West Virginia Auto Refinancing

Learn about refinancing your car in West Virginia including how to qualify, the steps you need to take to complete the refinance process, aligning financial goals, and West Virginia 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 States » West Virginia 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.

Auto Refinancing in West Virginia

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

We’re proud to deal with SUV, car, and truck owners who call West Virginia home and concentrate on offering vehicle refinance information for new and secondhand motor vehicle owners all over the state. Whether you stay in Huntington, around Charleston, close-by Wheeling, or in another town in West Virginia, consult our lending partners to see if refinancing your automobile will pay back into your monetary circumstance.

Find Auto Refinancing in Wheeling, West Virginia

The West Virginia Auto Refi Process

The auto refinancing procedure in your state can be rather straightforward. You also have to meet several qualifying criteria for both your car or truck and yourself before you can complete your freshly refinanced auto loan.

Car Refinance Qualification

Your automobile in West Virginia has to qualify for the refinancing lending institution’s terms. These terms can differ by lending institution and usually involve vehicles which are physically located in West Virginia, newer than 10 years old with clean titles, have less than 100k mileage, and have a positive loan-to-value (LTV) ratio. Check with specific loan providers servicing West Virginia to find out more.

Personal Refi Qualification

Along with your vehicle qualification, you also have to qualify for refinancing by providing personal information and details when refinancing in your state. Lenders have to have your home address in West Virginia, where you work, what amount of money you make, your credit score, information about other financial obligation you may have, and other associated details. They record this information for things like finishing a risk analysis regarding how likely you are to repay the refinanced automobile loan.

Calculation Disclaimer

West Virginia Auto Loan Refinance Calculator

Find an Auto Refi Lender in West Virginia**

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 Score Qualification

Your credit rating plays a part in your ability to refinance your vehicle. This score is measured within a range between 300 and 850. Most lending institutions require a certain score before you can be approved for a loan. You can also have industry-specific credit scores which are different from your general credit score.

The specific credit score you need to have for an automobile loan varies by lending institution. They consider many things when identifying your loan suitability including both the industry-specific rating, overall score, properties, liabilities, income, and other information. To get the most desirable vehicle loan interest rate, you may wish to keep your credit rating as high as possible and potentially choose a co-borrower.

Lenders might require a credit score of 700 or greater if you are looking for a loan on a new car or truck. If you are financing or refinancing a pre-owned or secondhand car, a credit score of over 600 might be enough.

About Credit Score Brackets in West Virginia

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.

Credit ranting numbers like the ones shown above can be lender specific. However, Experian also provides information on overall financing and origination trends as part of their quarterly State of the Automotive Finance Market presentation. The following categories were presented 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 topic. There is far too much information to cover here, however we can cover some of the fundamentals. Your credit history is a record of your liabilities and financial obligations in addition to determining your capability to repay them. Lenders check with credit bureaus to measure the uncertainty of loaning you money. The lower your credit score, the higher the financial danger to lenders.

TransUnion, Equifax, and Experian are the three notable credit reporting bureaus. These bureaus record and track your credit details. While the credit-related info is reasonably identical, your credit score might differ by bureau. Lenders run inquiries called pulls through these bureaus against your history during the loan application process.

Soft credit checks and hard credit checks are the two types of credit inquiries. Soft pulls do not affect your credit rating. They are done during initial loan application steps like pre-qualification. Hard pulls do influence your credit score. These pulls are performed later in the loan application process during the loan approval and finalization. This implies you are actively looking for a brand-new line of credit and, therefore, the hard credit inquiry will impact your credit score. Check out some of our other credit associated resources to discover more.

Vehicle Refinance Steps in West Virginia

There are certain steps you can follow to refinance your vehicle in West Virginia. You can check to see if you can refinance your car loan by owning a truck, car, SUV, or other qualifying automobile in West Virginia, having a loan on that car, matching lending institution requirements, and providing your loan and individual information. While these things are the basics of what is needed for refinancing, there may be lender-specific steps as well. Check out the additional things listed below:

  1. Own a vehicle in West Virginia.
  2. Have an automobile loan on your motor vehicle
  3. Meet suitable vehicle-related requirements like a recent year of manufacture and great vehicle worth
  4. Meet personal qualifying criteria that include your credit history and earnings
  5. Apply for automobile refinancing with a new lending institution in West Virginia
  6. Once your information checks out, they can help you get a replacement loan that includes a new annual percentage rate (APR) and repayment term
  7. Complete the vehicle refi process for the different lending institution to take over your old loan
  8. Make auto payments to your new vehicle loan lender
  9. That is all – your auto loan is refinanced!

