Refinancing car payments

[TeeAreDeaGeeTeeEss]

Anyone know anything about refinancing car payments?
My montly payments are gh3y. $402 a month with a $10,000.00
down, 5 year term, so in 3 years this baby will be all mine :rolleyes:

Should I go to a bank to refinace? I heard once you past a certain amount of time when owning the car, they won't let you refinance.

[2K1BLKCELGTS]

Terms are typically value vs amount still owed.
If the value is above the amount owed, most likely you could get re-financed. Rates are dependant on who you go to and past history.

[00CericaRuss]

well... when i bought my car, i put down $5000 and my payments were $438/mo for 66 months.
11.9%.. .i didn't have much credit.. and nobody would cosign for me

i recently refinanced through a local credit union, and my payments dropped to $360/mo for 60 months but I got an extra $600 out of the deal, so I pretty much added another 6mo to the loan

[RedCelicaGTS]

I borrowed $16000 at 8.5% when I purchased the car in March-00, my payments were $398. I refinanced it 2 months ago at a rate of 5.75% dropped my payments down to $208. Go to the bank!

[baNanA_ryCe]

hey russ>>hows ur car doin?

[00CericaRuss]

fine, why you ask?

here's a pic of it today at the auto-x
http://russ.angrypacket.com/albums/2002-02-17-3com/02170019_G.sized.jpg
http://russ.angrypacket.com/albums/2002-02-17-3com/02170020_G.sized.jpg

and damn you for making me type! I just spilled water on myself while going towards the keyboard!

haha

[larryd]

do u have any video from the autox of the car??