You could get a better rate. You could lower your monthly payment and possibly save money over the life of the loan. Award winning customer service. Ability to manage your account online 24/7.
With up2drive, we have made it simple to refinance your existing vehicle loan.
The vehicle you are refinancing must meet these REFINANCE Vehicle Eligibility Conditions.
- Loan-to-Value not greater than 110% of Kelley Blue Book (KBB) Retail value. Multiply the KBB Retail value by 1.10 (or 110%). The value of your vehicle cannot exceed this value.
- Mileage: cannot exceed 75,000 miles.
- Vehicle Age: If the requested refinance term is less than or equal to 60 months, vehicle must be no older than 6 years. If the requested refinance term is greater than 60 months, vehicle must be no older than 4 years.
Other restrictions:
Vehicle must have a current loan with a financial institution.
- No cash-out refinances. The vehicle you wish to refinance must have an existing loan with another financial institution.
- No refinancing of auto leases or end-of-term leases.
- You may only refinance one vehicle with the Drive Check.
- No vehicles manufactured by Suzuki, recreational vehicles, ATV’s, jet skis, boats, mobile homes, motor homes, camper vans, trailers, conversion vans, commercial vehicles, business vehicles, leased vehicles, amphibious vehicles, armored vehicles, motorcycles, limousines, taxis, tow trucks, tractors, dump trucks, freight liners, farm equipment, kit cars, show cars, branded/junk/salvage/rebuilt title vehicles, grey market vehicles, lemon law vehicles, converted engine vehicles, three-wheeled vehicles, vehicles that do not have a Vehicle Identification Number (VIN) or title issued, repossessed vehicles, vehicles sold through through brokers/auction houses, vehicles sold through independent dealers (non-franchised), vehicles sold to members of the same family/same address and vehicles being sold by a business.
- No powers-of-attorney on vehicle refinance.
Your state may impose a title transfer/administrative fee to handle transfer of lienholder/name. This fee varies by state. This state-imposed fee will be added to your loan amount once your account is established. Visit www.dmv.org to learn more.
Before applying, you should obtain a written payoff quote (usually 10 or 15 day payoff quote) from your existing lender in order to determine how much you owe on your current vehicle loan. You may want to request an additional $100 to cover any extra interest that may accumulate between the time you request the payoff quote and the time the Drive Check is accepted/deposited by your current lender.
up2drive refinances vehicles for personal use only. Vehicles must be currently financed with another financial institution and have an outstanding loan.
The vehicle you are refinancing must meet these Vehicle Eligibility Conditions.
- Loan-to-Value not greater than 110% of Kelley Blue Book (KBB) Retail value. Multiply the KBB Retail value by 1.10 (or 110%). The value of your vehicle cannot exceed this value.
- Mileage: cannot exceed 75,000 miles.
- Vehicle Age: If the requested refinance term is less than or equal to 60 months, vehicle must be no older than 6years. If the requested refinance term is greater than 60 months, vehicle must be no older than 4 years.
Other restrictions:
- No cash-out refinances. The vehicle you wish to refinance must have an existing loan with another financial institution.
- No refinancing of auto leases or end-of-term leases.
- You may only refinance one vehicle with the drive check.
- No vehicles manufactured by Suzuki, recreational vehicles, ATV’s, jet skis, boats, mobile homes, motor homes, camper vans, trailers, conversion vans, commercial vehicles, business vehicles, leased vehicles, amphibious vehicles, armored vehicles, motorcycles, limousines, taxis, tow trucks, tractors, dump trucks, freight liners, farm equipment, kit cars, show cars, branded/junk/salvage/rebuilt title vehicles, grey market vehicles, lemon law vehicles, converted engine vehicles, three-wheeled vehicles, vehicles that do not have a Vehicle Identification Number (VIN) or title issued, repossessed vehicles, vehicles sold through through brokers/auction houses, vehicles sold through independent dealers (non-franchised), vehicles sold to members of the same family/same address and vehicles being sold by a business.
- No powers-of-attorney on vehicle refinance.
No. Up2drive does not charge any fees to refinance your current vehicle loan.
Please note:
You will be responsible for the one-time fee charged by your respective state. This fee is imposed by your state to update/change state title records and/or lienholder information. This fee will be added to your loan amount.
Refinancing your current vehicle loan through up2drive is fast and simple. We provide you with easy to follow step-by-step instructions and award winning customer service to help you through this simple process.
Overview of the steps required:
- Obtain a written payoff quote (10- 15 day quote) from your current lfinancial institution.
- Apply for a refinance loan at www.up2drive.com.
- If approved, receive the Drive Check and loan package.
- Follow the step-by-step instructions in the loan package.
- Send the completed Drive Check and other required forms (included in loan package) to your current lender.
- Once funded, manage your up2drive loan online.