topic Re: Capital One Auto Finance in Auto Loans

Capital One Auto Finance

Anonymous — Thu, 05 Apr 2018 16:00:57 GMT

First, I just want to say this was the easiest way I have ever bought a car. About 6 months ago, I was in the market for a new (used) car. I was tired of going to dealers and being bamboozled, so I searched high and low for an easier way to buy a car with the best rate. I ended up with CapOne using their AutoNavigator tool; which is by far the easiest to use. Found the car I wanted for an acceptable APR and max $, walked in to the dealer with CapOne information printed out and walked out with the car I wanted. Just another success story here with CapOne.

Do you think it would be good to refinance 6 months into the loan? I have been paying way ahead of my due dates with additional principle payments, so I am already 4 months ahead of payoff than the loan term.

Re: Capital One Auto Finance

birjest — Thu, 05 Apr 2018 17:07:14 GMT

CONGRATS!!!! I too did the pre-approve with Capital One. However, the dealership was able to get a deal done with the local credit union here. As for re-finance...depend on your interest rate. I will be refinancing in 12 months (rate is at 6.49 77 months), with USAA. Otherwise, it's a toss up.

Re: Capital One Auto Finance

Tim_S — Fri, 06 Apr 2018 13:17:00 GMT

Congratulations on your approval! I also used CapOne Auto Navigator and it was the easiest process I've ever been through with purchasing a car. Got approved for my brand new Impala LTZ at 2.99% and the dealer couldn't beat it. I can't say enough good things about CapOne auto loans!

Re: Capital One Auto Finance

Anonymous — Sat, 07 Apr 2018 05:15:25 GMT

Congratulations on your Capital One success!!

Good luck to you all.

As for the refinance 6 months in. Well, they don't really care when you do it. You can refinance 2 days into a new auto loan if you want.

Totally up toyou!

Re: Capital One Auto Finance

Anonymous — Tue, 07 Aug 2018 15:08:59 GMT

Thanks for all the kudos and nice words.

Update to the refi... Capital One does not refinance their own auto loans...

Re: Capital One Auto Finance

Revelate — Tue, 07 Aug 2018 20:07:19 GMT

@Anonymous wrote:
Thanks for all the kudos and nice words.

Update to the refi... Capital One does not refinance their own auto loans...

Yeah no lender does that to my knowledge with auto loans heh.

Auto lending money is made in interest, mortgages it's mostly in origination which is why they're different in this regard.