. If you like the idea of a variable-rate loan, which often starts with a lower interest rate, you won’t be able to get one from M&T.

M&T Bank Auto Loan’s backstory

M&T is a bank holding company headquartered in Buffalo, New York. It has almost 800 branches located mostly in the Mid-Atlantic. The bank was founded in 1856 and has a reputation for stability. For example, it was the only bank in the S&P 500 not to reduce its dividend during the 2007-2008 financial crisis.

The Verdict

M&T is a stable and reputable lender that offers flexible loans at good rates. If you’re shopping around for a loan, it’s definitely worth checking with M&T Bank auto loans to see if you get a good offer.


  Available in 9 states and Washington, D.C.
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Maryland
  • New Jersey
  • New York
  • Pennsylvania
  • Virginia
  • West Virginia

Feature Breakdown

Application Fee $0
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Cosigner
Military Status
  • Active Duty Military
  • Non-Military
Minimum Age 18
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Recent Pay Stubs
Credit Score Range 650 - 850
APR Type Fixed APR
Loan Amount $2,000 - $100,000
APR (Fixed APR) 3.64% - 14.29%
Loan Term Up to 84 months

M&T Bank Auto Loans Community Reviews


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This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.


Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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