Refinancing Your Auto Loan2022-08-25T15:24:13-05:00
two women driving in a car

Auto Refinancing

Fees just aren’t our style.

No annual fees, application fees, or funds due at closing.

Start my refinance

Questions? We can help.

Your car. For less.

Love your car, but not what it costs you? We can help!

When you bring your auto loan to Connexus from your current lender, we don’t just lower your interest rate and monthly payment. We also treat you to 90 days of no monthly car payments upon request3.

Check out the video to learn more about our quick and easy refinancing process or click below to get started today.

Is refinancing right for you?

Watch this one-minute video to find out if now's the right time to refi — and learn just how easy it is to lower your monthly payment with Connexus.

Auto refinance perks

When you bring your auto loan to Connexus from another lender, you’ll walk away with much more than a lower monthly payment. In fact, we pull out all the stops to give you an experience so stellar, you’ll become a member for life. To that end, here are just a few of the exclusive perks you can take advantage of:

Up to 90 days no payments3

Nothing better than that new car smell … except for three months of no payments. Request it and it's yours.

Refinancing as easy as 1, 2, 3, 4

We take refinancing back to basics. In just four simple, stress-free steps, we'll help you lower your rate and payment.

Less nickel-and-diming, more savings

At Connexus, fees just aren't our style. That means no annual fees, prepayment penalties, or funds due at closing.

Amped-up security for peace of mind

Safety first! Protect your vehicle and financial well-being with Debt Protection, GAP Protection, and our Warranty Program.

Lowest available rates (Cars, Trucks, SUVs, Motorcycles)

New/Used Auto Loan Refinance Rates - Cars, Trucks, SUVs and Motorcycles
Model YearTermAPR1 As Low AsMonthly Payment
2020 or newer24 months3.69%$649.31
36 months3.69%$440.79
48 months4.19%$339.96
60 months4.39%$278.90
72 months4.69%$239.42
84 months5.49%$215.48
2019 and older224 months3.99%$651.31
36 months3.99%$442.79
48 months4.49%$341.98
60 months4.99%$283.00
72 months5.49%$245.00
84 months6.99%$226.32
Accurate as of 8/29/20221

The refinancing process

Learn more about refinancing

FAQs: You Asked. We Answered.

Why should I refinance my existing car loan?2022-08-08T15:57:56-05:00

You might refinance to get a lower interest rate or lower your monthly payment by extending your repayment term. Call 800.845.5025 or try our Auto Loan calculator to figure out how much you could save.

Is the refinancing process difficult or time-consuming?2022-08-08T16:01:10-05:00

We make refinancing as quick and easy as possible! In just four simple, stress-free steps, we’ll help you lower your rate and payment. Here’s how it works:

  • Apply online in minutes or by calling 800.845.5025 by entering your current loan and payment details
  • Get approved to refinance your loan in 1-4 business days4
  • After approval, enjoy 90 days of no monthly car payments upon request3
  • Save money with your new interest rate and lower monthly payments thereafter
Will I be charged any fees to refinance?2021-10-15T15:05:50-05:00

At Connexus, we don’t believe in nickel-and-diming. So when you refinance, you won’t be charged any annual fees, application fees, or prepayment penalties, and you won’t have any funds due at closing.

Can I pay off my loan quicker than the payment schedule?2022-08-08T16:05:44-05:00

Of course! There’s no prepayment penalty for paying off your loan early. Doing so will actually help you save on interest over the long run.

Can’t find what you’re looking for? Ask us!2022-09-13T11:10:15-05:00

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


    See our Fee Schedule for a list of fees you may encounter.

    1 APR = Annual Percentage Rate. All rates accurate as of 8/29/2022 and are subject to change. Rates include a 1% discount when registered for Digital Banking and subscribed to eStatements, and a 1% discount for auto-paying electronically. Loan term must be at least 24 months. Minimum loan amount is $10,000. Payments calculated on a loan amount of $15,000. Individual rates and terms may vary and include all eligible discounts. Certain restrictions apply. Offer does not apply to loans currently financed at Connexus Credit Union. Offer subject to change or termination.

    2 To be eligible for the lowest available rate, term length restrictions apply. Model years 2017-2019 have a maximum term of 84 months. Model years 2015-2016 have a maximum term of 72 months. Model years 2014 and older have a maximum term length of 60 months.

    3 Interest begins accruing upon disbursal of loan. Deferred payment available upon credit approval. Some restrictions apply. Deferred payments may not exceed 90 days. Deferment must be requested at time of application.

    4 Processing and approval typically is complete in one to four business days, but contingent on member’s timely submittal of all required paperwork. Delayed submittals may add time to the approval process.