WebMar 8, 2024 · Your car has high mileage. If you’re driving a car that has significantly depreciated in value, such as an old car with high mileage, lenders may not be willing to issue a loan with better rates than you currently have. Your current loan has a prepayment penalty. Some lenders charge a fee for paying off a car loan early. WebSep 19, 2024 · To qualify for auto loan refinancing, you may need to meet certain standards of creditworthiness, and your vehicle may need to meet certain standards of maintenance. If your vehicle has more than 125,000 miles on the odometer, it may be difficult to get a high mileage refinance. 5. Selling an Upside Down Vehicle
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WebJun 22, 2024 · The mileage on your vehicle — Mileage can also affect a vehicle’s value, and you may not be able to refinance a high-mileage car or truck. That cutoff is fewer than … WebApr 6, 2024 · Financing for High-Mileage Vehicles Credit Unions vs. Banks Auto Loans for Older Cars With High Mileage Some lenders have become more lenient with their loans … church prices for getting married
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WebAutopay Auto Refinance offers loan terms of up to 84 months. Most auto refinancing loans have a maximum term of 60 months. Minimum income of $24,000. You will need an … WebFeb 17, 2024 · Most lenders have limits on the age or mileage of the cars they will finance, commonly 10 years and 100,000 miles. You may struggle to find a lender willing to refinance an older, high-mileage car. If you find yourself in a situation where refinancing is necessary, consider taking out a personal loan as an alternative option. WebBorrowers with a credit score as low as 630 may qualify for PNC Auto Refinancing. Vehicle requirements. Vehicles must have less than 80,000 miles and a maximum age of 8 years. Refinancing for large loan amounts. You can refinance auto loans of up to $100,000 with PNC Auto Refinancing. Fast process. dewimg captcha 21