Originally Posted by SAL-23
You should still shop for a credit union to try to refinance it. You can knock about 2% off your rate and you can usually keep it as a new vehicle within a few months after purchase if they happen to offer lower rates on new. The lowest are around 1.5% but every institution has different terms and stipulations so you have to find the best that fits you (i.e. length of term can be determined by different factors like amount, vehicle year, value, etc). That's the cheapest money you can get and at these rates it makes more sense to finance as much as you can afford for the longest time possible since the interest paid is a pitifully low amount.
I like your thinking sir. Ill search around, I'm gonna check out my bank as well. I'm at 3.5 now, I won't bother unless I can hit like a 2.5 or lower.