You have been thinking about refinancing your vehicle for a while now, but you are not sure if it’s the right thing for you. Your credit is awesome, much better than when you bought the car.
There are many dealers and banks that are more than willing to sell a car with rates around 25% and some people will take that because they need a car. But you shouldn’t and there is a way to fix it.
In the best situation, you have cleaned up your credit within a few years of buying the car new. The newer it is the better. Refinancing is a great option in this case, but maybe you’re unsure of what happens to the other things you purchased when you got your car.
What about the extended warranty you were sold and the GAP insurance? You might feel now as if you were duped into buying those things and don’t want to lost your money on them. It was an investment just like your car right?