Centra Blog

Increasing your Financial IQ

Save more each month by refinancing your auto loan

Auto loan special dog

Could you use a little extra money each month? Maybe you’re working to pay down some debt, needing to make an unexpected home repair, replace your broken refrigerator, or pay for an emergency. Whatever it may be, one option some people consider in such circumstances is using their equity; not in their home, but in their car! No matter your situation, it’s a great time to refinance your auto loan to try to either get cash back or save money over the life of your loan. But what does it really mean to get cash out of your vehicle?

With our limited time cash-out refinance option, you can take advantage of low rates and use the equity in your vehicle to pay down high-interest debt, make a home improvement, or use for whatever you want and need. Not only could you get cash out when you refinance, but you could also lower your interest rate for the life of your loan. As an added bonus, you don’t have to make your first payment for 90 days.*

Whether you could use a low-cost loan or are just looking to save with a refinance, now is the perfect time to see if our current auto loan special can help. We’ll work with you to figure out what your current vehicle is worth and how much equity you have. Then, if you opt to cash out the difference, you could leave with a pocket full of cash and enjoy your awesome ride.

You can refinance with us today!

Check out the details on this special deal.

*The option to defer payments up to 90 days is available. This offer is not automatically applied.