Where can I get the best rates to refinance my car?

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Where can I get the best rates to refinance my car?

2007-07-13 01:57:43 · 2 answers · asked by Reuben P 1 in Cars & Transportation ➔ Buying & Selling

2 answers

I got my car loan from E-loan at 6.25% over 5 years in January 2007

2007-07-13 02:04:16 · answer #1 · answered by beavanjb 7 · 0⤊ 0⤋

The first thing you need to do is make sure the car is worth more than you owe on it. If you are upside down on the loan nobody is going to refinance you. Why would anybody loan you more money than the car is worth. It don't work that way.

But if you are in good shape with the loan and the value of the car, take your business to a local small Bank or Credit Union, they have the best rates.

2007-07-13 03:40:00 · answer #2 · answered by mccoyblues 7 · 0⤊ 0⤋