Truck Refinancing

See if your truck qualifies for a better auto loan

Do you love your truck and wonder, “How can I keep my truck as long as possible?  RefiJet makes it fast and easy to explore your options for refinancing and protecting yourself against unplanned expenses related to your truck.  We evaluate your specific credit situation, financial needs, and truck value. We present you with various options for which you qualify.  For many truck owners, refinancing is a practical way to save money, manage a budget, adjust to a new life situation, or just get a better loan for your current needs.  Adding on Guaranteed Asset Protection (GAP) and//or an Extended Service Contract (ESC) when you refinance can also be a valuable strategy that helps you protect your truck and your finances.

Why refinance my truck?

You may qualify for a variety of options for refinancing your truck.  It can be worth a little investigation.  At RefiJet, we work with multiple, industry-leading lenders, so we can offer various options for which you qualify.  You can explore whether you qualify for a lower interest rate, can extend the term to lower your monthly payment, or add/drop a co-borrower.  You can also find out if GAP and/or ESC can be included in your loan.

How do I refinance my truck?

Just get started by contacting RefiJet.  Then we will give you a call to gather more information and identify the various options for which you qualify.  Since we work with multiple lenders, we can typically find an option that meets your specific needs and helps you keep your truck, but with a better loan.  All you do is choose the option that works best for you.  We will complete all the forms for you to sign, provide them to you through a secure online portal, then facilitate the payoff of your old loan.  We even handle transferring transfer of title to the new lender.  It’s that easy!

Will My Truck Qualify for Refinancing?

If your love for your truck isn’t matched by your feelings for your current loan, refinancing could be a good option.  If your truck is for personal use (not commercial use), is less than 10 years old and has less than 150,000 miles on it, it will typically qualify for refinancing.

What are the benefits of GAP and ESC?

GAP and ESC are optional ancillary products that can be included in your refinance loan.  That means that the cost is spread out over the term of your new loan.  This typically makes them so affordable that you may still be able to lower your monthly payment!  Guaranteed Asset Protection (GAP) protects against you having to make a large, out of pocket payment if your truck gets totaled or stolen.  RefiJet offers GAP that covers up to 150% of the retail value of your truck.  It also pays up to $1000 towards your insurance deductible.  This means you won’t be responsible for the entire difference between the value of your truck and the amount your insurance company will pay.  An Extended Service Contract (ESC) offers protection against mechanical failure.  Coverage includes the engine, transmission and high-tech electrical features.  That means if something on your truck fails, you don’t have to worry about having a large, unexpected expense.  If you already have GAP or ESC on your current loan, you may be due a pro-rated refund when you cancel them.  That’s another way to get cash in your pocket while still protecting your truck and your finances!

Will I qualify for refinancing?

We review various aspects of your credit history, not just your credit score, to identify various options for which you qualify.  Other factors include your debt, your income, and your loan payment history.  For example, when you can demonstrate strong payment history on your current loan, new lenders tend to be more interested in offering you better terms on a new loan. If you are up-to-date on your current loan and have made on-time payments for at least the last 6 months, you are in a strong position to refinance your loan.

How much can you refinance?

Your truck’s value is a large factor in the amount you can refinance.  Lenders consider the Loan-to-Value (LTV) ratio when setting the loan terms they will offer you.  When you work with RefiJet, we determine an accurate value of your truck so the lender can evaluate the LTV ratio.  The lower the ratio of the loan amount to the truck’s value, the lower the lender’s risk.  Lower risk results in better loan terms for you.

Multiple factors are involved in evaluating your truck’s value.  We use a third-party guide to define the value. These guides start with the make, model, year, and mileage of your truck, based on the VIN.  The VIN is a unique identifying number that defines what type of truck it is.  Based on the VIN, the guide gives us details about your vehicle.  It is the first piece of information used to obtain a value from the guide.  Then, you get to tell us how much you use your trucks and what features it has, so we can make sure to get an accurate value.  Specifically, you will provide info on:


The lower the mileage, the longer the truck will typically last and the higher the value.  These factors affect the lender’s risk.  However, as long as your truck has less than 150,000 miles on it, it will likely qualify for refinancing.


When we evaluate your car’s value using a third-party guide, we will review information based on the VIN regarding standard features.  Then we review the manufacturer feature options.  This is your chance to share all the great features on your specific truck.  We will make sure the valuation guide reflects those features.  That will increase the value above the standard base amount. We want to make sure we have an accurate description of your specific vehicle, so the value is accurate for the lender.

With all this information, the third-party guide defines your truck’s “book” value the lender will use.

It’s ok if you have been turned down for a loan or a refinance!

Even if you had a hard time getting a loan in the past, or you have been turned down when you recently tried to refinance, RefiJet may have options for you.  We work with many industry-leading lenders that may not be working with other refinance companies.  RefiJet can offer unique options competitors can’t because of the strength of our program and our customer service.  Even if you think you are a tough case, we can probably offer you some options.  If you think your credit situation has improved a lot since you originally got your loan, our options may be significantly better than your current loan.

When Should You Consider Truck Refinancing?

It doesn’t cost anything to evaluate your options with RefiJet, so anytime is a good time to consider refinancing!  When you talk with RefiJet, we can help you identify the benefits of refinancing, such as:

  • Reduce your monthly loan payment – on average, we help borrowers that are looking to reduce their monthly loan payment by $150*.
  • Reduce your interest rate – achieve potentially significant savings in the amount of interest you pay on your auto loan, which may save you money over the lifetime of your ownership.
  • Obtain a better loan term – this can help to dramatically reduce the amount of your monthly payment, helping you manage your monthly budget.
  • Add or remove a borrower from the loan – Either way, you can end up with the best loan to fit your current needs and situation.

If you want to save money on your monthly payment, get a better loan for your situation, or just want to see what your options are, complete the form on this page.  Then, with a short call with RefiJet, we will describe the options that are available to meet your goals.

Why Choose RefiJet?

Our goal is to put you in the best position for which you qualify on your new loan—without the hassles and frustrations of investigating all the options with various lenders yourself.  We work with multiple leading lenders.  We can identify your options all at once and provide you with offers right away.  All you have to do is pick the option that works best for you, then sign the loan documents.  We do all the rest so you are on your way to a better loan as fast as possible!  Let us analyze your situation and help you find the best loan refinance option for you and your truck!


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 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 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. reserves the right, in its sole discretion, to stop providing Disclosures electronically. will provide you with notice of any such termination as required by applicable law. If chooses to stop providing Disclosures electronically, 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 on behalf of its participating Lenders (as defined above). Your consent will apply to Disclosures you receive from, its successors and assignees, and any Lenders. You may withdraw your consent for receiving electronic Disclosures by notifying at Since 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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