Refinancing Our Car

So we have a 2005 car and a 2009 minivan in our household, both of which we still owe money on.  My minivan especially is still new and at the time we needed it so we took what we could get as far as financing goes.  Since we were going to be buying another house we were told our payments couldn’t be more than a certain amount and so we had to really spread out our loan.

Now that we are settled in our new house and I am in tax mode, I am also thinking about areas we can save money in our budget.  So car refinancing is at the top of my list.  We had refinanced my husband’s car a few years ago, again to lower our monthly payment to stay within our budget, and we got a great rate.  Our credit is pretty good and we haven’t added or changed anything on it for over a year now.

I am definitely going to work to refinance my car but it is something my husband and I have to have time to sit down and work on together.  The car is in his name and while he lets me handle all the finances, I still want his input on applying. There are also so many options out there so I don’t know where we are going to start, whether we go with our bank or a website where they search for the best rate for us.  I am trying to remember or find in our email who we went with last time but I am coming up empty right now.   I figure it can’t hurt applying and I don’t remember there being any fees last time we did.

Mama’s Money Savers Disclosure:  This is a sponsored post.  Please see my Disclosure Policy.