Refinance Your Auto Loan
Leave your high monthly payments in the rear view It’s your Advantage
Rev Up Your Savings & Refinance Your Auto Loan with 1st Advantage Today
With our competitive rates, flexible terms, and low monthly payments, there’s never been a better time to refinance.
It’s Time To Upgrade Your Auto Loan
Are you looking to save money on your car payments? Refinancing your auto loan with us can help you lower your monthly payments, reduce your interest rate, and even get cash back.
No Application Fee
With no application fee, you can apply for auto refinancing without worrying about upfront costs.
100% Financing
Get 100% financing for your vehicle, so you don’t have to worry about making a downpayment.
No Payment for 90 Days*
With no payment for the first 90 days*, you can enjoy a break from car payments as you get back on your feet financially.
Pre-Approval in Minutes
Get pre-approved for auto refinancing in just a few minutes, saving you time and effort.
Exceptionally Low Rates
Enjoy exceptionally low rates on your auto loan, helping you save money and pay off our loan faster.
Start Saving with Exceptional Rates
Whether you’re looking to lower your monthly payments or pay off your loan faster, we’re here to help you get the best possible deal on your auto loan.
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Term (Months) |
Annual Percentage Rate (APR)* |
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*APR = Annual Percentage Rate. Current APR as of 4/4/2025. Other terms available. Minimum financed amount required. Minimum monthly payment required. Rate based on creditworthiness and term of loan. Rates are subject to change at any time and are not guaranteed. Listed Auto Loan rates include .25% discount with autopay setup and .50% discount for refinancing. Regardless of available discounts, 4.84% is the minimum APR offered. Mileage and the condition of the collateral will be considered. Certain restrictions apply. ^APR = Annual Percentage Rate. Current APR as of 4/4/2025. Rates and terms based on credit criteria. Credit restrictions apply. Rates as low as 4.75% APR for up to 75 months assumes excellent credit. Minimum credit score of 640 required to qualify for promotion. Vehicle must be a 2022 or newer. Existing 1st Advantage loans are not eligible for refinance. Not valid with any other offer. Maximum interest rate is 17.95%. The minimum refinance loan amount is $5,000. Review your existing loans carefully to borrow the exact amount you need. Fixed-Rate Loans: The interest rate charged, and the annual percentage rate are constant for the life of the loan. 1st Advantage reserves the right to cancel this promotion at any time. Contact 1st Advantage for details. ^^APR = Annual Percentage Rate. Current APR as of 4/4/2025. Rates and terms based on credit criteria. Credit restrictions apply. Rates as low as 5.24% APR for up to 60 months assumes excellent credit. Minimum credit score of 640 required to qualify for promotion. Vehicle must be a model year 2019-2021. Existing 1st Advantage loans are not eligible for refinance. Not valid with any other offer. Maximum interest rate is 17.95%. The minimum refinance loan amount is $5,000. Review your existing loans carefully to borrow the exact amount you need. Fixed-Rate Loans: The interest rate charged, and the annual percentage rate are constant for the life of the loan. 1st Advantage reserves the right to cancel this promotion at any time. Contact 1st Advantage for details.
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Term (Months) Up to 48 months |
Annual Percentage Rate (APR)* 4.84% |
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Term (Months) Up to 60 months |
Annual Percentage Rate (APR)* 4.94% |
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Term (Months) Up to 60 months^^ Vehicle model years 2019-2021 Limited time offer |
Annual Percentage Rate (APR)* 5.24% |
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Term (Months) Up to 66 months |
Annual Percentage Rate (APR)* 5.30% |
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Term (Months) Up to 75 months^ Vehicle model years 2022 or newer Limited time offer |
Annual Percentage Rate (APR)* 4.75% |
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Term (Months) Up to 84 months |
Annual Percentage Rate (APR)* 6.24% |
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Term (Months) Up to 96 months |
Annual Percentage Rate (APR)* 9.74% |
Why Refinance Your Current Auto Loan?
With our hassle-free refinancing process, you can get pre-approved in minutes and enjoy exceptional customer service from our team of financial experts.
Save Money Each Month
Interest rates might have fallen since you got your initial loan, or you could have improved your financial situation. Either way, refinancing might give you access to a lower interest rate so you’ll enjoy a lower monthly payments and more money to spend in your budget.
Pay Off Your Loan Faster
Refinancing your auto loan allows you to change your initial loan terms. Some members choose to shorten their loans so they can pay their cars off much faster. Others choose to extend the length of their loan to better meet other financial obligations. The option is yours.
Pay Less in Interest
If you refinance your auto loan at a lower interest rate, you’ll pay less interest over the life of the loan. For many members, that savings translates into thousands of dollars.
Estimate Your Monthly Savings
Enter the details from your original loan, the amount you wish to refinance, and new desired term to estimate your monthly payment and interest rate.
Calculated payments shown are for estimation purposes only. Actual loan payment amount will be disclosed at loan closing and may differ slightly.
Get Answers to Your Questions
Yes! You can save hundreds or thousands of dollars refinancing with us. Simply apply for a new auto loan refinance through our application portal, or visit a local branch to speak with a loan officer in person.
You can make a secure online loan payment with any debit card or bank account through our Online Banking system. You can set up a Payroll deduction or call 800-359-7650 or 757-877-2444 for Pay by Phone services. You can visit any of our 13 full-service branches or one of the 5,000 Co-Op Shared Branch locations throughout the Hampton Roads area. And finally, you can mail a check to 1st Advantage: P.O. Box 2116, Newport News, VA 23609.
Yes! Our Skip A Payment* program makes it easy to find extra cash for whatever you choose! With our convenient online form, you can request to defer one of your monthly loan payments when you need to, from wherever you are.
Details:
- Loan must be open for at least 11 months and member must have made 9 consecutive payments on the loan.
- All credit union accounts must be in good standing.
- A $30 fee will be deducted from your savings or checking account per loan, per occurrence. If the funds are unavailable, the request will be unable to process.
Click here for the Skip A Payment Application.
Click here for the Skip A Payment with Co-Borrower Application.
*Fixed term Signature, Secured, and Vehicle loans qualify for Skip A Payment program. Credit Card, Signature Lines of Credit, Mortgage, Business, and CashPlease loans are not eligible for program. Charges and other restrictions may apply. Loan must be open for at least 11 months and member must have made 9 consecutive payments on the loan. Member must be current on loan, all credit union accounts, and in good standing to qualify. One skipped payment may be used on a qualified loan in a rolling 10-month period. There is a $30 application fee per loan, per occurrence. All requests to defer a payment must be approved. Interest will continue to accrue during the deferral period. This will extend the original term and increase the amount of finance charges. If there is a Co-Borrower/Guarantor on the loan, all parties must sign to be eligible for this program. Please complete and submit the Skip a Pay application 7 days in advance of the requested loan due date. 1st Advantage will make a donation of up to $12,000 to An Achievable Dream. Donations will apply from October 1 – December 15, 2024. Contact us for additional details.
Not finding what you’re looking for? See all our FAQs or Contact Us.
Explore Auto Loan Resources
We’re here to guide you through the process from start to finish.
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Ready to Refinance Your Auto Loan?
Start exploring your refinancing options with us today and start saving!