{"id":30473,"date":"2026-04-30T03:14:22","date_gmt":"2026-04-30T03:14:22","guid":{"rendered":"https:\/\/thefundingpoints.com\/?p=30473"},"modified":"2026-04-30T03:14:23","modified_gmt":"2026-04-30T03:14:23","slug":"how-to-refinance-a-car-loan-in-6-steps","status":"publish","type":"post","link":"https:\/\/thefundingpoints.com\/?p=30473","title":{"rendered":"How To Refinance A Car Loan In 6 Steps"},"content":{"rendered":"<div>\n<div id=\"block_be4c1a7aab6714ff98554cae3bcecac2\" class=\"key-takeaways sm:border-l-4 border-(--accent) sm:pl-8 my-8 relative\" style=\"--accent: var(--color-blue-medium)\">\n    <!-- htmlmin:ignore --><\/p>\n<h2 class=\"heading-4 mt-0 mb-4 text-crop-none max-sm:flex max-sm:items-center max-sm:gap-4\" id=\"key-takeaways\" data-position=\"0\" data-beam-element-viewed=\"\" data-id=\"br-h2-0-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Key takeaways\" data-outcome=\"\">\n    <span class=\"shrink-0\">Key takeaways<\/span><br \/>\n        <span class=\"max-sm:h-0.5 max-sm:w-full max-sm:w-full max-sm:bg-(--accent) max-sm:rounded-full max-sm:block\"\/><br \/>\n    <\/h2>\n<p>    <!-- htmlmin:ignore --><\/p>\n<ul class=\"flex flex-col text-gray-700 mb-0 gap-2 list-disc\">\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            Refinancing your auto loan is often a good financial choice if you are able to secure a better rate or a lower monthly payment.\n                                                <\/li>\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            Consider the amount of time remaining on your loan before exploring options to ensure you qualify for the new loan.\n                                                <\/li>\n<li class=\"pl-4 relative marker:text-(--accent)\">\n                                                            To choose the best lender, compare your current loan against potential lenders to see if you will save money \u2014 both on your monthly payment and overall.\n                                                <\/li>\n<\/ul>\n<\/div>\n<p>Not all drivers qualify for competitive auto loan rates when they first take out a car loan. If that was the case for you, refinancing your auto loan may help lower your interest rate \u2014 or at least make your monthly payment a little lower.<\/p>\n<p>Refinancing involves replacing your current loan with a new one of a different length, interest rate or both. To get the best rates, start by comparing lenders and picking the right time to refinance.<\/p>\n<h2 id=\"what\" data-position=\"1\" data-beam-element-viewed=\"\" data-id=\"br-h2-1-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"What is auto loan refinancing?\" data-outcome=\"\"><strong>What is auto loan refinancing?<\/strong><\/h2>\n<p>When you refinance your auto loan, you take out a new car loan to pay off your existing one, ideally with better terms. If your credit has improved or you\u2019re in a stronger financial position, you may qualify for a lower interest rate, reduced monthly payment or a shorter loan term. Lenders will review factors like your credit history, current loan and vehicle\u2019s value to determine if you qualify for refinancing.\u00a0<\/p>\n<p>Refinancing can be a way to improve your financial situation if your original loan came with less favorable terms, which often happens due to a lower credit score or small down payment. <\/p>\n<h2 id=\"when\" data-position=\"2\" data-beam-element-viewed=\"\" data-id=\"br-h2-2-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"When should you refinance your auto loan?\" data-outcome=\"\"><strong>When should you refinance your auto loan?<\/strong><\/h2>\n<p>There are two main reasons to refinance. Either you can get a better interest rate or a more affordable monthly payment, and both are possible if you can qualify for a better offer.<\/p>\n<p>\u201cRefinancing can be the right move if it improves your financial position, and that could be different for everyone,\u201d says Reid Rubenstein, co-founder and managing partner at RefiJet. \u201cThe key is comparing the total cost of your current loan against your potential new one. If the math works in your favor, refinancing is worth pursuing.