How do I…
Car Loan Refinancing
It could be. In fact, thousands of our customers every year use auto loan refinancing their car as a way to lower their car payment, access cash or consolidate bills.1
Lower car payments
If you’d like lower car payments, there are a couple of ways to use car loan refinancing as a way to achieve that goal. When auto loan refinancing a car with Wells Fargo, you may qualify for a lower rate than you have right now. With a lower rate comes a lower monthly car payment when you keep your loan terms the same.
Other customers may want a lower car payment, even if they don’t qualify for a lower rate. With a longer loan term, you may reduce the monthly auto loan payment.
Cash for your financial needs
When refinancing a car with Wells Fargo, customers may be able to unlock cash from the value of their car. This allows customers to receive the remaining cash once their current auto loan is refinanced.
Some Wells Fargo customers have received as much as $5,4892 or more cash out with our car loan refinancing opportunities.
Consolidating your bills
Besides lower overall monthly payments, consolidating your bills can help you manage your budget easier with fewer loan payments to make.
Call 1-866-452-3413 to talk with our car loan refinance specialists. They will help you decide how refinancing a car could benefit you.
Or, apply online if you already know car loan refinancing is the right step for you.
1 Wells Fargo Auto Finance does not make loans for educational purposes. Please call Wells Fargo Education Financial Services at 1-800-658-3567 if any portion of the proceeds is to be used for educational purposes, or to refinance/consolidate any loan you incurred for such purposes.
2Granting of loan is subject to our credit requirements. The $5,489 figure is based on customers who refinanced their loans with Wells Fargo during the period from April 1, 2013 to June 30, 2013.