Refinancing Your Car with Caribou? See the Advantages of Caribou Financial

Using the Caribou auto refinance marketplace can help you find the loan offers you need.

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About Caribou

Caribou is one of the best auto loan refinancing marketplaces you will find online. They are formerly known as MotoRefi. Their legal company name is Caribou Financial, Inc. d/b/a Caribou. Caribou specializes in auto loan refinancing and helping people save money on monthly car payments.

Caribou Auto Refinance Multi Color Logo
Advertiser Disclosure

Lender Type

Marketplace

$110+ Avg Savings Per Month*

A+ BBB Rating

4.0 Google Rating

Online Marketplace

Large Lender Network

$399 Processing Fee

APR Rate

2.83%***

Caribou's featured rates are as low as 2.83%*** APR. Your actual presented offers may vary based on things like your vehicle, location, and credit score.

Credit Score

650+

Caribou works with people interested in refinancing who have various credit ratings including good ranges of 650+ and higher.

When Applying

Pre-qualification available with no SSN++ required to see offers from multiple lenders.

Qualifying with Caribou

Auto Refinancing Success

Here are a few things you can do when it comes to refinancing your car and qualifying with Caribou.

  • Credit Qualification

    Make sure your credit score qualifies for refinancing with Caribou. You must meet the minimum score to refinance your car through the platform.

  • Collect Documents

    Get your documents in order so you have everything ready to go when refinancing. This includes your ID, pay stubs, vehicle docs, and loan info.

  • Calculate Your Savings

    Know how much refinancing your car will save you. Compare new offer savings to your current rates with the auto refinance calculator.

TrustPilot Reviews

See what real customers have to say about Caribou on Trustpilot.

Jacqueline Dimery
Jacqueline Dimery
March 24, 2023

This experience was so easy and Ray was…

This experience was so easy and Ray was great, patient and knowledgeable. I got a great deal and happy I made the decision to refinance.

Len
Len
March 9, 2023

This was the first time I tried…

This was the first time I tried Caribou, not without hesitation, but they were offering what appeared a good deal at a lower rate of interest and costs than their competition. There were quite several exchanges with their assigned agent, Michael (Mike) Ruiz, the usual shuffling of documents, but Mike helped me all the way, patiently, politely, and thoroughly. Everything went well and was executed as promised. I am delighted and recommend both Mike and Caribou without reservation!

Jason Johnson
Jason Johnson
March 7, 2023

Nina was Great!

Nina was Great! I was looking for a place to refinance my auto loan. I didn't want to do it really because I didn't want to do anything that was going to be high stress, long wait times, and really had no idea what I was going to be getting myself into. Nina was so helpful, explained everything to me, and within a few days they had the funding and everything was completed! Thank you Nina and everyone at Caribou for making this a great experience!

AIXA
AIXA
March 3, 2023

Process was very easy and the customer…

Process was very easy and the customer service very knowlege about product

Temi
Temi
March 1, 2023

Nina was sooooo patient with me during…

Nina was sooooo patient with me during my refinancing process. She was able to keep calm explaining all my questions and clearing my doubts. She’s pleasant and it was great working with her.

Dmitry Paltarak
Dmitry Paltarak
February 25, 2023

Great experience on auto loan refinancing

I worked with Nina, she was a pleasure to work with. She answered all my questions in great detail and walked me through the process. It was a straight forward and smooth experience. I was able to get a much better interest rate on my auto loan.

Greg Lucas
Greg Lucas
February 23, 2023

They were great

We eventually got our son's car refinanced after some hoops to jump through (only fair). Luke Nelson worked with us and it was a positive interaction. Highly recommend Luke and Caribou for refinance needs.

Shiloh El
Shiloh El
February 19, 2023

Knowledgeable Loan Officers

My efficient loan officer was very knowledgeable and made sure I was aware of each step during the refinancing process.

