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 Dear
Terry,
Three days ago, I bought a new vehicle. I signed the contract for financing. I am now reviewing the entire contract and I wonder if it is possible to renegotiate the interest rate.
-- Elizabeth
 Dear
Elizabeth,
Once a contract is signed, the terms usually cannot be renegotiated. But you can certainly explore refinancing the contract with another lender at a lower rate. Before doing so, make sure the loan you have doesn't have an early repayment penalty.
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