There’s a certain strategy to auto refinancing, and the fact remains (and we don’t want to burst your bubble too much): but the timing has to be right. Simply put. If it’s not, the honest truth is you may not want to do it. You might get a few pennies here and there, but overall the hassle’s way too much. So resist the temptation. Hold out for something better. And even better than that….
Make the Extra Money Work for You When Auto Refinancing!
What do we mean by that? Let’s say you’ve successfully refinanced your car. What next? Let’s put it this way: you’ve got some extra monthly money to work with now, but don’t just waste that money. Build an emergency fund with it. Save for a vacation. Pay off some debts.
The point of refinancing isn’t simply to give you more money to play around with. Owning a car may be a benefit and a luxury for some, but for you, it’s an investment. That car you’re driving is basically a big pile of money that’ll only get bigger — and bigger. If you play your cards right.
The Fact Is You May Never See Interest Rates on Your Car Loan Dip Like That Again
So you make the extra money work for you. For as long as you can. Remember: you’re going to have that car for a very long time, for the entire lifeline of the car loan. During that time, while you’re driving kids to and from school, while you’re driving yourself to and from work — the least you can do for yourself is make that car work for you!
Owning a car is like having a business. Your product is the car. Better yet, the car loan. We urge you not only to sign up for LOANS 4 CARS, but recognize that!