\u201d<\/p>\n<ul class=\"Accordion w-full align\">\n<li x-id=\"['panel-accordion-item-0', 'heading-accordion-item-0']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-0')\" :aria-controls=\"$id('panel-accordion-item-0')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Scenario 1: You can get a better rate<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-0')\" :aria-labelledby=\"$id('heading-accordion-item-0')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n<p>Car loan refinance rates may be better than your current rate if:<\/p>\n<ul>\n<li>You took out your auto loan when car loan interest rates were high and they have since dropped.<\/li>\n<li>Your credit score has improved \u2014 or your debt-to-income ratio (DTI) has decreased \u2014 since you took out your loan.<\/li>\n<li>Your car has positive equity, meaning you owe less than the car is worth.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-1', 'heading-accordion-item-1']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-1')\" :aria-controls=\"$id('panel-accordion-item-1')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Scenario 2: You need a lower monthly payment<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-1')\" :aria-labelledby=\"$id('heading-accordion-item-1')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n            You can refinance in order to swap to a longer term, which may help lower your monthly payment. However, if you don\u2019t also lower your interest rate, you will pay more interest over time. Compare the pros and cons of refinancing before making a final decision.\n        <\/div>\n<\/div>\n<\/li>\n<\/ul>\n<h2 id=\"how\" data-position=\"3\" data-beam-element-viewed=\"\" data-id=\"br-h2-3-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"How to refinance a car loan\" data-outcome=\"\">How to refinance a car loan<\/h2>\n<p>Following a few key steps can help set you up for success when refinancing your auto loan. Get your paperwork together ahead of time \u2014 like your current loan details, vehicle information and credit profile \u2014 to simplify the process and make it less stressful. Being prepared not only speeds up your application but also makes it easier to compare offers and secure better terms.<\/p>\n<h3>1. Determine vehicle eligibility<\/h3>\n<p>The first step in refinancing a car loan is determining if your vehicle qualifies. Many lenders will only refinance passenger vehicles under 10 years old with less than 100,000 miles. There may be other exclusions as well, such as discontinued models, salvage or flood-damaged titles and heavily modified vehicles<\/p>\n<h3>2. Check your credit score<\/h3>\n<p>You\u2019re more likely to qualify for a lower interest rate if you have good credit, so check your score before applying to understand what offers you may receive. If your credit has improved since your original loan, lenders may view you as less risky and offer better terms. While refinancing with bad credit is possible, it can be harder to secure a lower rate.<\/p>\n<h3 id=\"one\">3. Review your current loan<\/h3>\n<p>The next step is to confirm that refinancing your loan will save you money. To do that, you need to understand the details of your current loan.<\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>Payoff amount: <\/strong>Most lenders require a minimum loan amount between $3,000 and $7,500 to refinance your current loan. You can confirm your payoff amount online or by contacting your current lender. If your loan-to-value (LTV) ratio is high \u2014 meaning you owe as much or more than the car is worth \u2014 then that can also push your APR higher.<\/li>\n<li>\n<strong>Remaining term: <\/strong>You can still refinance if you have less time left on your loan, but refinancing may not save you any more money than just paying off your current loan. The term you choose is important because a longer term could increase the total amount of interest you pay.You will likely need to pick a loan term of 24 or 36 months.\u00a0<\/li>\n<li>\n<strong>Interest and fees: <\/strong>You\u2019ll save the most money through refinancing if you can qualify for a lower interest rate than you currently have. In addition to interest charges, some lenders may charge titling or lien-holder change fees that could increase the cost of your loan. Take time to find lenders with few or no fees to maximize your savings.<\/li>\n<\/ul>\n<h3 id=\"two\">4. Estimate your car\u2019s value<\/h3>\n<p>Refinancing could save you money if your car is newer and has low mileage \u2014 and your loan has a sizable balance. But you may be out of luck if your vehicle is worth less than what you owe. A lender may be much less willing to refinance if you\u2019re already underwater or upside down on your current loan. Resources like Kelley Blue Book and Edmunds make estimating your car\u2019s value relatively simple.