How long before you can refinance a car?

Typically, you must wait at least six months before you can refinance a car. This is because most lenders require that you have made a minimum number of payments on your current loan before they will approve you for a new one. The specific waiting period can vary from lender to lender. Some lenders may require that you have made 6 payments, while others may require 12 or even more.

There are a few exceptions to this rule. For example, some lenders may allow you to refinance your car sooner if you have a co-signer or if you are able to make a large down payment. Additionally, some lenders may offer "no-wait" refinancing options, but these typically come with higher interest rates or other fees.

If you are considering refinancing your car, it is important to compare offers from multiple lenders and to carefully review the terms of each loan before you sign on the dotted line. You should also make sure that you are aware of any prepayment penalties that may apply to your existing loan.