---
id: faq-0019
title: "Can I refinance my current auto loan?"
category: faq
subtopic: financing
page_type: faq
source_url: "https://www.castlehyundaioaklawn.com"
tags: ["financing", "refinancing", "existing-loan"]
questions:
  - "Can I refinance my car loan?"
  - "Should I refinance my auto loan?"
  - "How do I refinance through Castle Hyundai?"
related: [financing-options, interest-rates]
dealer: Castle Hyundai Oak Lawn
---

Yes, refinancing an existing auto loan can help you lower your monthly payment or reduce your interest rate-especially if your credit has improved since you first borrowed.

While Castle Hyundai Oak Lawn primarily works with buyers purchasing vehicles through us, we encourage you to explore refinancing options with banks, credit unions, and online lenders. A lower rate can save you hundreds of dollars over your loan term.

If you're interested in trading up to a newer Hyundai and rolling your current loan into a new purchase, our Finance Department can absolutely help with that. They'll factor in what you still owe and structure a new loan that works for you. **Call (708) 422-9300** to discuss your situation.