<\/p>\n<h3 id=\"five\">5. Get your paperwork in order<\/h3>\n<p>When you apply for preapproval, plan to provide the lender with a few common documents:<\/p>\n<ul class=\"wp-block-list\">\n<li>Proof of income, including W-2s, recent pay stubs, bank statements or tax returns.<\/li>\n<li>Proof of residency, such as a recent utility bill, lease agreement, monthly mortgage statement or tax bill.<\/li>\n<li>Proof of insurance, like recent monthly statements or insurance cards.<\/li>\n<li>Details about your existing loan, such as the balance, interest rate, loan term and monthly payment.<\/li>\n<li>Details about your vehicle, including the year, make, model, mileage and vehicle identification number (VIN).<\/li>\n<li>Loan payoff amount, which you can request from your current lender either online, by phone or at a branch, depending on its contact options.<\/li>\n<\/ul>\n<p>Be sure to check your application and documents for errors before submitting them.  Once you get full approval, follow up with both lenders. If you receive a check, ensure that your previous lender receives it and applies it to your loan. If your new lender is paying off the old one, follow up frequently to avoid missing payments due to clerical errors.<\/p>\n<h3 id=\"six\">6. Compare lenders <\/h3>\n<p>No matter your credit score, it is smart to compare online lenders, banks and credit unions. All lenders weigh your credit score, financial history and eligibility differently. Online lenders, for example, tend to use factors like employment or income when determining your rates.<\/p>\n<p>Compare the rate offered by your current lender with rates from other lenders to get an idea of what you might qualify for. When you are ready, get preapproved with at least three lenders. With multiple offers, you can see which option is the best for your financial goals.<\/p>\n<p>If you want to lower your monthly payment with a <u>longer repayment term<\/u>, make sure you understand how that will impact your interest costs. If you have extra room in your budget, consider a shorter loan term. Depending on the terms, you\u2019ll pay the loan off faster and may save money on interest. Also, check your current loan for fees. Some lenders charge a <u>prepayment penalty<\/u>, making refinancing more expensive.<\/p>\n<section class=\"editorial-insight-box --insight-box +mg-vertical-md\" data-template=\"insight_box\">\n<div class=\"card-body border-l-4 border-blue-800\">\n<div class=\"content-wrapper\">\n<p>\n                    Bankrate tip\n                <\/p>\n<div class=\"content wysiwyg wysiwyg--flush\">\n<p>Continue paying on your old loan until it\u2019s paid in full. You\u2019re still legally responsible for making those payments until the loan is paid off completely.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<h2 id=\"additional\" data-position=\"4\" data-beam-element-viewed=\"\" data-id=\"br-h2-4-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Additional factors to consider before refinancing\" data-outcome=\"\">Additional factors to consider before refinancing<\/h2>\n<p>\u201cRefinancing can save you money every month,\u201d says Melinda Zabritski, head of automotive insights at Experian, \u201cbut you have to consider the overall impact.\u201d<\/p>\n<p>Before jumping into the refinancing process, make sure it makes sense for your finances and long-term money goals. There may be additional costs, especially if you adjust your loan term. The only way to know if refinancing a car loan makes sense is to contact lenders and calculate the costs and potential savings.<\/p>\n<ul class=\"wp-block-list\">\n<li>\n<strong>Prepayment penalties:<\/strong> Many auto loans include clauses specifying how and when you can pay off the loan. These clauses may include a prepayment penalty, a fee assessed if you pay off the loan early. Not all lenders charge this, but it could affect your overall savings.<\/li>\n<li>\n<strong>Time remaining on the loan:<\/strong> If you are near the end of your current loan, it may make more sense to finish paying it off instead of sinking time and money into refinancing.