Refinancing Your Car

Physician's Money DigestOctober31 2003
Volume 10
Issue 20

You may have missed the boat on refinancing your mortgage, but you still maybe able to knock a point or 2 off your carloan if you hurry. The average refinancerate on 2- and 3-year car loans is now4.99%, but it could go higher if the economyheats up. If you're laboring under ahigh-interest auto loan, refinancing at alower rate chops some dollars off yourmonthly payment and could save youhundreds over the life of the loan. Plus,you don't have the pile of paperwork thatcomes with refinancing your home mortgage.To see if refinancing is for you, usethe calculators at To seewhat rates are available and to apply, goto E-Loan (

Related Videos
© 2024 MJH Life Sciences

All rights reserved.