Too soon to Refi?

[EaglesFan2006]

I bought a new car August 30, 2019.  The loan is with Chase, and i'm looking to go through my CU for a lower rate.  All things being equal, is there any factor about it being 'too early' to refi?  I've heard at least 6 months before, but not sure how valid that really is.  

[RSX]

It's not too soon. Do it when you are able to

i have heard of people doing this 1 month after.....

[Anonymous]

If you qualify for a better rate now go ahead and refinance it.
The ability to refinance in 6 months is usually a BS sales tactic dealerships use to sell you on a higher rate at the time of delivery. The idea is that in 6 months of on time payments your auto score will be much higher and you'll be able to refinance through a local credit union at a better rate. Realistically you probably qualified for a better rate at the time of delivery and Finance marked the rate up to make more money, also know as 'reserve' or 'participation.'

Short and simple, any better rate is worth an additional HP because even a 1% difference can save you lots of money in the long run.