Reviewed by Shannon Martin, Licensed Insurance Agent.
“You usually have three days to take the vehicle back to the dealer. If you’re still in this window, you should be able to show them that you found a different interest rate that you’re going to take.
If they balk at it, you can always refinance. Unless your loan with the dealer explicitly states you can’t refinance within a certain time frame, you can technically refinance whenever you want. It might be a hassle, but saving $1,000 or more should be worth your time.”
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