Refinancing your car loan will reduce your monthly payment with the benefit of a lower interest rate too!

One way to come up with some extra cash is to refinance your car with Bargain Auto Finance.

We offer a variety of refinancing options:

  • Extend the term of your current loan at current outstanding balance (settlement) and reduce your instalment.
  • Refinance your vehicle for its current market value over a longer term, receive the cash difference and still pay a smililar instalment.

What does vehicle refinancing entail?

Refinancing is the restructuring of your vehicle dept, which ultimately results in a lower monthly premium. During the refinancing process any, or all of the following may occur:

  • The interest rate could be reduced.
  • The loan term may be lengthened.
  • The premium may be reduced.
  • Cash may be made available to you.