CARCHEX Auto Finance Resources

Everything you need to know about auto finance and auto loan refinancing. Use our simple, auto refi calculator and online application to save money on your auto loan today.

25Oct, 2016

Pay Off Car Loan With Home Equity Loan – Good Or Bad Idea?

If you have an outstanding car loan, you may be considering paying it off with a home equity line of credit (HELOC). Some people do this to consolidate debt, and they often even bundle in credit card debt this way. […]

16Aug, 2016

Financing Your Rideshare Vehicle

If you’re a Lyft or Uber driver, your car is your most important business asset. So like any other business, it pays to examine your investment options. If you own your rideshare vehicle outright, good for you. But for those […]

25Jun, 2016

Auto Loans At All Time High

With the boom in auto sales, there has also been an expansion in auto loans. This means that more people are financing their cars than ever, and monthly payments have hit new highs as well. Let’s take a closer look […]

18Mar, 2016

Donating A Car To Charity – Tax Deductions & Other Tips

If you donate a car to charity, the standard tax deduction is $500. To take a higher deduction, you have to know how much the charity gets from the vehicle sale. You’ll provide the details to the IRS on Form […]

17Mar, 2016

Car Mileage & Other Tax Deductions

There are several ways your car can serve as a tax deduction. Work related miles can almost always be taken as a deduction. Also, miles driven to care for a rental property may be tax deductible. Even damage to your […]

8Jan, 2016

Refinancing A Leased Car

Leased car rates are up. This could be an indication of financial stress for some car owners. No matter what your situation, you may be wondering if you can refinance a leased car. Let’s find out…

Want to lower your auto […]

7Aug, 2015

Millennials Drive Less Than Previous Generations

An important trend is taking shape among millennials – that is, persons born between the early 1980s and early 2000s. It seems as though this sector is less interested in car ownership than their predecessors. Let’s find out how this […]

12Jun, 2015

Is Ridesharing Cheaper Than Owning A Car?

Ridesharing with services like Lyft and Uber have become very big business. Recently, Uber announced that it hit the 1 million ride per day mark. Many people today are getting rides instead of driving. So is ridesharing cheaper than owning […]

10Jun, 2015

Do Manual Transmission Cars Get Better Gas Mileage?

For auto enthusiasts, there’s nothing like driving a high performance car with a stick shift. With manual transmission you have total control over the car, and it’s more fun to drive. But do manual transmission cars get better gas mileage? […]

27Mar, 2015

How To Spot Car Refinancing Scams

Everybody wants to pay the minimum on their car loan. For this reason, car refinancing is attractive since it can lower your overall or monthly loan payment – or maybe even both. Unfortunately, as in any industry, there are those […]

26Feb, 2015

First Time Car Owner Advice On Refinancing

If you are a first time car owner, there is a good chance you financed your vehicle purchase through a car dealership. Depending on the deal you signed, you might be paying thousands of dollars more each year than you […]

26Feb, 2015

Can You Refinance Cars Older Than 5 Years Old? CARCHEX Has Answers

In today’s tight economy people are holding onto their cars longer. If you have a car loan on an older vehicle, you might be wondering if lenders will refinance cars like yours. Let’s find out.

Are You Upside Down?

Every car has […]

28Nov, 2014

Everything You’ve Wanted To Know About Auto Refinance

Refinancing your car or truck loan can save you money under the right circumstances. Before you refinance, it is important to educate yourself about loan concepts and terminology. Here is a comprehensive look at the vehicle refinancing process.

At the end […]

12Nov, 2014

Auto Refinancing For Students: Lower Your Monthly Payments And Save Money

According to the U.S. Department of Education, we are facing $1.096 trillion in outstanding student loan debt in 2014.  This number has doubled since 2007 alone.  This just indicates we are in the midst of a student loan crisis.  Education […]

12Nov, 2014

Will Falling Used Car Prices Affect Refinancing?

If you are in the market for auto loan refinancing then here’s some potential good news: used car prices are predicted to fall during the remainder of 2014. This is due to increasing new car sales which puts the pressure […]

12Nov, 2014

Pay Off Car Loans Faster – Auto Refinance And Other Tricks

Today’s economy is tough, and it pays to look for ways to reduce your debt burden. Let’s look at how auto refinance and other methods can help you pay off your car loan faster.

