Take control of your car payments through Caribou (2024)

What is Caribou?

Caribou is an auto refinance marketplace. We shop and compare on your behalf, using technology to make auto refinancing more user-friendly. We offer competitive terms from a network of highly trusted lenders from across the U.S. to ensure we can bring you competitive rates. We are committed to putting the interests of our customers above all else, offering additional products that save them money and protect the value of their vehicles.

How does refinancing my car work?

Refinancing a car loan is similar to refinancing a home loan. The refinance process allows for consumers to replace an existing auto loan by negotiating a new loan, typically with a new lender. The new loan allows the consumer to potentially negotiate a better rate, lengthen the repayment term, and remove or add products like vehicle service contracts.

Can I refinance my car right after I bought it?

Yes, you can usually refinance your car at any time after purchasing it from a dealer. Keep in mind car dealerships often add services and incentives which may end when you refinance the car. This applies to finance-related things like cash back programs, lessee deals, dealership cash offers, rewards programs, and other related things. This does not apply to things like GAP insurance, manufacturer's vehicle warranties, and dealership service contracts.

Can I pre-qualify to refinance my car?

Yes, it is possible to be pre-qualified for auto refinancing. To check your rates through Caribou, you’ll fill out a short application that provides us with general information about you, your current auto loan, and your vehicle. Then our technology gets to work, searching for competitive refi loan options for you in minutes. If you qualify, you’ll see offers from our lenders with no obligation, no impact to your credit score,+ and no SSN required.++

Are there any fees involved with my refi?

Caribou provides services to the lender to help close your loan, such as processing documents and retitling your vehicle. Caribou charges the lender a $499 processing fee solely to cover the costs of these services. Your lender may include the $499 processing fee or other fees in your refinanced loan amount and in the APR that your lender will disclose to you.

Interestrate is toohigh

Loan term
is too long

My credit score has improved

Mileage is
under 120k

Get Started

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Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

"Easy transition to lower my payment and interest rate. Also turned out the credit union was local to me. Iveth was great to work with.”

Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

“Such an easy and fast process. Daniel was so helpful and quick to reply. My only regret is not doing this earlier.”

Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

“Quick decision, funding, and representative response. I've refinanced a few vehicles in my lifetime, and Caribou made it super easy.”

Join 75,000+ happy drivers with more cash in their wallets

4.5 star average customer reviews onTrustpilot

Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

"Easy transition to lower my payment and interest rate. Also turned out the credit union was local to me. Iveth was great to work with.”

4.5 star average customer reviews onTrustpilot

Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

“Such an easy and fast process. Daniel was so helpful and quick to reply. My only regret is not doing this earlier.”

4.5 star average customer reviews onTrustpilot

Great rates

Get access to the lowest rates possible, saving you thousands over the life of your loan or policy.

“Quick decision, funding, and representative response. I've refinanced a few vehicles in my lifetime, and Caribou made it super easy.”

1.877.821.1517