Auto Refinancing in Ontario, CA

Learn about refinancing your car in Ontario, CA including how to qualify, the steps you need to take to complete the refinance process, aligning financial goals, and refi FAQs.*

Have an auto loan on your Car, Truck, or SUV?

Check refinancing options and see if you can pre qualify with lenders. You may be able to save money on your auto loan.

Home » Auto Refinance Cities » Ontario, California Auto Refinancing

The products and offers that appear on the website are from respective partners, companies, and third-party advertisers from which we receive compensation. This compensation may impact how and where products appear on this site including the order in which they appear. This site does not include all financial products or companies or all available product offers. Learn more about our partners and how we make money.

Automobile Refinancing in Ontario

Are you trying to refinance your SUV, truck, or car in your city? We work with vehicle loan providers all around the United States including in your city and can help you discover a car refinance offer near you.

We’re proud to deal with truck, SUV, and car owners who call Ontario, CA home and focus on offering vehicle refinance info for brand-new and pre-owned vehicle owners in San Bernardino county. Whether you live in Ontario, around the area, near a neighboring city or town, in an unincorporated area, or in another place in San Bernardino county, consult our lending partners to see if refinancing your car or truck will help your financial scenario.

See California Auto Lenders
Find Auto Refinancing in Ontario, California

The Ontario Auto Refi Process

The auto refinancing procedure in your city can be pretty uncomplicated. You also have to fulfill particular criteria for both your motor vehicle and yourself prior to when you can complete your freshly refinanced auto loan.

Vehicle Refinance Qualification

Your automobile in Ontario needs to qualify for the refinancing loan company’s terms. These terms can vary by lender and normally involve automobiles which are physically located in Ontario, newer than 10 years old with clean titles, have lower than 100k mileage, and have a favorable loan-to-value (LTV) ratio. Get in touch with specific lending institutions servicing Ontario for more information.

Personal Refi Qualification

Along with your car qualification, you also have to qualify for refinancing by supplying your personal info and details when refinancing in your city. Lenders need to know your address in Ontario, where you work, what amount of money you make, your credit history, info about other financial obligation you may have, and other associated details. They use this information for things like completing a hazard evaluation regarding how likely you are to pay back the refinanced vehicle loan.

Calculation Disclaimer

The calculator is an estimation tool only and the estimates are provided as is without warranties or guarantees. Savings are not guaranteed. Keep in mind the new lender may have application fees, rate adjustments, underwriting processes, and other related details that the calculator’s estimate will not take into account. Check with your loan officer, qualified financial representative, or other professional if you have specific refinance questions about APR, loan details, associated fees, contract, or terms and conditions. We do not warrant that the calculator is error-free or will be available at all times or operate without interruption.

Calculation Disclaimer

Ontario Auto Loan Refinance Calculator

Find an Auto Refi Lender in Ontario, California**

Advertiser Disclosure

The products and offers that appear on the website are from respective partners, companies, and third-party advertisers from which we receive compensation. This compensation may impact how and where products appear on this site including the order in which they appear. The content of reviews is not influenced by compensation. This site does not include all financial products or companies or all available product offers. Learn more about our partners and how we make money.

Advertiser Disclosure
LenderNameInterest Rate*Credit Score*Apply

Caribou Auto Refinance Logo

Caribou - See Review

2.83%650 & UpApply Now

Auto Approve Auto Refinance Lender Logo

Auto Approve - See Review

2.25%580 & UpApply Now

RefiJet Auto Refinance Lender Logo

RefiJet - See Review2.49%500 & UpApply Now

RateGenius Auto Refinance Lender Logo

RateGenius - See Review2.99%500 & UpApply Now

AUTOPAY Auto Refinance Lender Logo

AUTOPAY - See Review2.99%560 & UpApply Now

Credit Report Qualification

Your credit score plays a part in your ability to refinance your car or truck. Your rating is a measure of your capability to pay back your debt. It is a number which can vary as low as 300 to as high as 850. A very good credit rating is typically deemed over about 650ish. You can similarly have industry-specific credit ratings which are unique from your general credit score.

