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How to Save Thousands by Refinancing a Car Loan

By Steven Shaw on 2/21/2013

How to Save Thousands by Refinancing a Car Loan

Refinancing your vehicle loan could save you a few thousand dollars, and could be easier than you think. The average five-year new car loan rate is 3.72% as of Tuesday, according to the Informa Research Services’ Interest Rate Review. If you’re paying more than that, you should definitely take a few minutes to see if you can do better. But even if you’re paying less, you may still be able to lower your rate even further.

auto loan
Car Loan
ce
refinance
refinance a car loan
Refinancing a car