State Farm Bank ® Loan FAQs – Vehicles

State Farm Bank ® Loan FAQs – Vehicles

Listed below are responses for some often expected questions regarding automobile loans from State Farm Bank.

State Farm Bank deposit reports are FDIC insured.

Speak with a representative

State Farm Bank provides funding on these brand new and utilized vehicles:

Vehicle Type Loan Term Ranges
  • Vehicles
  • Light Vehicles
  • Sport Energy Automobiles (SUVs)
  • Vans
  • Utilized term range: 12-72 months
  • Brand brand New term range: 12-84 months
  • Ships
  • Leisure automobiles (RVs)
  • Travel trailers
  • Utilized term range: 12-48 months
  • New term range: 12-240 months
  • Motorcycles
  • Utilized term range: 12-60 months
  • Brand New term range: 12-72 months

What forms of automobile loans does State Farm Bank offer?

State Farm Bank provides these automobile loans:

Loan Type definition
Dealer Purchase Financing for automobile acquisitions from a dealership that is licensed.
Rent Buyout Financing for leased automobile acquisitions open to lessee just.
Refinance Refinance of current State Farm Bank or other standard bank automobile loans.
Private Secured Title loan funding as collateral for the personal bank loan.
Private Party

Funding for automobile purchases from the personal celebration.

Note: Contact a continuing state Farm® representative for advice about personal celebration product sales and automobile loans. (more…)