Rick Gore
Rick Gore
February 17, 2023

Great customer service

Great customer service. The entire process went very smooth and easy. Very quick funding.

Cesar Ruiz
Cesar Ruiz
February 15, 2023

Thanks to caribou

Special thanks to Mr Kurt Zoeger, he did the process so easy , very clear all the information he shared with me.How fast and everything went thru.

charlie
charlie
February 14, 2023

Great service, rapid results!

I recently applied for a refinance through Caribou, the loan officer Tyler Reidenbaugh worked with me through the application process and had me approved in the blink of an eye!! Unfortunately I was unable to follow through on the process at this time, but if in the future if I am in the market for a refinance I will definetly contact Caribou and Tyler, excellent service and he will work with you through the entire process. I would highly recommend Caribou, they are a great company as I had another vehicle refinanced through them. They truly are a five star organization!

MW
MW
February 9, 2023

Overall great experience

Took a littler longer than I expected. But the process was easy and straightforward.

Rafael Razo
Rafael Razo
February 8, 2023

Nina was extremely helpful and made the process very easy.

Made the process very easy to understand and follow.

Connor
Connor
February 5, 2023

Overall I saved money by this refinance…

Overall I saved money by this refinance and I thought the process was fairly easy and straightforward. Arthur Scott was my POC and he was always available to help or explain what needed to be done next. You could also tell that he was good at his job and had a lot of expertise in his field. For me, Caribou was a positive process that was also one of the easier third party processes I have dealt with so far.

Scott Jones
Scott Jones
February 4, 2023

Finally Corrected!

Terrible company. I mailed my title in and then they sent me the final paperwork, which had fees higher than anticipated. I attempted to cancel and get my title back, but haven't received my title! Edit- someone contacted me and resolved the issue.

Cynthia Pomeroy
Cynthia Pomeroy
February 3, 2023

Easiest refinance ever!

Easiest refinance ever!

John Webb
John Webb
January 26, 2023

Outstanding!

WOW! Simply amazing! I have dealt with many loan companies throughout my life and I can honestly say this has been hands down my best experience. Arthur Scott…. This man is a professional. From start to finish he made the entire process simple. Explaining everything from start to finish and in about 4 days my loan was funded. I can’t say enough about his kindness, attention to detail. And most importantly in my opinion was how he interacted and didn’t just treat me like some other customer. Thank you so much Arthur. And thank you Caribou!! I’ll be saving over $200.00 a month on my new truck payment and paying about $15,000 less in interest. Don’t hesitate to give them a call!

Leonardo
Leonardo
January 21, 2023

excellent service

excellent service. They walk me trough all the process and was very helpful

Austin johnson
Austin johnson
January 21, 2023

Loan officer was amazing

Loan officer was amazing. Everything was very simple and he talked me through the entire process.

Torri Bernard
Torri Bernard
January 20, 2023

My Lead Loan Officer Nina Tapias I…

My Lead Loan Officer Nina Tapias I would say was extremely help and friendly. I was nervous about the process in the beginning but she made it easy and comfortable. Really great job she did when it came to help me through the process. Very professional!!!!

Danny Bean
Danny Bean
January 19, 2023

Fast and Effective with shortest term…

Fast and Effective with shortest term with lower interest and payments

Ben LeVay
Ben LeVay
January 19, 2023

Terrible experience

Terrible experience! was working with them on a refi but their loan officer (dont wana get him in trouble) mentioned that half the company was laid off and he himself wouldnt recommend refing with the company because of that and shady practices like the insane $400 fee for being a middleman. oh well, i will go directly to the credit union!

Shannon
Shannon
January 11, 2023

Convoluted is an understatement

Convoluted is an understatement. If you happen to deal with Brian, prepare yourself for resending the same documents and retaking dozens of photos of your i.d although every picture sent all information is clearly visible. I’m fed up with Carabou’s hoops. Save yourself the trouble and deal with the lender directly.

