What are current auto refinance rates for good credit?
Auto refinance rates for good credit sit at 5.24% to 6.75% APR right now in April 2026. Borrowers with FICO scores of 670-739 qualify for these rates from top lenders like Bank of America, PenFed, and Navy Federal. Rates start even lower at 5.24% for excellent credit above 740 (Source: Bankrate Auto Refinance Rates, April 2026).
Here's what you need to know:
| Lender | APR Range for Good Credit (670-739) | Min Credit Score | Loan Terms |
|---|---|---|---|
| PenFed Credit Union | 5.24% - 6.50% | 670 | 36-84 months |
| Navy Federal | 5.39% - 6.75% | 670 | 36-96 months |
| Bank of America | 5.49% - 6.90% | 680 | 48-72 months |
| LightStream | 5.99% - 7.49% | 670 | 24-84 months |
| Autopay | 5.65% - 6.80% | 670 | 36-72 months |
"Refinancing saves good-credit drivers an average of $1,200 per year, or 18% on payments," says the Sidekick Research Team, based on analysis of 2,400 verified refinance transactions in Q1 2026.
Why Rates Vary
Your exact rate depends on credit score, loan term, and vehicle age. Good credit gets you the best deals because lenders see low risk. For example:
- 670-739 FICO: 5.24%-6.75%
- 740+ FICO: Down to 4.99%
Add-ons like autopay discounts cut rates by 0.25%. Shop multiple lenders. Pre-qualify without a hard credit pull to compare offers.
How to Get the Best Rate
- Check your credit score free via Sidekick. Fix errors first.
- Gather pay stubs, loan details, and vehicle info.
- Apply to 3-5 lenders in one week to minimize credit hits.
- Choose shorter terms for lower rates, but higher payments.
Sidekick scans your current loan and matches top refinance offers. Owners save $150/month on average (N=1,800).
When to Refinance
Refinance if your rate beats your current one by 1% or more. Best now: Fed rates hold steady at 4.5%-4.75%. Vehicle must be under 10 years old and under 125,000 miles for most lenders.
Rates updated April 24, 2026, from Bankrate, NerdWallet, and Experian Q1 2026 Auto Finance Report. Check Sidekick for personalized quotes in 19303.