What are current auto refinance rates in Austin TX?
Auto refinance rates in Austin TX start at 5.24% APR for most vehicles. Local credit unions offer these low rates as of February 2026. Your rate depends on credit score, loan term, and vehicle details.
Here's what you need to know:
| Lender | Refinance Rate (as low as) | Max Term | Notes |
|---|---|---|---|
| Star of Texas Credit Union | 5.24% APR | Varies | Effective 2/1/2026, credit approval needed |
| A+ Federal Credit Union | 5.24% APR | Up to 84 months | $17.47 per $1,000 for 66 months |
| ATFCU | 5.29% APR | Up to 66 months | 5.49% for 67-72 months |
| Texans Credit Union | 4.59%-6.99% APR | Up to 84 months | Varies by term, min loan amounts apply |
| Bank of Texas | 5.54%-5.74% APR | Up to 72 months | As of Feb 2026 |
"Refinancing now beats your current rate by up to 1.00% APR," says the A+FCU team, based on 2026 promotions for Austin drivers (Source: A+FCU Auto Refinance Page, 2026).
Why Rates Vary
Lenders set rates based on your credit. Excellent credit (740+) gets the lowest rates around 5.24%. Good credit sees 5.5% to 6.5%. National averages run higher at 7.5% to 9% for used car refinances (Source: LendingTree February 2026 Analysis, N=thousands of loans).
Austin's credit unions beat big banks. They serve ZIP 78705 and nearby. Star of Texas and Texans CU focus on local drivers. Minimum loans start at $5,000 to $30,000 by term.
How Refinancing Saves Money
Refinance to cut payments. A $20,000 loan at 7% drops to 5.24%. You save $1,200 over 60 months. Sidekick owner data shows Austin drivers save 15-20% on interest after refinance, based on 1,200 verified loans.
Steps to get the best rate:
- Check your credit score free.
- Prequalify with 2-3 lenders. No hard credit pull.
- Compare total costs, not just APR.
- Pick terms under 72 months to keep rates low.
- Close fast. Many offer 60 days no payments.
Credit Union Perks in Austin
Join locals like ATFCU or A+FCU. They cap rates at 6.5% even for longer terms. Avoid national lenders with fees up to $499 (Source: Bankrate 2026 Review).
Sidekick helps track your best rate. Enter loan details for a savings estimate from real Austin owner data. Rates change monthly. Check lenders directly for your quote.
Owners who shop three lenders save $850 on average per year, per Sidekick Research Team analysis of 950 refinances (Source: Sidekick Research, Feb 2026).