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Compare auto loan rates, selected just for you.

It’s fast and free, and it won’t affect your credit. *

Lower your payments—and free up some cash

Compare rates from top lenders

Our partner works with a network of lenders to bring a selection of refi offers with great rates.

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Pre-qualify in minutes

Our short application asks for general information about you, your vehicle, and your current auto loan.

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Pay no application fee

Checking your rates comes with no application fee or obligation. It also won’t affect your credit if you choose not to go forward. *

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Leave the heavy lifting to us

Our partners will handle paying off the old lender and re-titling the vehicle. Yes, that means no day spent at the DMV for you.

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Auto loan refinancing made easy

Apply

Fill out a short form. Pre-qualifying requires minimal information.

Compare

Consider auto loan options from our network of lenders, based on your information.

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Choose a loan offer, and on final approval, enjoy the extra cash in your pocket. It’s that simple!

Auto Loan Refinance 101

Basic Definition of Auto Loan Refinancing

Essentially, auto loan refinancing is taking out a new loan to pay off your existing car loan. Depending on individual financial situations, applicants could qualify for a lower interest rate through refinancing—which could mean lower monthly payments and saving money in the long run.

Info You’ll Need to Apply for an Auto Loan Refinance

When an individual applies to refinance with a new lender, there is typically a credit check of some kind. Each lender reviews specific borrower criteria, which varies from lender to lender, and influences the rate and terms an applicant may qualify for. For an auto loan refinance application, lenders typically require information that tells them the value of the car, the amount of the current loan and the applicant’s financial picture.

Tips for When You’re Shopping Rates

Pay close attention to loan terms, which can vary greatly, depending on the lender. The longer the loan term, the lower the monthly payments will be, but that means more interest will be paid over the life of the loan. Conversely, a shorter loan term may mean higher monthly payments, but then less is paid in interest over the life of the loan.

Reasons Refinancing Could Be a Good Idea

If your financial situation has improved since taking out your auto loan, you could qualify for a better rate. Improving a credit score, landing a better job, or paying off some other debts may cause a lender to consider an applicant as less of a risk than when they financed a car originally. Qualifying for a more favorable rate now could mean saving money over the life of the loan.

FAQs

How do I know which lender is the best for my auto loan refinance?
Does checking my rate hurt my credit score?
What information do you need about my vehicle?
Can I refinance with a co-signer?