Auto Refinancing
Get a lower payment and a chance to win.
Refi an auto loan with Connexus for a chance to win $1,000.*
Questions? We can help.
Your car. For less.
Love your car, but not what it costs you? We can help!
When you bring your auto loan to Connexus from your current lender, we don’t just lower your interest rate and monthly payment. We also treat you to 90 days of no monthly car payments upon request3.
Check out the video to learn more about our quick and easy refinancing process or click below to get started today.
Auto Refinances earn a chance at $1,000!*
Ready to refi your auto loan to a lower rate? Choose Connexus for a chance to win $1,000! Refinance by September 30 for automatic entry in the $1K Giveaway.
Auto refinance perks
When you bring your auto loan to Connexus from another lender, you’ll walk away with much more than a lower monthly payment. In fact, we pull out all the stops to give you an experience so stellar, you’ll become a member for life. To that end, here are just a few of the exclusive perks you can take advantage of:
Up to 90 days no payments3
Nothing better than that new car smell … except for three months of no payments. Request it and it’s yours.
Refinancing as easy as 1, 2, 3, 4
We take refinancing back to basics. In just four simple, stress-free steps, we’ll help you lower your rate and payment.
Less nickel-and-diming, more savings
At Connexus, fees just aren’t our style. That means no annual fees, prepayment penalties, or funds due at closing.
Amped-up security for peace of mind
Safety first! Protect your vehicle and financial well-being with Debt Protection, GAP Protection, and our Warranty Program.
Lowest available rates
(Cars, Trucks, SUVs, Motorcycles)
| Model Year | Term | APR1 As Low As | Monthly Payment |
|---|---|---|---|
| 2022 or newer | 24 months | 5.99% | $44.32 |
| 36 months | 6.69% | $30.74 | |
| 48 months | 6.94% | $23.92 | |
| 60 months | 7.14% | $19.87 | |
| 72 months | 7.44% | $17.26 | |
| 84 months | 8.24% | $15.71 | |
| 2021 and older2 | 24 months | 6.74% | $44.65 |
| 36 months | 6.99% | $30.87 | |
| 48 months | 7.24% | $24.06 | |
| 60 months | 7.49% | $20.03 | |
| 72 months | 7.74% | $17.41 | |
| 84 months | 8.49% | $15.83 | |
| Accurate as of 04/07/2025 | |||
Calculators
- Does it pay to refinance? Use our calculator to see what you may save by refinancing your car loan.
- What’s my debt-to-income ratio? DTI is a factor when you apply for a new loan. Learn yours now.
The refinancing process
Apply for refinancing in minutes by entering current loan and payment details
Receive decision on your refinance in 1-4 business days4
After approval, enjoy 90 days of no monthly car payments upon request3
Save money with your new interest rate and lower monthly payments
Learn more about refinancing
3 Mythss of Refinancing Your Car Loan
If you’re thinking about refinancing your car loan, but you’re unsure, we might be able to clear up some of the common myths.
5 Signs it’s Time to Refinance Your Auto Loan
Life changes, and so do financial situations. Here’s how to know when those changes mean it’s time to refinance your auto loan.
FAQs: You Asked. We Answered.
Auto Loans: Refinance
Is the refinancing process difficult or time-consuming?
We make refinancing as quick and easy as possible! In just four simple, stress-free steps, we’ll help you lower your rate and payment. Here’s how it works:
- Apply online in minutes or by calling 800.845.5025 by entering your current loan and payment details
- Get approved to refinance your loan in 1-4 business days4
- After approval, enjoy 90 days of no monthly car payments upon request3
- Save money with your new interest rate and lower monthly payments thereafter
Will I be charged any fees to refinance?
Why should I refinance my existing car loan?
You might refinance to get a lower interest rate or lower your monthly payment by extending your repayment term. Call 800.845.5025 or try our Auto Loan calculator to figure out how much you could save.
Can I pay off my loan quicker than the payment schedule?
Disclosures
See our Fee Schedule for a list of fees you may encounter.
*Any new or existing member who applies for an Auto, Recreational, or Personal Loan from Monday, July 1, 2024, at 12:01 AM CT until Monday, September 30, 2024, at 11:59 PM CT and funds the loan by Thursday, October 31, 2024, by 11:59 PM CT will be automatically entered into Connexus Credit Union’s $1K Giveaway. Limited to one entry per funded loan. One winner will be randomly selected from eligible entries. Personal line-of-credit (Flex and FlexPlus) excluded. NO PURCHASE NECESSARY TO ENTER. SEE ALTERNATIVE ENTRY FORM METHOD FOR DETAILS.
Please see the Official Rules for complete details.
- APR = Annual Percentage Rate. All rates accurate as of 04/07/2025 and are subject to change. Rates include a 1% discount when registered for Digital Banking and subscribed to eStatements, and a 1% discount for auto-paying electronically. Loan term must be at least 24 months. Minimum loan amount is $10,000. Payments calculated on a loan amount of $15,000. Individual rates and terms may vary and include all eligible discounts. Certain restrictions apply. Offer does not apply to loans currently financed at Connexus Credit Union. Offer subject to change or termination.
- To be eligible for the lowest available rate, term length restrictions apply. Model years 2019-2021 have a maximum term of 84 months. Model years 2017-2021 have a maximum term of 72 months. Model years 2016 and older have a maximum term length of 60 months.
- Make no auto loan payments for up to 90 days upon request. Offer does not apply to auto loans currently financed at Connexus Credit Union. Deferred payments must be requested at the time of application, may not exceed 90 days, and are subject to credit approval. Interest begins accruing upon disbursal of loan. Some restrictions may apply.
- Processing and approval typically is complete in one to four business days, but contingent on member’s timely submittal of all required paperwork. Delayed submittals may add time to the approval process.