New Car

We have a car loan that began in 2005 and have never made 1 late payment – every month the car loan was paid on time. we’ve recently received offers from various banks/loans proposing a lower interest rate. we want to stay with our current auto loan provider but want them to lower the interest rate… is that possible? if so, how should we approach this request?

You can always get a lower intrest rate according to my banki can get them to refinance it at a lower rate sooo..try your bank after buying the car through the dealerships lender. if your bank wont refinance try your insurance company they may refinance it. i know state farm insurance refinances vehicles.it also is based on downpayment,payment history, and your credit score.then they may possibly fight to keep you as a customer by lowering your current intrest rate. do your home work first.good luck i hope this helps!!