Best-Selling Vehicles in West Virginia


Ford F-Series F-150 best selling truck in West Virginia

Did you know the best selling vehicles in West Virginia are Ford F-Series trucks? These popular Ford trucks are the top-selling and most financed. Do you have a Ford F-Series yourself? Do you also have a truck loan on it? Are you ok with your monthly truck payments and APR? Learn about Ford refinancing opportunities in West Virginia.

First Time Car Buyer Financing In West Virginia

Is it your first time buying a car or truck in your state? That is fantastic news! You may have funded your new vehicle through the dealer, financial services department, bank, or nearby lending institution. Make sure you are maximizing any financing offerings at the time of purchase. These vary by the car dealer and can include 0% interest car loans, bad credit no money down loans, cash back benefits, employee rates, and more.

Later after you have owned the automobile for a while, you may be able to save money by refinancing your motor vehicle and save money or pay your auto loan off quicker by changing the payment term and rate of interest. This depends on your personal financial goals and refinance choices presented by lenders.

If your goal is to start saving money every month, lowering the interest rate can sometimes help you save money on your regular monthly payments. On the other hand if your goal is to work towards being out of debt, shortening your loan payment term can increase your payments in the near term however permit you to pay off the loan much faster.

West Virginia Auto Refinancing Rates and Trends

It’s never been a better time to refinance your car, truck, SUV, or other vehicle while living in West Virginia. Historic price patterns can help you to make use of increased equity in your vehicle and can cause better car loan terms and rate of interest or APR. Use our auto refinance calculator to see predicted cost savings when comparing your current automobile payment and expected replacement refinanced payment equivalents.

About Auto Refinancing Pre-Approval in West Virginia

Vehicle refinancing pre-approval serves to help you pick and see possible refi rates more efficiently. The pre-approval system implies auto refi providers probably have accomplished credit-related checks like examining your credit report and personal information, figuring out loan viability, and identifying who you are. This step normally involves a soft credit pull which doesn’t influence your credit rating. These soft pulls are compared to the hard pulls which are undertaken in the course of the final steps in the refinancing procedure.

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.

About Loan Repayment Assistance

There are few avenues provided for automobile loan repayment support in West Virginia. If you are having difficulty settling your automobile loan or making monthly payments consider the following options:

  • Refinance the loan on your automobile with the intention of saving money in mind
  • Sell your current vehicle and choose a more budget-friendly motor vehicle with a less expensive monthly payment

West Virginia Car Refinancing and Financial Goals

Everyone generally has particular financial objectives for refinancing their automobile. Your financial goals are usually related to your financial planning, retirement, and taking care of your kids and family. They can involve saving for crucial things, pre-qualing to purchase a home, and becoming debt free.

  • Is your monthly vehicle payment or APR or interest rate too high?
  • Does it seem like you have high-interest liabilities holding you back?
  • Do you wish to be debt free and pay off your automobile quicker?
  • Would saving more money allow you to pay the bills?
  • Are automobile values increasing in West Virginia leading to more car equity?

If you responded yes to any of the above questions or think that you want to better align your personal financial goals, think about learning more about refinancing your vehicle and connecting with any of our lending partners to get more information. You may be able to save money. Use resources like our auto refinance calculator, learn about the benefits of automobile refinancing, and possibly save $100s by reducing your monthly payments.

Find West Virginia Serving Lenders for Refinancing**

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

Find Car Insurance as a West Virginia Driver

Learn about insurance coverage options as a West Virginia driver and vehicle owner. Bundling insurance may save money.

West Virginia State Capital Building in Charleston, WV

Love Your Car Like You Love West Virginia

Do you love where you live? If you love your state, ask yourself the following question. Do you love your vehicle loan as much as where you live? Are you content with your loan’s monthly vehicle payments and rate of interest or APR? If you are dissatisfied with any of the above car loan factors, there may be things you can do. Learn about options from refinance providers if you responded yes to any of these questions.

