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Learn if you can refinance an older car & how to apply for refinancing. Learn about disqualifications, private lenders, pros, cons, & available options.
For example, if your car is more than 10 years old or if it has an odometer reading over 100,000 miles, you may have trouble finding a lender that's willing to refinance.
Refinancing your car loan can save hundreds — if not thousands — in interest. ... Monthly payments on cars have soared — an average monthly payment of $533 for used vehicles and $726 if you ...
RoadLoans is a direct-to-consumer auto lender operating online and specializing in subprime auto loans. Established in 2000, RoadLoans finances and services new and used car loans as well as offering auto refinance options. [1] The Dallas-based company is a provider of subprime auto loans in the United States. [2]
Fed rate cuts could make auto loans a better deal. If your current auto loan is high-interest, see if you can save money by refinancing your car.
Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2] There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly.
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