The specific credit score you need to have for an auto loan varies by lender. They take into account many things when determining your loan suitability including both the industry-specific score, general score, possessions, debt, earnings, and other information. To get the most favorable motor vehicle loan interest rate, you might want to keep your credit report as high as possible and possibly use a co-borrower.

Here are some credit rating examples you can use to generally get an idea based on your car ownership scenario. For example, lending institutions may need a credit score of 700 or higher if you are searching for a loan on a new car or truck. A credit rating of over 600 may be enough if you are financing or refinancing a pre-owned or secondhand vehicle. If your rating qualifies, talking to loan providers or beginning the application process are ways to actually see.

About Credit Score Brackets in California

Credit RatingPoints
Excellent780 to 850
Very Good720 to 779
Good680 to 719
Average580 to 679
Poor300 to 579
Credit rating brackets and point ranges come from various credit reporting sources including Experian, TransUnion and Equifax, but are not endorsed or certified by them.

The credit score brackets like the examples shown above can be lending institution specific. Experian provides guidance on keynote auto financing and credit trends within the U.S. automotive finance market as part of their quarterly State of the Automotive Finance Market presentation. The following credit score brackets were outlined for the 2021 Q3 automotive credit vertical and lending channels.

Credit Score CategoryPoint Range
Super Prime781 to 850
Prime661 to 780
Nonprime601 to 660
Subprime501 to 600
Deep Subprime300 to 500
These credit rating categories and point ranges come from the Experian State of the Automotive Finance Market, but are not endorsed or certified by them.

About Credit History

Credit history is a very large subject. There is too much info to cover here, but we can cover some of the basic ideas. Your credit history is a record of your liabilities and financial debts along with measuring your capability to repay them. Lenders run reports with credit bureaus to measure the uncertainty of lending you cash. The lower your credit rating, the greater the default hazard to lenders.

TransUnion, Experian, and Equifax are the three primary credit reporting bureaus. These bureaus record and track your credit information. While the credit-related details are rather the same, your credit rating might vary by bureau. Lenders run credit checks called pulls through these bureaus to check your history during the loan application process.

Hard credit pulls and soft credit pulls are the two kinds of credit checks. Soft pulls do not affect your credit score. They are performed during early loan application phases like pre-qualification. Hard pulls do impact your credit score. These pulls are done later in the application process during the loan approval and finalization. This indicates you are actively looking for a new line of credit and, therefore, the hard credit check will affect your credit score. Check out some of our other credit associated resources to discover more.

Vehicle Refi Steps in Ontario, CA

There are several specific steps you can follow to start the car refinance process in Ontario. You can most likely refinance your car loan by owning a car, truck, SUV, or other qualifying vehicle in Ontario, having a loan on that vehicle, matching lender requirements, and providing your loan and individual information. While these things are the basics, there may be additional steps as well. Check out the additional steps listed below:

  1. Own a motor vehicle in the area of Ontario.
  2. Have a car loan on your vehicle
  3. Meet suitable vehicle-related criteria like a current production year and good car value
  4. Meet individual qualifying criteria such as your credit score and annual salary
  5. Look for vehicle refinancing with a new lending institution near Ontario, CA**
  6. When approved, they can help you get a new loan that includes a different APR and repayment term
  7. Complete the car refi process for the replacement loan provider to take control of your old loan
  8. Make payments to your updated vehicle loan financial institution
  9. Your refinanced auto loan is complete!

Top-Selling Vehicles in California

Ford F-150 best selling truck in Ontario, CA

Did you know the best selling vehicles in California are Ford F-Series trucks? This makes them very popular in the area of Ontario. These popular Ford trucks are the top-selling and most financed vehicles. Do you have a Ford F-Series yourself? Do you also have a truck loan on it? Are you pleased with your monthly truck payments and APR? Discover Ford auto refinancing options in Ontario.

New Car Buyer Financing In Ontario

Is it your very first time purchasing a motor vehicle in your area? That is fantastic news! You might have paid for your new vehicle through the car dealership, financial services department, bank, or local credit union. Be sure you are maximizing any finance offerings at the time of your purchase. These can vary by the car dealer and can consist of 0% interest car loans, 0% down, cash back offers, staff deals, and more.

