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Auto Refinance Loans

Refinance your auto loan to get better terms.

Stop feeling overwhelmed month after month with a too-high car loan payment. Red River Federal Credit Union can help you secure a more affordable loan option for your needs. We take care of the hassle for you – you just keep on enjoying your vehicle.

Ask us about refinancing your jet ski, motorcycle, and ATV loans, too. We also refinance cars that have been previously repossessed. It only takes minutes to apply for an auto refinance loan with Red River Federal Credit Union.

Auto refinance loans come equipped with these great features:

  • Competitive interest rates
  • Quick approval on refinance loans
  • Convenient eSign service*
  • Flexible payment terms
  • Low-cost DentGuard, warranty and GAP options to save you money

*Some restrictions apply.

Apply Now

Should you refinance your current auto loan?

Refinancing an existing auto loan can be an excellent way to reduce what you’re paying on your vehicle. Depending on the features of the new loan you select, you may be able to reduce your interest rate, lower your monthly payment, extend your payment terms, or pay off your vehicle loan sooner.

It’s important to know if this is beneficial for you. Our loan specialists can answer all of your questions. Let us take a closer look at your existing auto loan to see if you can save money or enhance your loan in other ways.

  • AUTO LOAN RATES

    Loan Type

    Term*

    APR As Low As**

    New 2020

    up to 84 months

    2.99%

    2019

    up to 84 months

    2.99%

    2018

    up to 72 months

    3.49%

    2017

    up to 72 months

    3.49%

    2016

    up to 72 months

    3.49%

    2015

    up to 48 months

    3.99%

    2014 & Older

    up to 36 months

    4.49%

    *Terms may be extended on Auto Loans to 84 months at 60 month rate with approved credit and loan amount - Purchase or refinance from other institution only on a 2015 year model or newer - $17,000 minimum.

    **APR = Annual Percentage Rate. Rate and term based on credit score and year model (auto). Rate subject to change without notice. With Approved Credit.

  • RECREATIONAL VEHICLES (BOAT, JET SKI, ATV, MOTORCYCLE)

    Loans under $25,000

    Loan Type

    Term*

    APR As Low As*

    New

    up to 60 months

    4.49%

    Used

    up to 60 months

    4.49% 4.89%

    Loans over $25,000

    Loan Type

    Term*

    APR As Low As*

    New

    up to 144 months

    7.29%

    Used

    up to 144 months

    7.79%

    *APR = Annual Percentage Rate. Rate and term based on credit score and new or used model. Rate subject to change without notice. With Approved Credit.

  • REPO RATE

    All Year Models are 3.74 % APR*

    All vehicles sold in “as is” condition. There are no written or implied warranties or guarantees outside of any applicable manufacturers warranties. All offers subject to availability. Inventory subject to change.
    FAST-MOVING INVENTORY - NO HOLDS ACCEPTED

    *APR = Annual Percentage Rate. Rate subject to change without notice. With Approved Credit. Extended terms are available.
     

       View Inventory

Estimate new loan terms now

It’s easy to find out how much you can save. Use our auto loan refinancing calculator to help you understand your options. You can manipulate the features on this calculator to determine what’s right for your unique needs.

Estimate your loan payments

Apply for an auto refinance loan today

At Red River Credit Union, we want you to make the right decision for your finances. Our loan specialists are happy to assist you. Click to apply now:            
Apply Now

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