Originally Posted by
95SiR
you should wait "at least" 6 months before bothering to "refinance"... especially a tiny car loan.
Why is this? I refinanced my loan a few weeks after I purchased my car. Then I proceeded to pay it off a few months afterward.
h: :down: to interest.
Originally Posted by
Draconius
Used car loans are lower than new car loans.
My prelude was 4.9%
My MS3 started at 8.9%, now is 6.49%
You bought your MS3 pretty recently didn't you? I'm assuming your loan for the prelude was taken out maybe a year or two ago? If so, another thing to keep in mind is that rates have gone up since then.