<\/li>\n<li>\n<strong>Your financial health: <\/strong>Your DTI is one of the many factors lenders consider. The more debt you can pay off before applying for a new loan, the greater your likelihood of receiving competitive loan terms.<\/li>\n<li>\n<strong>Your co-borrower or cosigner:<\/strong> If you have poor or bad credit, consider using a <u>co-borrower or cosigner<\/u> to help you qualify for refinancing. You could receive lower rates while enjoying greater financial security by having another party on your loan.<\/li>\n<li>\n<strong>Your current lender:<\/strong> If you are unable to make your payments, your lender may offer payment relief programs that can help you modify your loan or <u>defer your payment<\/u>s until you are in a better financial situation.<\/li>\n<\/ul>\n<div id=\"FirsthandQuote10091a9d-ce34-4bd3-b155-f3eae02404b2\" class=\"firsthand-quote px-5 py-4 border-l-3 border-(--border-color) mb-8 md:px-12\" style=\"--border-color: #AAC7FE;\">\n<div class=\"flex items-center gap-3 border-b border-gray-200 pb-4\">\n        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"w-6\" width=\"24\" height=\"24\" viewbox=\"0 0 24 24\" fill=\"none\">\n    <rect width=\"24\" height=\"24\" rx=\"3\" fill=\"#0157FF\"\/>\n    <path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M15.7072 12.0226C15.4597 11.7779 15.1774 11.5679 14.8687 11.3988C14.9756 11.2962 15.0748 11.1864 15.1655 11.0703C15.6744 10.4051 15.9188 9.58733 15.8546 8.76447C15.8014 7.90419 15.4249 7.0916 14.795 6.47734C14.0616 5.79447 13.071 5.42612 12.0496 5.45645H8.50891V18.543H12.6823C13.7707 18.5819 14.8279 18.19 15.6063 17.4592C16.3848 16.7283 16.8162 15.7227 16.7993 14.6777C16.8128 13.6894 16.4205 12.7357 15.7072 12.0226ZM12.05 6.98267C13.4867 6.98267 14.1952 7.9287 14.2602 8.86643C14.3099 9.8334 13.5909 10.6804 12.5939 10.8292H10.0999V6.98267H12.05ZM10.0999 17.0168H12.6763H12.6828C14.4336 17.0168 15.2158 15.8046 15.2158 14.6777C15.2158 13.6007 14.4943 12.3531 12.4531 12.3531H10.0999V17.0168Z\" fill=\"white\"\/>\n<\/svg><\/p>\n<h4 class=\"text-xl font-bold font-sans m-0\">\n            Ask the experts: How can I get the most out of refinancing a car loan?<br \/>\n        <\/h4>\n<\/p><\/div>\n<div class=\"py-5\">\n<div class=\"swiper\">\n<div class=\"swiper-wrapper\">\n<div class=\"swiper-slide !w-full !overflow-visible !h-auto !ml-0\">\n<div class=\"fhe-quote-item\">\n<div class=\"py-5 text-lg text-gray-900\">\n<p>Consumers who refinanced this past quarter did so about 24 months into their loan. That means they\u2019ve been paying for a couple of years, their loan-to-value ratio has improved, and they\u2019re often in a better financial position.<\/p>\n<p>The original loan term for most people is around 72 months, and those who refinance now are going into a roughly 65-month term. On average, the new loan rate is about two percentage points lower, and the monthly savings are about $70.<\/p>\n<p>Those savings are significant, but if you keep the car for the entire refinanced term, you could end up on a 90-month term since you\u2019re already a couple of years in. Yes, you\u2019ll save monthly, but the total interest paid may be higher.<\/p>\n<\/div>\n<div class=\"flex justify-content-end items-end flex-col\">\n<div class=\"flex items-center justify-end gap-2\">\n<p>        <span class=\"text-base text-gray-700 mb-0\"><\/p>\n<p>            Melinda Zabritski,  head of automotive insights at Experian<br \/>\n        <\/span>\n    <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"swiper-slide !w-full !overflow-visible !h-auto !ml-0\">\n<div class=\"fhe-quote-item\">\n<div class=\"py-5 text-lg text-gray-900\">\n<p>\u201cRemember to think about your long-term savings, not just lowering your monthly bill. Securing a better interest rate or shortening your loan term can save you thousands over time.<\/p>\n<p>\u201cYou\u2019ll get the most value from your refinance by comparing more than just the interest rate. Pay attention to the total cost over the life of the loan, and how the new terms fit into your budget. The right refinance should leave you in a stronger financial position, not just a different one.