Learn About Refinancing

State Quick Driver and Motor Vehicle Information

Ever wonder how many individuals live in West Virginia or how many licensed drivers there are on the roadways in the state? The U.S. Census Bureau offers insight for these metrics and other comparable driving stats. We can use the reported census numbers to discover answers. This data is tracked by Census Bureau Data for 2019-2020, but it is not backed or accredited by the Census Bureau. For example, there were 1,130,389 licensed drivers in the state of West Virginia. There were also 536,646 vehicles registered. Using the 1,792,147 population, we can calculate per capita ratios like 630.75 drivers and 299.44 registered automobiles per capita (1,000 people). Overall, there are 2.11 registered drivers per automobile.

West Virginia by The Numbers

Estimated Population: 1,792,147Registered Automobiles: 536,646
Automobiles Per Capita: 299.44Licensed Drivers: 1,130,389
Drivers Per Capita: 630.75Drivers Per Automobile: 2.11
Data comes from Census Bureau Data for 2019-2020, but is not endorsed or certified by the Census Bureau.
Auto Refinancing Near Huntington, West Virginia

West Virginia Auto Refinancing FAQs


Have concerns about vehicle refinancing in West Virginia? Be informed and find answers to commonly asked questions! It is essential to do your homework and understand how choosing to refinance your motor vehicle changes your life and finances. These FAQs can help you start to understand what is related to refinancing your car or truck in West Virginia.

Can I refinance my vehicle in West Virginia?

Yes, you can refinance your automobile in West Virginia if you coordinate with an auto refi lender who services your region.

Will refinancing my car in West Virginia save me money?

Potentially. The amount you might save while refinancing your car in West Virginia depends on many variables including being able to get approved for interest rates and terms, your credit score, outstanding liabilities, motor vehicle details, where you live in West Virginia and other details.

Is car refinancing pre-approval certain if I have a great credit score, clean credit report, and live in West Virginia?

No, being able to refinance is not ensured when refinancing in West Virginia even if you have excellent credit. You have to provide your individual details such as your address, employer, and income in West Virginia for refinancing pre-approval and check loan alternatives with particular loan providers.

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

Your automobile refinancing objectives mainly depend upon your circumstance. They can be financially related like starting to save money on payments or paying off financial liabilities. Your objectives can also be personally specific like wanting to do what is optimal based upon family vehicle needs. Refinancing your car can be situationally motivated and include wanting to adjust your auto loan details.

How do I find out if refinancing my car in West Virginia will help me?

You normally need to begin the car refinancing process to see associated refinancing rates in West Virginia. Until then, you can use tools like our vehicle refinance calculator to estimate financial benefits or adjusted auto loan payment rates. Go to Auto Loan Refinance Calculator

Why are vehicle payments in West Virginia so pricey?

Car loan lenders and financial institutions determine vehicle payments based on a variety of considerations including your credit score, liquid assets and resources, outstanding liabilities, vehicle storage location, and calculated financing risk. Your physical location or address can also be taken into account. For instance, you might be offered a range of lending offers depending if you are residing in the city of Charleston versus Huntington or Wheeling.

What do I have to do to make an application for a vehicle loan in West Virginia?

To obtain an automobile loan in West Virginia, you are not required to be a member of any specific bank, cooperative credit union, or other loan provider. You can easily create the application. Remember you will need to qualify to finish the automobile loan application process.

What credit score do I need to refinance my motor vehicle loan in West Virginia?

You can commonly refinance your vehicle loan if you have a credit rating of 680 or higher. Your ability to refinance depends upon the loan provider and your automobile. You may be able to find auto loan refinance opportunities with a credit score in the low 600s or perhaps 500s depending on your loan-to-value ratio. Having higher equity built up in your car can make this possible.

How do I refinance my auto loan in West Virginia?

You can refinance your car loan by owning a car, truck, SUV, or other qualifying motor vehicle in West Virginia, having a loan on that vehicle, meeting lending institution requirements, and producing your loan and individual information. Refinancing your car, suv, or truck can be a great method to lower your vehicle loan APR or interest rate and the amount of money you pay towards regular monthly payments.

To complete the refinance process in West Virginia, you will need state-provided identification like your valid driver’s license, an earnings confirmation record, car documents and pictures of the vehicle’s mileage and VIN number, and your existing vehicle loan information. You’ll be required to produce these things to the financial institution while in the loan application process.

The bank or lending institution you pick will examine your individual and automobile information, inspect your credit history, and let you know of the available new loan deals. You may get approved for a lower interest rate. If you have any concerns, you can usually talk to your loan officer or company rep to see if you can reduce your month-to-month car payment.

Ready To Start The Refinance Process?

Start by connecting with lenders in West Virginia.**