VEHICLE REFINANCE
Refinancing a car comes with many benefits including lower interest rates, lower payment, and building credit! To refinance an auto loan means you are getting approved with a new bank for the remaining balance on your vehicle with the intention of keeping more money in your pocket!
FUN FACT: Banks with typically give better interest rates on a refinance loan than they will on a new loan application!
WHY? Banks like to be competitve and fight for your business, so they will try to beat each others rates! LUCKY YOU!
Refinancing your auto loan also allows you to add products to help protect your investments! With rising costs and labor rates, having an extended warranty can help cover thousands of dollars in repairs! Our team will also offer you GAP insurance to help protect you in the event of a total loss. Other products are also available like tire & wheel protection!
How It Works
3 Easy Steps To Refinance Your Auto Loan!
1. Contact Red River Pre-Owned
Reach out to us and ask any of our sales people, finance, or sales managers about our available refinancing options
2. Submit Credit Application
Once you have submitted your credit application, our experienced finance managers will then analyze your credit profile to know exactly which lenders will give you the best approval and lowest interest rate.
3. Contract With Your New Bank
Once approved, we will get all of the approriate paperwork signed to get the deal finalized with the new bank! Once it has been completed, we will take care of paying off the old loan!