Lower your Auto Loan Interest Rate

RefiJet has refinance solutions to lower your car loans interest rate

Saving money is always worth a closer look. At RefiJet, we may be able to help lower your auto loan interest rate. A lower interest rate can translate into more affordable monthly payments and less paid over time.

It’s not uncommon for borrowers to have higher interest rates – and that’s costing you money. In some cases, a lower interest rate on your auto loan could help you save thousands of dollars over your auto loan lifetime. That’s money in your pocket to spend your way. Check out how much you could save by lowering your interest rate with our auto refinance calculator.

Why Is Your Interest Rate Higher Than It Should Be?

Lender’s loan program changes over time due to key lending rates and economic changes. However, it’s very common for borrowers to be overpaying on their auto loan for several key reasons. Take a look to see if these impact your situation.

Your Credit Score Increased

Has your credit score improved over the last few months or years? If it is higher now than it was when you first bought your vehicle, chances are good you qualify for a lower rate now than you did then. Credit score improvement is very common, especially over the time of your loan as you make payments on time.

If you’re unsure, check your credit report. Make sure it is accurate. Then, request a credit score. When you use our services here at RefiJet, we can help you determine the best rate available to you right now. Look back at your existing loan. If it is significantly higher, refinancing your auto loan may save you money.

Your Lender Didn’t Offer the Best Rates

It’s not uncommon for dealerships and other lenders to charge interest rates that are higher than what you could have obtained from others. For example, the local dealership may not have had the lowest interest rates available at the time. You didn’t know that. Unless you are confident you compared interest rates yourself with multiple lenders, chances are good you didn’t get the best available rate then. You can now!

What Can You Do to Lower your Auto Loan Interest Rate?

In some situations, you may need a lower interest rate, but you haven’t qualified for one from other lenders. RefiJet will help you determine the best rate for which you qualify.

Secure a Co-Borrower

One way you may be able to reduce your interest rate further is to get a co-borrower for your loan. If you add a co-borrower who has strong credit, that can help you qualify for an interest rate that’s significantly less.

Choose a Different Loan Structure

Our team can also help you find the right loan structure for cost-savings. Most borrowers don’t know there are various term options available to them when they buy a car. A longer-term (or a shorter one, in some cases) can help to reduce your interest rate.

With More Lending Options, You Can Depend on Us to Get the Lowest Rate Available for Which You Qualify

Some borrowers end up paying too much for their auto loan because they don’t have all of the options in front of them to choose from at the time of buying their car. Our tools and resources make it possible for you to determine which is the best rate for which you qualify for. We can look at various scenarios and provide numerous recommendations, all personalized to meet your unique needs.

Why Should You Refinance to Secure a Lower Interest Rate?

Why pay more for your car than you have to? A higher interest rate means you’re paying significantly more to buy the same car. With a lower rate, you may be able to qualify for several key benefits, including:

Lower Monthly Payments: Reduce your loan payment each month. If you hate having to write that big check every month, now you don’t have to. With more affordable interest rates, your monthly payment may also fall.  On average, our clients who are looking to lower their monthly auto loan payment save an average of $150.

Lower Overall Finance Charges: Payless to buy your car overall. The sticker price on the windshield of your vehicle wasn’t all you pay when you buy it. You also pay for all of the interest that adds up over time. With a lower rate – even one that is only a fraction of a percentage point different – you could save thousands over the lifetime of your loan.

Get Better Lending Terms: When you refinance your auto loan to get a lower rate, you may also qualify for a shorter-term (or a longer one in some cases).

Why Choose RefiJet to Lower Your Auto Loan Payments?

RefiJet has set out to make auto loan refinancing available to consumers throughout the U.S. We’ve recognized the simple fact that most people don’t know this is an option available to them.

As LendingTree’s #1-rated auto lender in customer satisfaction for four consecutive quarters, we’re a respected, dedicated company. We also have an A+ Rating with the BBB.

Use the tools on this page to determine if you qualify for a lower interest rate on your auto loan. If you do, our team will help you to secure that savings in no time. Contact RefiJet and get started on refinancing your auto loan today!

Important Disclosures and Requirements

Customer Consent to Receive Account Information Electronically

The Electronic Signatures in Global and National Commerce Act requires your consent to receive certain disclosures electronically. Please read this section carefully and retain a copy of this document for your records.


Some communications and disclosures with and by RefiJet.com on its behalf and on behalf of participating banks, finance companies, and credit unions (hereinafter called “Lenders”) are conducted electronically. However, if you wish to obtain a paper copy of any disclosure to your offer and/or loan/finance offer request, you may write to Yield Solutions Group, LLC (dba RefiJet.com) at 7555 E. Hampden Ave., Ste. 500, Denver, CO 80231. We will not charge you a fee for a paper copy of the Disclosures you request. RefiJet does not provide any Lenders’ disclosures.

RefiJet.com reserves the right, in its sole discretion, to stop providing Disclosures electronically. RefiJet.com will provide you with notice of any such termination as required by applicable law. If RefiJet.com chooses to stop providing Disclosures electronically, RefiJet.com will send any future Disclosures to you in paper form.


The applicant and any co‐applicant (collectively, “you”) must consent to receive Disclosures electronically in order to complete the loan/finance offer request process with RefiJet.com on behalf of its participating Lenders (as defined above). Your consent will apply to Disclosures you receive from RefiJet.com, its successors and assignees, and any Lenders. You may withdraw your consent for receiving electronic Disclosures by notifying RefiJet.com at Info@RefiJet.com. Since RefiJet.com is structured to provide some loan/finance offer request related information electronically, not consenting, or withdrawing your consent to receive electronic Disclosures may terminate your loan/finance offer request process. You may withdraw your consent to do business electronically with our participating Lenders at no cost to you. You may do so by contacting the Lender at the mailing address, e‐mail address or telephone number they provide to you separately for such purpose.


In order to use this service, you must consent to receive disclosures including but not limited to the Terms of Service and Privacy Notice electronically and you agree that these electronic disclosures will be sufficient as a “writing” under applicable law.

If you have access to this website, you have suitable hardware/software to access and retain electronic documents.

This consent is valid until revoked by either party.

Please notify us at 1.800.260.5355 if your contact information changes at any point in the refinance process.


This average monthly auto loan payment savings reflects loans where the borrower chose to lower their monthly payment. Not every auto refinance is intended to lower monthly payment. These savings are not guaranteed. Individual savings and rates may differ.

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