Do you have to put money down when you refinance your car?

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asked Feb 23, 2018 in Buying & Selling by EyeCandyI (240 points)
Do you have to put money down when you refinance your car?

When you refinance your car loan do you have to put money down on the refinanced car loan again?

1 Answer

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answered Feb 23, 2018 by Adf289 (58,200 points)
In most cases you won't have to put another down payment to refinance the car loan though it could depend on your credit rating and how well you made the current car payments on the car loan.

But most car loans don't require a down payment to refinance.

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