“If you’ve got a low score but you have strong income and a good loan-to-value ratio, you can get refinanced,” Goodall said. Most lenders cap loan amounts at 125% of a car’s value. If your car is ...

A trade-in is best for a different vehicle, while refinancing might save you money.

The best time to refinance your car loan is when it can help you improve your financial situation or reach your financial goals. If you can secure a lower interest rate or reduce your monthly car ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Refinancing your car can ...

Lenders have different requirements for refinancing a car, but in general they consider your credit, vehicle and existing loan. Many, or all, of the products featured on this page are from our ...

Car loan refinancing rates are generally higher than new auto loan financing costs. Average rates range from 4.67% to 13.43%, according to RateGenius. If you have a relatively high credit score, ...

Is refinancing a car worth it? Knowing the pros and cons can help you decide. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Did you recently secure ...

If you’re trying to decide whether to trade in your car or refinance, there’s a lot to consider. Your monthly payment amount, current interest rates and your car’s value can all influence your ...

The cost of keeping your vehicle on the road each month is a challenge for many. Monthly payments on cars have soared — an average monthly payment of $533 for used vehicles and $726 if you buy new, ...