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How to determine if refinancing your car is a good idea The key to determining if refinancing your loan is a good idea comes down to the amount of money you can potentially save.
Refinancing to a lower rate on an auto loan could help drivers cut their monthly car payments. The Fed is likely to keep cutting interest rates, perhaps by another 1.50% through the end of 2025 ...
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Then, use an online auto refinance calculator to estimate your new monthly payment based on the loan amount, ... Car and Driver’s 10 Best Cars through the Decades. How to Buy or Lease a New Car.
Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the dealership at "Buy Here Pay Here" dealers, which cater to customers with subprime credit. Buy Here Pay Here financing accounts for 6% of the total ...
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