anyone leasing their vehicles
#1
anyone leasing their vehicles
Hey guys im right now well.. i dont know how to put it except capitol one is holding my car title. I do monthly payments for my car and i was wondering is there anyway i could refinance to pay less? I really want to keep the car but i dont have any left over money to spend. Only enough to pay for car payment and insurance. I REALLY do not want to see the car go i would literally die. But has anyone had any past experience on this and could help me that would be really nice.
#3
Registered User
yeah, i think you are talking about a loan, not a lease. if its a loan, yes, you can refinance....but with refinancing, if you are changing banks, its good to have a decent down payment. how is your credit? thats what it all comes down to.
#4
With a lease, you can roll it over into a loan, but you will pay the interest that you hadn't been paying during the lease period. When I rolled mine over, I ended up with having to pay the residual and then DMV tagged me with $1800 to register the car in my name, not the lease companies. I wasn't expecting that.
#6
nahh i cant do that. Love it too much. I will just have to go on paying what i have been paying. Work + School sucks but everytime i see my car and get in it goshh.......wat a relief.
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#9
Registered User
Yes you can check out a local bank, or an online bank suck as eloan. Fill out a consolidation form and wait to see if they will give you a worth while rate.
#10
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Join Date: Feb 2006
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1% isnt going to make an appreciable difference in your payments. only lengthening the pay period will.. .but given thta its a refinance of a used car... chances of extending the period is zilch. additionally, taking into account the 5yr rate trend, theres a very good chance you wont be able to decrease your rate