Auto Refinance

See if you can save on your car payments

What year is your car?

What make is your car?

What model is your car?

Get Started
Checking your rate is free and won’t impact your credit score.

Is my current auto loan eligible?

To qualify, your car must be:

• 10 years old or newer
• A personal use automobile
• Under 130,000 miles (or 150,000 for trucks)

Upgrade auto refinancing currently not available for RVs, motorcycles, commercial vehicles, or salvaged vehicles.

And your current auto loan must have:

• At least 3 monthly payments made
• An outstanding balance greater than $5,000

How it works

Check your rate

Apply online and get offers instantly.

Confirm your details

Select the offer you like best and we'll guide you through each step of the loan and title transfer process.

Drive off with savings

Once you're approved, we'll take care of paying off your previous lender. That's it — your auto refinance is complete!

You're in the driver's seat

Affordable monthly payments

Low fixed rates

Make payments and manage your account from anywhere

Access your account 24/7 online or on the Upgrade app

Customers love us

Trustpilot Rated 4.7 out of 5. 57866 reviews on Trustpilot.

You could lower your monthly car payment and save

Our online process makes it fast and easy to see if you can refinance your car loan and save money.

Affordable monthly payments

Great rates and terms that can lower your payment and save you money.

Reliable support

We'll walk you through each step to make your refinance as easy as possible.

No prepayment penalty

Pay off your loan at any time with absolutely no penalties or extra fees.

Manage your Upgrade account on the go

• Safe, secure, 24/7 access to your account details
• Adjust your payment date to the day of the month that’s best for you up to 15 days before or after your assigned payment date. *
• Explore Upgrade products like Flex Pay, Upgrade Shopping, Rewards Checking Preferred, and more!

From our customers

What is an auto refinance loan?

An auto refinance loan is when you pay off your existing car loan with a new loan. When you refinance, you can lower your monthly payment and free up more cash for your other regular expenses, and you may be able to save money overall by getting a lower interest rate.

How do I decide if I should refinance my auto loan?

Many people decide to refinance their auto loans to take advantage of a lower car payment, pay less in interest, and/or pay off their loans faster. Auto refi can be most helpful if your credit score has improved since you bought your car. On average, Upgrade customers can save $115 a month.* Over a year, that adds up to $1,380! It takes a couple of minutes to check your rate. Checking your rate is free and has no impact on your credit score. Check your rate and see how much you can save!

*Average monthly savings are based on customers who refinanced their auto loan through Upgrade in 2022 when compared to their previous auto loan payment. If you decide to refinance, you may be able to lower your monthly payments or reduce your APR but it may increase the total number of monthly payments and/or the total amount paid when compared to your current situation. Your actual savings may vary.

What are the benefits of refinancing my car through Upgrade compared to dealer financing?

Getting an auto refi loan through Upgrade can help you save on interest or lower your monthly car payment. If you financed your car through a dealer, they may have added a premium to your loan, known as dealer markup. Plus, there’s no prepayment penalty, so you can refinance today and pay off at any time. Get started by seeing if you qualify now.

What is the process for refinancing my auto loan?

Refinancing your auto loan is simple. First, check your rate and apply online. Once you’re approved, you’ll need to share some documents to finalize your new loan. We’ll guide you through each step.

What documents are required to get an auto refinance loan?

Once you’re approved for an auto refinance loan, you’ll need to send some documents before your funds can be deposited. The documents we ask for typically include your vehicle registration card, proof of insurance, as well as a form that helps us use your car as collateral. The process is simple and we’ll walk you through each step so you can get your funds as quickly as possible.

How is my current auto loan paid off?

After approval, Upgrade will directly pay off your existing auto loan and obtain the title from the current finance company. Please keep in mind, it may take up to 2 weeks before the payoff is completely processed. Monitor the status of your existing auto loan during that time frame and continue to make any payments that might be due while the payoff check is in transit. If there is an overpayment, you will be refunded the difference from your lender.

Need Help?

Email us at support@upgrade.com

Or call us at (844) 319-3909
Monday - Friday, 5:00 AM - 7:00 PM PT
Saturday - Sunday, 6:00 AM - 5:00 PM PT