Refinance your car loan and save hundreds every month with better rates and flexible terms designed for your budget.
Soft credit check only – no impact on your credit score
Car refinancing puts you back in control of your finances with better terms and real monthly savings.
When you refinance a car loan with a lower interest rate, you immediately reduce what you owe each month. Our customers typically save $80-$150 per payment by securing better terms through auto refinancing. That's money you can redirect toward savings, paying down other debt, or simply enjoying life.
If your credit has improved since your original auto loan or market rates have dropped, you're likely paying too much. Chase auto loan refinancing helps you capture today's competitive rates, potentially cutting your interest by 2-4% or more. Even a small rate reduction saves thousands over the life of your loan.
Maybe you want to lower your car payment by extending your term, or save on interest by shortening it. The refinancing process gives you the flexibility to restructure your chase auto refinance around what matters most to you right now. You're not locked into the decision you made years ago.
Beyond just saving money, car loan refinance gives you the opportunity to switch to a lender with better customer service, clearer terms, and easier payment options. If your current lender is difficult to work with, refinancing lets you upgrade your entire experience while improving your rate.
We understand refinancing feels like a big step. Here's the truth about what holds people back.
See exactly how much you could lower your car payment with a better interest rate through auto loan refinancing.
Your Estimated Monthly Payment
This calculator provides estimates only. Actual rates and payments depend on credit profile, vehicle details, and lender approval. Not a guarantee of financing terms.
Jennifer originally financed her SUV through the dealership at 9.8% APR when her credit was still rebuilding. Two years later, she'd improved her credit score significantly but was still stuck with that high rate and a $487 monthly payment that strained her budget.
She assumed she was locked into her original auto loan terms and didn't realize when to refinance car loans to take advantage of her improved financial position.
Jennifer M.
Refinance CustomerSwiftDrive Customer
After learning about best auto refinance options, Jennifer applied and qualified for 4.9% APR. Her new monthly payment dropped to $389 – saving her $98 every month. The entire process took just three days from application to approval, and she didn't have to visit a single branch.
Our streamlined chase auto refinance process gets you approved and saving money faster than you'd expect.
Tell us about your current vehicle and auto loan. We'll run a soft credit check to show you personalized rates without affecting your credit score. You'll see exactly what you qualify for before making any commitment.
Compare your options for term length and monthly payment amounts. Our team is available to answer questions and help you understand which refinance car option aligns best with your financial goals. Once you're confident, accept your offer digitally.
After you sign, we coordinate directly with your current lender to pay off your existing loan. You'll receive confirmation once everything is complete, and your new, lower payments begin. No branch visits, no mailing documents – it's all handled seamlessly online.
Don't let outdated assumptions prevent you from saving hundreds every month on your car loan.
You have to wait years before you can refinance your car loan.
You can refinance as soon as you want – many borrowers refinance within 6-12 months of their original purchase, especially if rates drop or their credit improves. The key is whether the new terms offer meaningful savings, not how long you've had the current loan.
Refinancing will seriously damage my credit for years.
While there's a small, temporary impact from the credit inquiry, it's minimal – usually 5-10 points that recover within a few months. The long-term benefits of lower payments and paying down your balance faster typically improve your credit over time.
Only people with perfect credit can get approved for auto loan refinancing.
We work with a wide range of credit profiles. Even if your score isn't perfect, you may still qualify for better terms than your current loan – especially if your credit has improved since you first financed. The only way to know is to check your eligibility.
Car refinancing only makes sense if rates have dropped dramatically.
Even a 1% rate reduction can save you thousands over the life of your loan. Plus, refinancing isn't just about rates – you can also adjust your term, remove or add a co-signer, or switch to a lender with better customer service. Small improvements add up to significant value.
The process is so complicated that it's not worth the hassle.
Modern auto refinancing is almost entirely digital. Most customers complete the application in under 5 minutes, get approved the same day, and finalize everything within a week. If you can pay a bill online, you can handle the refinancing process with ease.
You can't refinance if you owe more than your car is worth.
Being upside down on your loan doesn't automatically disqualify you. Many lenders, including chase auto loan programs, will work with borrowers who have negative equity. While it may limit your options slightly, you can often still secure a lower interest rate and reduce your monthly burden.
Every month you wait is another month of unnecessary interest charges. Our simple application shows you exactly what you'll save in just minutes, with no obligation and no impact to your credit score until you're ready to proceed.