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GUIDE · AUTO LOANS
Lower the rate without adding years.
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§ 1 · AUTO LOANS
Your credit improved, or you took a high dealer rate. Rates may be lower now.
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§ 2 · AUTO LOANS
Six to 12 months of on-time payments often gets a better offer.
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§ 3 · AUTO LOANS
Get the payoff amount, APR and months left from your lender.
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§ 4 · AUTO LOANS
Banks, credit unions and online lenders. Credit unions are often cheap.
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§ 5 · AUTO LOANS
FICO counts auto loan checks within 14 to 45 days as one.
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§ 6 · AUTO LOANS
Keep the same months left. A longer term can erase savings.
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§ 7 · AUTO LOANS
State title fees, lender fees and prepayment penalties add up.
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§ 8 · AUTO LOANS
Dealer GAP coverage may end. You may get a prorated refund.
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§ 9 · AUTO LOANS
Pay the old loan until it shows a zero balance.
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The 6 steps, the real math and the mistakes to avoid, in our full guide.
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