Just like you would refinance your house, it’s just as smart to refinance your car. You could end up saving thousands of dollars by doing so. But, there are some things you should consider.
First, you may save more money by refinancing through a credit lender or traditional lender – that’s if you got your first loan through the dealership financial office.
Also, go check out sites to see what the going rate is right now for car refinancing. Even your current lender may be willing to refinance just to keep you as a current customer.