Auto Refinance Loans
Refinance your auto loan to get better terms.
Stop feeling overwhelmed month after month with a too-high car loan payment. Red River Credit Union can help you secure a more affordable loan option for your needs. We take care of the hassle for you – you just keep on enjoying your vehicle.
Ask us about refinancing your jet ski, motorcycle, and ATV loans, too. We also refinance cars that have been previously repossessed. It only takes minutes to apply for an auto refinance loan with Red River Credit Union.
Auto refinance loans come equipped with these great features:
- Competitive interest rates
- Quick approval on refinance loans
- Convenient eSign service*
- Flexible payment terms
- Low-cost DentGuard, warranty and GAP options on qualifying loans
*Some restrictions apply.
Should you refinance your current auto loan?
Refinancing an existing auto loan can be an excellent way to reduce what you’re paying on your vehicle. Depending on the features of the new loan you select, you may be able to reduce your interest rate, lower your monthly payment, extend your payment terms, or pay off your vehicle loan sooner.
It’s important to know if this is beneficial for you. Our loan specialists can answer all of your questions. Let us take a closer look at your existing auto loan to see if you can save money or enhance your loan in other ways.
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AUTO LOAN RATES
Loan Type
Term*
APR As Low As**
New 2020
up to 84 months
3.99 %
2019
up to 84 months
3.99 %
2018
up to 72 months
4.49 %
2017
up to 72 months
4.49 %
2016
up to 72 months
4.49 %
2015
up to 48 months
4.99 %
2014 & Older
up to 36 months
5.49 %
*Terms may be extended on Auto Loans to 84 months at 60 month rate with approved credit and loan amount - Purchase or refinance from other institution only on a 2015 year model or newer - $17,000 minimum.
**APR = Annual Percentage Rate. Rate and term based on credit score and year model (auto). Rate subject to change without notice. With Approved Credit.
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RECREATIONAL VEHICLES (BOAT, JET SKI, ATV, MOTORCYCLE)
Loans under $25,000
Loan Type
Term*
APR As Low As*
New
up to 60 months
4.99 %
Used
up to 60 months
5.39 %
Loans over $25,000
Loan Type
Term*
APR As Low As*
New
up to 144 months
7.79 %
Used
up to 144 months
8.29 %
*APR = Annual Percentage Rate. Rate and term based on credit score and new or used model. Rate subject to change without notice. With Approved Credit.
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REPO RATE
All Year Models are 4.74 % APR*
All vehicles sold in “as is” condition. There are no written or implied warranties or guarantees outside of any applicable manufacturers warranties. All offers subject to availability. Inventory subject to change.
FAST-MOVING INVENTORY - NO HOLDS ACCEPTED*APR = Annual Percentage Rate. Rate subject to change without notice. With Approved Credit. Extended terms are available.
Estimate new loan terms now
It’s easy to find out how much you can save. Use our auto loan refinancing calculator to help you understand your options. You can manipulate the features on this calculator to determine what’s right for your unique needs.
Apply for an auto refinance loan today
At Red River Credit Union, we want you to make the right decision for your finances. Our loan specialists are happy to assist you. Click to apply now:
Apply Now
