Comments on: How can I lower auto loan interest rate without refinancing? http://www.loansreferences.com/how-can-i-lower-auto-loan-interest-rate-without-refinancing/ Get Home, Auto, Student Loans Information Thu, 09 Sep 2010 05:31:29 -0700 http://wordpress.org/?v=2.8.1 hourly 1 By: SPIFIMAN1 http://www.loansreferences.com/how-can-i-lower-auto-loan-interest-rate-without-refinancing/comment-page-1/#comment-713 SPIFIMAN1 Fri, 12 Mar 2010 13:34:57 +0000 http://www.loansreferences.com/how-can-i-lower-auto-loan-interest-rate-without-refinancing/#comment-713 Auto finance is what I do for a living and if everything is as you say the answer is to refinance $7,500.00 for 30-months at a lower rate and have them cut you a check back for $700.00. We do this all the time at my dealership. Additional details. I don't know who your lender is but every lender I have bases the amount they will loan on the value of the vehicle not the payoff and since you say yours is worth more then the payoff this should not be a problem. If this is actually what your encountering you need to find another lender. Auto finance is what I do for a living and if everything is as you say the answer is to refinance $7,500.00 for 30-months at a lower rate and have them cut you a check back for $700.00.

We do this all the time at my dealership.

Additional details.

I don’t know who your lender is but every lender I have bases the amount they will loan on the value of the vehicle not the payoff and since you say yours is worth more then the payoff this should not be a problem.

If this is actually what your encountering you need to find another lender.

]]> By: Rick B http://www.loansreferences.com/how-can-i-lower-auto-loan-interest-rate-without-refinancing/comment-page-1/#comment-712 Rick B Fri, 12 Mar 2010 13:13:37 +0000 http://www.loansreferences.com/how-can-i-lower-auto-loan-interest-rate-without-refinancing/#comment-712 How would you owe $6800 if the payoff is $7500? Where did yo uget the 6800 from? How would you owe $6800 if the payoff is $7500? Where did yo uget the 6800 from?

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