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What are some things I should/need to know before refinancing a vehicle?

by Guest65879  |  earlier

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What are some things I should/need to know before refinancing a vehicle?

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  1. Refinancing for a longer period, even at a lower interest rate, will cost you more interest.  Only refinance if you find a lower interest rate and only for the balance of your current term.  For example, if you have paid 2 years on a 4 year loan, only refinance for 2 years.

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