Auto Refinance

When you refinance your auto loan, […]

12Nov, 2014

Hidden Influences Behind Used Car Refinance Rates

Every car loan has an interest rate attached to it. There are many factors, like your credit score, that determine car refinance rates. There are some influences, however, that you might not know about. Let’s find out more.

Supply And Demand

Demand […]

12Nov, 2014

CARCHEX Tips On Reducing Monthly Car Expenses

You automobile is one of the most expensive items in your budget. There are many ways to save on monthly car expenses, sometimes even up to hundreds of dollars a month. Let’s find out how.

Big Ticket Items

Look for the big […]

12Nov, 2014

Can I Get A Tax Benefit Out Of Auto Loan Refinance?

If you thinking about auto loan refinance, you might want to know if the interest you pay on the new loan is tax deductible. Refinancing alone does not give you a tax break, but if your car is used for […]

12Nov, 2014

Will Refinancing My Car Affect My Credit Rating?

Everyone likes to save money, and in some cases refinancing your car loan can save you thousands of dollars. But, some people hesitate to consider auto refinancing because they think it will affect their credit score. Applying for new credit […]

12Nov, 2014

Will Car Insurance Premium Change If I Refinance Car Loan?

If you decide to refinance car loan agreements, you should be aware that your auto insurance premium might be affected by the process. In some case, this can actually save you money. Let’s see exactly how this works.

Factors That Affect […]

12Nov, 2014

What Fees Are Associated With Auto Refinancing?

Auto refinancing can save you money, but often there are some fees involved. Even though refinancing may reduce your monthly car payments, it is important to be aware of all the costs associated with the refinancing process.

Early Termination Fee

When you […]

12Nov, 2014

What Are The Tradeoffs Of Refinancing Your Vehicle?

If you have a car or truck loan, you might be considering refinancing. Before you move ahead, there are some things you may first wish to consider.

What Is Refinancing?

When you take out a car or truck loan, the company that […]

12Nov, 2014

Understanding Different Auto Refinance Definitions

Sometimes taking out a car or truck loan or refinancing a loan can be confusing due to the terminology. Understanding loan terminology helps you be sure that you are getting the best financing deal. Let’s look at some important loan […]

12Nov, 2014

Top 5 Questions To Ask When Choosing Auto Refinance Companies

Shopping around for auto refinance is not complicated when you know the right questions to ask. In some cases, refinancing can save you thousands of dollars over the loan term. Let’s look at the most important questions regarding the selection […]

12Nov, 2014

Is It Safe To Refinance Car Loans At Any Time?

When looking to refinance car loans, timing can be important. Is it better to refinance in the early, middle or late stages of the loan? While every situation is different, some general guidelines can help you decide when to refinance.

Early […]

12Nov, 2014

How To Refinance Auto Loan With Bad Credit

If you are looking to refinance your car loan, you might be worried since you have damaged credit. Although your options might be limited, it is possible to refinance auto loans with bad credit. Let’s find out how.

What To Do […]

12Nov, 2014

How To Refinance A Car

If you are making monthly car payments, you might be considering refinancing as a way to decrease your costs. It’s not complicated, but it helps to know a bit about how to refinance a car before you make any decisions.

Simple […]

12Nov, 2014

How To Get Out Of A Bad Car Loan

Are you dealing with a car or truck loan that is disadvantageous or too expensive? You don’t have to keep paying for a loan that doesn’t fit your budget. Let’s look at some strategies on how to get out of […]

12Nov, 2014

How To Compare Auto Loans

If you are looking to buy a new or used vehicle – or are considering refinancing – you should know how to compare auto loans offered by different lenders. There are various auto finance options, and each has specific advantages […]

12Nov, 2014

How Do I Choose A Provider To Refinance With?

If you are considering refinancing your car or truck loan, there are several auto refinance companies to choose from. Refinancing is not a difficult process, but it is important to do your homework and choose the right loan provider.

How Refinancing […]

12Nov, 2014

How Car Type And Age Affect Refinancing A Car

The most important factor when it comes to refinancing a car is the annual percentage rate (APR) or interest rate. The main advantage to refinancing is that a better rate can lower your monthly payments and the overall loan amount. […]

12Nov, 2014

How Auto Refinancing Saves You Money

New car buyers often finance their purchase through a new car loan. In many cases, new car buyers let car dealers set up the finance terms. This often leads to higher interest rates, since the dealership also derives some of […]