Hi guys, My wife & I loved the TSX so much that we accepted a somewhat high interest rate to get it. We were told that after at least 6mos of steady payments we could refinance to get a lower rate. Do you think this is a likely scenario? I've also been told that it would be a good idea to keep the mileage low. What do ya think?

 

I've refinanced lots of cars, just check that the current loan doesn't have any early pay off fees.

I jump bank to bank when I refinance, my old loans never have any pay off early fees (else I wouldn't take that loan) and the new bank-institution usually finances you for free (no set up cost, you still have the apr % duh.) to get your business.

Check around, I like credit unions for low rates the best myself.

Sometimes, I've also had to pay down the gap on my loans too. But it was always worth it to me.