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  2. When should I refinance my car loan? - AOL

    www.aol.com/finance/refinance-car-loan-165628257...

    Bankrate tip. According to data from Experian, the average used car rate in the third quarter of 2023 is 11.35 percent.Although refinancing rates vary, they are usually similar to used car rates ...

  3. Pros and cons of refinancing a car: Is it right for you? - AOL

    www.aol.com/finance/pros-cons-refinancing-car...

    The cost of keeping your vehicle on the road each month is a challenge for many. Monthly payments on cars have soared — an average monthly payment of $533 for used vehicles and $726 if you buy ...

  4. How to Refinance a Car Loan in 6 Easy Steps - AOL

    www.aol.com/finance/refinance-car-loan-6-easy...

    If you want to save money in the long term and lower your monthly payments in the short term, refinancing your auto loan could be a smart move. ... To refinance a car loan simply means taking out ...

  5. Find Out What You Have to Pay When You Refinance Your Car - AOL

    www.aol.com/pay-refinance-car-151700095.html

    Refinancing your car loan can be a good idea if: You can get a lower interest rate than what you currently pay. You have a better credit score than when you took out your loan.

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Car purchases. The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [ 2] Roughly 30% of new vehicles during the same time period were leased.

  7. Buy here, pay here - Wikipedia

    en.wikipedia.org/wiki/Buy_here,_pay_here

    Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [ 1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...

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