Refinancing is meant to help you lower your monthly auto loan payments, or give you longer to pay for a vehicle you love. While there's technically no limit to how many times you can do this, it may not be wise, or possible to do it more than once.

Whether or not you save in the long run depends on how you refinance, and how much your credit has improved since you took out your loan. Let's take a look.

Done correctly, refinancing an auto loan has a few benefits. The biggest one is that it can save you money each month. But, if you're not careful, it can cost you more in the long run.

When you need a little extra cash, you might be able to get it from your car. Choosing cash-out refinancing can put money in your pocket, but there can be risks to using all your equity, too. Here's a look at what you should know about cash-out refinancing.

If you're considering refinancing your car, your current lender might be your first thought. Not all lenders are able to refinance auto loans, though. Here are some things to consider if you're thinking of refinancing your car loan with the same lender.

Refinancing an auto loan can be a good idea when interest rates have fallen, if your credit has significantly improved since taking out your loan, or when you need to save money each month, too. With interest rates slated to rise later in 2022, now could be a good time to take advantage of car loan refinancing.

No matter your credit score, you have to meet all the lender requirements if you hope to refinance your car. Though each lender has its own specifics, there are generally a few requirements you should expect when refinancing an existing auto loan.

Refinancing a car with bad credit isn't impossible, but it may pose a challenge for borrowers with lower credit scores. If you took out a subprime auto loan, chances are your interest rate may be on the high side. Refinancing can lower your interest rate and save you money.

Looking to give your car to someone else? If you still owe on an auto loan, here's what you need to know about refinancing and transferring ownership of a vehicle.

Refinancing your auto loan doesn't have a cost, per se, but there might be costs involved in the process depending on your situation. The purpose of refinancing is typically to save money each month by lowering your loan payment. Let's look at how it works and what it might cost you.