Once you sign a car loan.. can you switch to a different bank if their interest rate is lower?

if anyone has any experience, I would appreciate it.

Once you sign a car loan.. can you switch to a different bank if their interest rate is lower?

Nope, you can't do it, at least not that easily. If your first bank doesn't have an early payment penalty, you could get a loan from the 2nd bank and pay off your loan at the 1st bank.

But, first, find out just how much difference it'll make in your monthly payments. It might not be worth the trouble. Here's a calculator you can use:

http://www.autoloancalculatoronline.com

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Once you sign a car loan.. can you switch to a different bank if their interest rate is lower?

read your contract. does it have an early pay-off clause?

Once you sign a car loan.. can you switch to a different bank if their interest rate is lower?

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