John Lammers
John Lammers
January 10, 2023

Nina from Caribou was very helpful and…

Nina from Caribou was very helpful and was very quick to respond to my questions.

SHAWN GRIES
SHAWN GRIES
December 30, 2022

Horrid

Horrid, still submitted my hard pull after many requests not to. Had to contact Transunion and Tower Federal Credit Union(their main go to). To do a reversal with my proof. The 1 day deal was 10 days. Maybe the hardest place to contact in the world. The $400 fee they charge you can be waived if you go directly to Tower Federal Credit Union yourself with Caribou.

Candy H
Candy H
December 23, 2022

The process was easy and My Agent Was…

The process was easy and My Agent Was very Helpful and always available if I had a question. Thank You Arthur Scott for making this process easy for me!

Adam Jones
Adam Jones
December 19, 2022

Great rates, long funding process, customer service process not great

Caribou did a great job in finding me a lower interest rate and payment but fees were extremely high and not informed about fees until end of process. This process was also very time consuming with a lot of back and forth. Communication was not great with officer as there were several issues with documents that I was not informed of and had to reach out to get and update that further actions were needed in which I think made the process take longer than it needed. Overall it seems as though once you sign and commit to your new contract, the customer service declined and you were no longer a priority.

Fel Mar Vagilidad
Fel Mar Vagilidad
December 15, 2022

I was looking to refinance my car

I was looking to refinance my car, I found out Caribou and gave it a try. It was quick and easy Mr Arthur Scott walked me through from start to finished, after a week of sending and signing documents I got approved and funded. Good job and well done!

Jayne Perkins
Jayne Perkins
December 10, 2022

I sent everything needed to refinance…

I sent everything needed to refinance my car loan and Colby was very helpful in getting approved and was always available if I had any questions.

Amina
Amina
November 18, 2022

The application process was easy

The application process was easy, and the loan officer was great at communicating the next steps. the whole process, from the application to the funding, took two weeks. My interest rate, as well as my monthly payments, went down.

Josh Powers
Josh Powers
November 17, 2022

Great Vehicle Refinancing

Refinanced my truck through Caribou. Arthur was great to work with, He kept in contact through the whole process and made it as easy as could be. I would certainly do it again in the future. Everything was completed in about 3 business days.

Arithia W Calhoun
Arithia W Calhoun
November 11, 2022

What made my experience great is I had…a nice person to explain explain things.

What made my experience great is I had a really nice person to help me in refinancing my loan I thank Arthur Scott from Caribou he was a great person to work with he told me all the information I needed for my application he was a great help thanks Arthur Scott for making my experience great. Arithia W Calhoun

Jessica Mehr
Jessica Mehr
November 8, 2022

Dishonest sales tactics

I wanted to refinance because I had a high interest and long term so I wanted to decrease both. I knew by doing so this would increase my monthly payment significantly which I was ok with. During the signing process my agent really pressured me for more add-ons out of "concern" for me which would have increased my payment even more. I saw through his sales tactics but more gullible or desperate people may not have. Then in signing the contract I found out I had been signed up for auto pay without my knowledge. When I brought it to the agents attention I was told not having it would increase my interest rate which was I was never told. The up-sell attempt and dishonesty I would not recommend this company.

Adrienne Williams
Adrienne Williams
November 3, 2022

Skeptical at first, BUT was Wowed!

Arthur Scott kept me updated throughout the refinance process. I got the rates I was looking for and it will save me $4500 in interest over the life of my loan.

M CT
M CT
November 3, 2022

Arthur is the best!

Arthur was extremely helpful! He facilitated every step. From reaching out immediately after I had applied to answer my questions, to the paperwork needed to be complete, to finally guiding me thought the final steps of my approval. Thank you so much!!!

Daniel
Daniel
October 25, 2022

Saved Money

Caribou made it easy for me to refinance my vehicle to a lower interest rate and payment! Everyone was very professional! Eric made it so simple for me and the customer service was outstanding! Thank you!