\u201d<\/p>\n<\/div>\n<div class=\"flex justify-content-end items-end flex-col\">\n<p>        <span class=\"text-base text-gray-700 mb-0\"><\/p>\n<p>            Reid Rubenstein,  co-founder and managing partner at RefiJet<br \/>\n        <\/span>\n    <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div><\/div>\n<div class=\"swiper-controller flex justify-center items-center gap-8 mt-6\">\n                    <button class=\"swipe-button-prev size-10 rounded-full border-2 border-gray-300 text-blue-600 cursor-pointer font-sans font-bold inline-flex justify-center items-center hover:border-blue-600 hover:bg-blue-50 focus-visible:border-blue-600 focus-visible:bg-white focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-offset-2 focus-visible:ring-blue-600 active:border-blue-600 active:bg-blue-100 disabled:border-gray-200 disabled:bg-gray-100 disabled:text-gray-400 disabled:bg-white disabled:cursor-default\"><br \/>\n                        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"size-4\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Left Icon<\/title>\n<path d=\"M15.85 21a1.36 1.36 0 0 1-.938-.379L7.23 12.932c-.51-.51-.51-1.35 0-1.86l7.681-7.69a1.32 1.32 0 0 1 1.86 0c.51.511.51 1.35 0 1.861l-6.745 6.75 6.744 6.751c.51.51.51 1.35 0 1.86a1.29 1.29 0 0 1-.937.38l.016.016Z\" class=\"icon-base\"\/><\/svg>                    <\/button><\/p>\n<p>                    <button class=\"swipe-button-next size-10 rounded-full border-2 border-gray-300 text-blue-600 cursor-pointer font-sans font-bold inline-flex justify-center items-center text-center leading-none tracking-tighter hover:border-blue-600 hover:bg-blue-50 focus-visible:border-blue-600 focus-visible:bg-white focus-visible:outline-none focus-visible:ring-2 focus-visible:ring-offset-2 focus-visible:ring-blue-600 active:border-blue-600 active:bg-blue-100 disabled:border-gray-200 disabled:bg-gray-100 disabled:text-gray-400 disabled:bg-white disabled:cursor-default\"><br \/>\n                        <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"size-4\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Right Icon<\/title>\n<path d=\"M8.168 21a1.39 1.39 0 0 1-.938-.379c-.51-.51-.51-1.35 0-1.86l6.744-6.75L7.23 5.242c-.51-.51-.51-1.35 0-1.86a1.32 1.32 0 0 1 1.859 0l7.681 7.689c.51.51.51 1.35 0 1.86l-7.681 7.69A1.29 1.29 0 0 1 8.15 21h.017Z\" class=\"icon-base\"\/><\/svg>                    <\/button>\n                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<h2 data-position=\"5\" data-beam-element-viewed=\"\" data-id=\"br-h2-5-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Bottom line\" data-outcome=\"\">Bottom line<\/h2>\n<p>Refinancing your car loan can significantly impact your personal finances. But before you apply with a lender, check auto loan rates and compare those terms with the terms of your current loan.<\/p>\n<p>By shopping around and improving your credit score if needed, you may be able to reduce the total amount you pay or get a more affordable monthly payment by switching lenders. If refinancing isn\u2019t right for you, consider alternatives, like <u>trading in your car<\/u>.<\/p>\n<h2 id=\"faq\" data-position=\"6\" data-beam-element-viewed=\"\" data-id=\"br-h2-6-onpage-placement\" data-type=\"h2\" data-location=\"Editorial\" data-name=\"h2_all\" data-text=\"Frequently asked questions\" data-outcome=\"\">Frequently asked questions<\/h2>\n<ul class=\"Accordion w-full align\">\n<li x-id=\"['panel-accordion-item-0', 'heading-accordion-item-0']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-0')\" :aria-controls=\"$id('panel-accordion-item-0')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    If you refinance your car loan, do payments start over?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-0')\" :aria-labelledby=\"$id('heading-accordion-item-0')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<p>\n            Not necessarily. You do get a new auto loan, but if the loan term mirrors what you had on your old loan, the remaining payment period will be the same. That said, opting for an extended term to lower your monthly payments could feel like you\u2019re restarting the loan, and you could pay far more in interest.\n        <\/p>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-1', 'heading-accordion-item-1']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-1')\" :aria-controls=\"$id('panel-accordion-item-1')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    When refinancing a car loan, do you get your money back?