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Auto Refinance

Refinancing is a great way to save on your monthly bills. When the interest rate on a loan goes down, the savings quickly add up. Transfer your auto loan to ABCO and take advantage of:

  • Rates as low as 1.99% APR*
  • No pre-payment penalty
  • Extended Warranty and GAP Insurance options at affordable rates

Savings Example:

If you took out a 5-year loan for $20,000 at a rate of 5.99% APR and you've made 12 payments, your current monthly payment may be around $386 and there may be around $16,000 and 48 months left on your loan.

If you were to refinance that $16,000 at 1.99% APR* for 48 months, your new monthly payment would be $347.

Savings on Your Monthly Payment: $39***
Total Interest Savings: $1415***

 

 

 

*APR=Annual Percentage Rate. Subject to credit approval. Rates will vary based on creditworthiness. The minimum for an auto loan is $5,000. Rates and terms subject to change at any time. ABCO vehicle loans are not eligible for refinance. Some vehicles will not be eligible for refinance.

**Refinancing may or may not reduce your current payment depending on the principal, rate, and term of your existing loan. Must be a member to apply for a loan.

***This is an estimate and for educational purposes only.



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