APR is the Annual Percentage Rate. The rate advertised can vary based on creditworthiness, age of vehicle and terms of the loan. APR is calculated according to the simple interest method.
Granting of cash back is subject to credit requirements and the loan-to-value of the vehicle. The cash-back amount will be made available to you via check or electronic transfer and will be added to your loan amount. Interest will accrue on your cash-back amount. Non-commercial vehicles up to eight years old may be eligible for up to $5,000 cash back.
Residents of the following states are NOT eligible for Cash-Back Refinancing: AK, AR, CT, DC, HI, KS, KY, MA, MS, NC, ND, NE, NH, NJ, NM, NV, PA, VA.
Skip a Car Payment
Because the first monthly payment on your new auto loan may be due up to 30 days after the closing date, and the closing date may be zero to 30 days after the most recent monthly due date of your existing loan, you may not have a scheduled monthly payment due for 30 to 60 days after the most recent monthly due date of your existing loan. The actual number of days you will not have a scheduled monthly payment due will vary depending on the terms of your existing loan, your payments on the existing loan, and applicable state law. Interest will accrue on your existing loan until it is paid in full. Interest will accrue on your new loan beginning on the date the loan is funded.
Lower Your Payment Claim
Approved applicants may receive a lower monthly payment. The monthly savings is a result of a longer term, lower interest rate, or both and is based on a comparison of your new loan with RoadLoans and your prior loan. Savings may vary and your savings may be different.