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-1')\" :aria-labelledby=\"$id('heading-accordion-item-1')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n            Yes, but only if you opt for a cash-out auto refinance. It involves trading in your current auto loan for a new one for a higher amount. The new lender pays off your old loan and disburses the remaining proceeds to you in cash. Keep in mind that you\u2019ll need equity in your vehicle to qualify. You also risk becoming upside-down or owing more than your vehicle is worth if you decide to move forward with the transaction.\n        <\/div>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-2', 'heading-accordion-item-2']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-2')\" :aria-controls=\"$id('panel-accordion-item-2')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Can you refinance and add someone else to your loan?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-2')\" :aria-labelledby=\"$id('heading-accordion-item-2')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<p>\n            Yes, it is possible to refinance with a co-borrower. The other person will need to qualify as well, and you will share joint ownership of and responsibility for the vehicle. While you may be able to find a lender that accepts cosigners when you refinance, it\u2019s rare, so be prepared to submit a joint application if you want to refinance and add someone else to your auto loan.\n        <\/p>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-3', 'heading-accordion-item-3']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-3')\" :aria-controls=\"$id('panel-accordion-item-3')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    How much does it cost to refinance a car?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-3')\" :aria-labelledby=\"$id('heading-accordion-item-3')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n<p>It\u2019s possible that you may have to pay fees when you refinance your auto loan, although this is uncommon. Some fees vary by state, so contact your local DMV. Possible fees include:<\/p>\n<ul>\n<li>Prepayment penalty.<\/li>\n<li>Application or origination fees.<\/li>\n<li>Administrative fees.<\/li>\n<li>Title transfer fees.<\/li>\n<li>Registration fees.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-4', 'heading-accordion-item-4']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-4')\" :aria-controls=\"$id('panel-accordion-item-4')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    What disqualifies you from refinancing a car?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-4')\" :aria-labelledby=\"$id('heading-accordion-item-4')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n<p>You will not qualify for auto loan refinancing if your vehicle is ineligible due to age, mileage, condition or vehicle type. Some lenders may not work with you if your loan is too new, you owe too little on the loan or you are behind on paying the loan.<\/p>\n<p>Other factors that may disqualify you from refinancing include poor credit history, low income, high DTI ratio or a combination of those factors.<\/p>\n<\/div>\n<\/div>\n<\/li>\n<li x-id=\"['panel-accordion-item-5', 'heading-accordion-item-5']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-accordion-item-5')\" :aria-controls=\"$id('panel-accordion-item-5')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Can you refinance an auto loan with a 500 credit score?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-accordion-item-5')\" :aria-labelledby=\"$id('heading-accordion-item-5')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<div class=\"Accordion-content text-gray-700 px-3 pb-4 sm:px-6 sm:pb-6\">\n            While it is possible, it is unlikely you would qualify for beneficial refinancing terms. Building your credit score could help you improve your overall financial situation and qualify for a more competitive rate in time.\n        <\/div>\n<\/div>\n<\/li>\n<li x-id=\"['panel-where-can-you-refinance-a-car-loan', 'heading-where-can-you-refinance-a-car-loan']\" x-data=\"{ expanded: 0 }\" class=\"Accordion-item\">\n<button class=\"Accordion-titleContainer py-4 px-3 sm:px-6 group sm:py-6\" type=\"button\" :id=\"$id('heading-where-can-you-refinance-a-car-loan')\" :aria-controls=\"$id('panel-where-can-you-refinance-a-car-loan')\" :aria-expanded=\"expanded ? true : false\" x-on:click=\"expanded = !expanded\" :data-outcome=\"expanded ? 'open_accordion' : 'close_accordion'\"><!-- htmlmin:ignore --><\/p>\n<h3 class=\"Accordion-title my-0 mr-2 md:flex-1\">\n    Where can you refinance a car loan?<br \/>\n    <\/h3>\n<p><!