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Auto loan refinance for as low as §% APR

This rate includes a 0.25% discount for using optional automatic payments.‍ ‍ See note 1

Refinance my auto loan

Manage an approved loan

Should you refinance your auto loan?

When you refinance, you replace your current car loan with a new one. This includes a USAA Bank Auto Loan or one you have with another bank.

You may be able to lower your payments by getting a better interest rate or changing the length of your loan.‍ ‍ See note 2

Estimate your monthly payment.

Go to auto loan calculator

Why choose us

We've been serving the military community since 1922.

Easy application

Your loan approval is good for 45 days, giving you time to make sure refinancing is the way to go.

No age or mileage restrictions

It doesn't matter how old the car is or how many miles it has. You may still qualify.

Terms up to 84 months‍ ‍ See note 1

We offer longer terms for new and used cars depending on how much you borrow.

Flexible payment option

Pay once a month, twice a month or every 2 weeks so it works with your payday. Plus, save 0.25% on your interest rate when you set up automatic payments.‍ ‍ See note 1

Taking your car overseas

Unlike some lenders, we usually let you take your car along when you deploy, move or travel overseas.‍ ‍ See note 3

Auto loan refinance FAQ

Every situation is different. Whether you’re trying to save money on your car payment or lower your rate, you may need to crunch some numbers.

To help you make the best decision, read our auto refinancing guide advice to help you make the best decision.

If you're getting Servicemembers Civil Relief Act (SCRA) or state service member benefits or protections, your refinanced loan may no longer be eligible for benefits or associated protections.

For more info, read about SCRA and state benefits to understand your SCRA benefits and protections.

Your loan is upside down if you owe more on your car than it's worth.

You might be able to roll that negative equity into your new loan. We'll determine how much you can borrow based on your credit, income and our value of the vehicle.

We'll need your 10-day payoff amount and details about your employer, income and housing.

The 10-day payoff is usually different from your current loan balance. It's the total amount needed to pay off a loan within 10 days. That amount includes the principal, interest, fees and any other charges to settle the loan.

You'll need to request the 10-day payoff amount from your lender. If you're refinancing a USAA Bank Auto Loan, we should be able to add your payoff amount to your application automatically.

Find out if refinancing can help you save.

Refinance my auto loan

Manage an approved loan

Related footnotes:

  1. Displayed rates are our lowest Annual Percentage Rates (APR), available on 36 month terms, applies to vehicle refinancing, and include a discount for optional automatic payments (0.25%). Rates and terms subject to change without notice. Rates vary based on approved credit and other factors, such as term, model year, loan amount, and loan purpose. Monthly payments vary based on APR for which borrower is approved, term for which vehicle is financed, and amount borrowed. Financing for 36 to 60 month terms require a financed amount of $5,000 or greater and approved credit. Financing for 72 month terms requires financed amount of $15,000 or greater and approved credit. Financing for 84 month terms is available on new auto loans (model years 2024 to 2026) and used auto loans (model years 2018 to 2023) and requires financed amount of $25,000 or greater and approved credit. Maximum loan amounts apply and are subject to change without notice.

    New Car (dealer) Payment Example: A 36 month new auto loan (model years 2024 to 2026) with an annual percentage rate (APR) of 6.40% would have monthly payments of $30.60 per one thousand dollars borrowed.

    Used Car (dealer) Payment Example: A 36 month used auto loan (model years 2018 to 2023) with an annual percentage rate (APR) of 8.92% would have monthly payments of $31.76 per one thousand dollars borrowed.

    Old Car (dealer) Payment Example: A 36 month used auto loan (model years 2017 and older) with an annual percentage rate (APR) of 9.54% would have monthly payments of $32.05 per one thousand dollars borrowed.

  2. While refinancing your current loan could result in a reduced rate and/or payment, choosing an extended term may cost you more in the long run.  If you are currently receiving Servicemembers Civil Relief Act (SCRA) benefits or protections, your refinanced loan may no longer be eligible for benefits or the associated protections.

  3. Restrictions apply. Subject to approval.

Related footnotes:

  1. Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change.

  2. "USAA Bank" means USAA Federal Savings Bank.

  3. Bank products offered by USAA Federal Savings Bank, Member FDIC. Credit card, mortgage and other lending products not FDIC-insured.

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