Jessie Barrack
Jessie Barrack
October 25, 2022

Saved us money and was so easy!

We wanted to refinance our vehicle because our old lender kept making mistakes and providing poor service. Not only did Caribou provide excellent service, but they helped us lower our rate, term and payment! What a nice surprise and a great experience!

Samantha Crisp
Samantha Crisp
October 19, 2022

Amazing Customer Service

Everyone I have spoken with during my refi process has being amazingly nice and helpful. I had been devoting doing a refi for a while due to a high monthly payment. I did some research and found Caribou. I have had a very pleasant experience with them thus far.

Addis
Addis
October 15, 2022

Nina Tapias

Nina Tapias was very helpful in getting me a good interest rate on refinancing my car loan. She helped me every step of the way. I’m very satisfied!

Vanessa Gutierrez
Vanessa Gutierrez
October 6, 2022

I had a great experience due to Nina

I had a great experience due to Nina. She was very thorough when explaining the process. She was there every step of the way helping guide me through it. Thanks again Nina! 10/10 recommend 🙌

ISAAC LEE MARTIN JR
ISAAC LEE MARTIN JR
September 29, 2022

Much Better Interest Rate

I liked the fact that a much better interest rate was obtained, however it did take longer than I thought in underwriting, and CSR could have had better communication explaining the extended period of time it took. Finally, was not advised the anount of finder's fee to Caribou. But, the new interest rate makes everything better!

N/A
N/A
September 29, 2022

Poor Customer Service and follow up

Chris provided horrible customer service and onboarding experience. On this experience alone, I do not think I will ever use Caribou again which is a shame.

Danny A.
Danny A.
September 28, 2022

Great auto-refinance experience!

The auto refinance experience with Caribou was quick and easy. Fill out a form online, get an email and a call within a couple of days, and boom, new car low payment in a couple of weeks. They did all the heavy lifting, were pleasant, helpful, and informative in all our interactions, and I still feel like I got a great deal. Win-win.

brian abney
brian abney
September 26, 2022

Refinance from gm

Seriously easy process. I saved 7% from my loan I just got a month ago at the dealership. Can't recommend enough. Good customer team. Very good experience!

Jon Lange
Jon Lange
September 22, 2022

Excellent

This was the best experience I've ever had when it came to a loan. Arthur was very personable and professional. He explained things thoroughly and answered all my questions honestly. I would recommend him to family and friends. Thank you Arthur

Jaki Brown
Jaki Brown
September 15, 2022

The refinance experience was easy

The refinance experience was easy. The representative was friendly and knowledgeable. The rate and terms are great. I recommend using Caribou for your refinance needs. Jaki Brown

robert burroway
robert burroway
September 12, 2022

Nina was helpful and walked me through…

Nina was helpful and walked me through the whole process. She took extra time and communicated with me later into the evening then I would have expected because of the hours I worked she kept the process on track and help me complete all of the paperwork within time limit for getting the process done

Sadie Durocher
Sadie Durocher
September 3, 2022

Quick & Painless

My experience with Caribou exceeded my expectations. Everything was so easy and went super quick. Communication took place throughout the entire process and my loan officer was so informative and kind. Would definitely recommend.

Desiree Lal
Desiree Lal
September 1, 2022

Kind and proffesional

Hi! I just recently refinanced with Caribou. Joey was very wonderful, proffesional, and kind when walking me through the refinancing process. I was able to get a cheaper monthly payment, and a better interest rate at the same time. I am very appreciative with how stress free this whole process was.

Zakiah Tyson
Zakiah Tyson
August 31, 2022

I will like to start off by saying my…

I will like to start off by saying my extwas great! Nina was very helpful she answered all my questions, and made the process so easy. I give this expression a 10/10 best decision I made.

