Auto Loan Refinance

Save money on your monthly car payments and get rates as low as 5.04 % APR* when you choose to auto refinance your loan with us.

If you struggle to keep up with your current monthly repayment option or you’d like to change the length of your loan, auto refinancing could be your best option. Our affordable auto refinance program enables you to keep your current vehicle with better loan terms more suitable to your current budget.

When choosing to refinance your auto loan, you’ll enjoy many benefits including:

  • A decrease in interest charges
  • Lower monthly payment
  • Ability to extend the length of the loan
  • Ability to remove or add as a co-signer to the loan

What to Expect When You Apply

Document with Table


Fill out our online application
or apply at your local branch.

Document with Check Marks

Officer Review

A decision will be made
in one business day.

Car with Person Next to it


Sign loan documents via
email or in person.

By refinancing with Greater Texas Credit Union, you’ll also gain access to:

Auto Loan Refinance Calculators

Use our interactive auto loan refinance calculators to see how different loan terms can affect your monthly payments.

Auto Loan Refinance Rates

At Greater Texas Credit Union, we offer competitive refinance rates to help you save on your current auto loan payments. Learn more about our current rates to see if we can help reduce your payments.

Auto Loan Rates

Scroll to the left to view the rest of the table.

**Rates are subject to change without notice, special promotional rates do not apply to loans already financed at the Credit Union.**

Loan Types Terms Annual Percentage Rate
2020, 2021, 2022 Models Up to 36 Months As low as5.54 %

Up to 63 Months As low as6.04 %

Up to 75 Months As low as6.64 %

Up to 84 Months* As low as7.64 %

2016, 2017, 2018, 2019 Models

Up to 36 Months As low as6.04 %

Up to 63 Months As low as6.54 %

Up to 75 Months As low as7.14 %

2012, 2013, 2014, 2015 Models

Up to 48 Months As low as7.26 %

Up to 66 Months As low as7.45 %

* 84 Month term on new vehicles only.

Auto Refinance Resources

As a Greater Texas Credit Union member, you’ll benefit from valuable financial resources to ensure that you’re making the right financial decisions.

Auto Refinance Calculators

Ready to lower your interest rates?

Apply Now

Other Financial Resources

Start your auto refinance process in person

Locate a Branch

Auto Loan Refinance Frequently Asked Questions

Still have questions about how to refinance your auto loan? Check out our answers to some frequently asked questions.

When is auto loan refinancing a good idea?

Your financial situation may have changed since you first took out your original car loan. Refinancing could give you access to lower interest rates or a longer term for your loan. Both of these options can lower your monthly loan payment.

It's also possible that when you didn't have access to the best interest rates. Perhaps your credit score has improved, and you're eligible for lower rates. Or maybe you previously financed your loan through a dealer who didn't give you the most competitive offer.

Whatever your situation, refinancing your auto loan could help you tailor your loan payments to fit your current budget.

Will refinancing an auto loan hurt my credit?

If you already have excellent credit, then refinancing an auto loan will make a comparatively small dent in your credit history. However, if you have bad credit, you might want to think twice before refinancing.

Applying to refinance your car loan triggers a "hard inquiry" on your credit report, which will temporarily lower your score. This decrease typically goes away in six months. However, within these six months, you should avoid other activities that could trigger more hard inquiries.

For example, if you're applying for a mortgage, you should wait until six months have passed after refinancing your car loan.

Refinance an Auto Loan

*APR=Annual Percentage Rate. Terms and conditions apply. Rate is for loan terms up to 36 monthly payments of $28.56 per $1,000 borrowed. Advertised rate includes additional discount of 0.25% for Greater Texas | Aggieland GAP and Auto Warranty purchase. Rate is based on credit approval and subject to change. Promotion applies to new money loans for purchase or competitor refinance only.