In the future, you may possibly save money by refinancing your vehicle and save money or pay your automobile loan off earlier by adjusting the payment term and rate of interest. This depends on your monetary objectives and refinance alternatives presented by lending institutions.

Lowering the interest rate can possibly save you money on your month-to-month payments if your goal is to save money each month. On the other hand if your goal is to work towards consolidating debt, reducing your loan repayment term can increase your payments but help you to repay the loan much faster.

Ontario Auto Refinancing Rates and Trends in California

It’s never been a better time to refinance your car, truck, SUV, or other vehicle while residing in Ontario. Historical price patterns can enable you to make the most of increased equity in your car or truck and may well lead to more desirable car loan terms and APR and interest rates. Use our vehicle refinance calculator to see projected savings when comparing your existing automobile payment and expected new refinanced payment equivalents.

About Auto Refinancing Pre-Approval in Ontario

Automobile refinancing pre-approval serves to help you look for and see possible refi rates faster. The pre-approval approach means auto refinance providers might have finished credit-related checks like examining your credit report and personal info, identifying loan suitableness, and identifying who you are. This process usually involves a soft credit pull which does not affect your credit score. These soft pulls are compared to the hard pulls which are completed at the time of the final steps in the refinancing process.

Ready To Start The Refinance Process?

Start by thinking about your refinance goals, consider what you want to change about your auto loan, and connect with lenders.

Find My Rate

About Loan Repayment Assistance

There are very few avenues offered for car loan repayment help in Ontario. If you are having trouble settling your car loan or making monthly payments think about the following options:

  • Refinance the loan on your car or truck with the goal of saving money in mind
  • Sell off your present car and search for a more budget-friendly car or truck with an economical monthly payment

Ontario Car Refinancing and Financial Goals

Everybody typically has particular financial objectives for refinancing their vehicle. Your financial goals can be specific to planning for the future, retirement, and taking care of your family. They can involve saving for crucial things, qualifying to buy a home, and reducing debt.

  • Is your monthly automobile payment or rate of interest excessive?
  • Does it seem like you have high-interest debt holding you back?
  • Do you want to be debt free and repay your vehicle earlier?
  • Would saving more money help you pay the bills?
  • Are vehicle prices going up in Ontario leading to more automobile equity?

If you answered yes to any of the above thoughts or feel like you want to better align your personal financial goals, consider finding out more about refinancing your vehicle and reaching out to any of our auto refinance partners to learn more. You might manage to save money. Use resources like our auto refinance calculator, find out about the advantages of automobile refinancing, and possibly start saving $100s in savings on regular monthly payments.

Find California Serving Lenders for Refinancing**

Refinance your vehicle with our California serving partner lenders. Learn how you can save money on your car payments.

Find A Lender

Find Car Insurance as a California Driver

Learn about insurance coverage options as aCalifornia driver and vehicle owner. Bundling insurance may save money.

Find Auto Insurance

Love Your Car Like You Love Ontario, CA

Lots of people love where they live. If you are a fan of your locale, you understand this to be true. However, ask yourself the following things. Do you enjoy the motor vehicle you drive? If you have a vehicle loan in your city, are you dissatisfied with your vehicle payments and APR? Is your vehicle insurance plan coverage not sufficiently looking after your motor vehicle? If you answered yes to any of these questions, there may be things you can do and area serving refinance providers you can work with.

Learn About Refinancing

See Steps

California Interesting Driver and Car Facts

Do you ever speculate how many people live by Ontario or across the state of California? Do you ever think about how many licensed drivers there are on the highways in the area? The U.S. Census Bureau offers insight around these data points and other corresponding vehicle stats. We can use the reported census numbers to find answers. This information is tracked by Census Bureau Data for 2019-2020, but it is not endorsed or accredited by the Census Bureau. For example, there were 4,026,151 licensed drivers in the state of California. There were also 2,109,108 automobiles registered. Using the 4,903,185 population, we can calculate per capita ratios like 821.13 drivers and 430.15 registered motor vehicles per capita (1,000 people). In total, there are 1.91 registered drivers per automobile.