Jacqueline Dimery
Jacqueline Dimery
March 24, 2023

This experience was so easy and Ray was…

This experience was so easy and Ray was great, patient and knowledgeable. I got a great deal and happy I made the decision to refinance.

Len
Len
March 9, 2023

This was the first time I tried…

This was the first time I tried Caribou, not without hesitation, but they were offering what appeared a good deal at a lower rate of interest and costs than their competition. There were quite several exchanges with their assigned agent, Michael (Mike) Ruiz, the usual shuffling of documents, but Mike helped me all the way, patiently, politely, and thoroughly. Everything went well and was executed as promised. I am delighted and recommend both Mike and Caribou without reservation!

Jason Johnson
Jason Johnson
March 7, 2023

Nina was Great!

Nina was Great! I was looking for a place to refinance my auto loan. I didn't want to do it really because I didn't want to do anything that was going to be high stress, long wait times, and really had no idea what I was going to be getting myself into. Nina was so helpful, explained everything to me, and within a few days they had the funding and everything was completed! Thank you Nina and everyone at Caribou for making this a great experience!

AIXA
AIXA
March 3, 2023

Process was very easy and the customer…

Process was very easy and the customer service very knowlege about product

Temi
Temi
March 1, 2023

Nina was sooooo patient with me during…

Nina was sooooo patient with me during my refinancing process. She was able to keep calm explaining all my questions and clearing my doubts. She’s pleasant and it was great working with her.

Dmitry Paltarak
Dmitry Paltarak
February 25, 2023

Great experience on auto loan refinancing

I worked with Nina, she was a pleasure to work with. She answered all my questions in great detail and walked me through the process. It was a straight forward and smooth experience. I was able to get a much better interest rate on my auto loan.

Greg Lucas
Greg Lucas
February 23, 2023

They were great

We eventually got our son's car refinanced after some hoops to jump through (only fair). Luke Nelson worked with us and it was a positive interaction. Highly recommend Luke and Caribou for refinance needs.

Shiloh El
Shiloh El
February 19, 2023

Knowledgeable Loan Officers

My efficient loan officer was very knowledgeable and made sure I was aware of each step during the refinancing process.

Rick Gore
Rick Gore
February 17, 2023

Great customer service

Great customer service. The entire process went very smooth and easy. Very quick funding.

Caribou's History

The company was founded in 2016, and their headquarters is based near Washington D.C. and Arlington, VA. They have various offices throughout the United States in Austin, TX, and Denver, CO and serve all of the 50 states except Massachusetts, Mississippi, Maryland, Nebraska, Nevada, Wisconsin, and West Virginia (44 at the time of writing). They also offer auto insurance bundling, key replacement, cosmetic care, and extended vehicle protection plans.

Caribou is making waves as a new auto fintech platform. In March of 2021, Goldman Sachs led a $45M investment round making it one of the hottest fintech companies of the year. They gained an additional $5M in August of 2021 from Curql Fund which further opened up access to credit unions. This further backs our choice of Caribou as the best auto refinance lender.

Their goal is to offer customers great refi rates and lower monthly payments. According to their website, they save their customers on average $110 per month* on car payments. Their fast, easy auto refinance system helps customers take control of their car payments. Your social security number (SSN) is not required to see initial refinance rates but is required for finalizing your new loan++.

Caribou is a marketplace because they partner with local lenders like banks and credit unions to best serve customers wherever they live. Using their platform, you can complete one refinance application and see multiple lender offers. The marketplace ranks loan offers with interest rate, term, and other details to help you make a good decision.

Refinance Rates

Featured auto refinance rates are as low as 2.83%*** APR with newer vehicles and prime credit scores or higher.

No SSN++

See savings without giving out your social security number++. SSN is only needed for the loan finalization steps.

Financial Goals

Keep your financial objective in mind to make sure you are on the right track. Shift your goals over time for the best results.

