Wanted to know if Anyone is looking at refinancing their auto loan. Do you know some good places to look for rates like something under 5%. Not sure if this is best time to refinance since Fed hasn’t lowered rates yet. I didn’t get a very good rate on my used loan so it’s always something to do for me. Thanks!
Refinance rates
- Thread starter blueice89
- Start date
I’m not sure what you mean.
Impatient7536
Active Member
is this guy serious
The answers are at your local bank or credit union.
- Joined
- Sep 10, 2021
- Messages
- 1,755
- Location
- California Central Coast
- Cars
- Matte Grey Air GT
- DE Number
- 0
- Referral Code
- I79OY1W7
I see this thread becoming a flame war. Some people just don't get it.
To generally answer the question, rates right now are globally terrible. As they say:
- Joined
- Aug 12, 2022
- Messages
- 433
- Location
- East Bay, CA
- Cars
- GT Zenith Red/Tahoe/21"
- Referral Code
- 6DS4HACO
Do people refinance cars?!?! Homes, yes…but I don’t think you refinance cars.
Well if you purchase a used car you might refinance if you are looking for better rate then given. At moment I am looking for below 5s if anyone has a connection or lead
Current interest rate environment below 5 is going to be really hard unless I bargained hard with ur used car dealer to buy down the rate on their behalf to make the sale
Fire any executive at the bank that has refinancing deals under 5% for any personal or auto loans. Hello... the SVB and regional bank failures???
- Joined
- Nov 19, 2021
- Messages
- 7,061
- Location
- Cupertino, CA
- Cars
- Air DE-P, ZR, 21"
- DE Number
- 241
- Referral Code
- Q1BTN5Y3
You can absolutely refinance a car loan.
Below 5% ? Today ?
So you want someone to give you money for less than the going rate, for no reason other than you want them to?
You can shop around and see if there is anyone dumb or desperate enough to do that. You never know. But I wouldn’t be surprised that no one here has a “connection” to a fool who is giving away cheap money.
- Joined
- Jan 3, 2022
- Messages
- 3,390
- Location
- Santa Clara County, CA
- Cars
- Air GT, XC40 P8 EV
- Referral Code
- 3OKY7YGA
You can get 5% in a money market fund now. Car loans are going to be higher than that. My local credit union's minimum is currently 5.74% APR.
Today's Current Auto Refinance Rates - RateGenius
Compare today's current auto refinance rates based on your credit quality. See auto refinance rates you could qualify for by credit range.
www.rategenius.com
- Joined
- Aug 3, 2023
- Messages
- 96
Loan Rates
Get a new or used auto loan, RV loan, motorcycle loan, or personal loan from CDC Federal Credit Union with a great, low rate.
these guys are great! 4.65%
This is pretty funny stuff : my credit union is like we don’t know how to value your car. Could you give us a dealer invoice. Has anyone else ran into this? There is no Kelly blue book or any of their tools to return value back
Similar threads
