4 Reasons to Refinance Your Auto Loan

by Scott Markland

Did you know you can refinance your car, truck, RV or motorcycle for a lower interest rate? Many consumers think of refinancing their home, but refinancing your auto loan is a great way to slash your auto payments and enjoy savings each month!

1. Lower your monthly car payment
2. Decrease the interest rate on your loan
3. Skip a payment
4. Pay less to the banks and put more money in your pocket

A $20,000 AUTO LOAN AT 10% vs 5%

10% = $5,500

total paid in interest

vs

5% = $2,645

total paid in interest

Enjoy $2,855 in savings! Lowered payment by almost $50/month!

About The Author


Scott Markland


Read More

by Rate Genius

Auto Refinance 101

Auto refinancing allows you to save money by lowering your interest rate on your car, truck, or SUV. What is Auto Refinance? Most people don’t know that you can refinance your car loan. Refinancing an auto loan pays off an existing loan with a new loan. Replacing an old loan with a new one can…

by Stephanie Colestock

Trucks are Refinanced More Than Any Other Vehicle on the Road: Here’s Why

Anytime you take out a loan for the purchase of a vehicle, you should plan to refinance (or refi) that loan in the future. This allows you to take advantage of a lower interest rate -- courtesy of the economy or just an improvement of your own credit score. You can also use a refi…

by Stephanie Colestock

Springtime Car Maintenance Tips

[su_heading size="27"]Winter is finally on its way out, after a long season of cold temps, ice, and snow. Since all that dreary weather can do a number on your vehicle, spring is the perfect time to tackle some auto maintenance tasks.[/su_heading] No matter where in the U.S. you live, you get to enjoy your share…

review review

Customer Reviews

Read our 10279 Certified Reviews

4.9

READ OUR REVIEWS
apply now apply now

Apply Now

Lower your interest rate and drop monthly payments by an average of $76*/month!


GET STARTED