Applying for Car Refinancing with Caribou

The Caribou application portal is easy to use. The steps are entering your personal and vehicle information, checking your rate, selecting your offer, and finalizing your refinance. The application process can help you pull in your vehicle information by license plate or by entering your make and model with other vehicle options. Your application is assigned to a loan officer who will talk you through your submission details.

They also security connect to credit bureaus using your personal information to help you find your current car loan information. You can then import your loan information into the platform. These tools make it easy to apply for refinancing in an easy-to-understand format. The Caribou platform is one of the most innovative we’ve seen so far out of comparable auto refinance companies.

You can see the available car loan refinance options after a few steps into the process. Caribou states there is no impact on your credit score to see these initial rates+. The loan offerings are listed together so you can view and choose the best refinance option for you. Their loan officers are also very knowledgeable and helpful in answering lending questions along the way.

Caribou usually handles the entire refinancing process from submission to finalization with the lender. Their process is noted as “convenient, transparent refinancing that could put money back in your wallet, with offers from our network of trusted lenders.” They also help you figure out retitling your vehicle under your lender. This process can be tricky and take time, so check with the Caribou title team experts and titling specialists.

Caribou BBB Reviews

Trusted by Hundreds of People for Car Refinancing

4.8

5/5

Over 859 Reviews
Better Business Bureau
See Company Profile

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"Everything went smoothly. The rate I was initially quoted is the rate I was approved for and received. I had ain't issues with my car title and registration and they waited while I sorted that out. Process was incredibly quick and efficient."

Dayna N
5/5
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"I was so glad to run into this company and Jon M he was so helpful with the whole process made it quick and easy easy to understand I think they're a fantastic company and I will be telling my friends about them and family"

Theresa Y
5/5
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"The entire process from start to finish was amazing. Arthur S**** Jr, went above and beyond in helping me. I was referred to Pen Fed and my payments are now $60.00 less and my interest went from 12.5% to 7%. Thanks again!!!"

Benny M
5/5
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"I have a commercial vehicle insured and used for personal use. I was having a hard time finding a bank that would refinance. Logan made no promises but assured me that he would look into finding a lender. He found PenFed and everything was complete in a few days. I’m saving $100 per month which is what I needed."

Julia L
5/5

Car Loan Interest Rates with Caribou

Caribou can get you a car loan interest rate as low as 2.83%*** APR. This annual percentage rate is based on their qualified example of refinancing a 2020 or newer vehicle with less than 85,000 miles on the odometer and a credit score higher than 740 (prime and super prime credit score categories). Your offers and approval of those offers depend on factors including your personal information, credit score, and vehicle. Caribou works with their “trusted local and community lenders” to find you the competitive lending deals.

Find a Good Refi Deal

Why Choose Caribou?

Caribou can be just the place you are looking for when it comes to choosing the best auto refinancing company. They deliver results and "help put money back in your pocket" and save by matching customers like you with top lenders around the country.

Large Lender Network

Caribou's large lender network increases your ability to compare and choose the best refinancing offers and rates.

Pre-Approval & Pre-Qualification

Caribou's easy pre-approval process allows you to pre-qualify in minutes and immediately see offers from real lenders.

Real People - Real Results

Caribou is making waves in the finance world by providing excellent products handled by real industry experts.

Caribou Fees and Things to Know

Caribou does have a one-time loan processing fee of $399 which is factored into your total refinance cost. This fee is paid when you complete the refinance process, and there is no additional cost to you. It is similar to an origination fee and covers document processing and vehicle retitling which helps you avoid a trip to the DMV. The total cost (including the fee) to refinance is often cheaper than other options.

Additional product inclusions like GAP, motor vehicle service plans, and their key replacement programs can also help you and add benefit to your refinanced car loan. GAP is similar to a GAP waiver, GAP coverage, or GAP insurance and can help with total losses. Vehicle service plans can help you maintain or repair your vehicle. Key placement options can come in handy if you misplace your key fob or transponder.

