Can I refinance my car loan to a lower rate?

Yes, if your credit has improved since you financed, or if you originally financed at a dealer at a high rate, refinancing through a credit union or lender can significantly reduce your payment. Dustin will tell you if you qualify.

What if I am upside down on my current loan?

Being upside down limits some options but does not eliminate them. Trading into a vehicle with strong residual value or using a down payment to close the gap are common strategies.

My rate is 24% — is that normal?

It is common for challenged credit buyers at dealerships, but it is not the only option. There are lenders at lower rates for buyers with improving credit or better income documentation.

How much can I actually save by refinancing?

On a $25,000 balance at 22% vs 10%, the monthly difference is about $150/month — and thousands in total interest. It depends on your balance, rate, and remaining term.

What if my credit has gotten worse since I financed?

Refinancing may not help if credit has dropped, but trading into a less expensive vehicle may lower your payment even if the rate stays the same. Dustin evaluates all angles.

Lower My Car Payment — Options in Tampa, FL

Is your current car payment too high? Dustin at Lee Auto Group Tampa can help you explore options to lower your monthly payment — through trading into a more affordable vehicle, refinancing your current loan, or leveraging a trade-in with strong equity. Call or text (813) 727-7168.