-- htmlmin:ignore --><span class=\"Accordion-icon Icon mb-0 block leading-none Icon--sm icon-base-blue-600\" aria-hidden=\"true\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Caret Down Icon<\/title>\n<path d=\"M12 17.152c-.33 0-.675-.131-.94-.378L3.384 9.09a1.32 1.32 0 0 1 0-1.86c.51-.51 1.351-.51 1.862 0L12 13.977l6.755-6.747c.51-.51 1.351-.51 1.862 0 .51.51.51 1.35 0 1.86l-7.694 7.684a1.295 1.295 0 0 1-.94.378H12Z\" class=\"icon-base\"\/><\/svg><\/span><\/button><\/p>\n<div class=\"Accordion-contentWrapper\" :id=\"$id('panel-where-can-you-refinance-a-car-loan')\" :aria-labelledby=\"$id('heading-where-can-you-refinance-a-car-loan')\" x-show=\"expanded\" x-collapse=\"\" role=\"region\" style=\"height: 0; overflow: hidden; display: none;\">\n<p>\n            In most cases, you will be able to find refinancing options at banks, credit unions and online lenders. Sometimes, you can refinance with the lender who funded your original loan \u2014 but this option is rare.\n        <\/p>\n<\/div>\n<\/li>\n<\/ul>\n<div class=\"HelpfulCTA mx-auto flex flex-col items-center gap-6 my-6 py-12 text-base border-y border-gray-200\" data-helpful-cta=\"\" data-beam-element-viewed=\"\" id=\"did-you-find-this-helpful\" data-type=\"cta\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"Did you find this page helpful?\">\n<div class=\"HelpfulCTA-initial w-full flex flex-col items-center gap-4\" data-cta-initial=\"\">\n<div class=\"HelpfulCTA-question text-lg font-bold text-center text-gray-900\">\n            Did you find this page helpful?<\/p>\n<div id=\"y7emI5BnNG\" class=\"hidden\">\n<div class=\"wysiwyg wysiwyg--sm wysiwyg--flush max-w-xs\">\n<p class=\"mb-6 text-base\">\n                            <strong class=\"block font-bold text-gray-900\">Why we ask for feedback<\/strong><br \/>\n                            Your feedback helps us improve our content and services. It takes less than a minute to<br \/>\n                            complete.\n                        <\/p>\n<p>Your responses are anonymous and will only be used for improving our website.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Help us improve our content<\/p>\n<div class=\"HelpfulCTA-actions flex gap-4 mt-2\">\n            <button type=\"button\" class=\"HelpfulCTA-btn HelpfulCTA-btn--yes border border-2 border-blue-600 text-blue-600 rounded px-6 py-2 transition font-semibold flex items-center gap-2 hover:bg-blue-50\" data-cta-yes=\"\" data-beam-element-clicked=\"\" id=\"did-you-find-this-helpful-yes\" data-type=\"button\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"Yes\" data-outcome=\"response submitted\"><br \/>\n                <span class=\"Icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Thumbs Up Icon<\/title><path d=\"M13.165 2.175c.322 0 .57.022.774.065.796.161 1.43.624 1.85 1.345.71 1.216.722 3.067.023 5.499h.516c2.28 0 3.422 0 4.337.548a3.844 3.844 0 0 1 1.721 2.25c.29 1.032 0 2.13-.592 4.336l-.516 1.926c-.312 1.151-.484 1.786-.882 2.324a3.368 3.368 0 0 1-1.442 1.098c-.625.247-1.28.248-2.475.248l-.021.01h-4.595c-.42 0-.636 0-.84-.032a4.19 4.19 0 0 1-.635-.15c-.204-.065-.387-.162-.763-.355l-1.69-.856c-.014.034-.026.069-.043.102a2.334 2.334 0 0 1-1.044 1.044c-.495.247-1.012.248-1.948.248h-.161c-.936 0-1.453 0-1.947-.248a2.333 2.333 0 0 1-1.044-1.044C1.5 20.038 1.5 19.52 1.5 18.585v-7.683c0-.936 0-1.452.248-1.947A2.387 2.387 0 0 1 2.792 7.91c.494-.248 1.01-.247 1.947-.247h.16c.937 0 1.454 0 1.95.247.353.177.653.44.875.763.64-.606 1.788-2.184 3.31-5.142.183-.366.312-.603.538-.819.193-.193.462-.355.72-.441.302-.097.539-.097.873-.097ZM4.739 9.288c-.624 0-1.076 0-1.227.076a.721.721 0 0 0-.323.322c-.075.15-.075.603-.075 1.216v7.683c0 .624 0 1.076.075 1.227.065.14.183.248.323.323.151.075.603.075 1.227.075h.16c.625 0 1.078 0 1.228-.075a.722.722 0 0 0 .323-.323c.075-.15.075-.603.075-1.227v-7.683c0-.624 0-1.065-.075-1.227a.672.672 0 0 0-.323-.322c-.15-.075-.603-.076-1.227-.076h-.161v.01ZM13.057 3.8c-.14 0-.226 0-.259.011-.032 0-.086.043-.107.064a2.98 2.98 0 0 0-.226.399c-2.187 4.272-3.53 5.647-4.33 6.092.003.162.004.34.004.536v7.82l2.217 1.122c.28.14.42.216.56.27.107.032.214.064.332.075.151.021.314.021.626.021h4.594c1.022 0 1.539 0 1.862-.129a1.84 1.84 0 0 0 .763-.58c.215-.28.355-.808.613-1.765l.517-1.927c.495-1.85.775-2.873.603-3.475a2.309 2.309 0 0 0-1-1.313c-.538-.323-1.594-.323-3.51-.323h-1.129c-.226 0-.473 0-.72-.15a1.087 1.087 0 0 1-.464-.614c-.075-.301 