24 янв. 2024 г. · The main purpose of refinancing a car is to get a lower interest rate, which will save you money over the long run.

30 нояб. 2021 г. · The only con is potentially if you extend the terms/length of the loan. In your case, don't hesitate and get away from that crazy high rate. Do ...

14 дек. 2023 г. · When you refinance a vehicle note there will be fees associated with the refinance. If the fees are less than the total interest you will pay ...

13 нояб. 2018 г. · Well, the pros are obvious: You get a lower payment. The cons are that you will now have that payment hanging over your head for longer than ...

24 янв. 2024 г. · It can be worth it but it could also be lower monthly payments with more total paid over the life of the loan if the term is longer.

6 авг. 2020 г. · As far as the pros and cons go, you obviously pay it off quicker but if you take the same term as you originally did, that debt just hangs ...

15 апр. 2024 г. · If the new rate is higher, your monthly payment might still go down a little since you are only borrowing 82% of what you originally borrowed.

8 февр. 2024 г. · There is generally no downside to refinancing a car loan. There are generally minimal fees. I wouldn't take those teaser rates very seriously though.

20 сент. 2024 г. · Is this a good idea? Seems too good to be true and this is my first auto loan/never refinanced so I want advice from people who know finances.

25 июл. 2023 г. · If it's longer than you plan on keeping the car, it's easier to just pay extra on the current loan. Also consider your current balance. If it's ...