Car Loan

I have a loan with ford credit. but i only have $7000.00 left on loan. what is the benifits if i do refinance? no recommendations for refinancing companies .no spam. i just wanted to know if it is a nice idea and what would be the benifits of doing it.

If your loan is half paid, you have paid about 70% of your interest. most bank charge you more interest on the first half of the life of any loan . that is how the make their money.