0-.528.076-.754.957-2.97.603-4.26.301-4.777-.183-.312-.44-.506-.774-.57-.14-.033-.377-.033-.549-.033Z\" class=\"icon-base\"\/><\/svg><\/span> <span class=\"text-base leading-4\">Yes<\/span><br \/>\n            <\/button><br \/>\n            <button type=\"button\" class=\"HelpfulCTA-btn HelpfulCTA-btn--no border-2 border-blue-600 text-blue-600 rounded px-6 py-2 transition font-semibold flex items-center gap-2 hover:bg-blue-50\" data-cta-no=\"\" data-beam-element-clicked=\"\" id=\"did-you-find-this-helpful-no\" data-type=\"button\" data-location=\"article-bottom\" data-position=\"banner\" data-text=\"No\" data-outcome=\"response submitted\"><br \/>\n                <span class=\"Icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"Icon-glyph\" viewbox=\"0 0 24 24\" fill=\"currentColor\" focusable=\"false\"><title>Thumbs Down Icon<\/title><path d=\"M19.26 2.175c.936 0 1.454 0 1.949.247.452.226.818.592 1.044 1.043.247.495.248 1.012.248 1.948v7.678c0 .936 0 1.453-.248 1.948a2.333 2.333 0 0 1-1.044 1.042c-.495.248-1.013.248-1.95.248h-.16c-.937 0-1.454 0-1.95-.248a2.33 2.33 0 0 1-.885-.777c-.637.596-1.79 2.176-3.314 5.155-.183.365-.312.602-.538.828a1.924 1.924 0 0 1-.722.441c-.258.086-.484.097-.742.097l.022-.011a5.39 5.39 0 0 1-.905-.064 2.741 2.741 0 0 1-1.852-1.345c-.71-1.216-.721-3.066-.022-5.496h-.516c-2.283 0-3.424 0-4.34-.548a3.843 3.843 0 0 1-1.722-2.248c-.29-1.033 0-2.13.593-4.324l.517-1.925c.312-1.162.484-1.786.882-2.323.377-.495.872-.871 1.443-1.097.624-.248 1.281-.248 2.476-.248h4.597c.42 0 .635 0 .84.032.215.032.431.086.636.15.193.065.387.162.753.345l1.702.864c.017-.04.033-.082.053-.122a2.333 2.333 0 0 1 1.044-1.043c.496-.247 1.013-.247 1.95-.247h.16ZM7.503 3.798c-1.022 0-1.54 0-1.862.13-.302.118-.56.322-.765.58-.215.28-.345.775-.614 1.753l-.517 1.926c-.495 1.85-.775 2.871-.602 3.474a2.308 2.308 0 0 0 1 1.312c.539.323 1.594.322 3.51.322h1.142c.236 0 .473 0 .72.15.227.14.388.367.453.625.075.28 0 .516-.075.742-.959 2.969-.603 4.27-.301 4.775.183.312.44.506.774.57.162.033.41.033.572.033.128 0 .203 0 .236-.01.021 0 .085-.044.107-.065.032-.032.14-.237.227-.399 2.208-4.308 3.556-5.671 4.352-6.102a39.945 39.945 0 0 1-.003-.523v-7.79L13.63 4.175c-.28-.14-.41-.215-.56-.27a1.796 1.796 0 0 0-.344-.085c-.151-.022-.313-.01-.625-.022H7.503Zm11.596.001c-.625 0-1.077 0-1.228.076a.72.72 0 0 0-.323.322c-.075.15-.075.603-.075 1.226v7.68c0 .623 0 1.075.075 1.226.075.14.183.247.323.322.15.075.603.075 1.228.075h.16c.625 0 1.078 0 1.228-.075a.778.778 0 0 0 .324-.322c.075-.151.075-.603.075-1.227V5.423c0-.623 0-1.076-.075-1.226a.722.722 0 0 0-.324-.322c-.15-.076-.603-.076-1.227-.076h-.161Z\" class=\"icon-base\"\/><\/svg><\/span> <span class=\"text-base leading-4\">No<\/span><br \/>\n            <\/button>\n        <\/div>\n<\/p><\/div>\n<p>    <!-- Yes Form --><\/p>\n<p>    <!-- No Form --><\/p>\n<div class=\"HelpfulCTA-thankyou flex flex-col items-center gap-2\" data-cta-thankyou=\"\" style=\"display:none;\">\n<p>Thank you for your<br \/>\n            feedback!<\/p>\n<p>Your input helps us improve our<br \/>\n            content and services.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<p>Read the full article <a href=\"https:\/\/www.bankrate.com\/loans\/auto-loans\/how-to-refinance-car-loan\/\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Refinancing your auto loan is often a good financial choice if you are able to secure a better rate or a lower monthly payment. Consider the amount of time remaining on your loan before exploring options to ensure you qualify for the new loan. To choose the best lender, compare your current loan<\/p>\n","protected":false},"author":1,"featured_media":30474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":{"0":"post-30473","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mortgage"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How To Refinance A Car Loan In 6 Steps - The Funding Points<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefundingpoints.com\/?p=30473\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Refinance A Car Loan In 6 Steps - The Funding Points\" \/>\n<meta property=\"og:description\" content=\"Key takeaways Refinancing your auto loan is often a good financial choice if you are able to secure a better rate or a lower monthly payment. Consider the amount of time remaining on your loan before exploring options to ensure you qualify for the new loan. 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