Overhaulin'

If I have good credit & want to refinance my car loan. What are my best options?

I'm currently paying almost $600 a month for my car(72 month loan) & have cleared my credit from fraudulent activities. What are my best options to make lower payments. I'm willing to put money down.

Public Comments

1. You can apply for refinancing with the lender of your choice. But unless the loan includes BOTH a lower interest rate and a term that is shorter than the remainder of the existing loan term, you may not save anything in total interest. If you "start the clock" over again on a new 72-month loan, even a lower interest rate may result in more total interest paid.
2. Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carinsurance.yoll.net