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  2. When should I refinance my car loan? - AOL

    www.aol.com/finance/refinance-car-loan-165628257...

    Time your car loan refinance right to receive the maximum benefit. ... The best interest rates on auto loans go to buyers with good or excellent credit — typically a score of 670 or higher.

  3. Can You Refinance a Car Loan? Learn How the Experts Do It - AOL

    www.aol.com/refinance-car-loan-learn-experts...

    Car loan interest rates are constantly fluctuating. If rates have come down since you took out the loan, you may want to consider refinancing, which could help you pay less money over time. For ...

  4. Pros and cons of refinancing a car: Is it right for you? - AOL

    www.aol.com/finance/pros-cons-refinancing-car...

    Lower monthly payments. If you struggle to meet your monthly payments, refinancing can make your monthly payment more affordable and free up cash in your budget. You can get a lower rate, a longer ...

  5. Trading in Your Car vs. Refinancing: Which Is the Right ... - AOL

    www.aol.com/finance/trading-car-vs-refinancing...

    According to a recent report from Edmunds.com, the average monthly new car payment hit a record high of $736 in Q3 2023. For many Americans, this is unaffordable. If you like your car but the ...

  6. How the Fed's rate cut will impact auto loans

    www.aol.com/finance/feds-rate-cut-impact-auto...

    Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, a 12.5% increase, the analysts found. The analysts estimate that for every 100bps rate cut ...

  7. Refinancing - Wikipedia

    en.wikipedia.org/wiki/Refinancing

    The auto loan refinance process is similar to mortgage refinancing where the new debt obligation comes with a new term and interest rate. [4] Cash-out refinancing can also apply to car loans if vehicle owners need to use portions of their vehicle equity whereas lease buy-out facility to keep vehicle in possession.

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