How to Refinance a Car — It Could Save You $150/Month

BeEvery month, your car payment takes a big bite out of your bank account. The average payment these days is more than $600 a month for new cars and $400 a month for used cars.

What if you could lower your monthly payment by $150 or so? Would that be worth a few minutes of your time?

You should seriously consider refinancing your car loan. This means you replace your existing auto loan with a new loan that has a lower interest rate, saving you money. Why pay more money to the bank than you have to?

Check out this handy auto loan aggregator by a company called ReFiJet. It’ll refinance your auto loan — and as a bonus, you won’t have to pay for the first two months. It can lower your monthly payment and potentially save you thousands of dollars by the time your loan gets paid off.

Maybe refinancing your car loan hasn’t occurred to you, but it’s becoming an increasingly popular option as your average consumer becomes more savvy. And your auto loan is probably your second-biggest debt after your mortgage.

Right now, auto refinance rates are at their lowest in years, starting at just 2.49% APR. Maybe when you originally got your current auto loan, rates were higher, or maybe your credit score was a little lower back then.

It costs you absolutely nothing to find out if you have better options. ReFiJet won’t even do a hard pull on your credit to show you your options, so checking this out won’t hurt your credit.

And finally, applicants with poor or fair credit may qualify. ReFiJet says it can help just about anybody who still owes money on their vehicle.

Here’s how to refinance a car:

See For Yourself How Much You Can Save

It’s as easy as starting your car in the morning. Just go to the site and type in some basic information — your name, date of birth, contact info, etc.

ReFiJet will show you multiple auto loans that you’re pre-qualified for, along with rate and payment estimates. You can see for yourself how much you could…