Highlights

Featured rates are as low as 2.83%*** APR**

Average customer savings are over $110 a month*

The lending marketplace helps you find the best refinance deal

You can see available loan offerings from multiple verified lenders

Pre-qualification can take minutes on their secure platform

No social security number (SSN) required to see loan offers+

A+ BBB rating & accreditation

Caribou has a 4.0 star rating Google Review

Caribou Refinance FAQs

Have questions about refinancing with Caribou? Find answers to commonly asked questions!

Is Caribou car refinance legit?

Yes, Caribou Financial is a real company and can help you refinance your car. They provide a lending marketplace with access to different lenders around the United States.

Is Caribou a good finance company?

Caribou puts the customer first and provides competitive auto refinance offerings. They are very quick to update their interest rates and APRs so you know what you are getting as a customer. Their excellent TrustPilot and Better Business Bureau ratings show that.

What is Caribou's minimum credit score?

At the time of this writing, you need at least a 650 credit score or higher to refinance your auto loan with Caribou.

What is Caribou's APR?

At the time of this writing, Caribou's lowest APR is 2.83%**. The APR is the total cost to refinance and includes interest, fees, and other origination costs.

Does Caribou refinance older cars?

Caribou can refinance older cars up to around 10 years old. Older vehicles may not be accepted. This is because of lender requirements and guidelines.

When should I refinance my car through Caribou?

Any time is a good time to refinance. You should take advantage of any savings or dealership finance offerings before switching over your car loan with Caribou. Refinancing can potentially lower your interest rate and save you money in the process.

Does refinancing mess up your credit?

Refinancing a vehicle can lower your credit score by a few points. This is because it takes a new line of credit out and the hard pull during the loan finalization process.

What credit bureau does Caribou use?

Caribou primarily uses the Experian credit bureau for credit reporting and credit history checks.

How do I qualify for a Caribou loan?

To qualify for a Caribou loan, simply enter your vehicle and personal information on the Caribou application portal. Your SSN is not needed to see refinancing offers.

Can I pick my Caribou loan term?

Yes, once you pre-qualify or qualify with Caribou, you can see and compare different loan terms from marketplace lenders. Pick the term and rate which is best for you!

Can I pick my Caribou loan interest rate?

Yes, you can see available Caribou loan interest rates after you pre-qualify or qualify on the Caribou marketplace. Lower terms often have lower interest rates!

Is MotoRefi legit?

Yes, MotoRefi was a legit company and is now known as Caribou. They rebranded in 2021.

***2.83% APR is based on Caribou's qualified example of a customer with a credit score as high as 740 refinancing a 2020 or newer vehicle which has fewer than 85,000 miles. Actual APRs may vary.

APR is the Annual Percentage Rate. Your actual APR may be different. Your APR is based on multiple factors including your credit profile and the loan to value of the vehicle. APR ranges from 2.83% to 36.00% and is determined at the time of application. Lowest APR is based on loan amount of $45,000, 36 month term, and is available to borrowers with excellent credit and only in certain states. Conditions apply. Advertised rates and fees are valid as of 11/1/2022 and are subject to change without notice. Insurance savings will not result from lower APR.

+ To check the refinance rates and terms you qualify for, Caribou conducts a soft credit pull that will not affect your credit score. However, if you choose a loan product and continue your application, Caribou or one of their lending partners will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

++ Social security number is required should you choose to move forward in the loan application process.

Terms and Conditions apply. Caribou reserves the right to modify or discontinue products and benefits at any time without notice. Participating lenders, rates and terms are also subject to change at any time without notice. The information you provide to us is an inquiry to determine whether our lenders can make you a loan offer. If any of Caribou's lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. Caribou does not guarantee that you will receive any loan offers or that your loan application will be approved. If approved, your actual rate will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Offers not available in MA, MD, MS, NE, NV, WI, WV.