The State of California by The Numbers

Estimated Population: 4,903,185Registered Automobiles: 2,109,108
Automobiles Per Capita: 430.15Licensed Drivers: 4,026,151
Drivers Per Capita: 821.13Drivers Per Automobile: 1.91
Locale & Regional Stats
Locale City/Area: Ontario, CALocale Time Zone : America/Los_Angeles
Locale County: San BernardinoLocale FIPS: 06071
Locale Lat Long (Dec Deg): 34.0393, -117.6064Locale CSBA: Riverside-San Bernardino-Ontario, CA
Data comes from Census Bureau Data for 2019-2020, but is not endorsed or certified by the Census Bureau.
Auto Refinancing Near Ontario, CA

Ontario, California Car Refinancing FAQs

Looking for info about automobile refinancing in Ontario, California? Discover answers to frequently asked questions! It is very important to do your homework and be aware of how opting to refinance a car changes your life and finances. These FAQs can help you start to understand what is related to refinancing your car, SUV, or truck in Ontario, CA.

Can I refinance my car in Ontario, California?

Yes, you can refinance your truck, car, or SUV in Ontario if you coordinate with a loan provider who services your area.

Will refinancing my car or truck in Ontario save me money?

Potentially. The amount you might save while refinancing your car in Ontario depends on lots of variables involving having the ability to get approved for a lower rate of interest and terms, your credit rating, debts, motor vehicle details, where you live in Ontario and other factors.

Is auto refinancing pre-approval guaranteed if I have a great credit rating and live in Ontario, CA?

No, refinancing is not guaranteed when refinancing in Ontario even if you have great credit. You need to submit your personal information including your address, employer, and income in Ontario for refinancing pre-approval and check loan options with specific lenders.

What are ideal end goals to have when refinancing my automobile?

Your vehicle refinancing objectives usually depend on your scenario. They can be economically related like saving money on payments or getting out of financial liabilities. Your goals can also be personally specified like wishing to do what is optimal based on family vehicle needs. Refinancing your car can be situationally encouraged and include wanting to adjust your car loan details.

How do I know if refinancing my vehicle in Ontario will help me?

You normally need to begin the vehicle refinancing process to see related refinancing rates in Ontario. Until then, you can use tools like our automobile refinance calculator to calculate discounts or adjusted vehicle loan payment rates. Go to Auto Loan Refinance Calculator

Why are car payments in Ontario so expensive?

Car loan providers and financial institutions calculate vehicle payments based upon a number of variables including your credit history, available assets and resources, owed liabilities, motor vehicle location, and projected lending risk likelihood. Your physical location or residence address can also be taken into account. For example, you might be offered a range of refinance deals depending if you are dwelling in the city of Ontario compared to , , or .

What is required to make an application for a vehicle loan in Ontario?

To apply for an automobile loan in Ontario, you do not need to be a member of any particular bank, cooperative credit union, or other lending institution. You can quickly create the application. Remember you will be required to qualify to finish the vehicle loan application process.

What credit rating do I need to refinance my vehicle loan in Ontario?

You can often refinance your car loan if you have a credit score of 680 or higher. You might be able to find motor vehicle loan refinance options with a credit score in the low 600s or even 500s depending on your loan-to-value ratio. Increasing your vehicle equity can improve refinancing opportunities.

How do I refinance my auto loan in Ontario?

You can refinance your car loan by owning a truck, car, SUV, or other qualifying motor vehicle in Ontario, having a loan on that automobile, meeting lending institution requirements, and providing your loan and personal info. Refinancing your car, suv, or truck can be a great solution to bring down your car loan interest rate and the amount you pay towards regular monthly payments.

To finish the refinance process in Ontario, you will have to have state-issued documents like your valid driver’s license, an income verification document, automobile documents and pictures showing mileage and VIN number, and your existing car loan information. You’ll need to produce these things to the credit union during the loan application process.

The bank or cooperative credit union you select will review your personal and motor vehicle info, check your credit history, and let you know of the readily available new loan deals. You may get approved for a lower rate of interest. If you have any concerns, you can usually speak to your loan officer or business representative to see if you can reduce your monthly motor vehicle payment.

Ready To Start The Refinance Process?

Start by connecting with lenders in California.**

Find My Rate