Q:

Does SunTrust Bank offer auto loans?

A:

Quick Answer

SunTrust Bank offers auto loans through its LightStream division according to the Auto Loans page on suntrust.com. Auto refinance and auto lease buyout loans are listed as available on suntrust.com in addition to loans for new and used vehicles.

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Full Answer

Loans are available through SunTrust Bank of $5,000 to $100,000 for purchases for classic cars, new cars and used cars from both dealerships and individuals by completing an online application at the LightStream website. When using the LightStream AutoPay option, instead of invoicing, loan rates are a half interest point lower according to the SunTrust Bank website. Loans are offered with no fees or prepayment penalties notes the LightStream website, as of July 2015.

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