How long do you have to wait before refinancing a car loan?
I heard that APR is constantly changing. I think I could get a better deal than I’m getting now. How long do I have to wait before trying to refinance?
Reviewed by Shannon Martin, Licensed Insurance Agent.
You’re right in that your annual percentage rate, or annual interest rate plus fees, changes frequently and you can get a better deal by going through the auto refinance process.
After you get a car loan, you should generally wait a couple of months, unless you have good or great credit (usually 700 and above).
It’s normal to wait two or three months because that’s how long it takes for your car title to be
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