Dear Terry, Is there a certain amount that your loan must reach before you can refinance you car loan? -- QuianaDear Quiana, You can refinance an auto loan at anytime, provided you can find a lender who wants to do business with you. Your credit score and the value of the vehicle may dictate what sort of terms you're offered. This week•Beware of lemon car buybacks•Should I trade to get the latest feautres?•When can I refinance my loan?•Can I consolidate two new car loans?If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletterRead more Driving for Dollars columnsAsk a question advertisementRelated Links:Auto loan rates: March 26, 2009Saving on insuranceWhere's my car bailout?Related Articles:Vehicle leases going upOld loan not added to newCan't sell leased car
Dear Terry, Is there a certain amount that your loan must reach before you can refinance you car loan? -- Quiana
Dear Quiana, You can refinance an auto loan at anytime, provided you can find a lender who wants to do business with you. Your credit score and the value of the vehicle may dictate what sort of terms you're offered.
If you have a question for Terry, e-mail him at Driving for Dollars. Save money on your car -- sign up for Bankrate's new weekend Car & Money newsletter
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