Can I refinance my auto loan and use it to make a purchase?

I have a Capital One auto loan, I’ve paid on time and more than minimum for 19 months now. I’ve heard of the concept of re-financing a current loan and adding to it to purchase another vehicle–probably not ideal financially but maybe good for me. Does anyone have experience with this?


There Is 1 Response So Far. »

  1. Vote -1 Vote +1Tina Bussler on 3 November 2010:

    Absolutely you can, you will find that getting deeper into debt is never a problem. Finance companies love your money. If you want to find the lowest auto loan quote, try this site

    http://Best-Auto-Loan-USA.com

    Here you can get quotes from all auto loan companies in your area, its the best way to find an affordable auto loan with a reliable company.


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