Cash-Out & Refinance
Refinance an existing loan into better terms anytime, or finance a car you bought in the last six months to put your capital back to work.
Up to $5,000,000 · Terms up to 180 months · Finance or lease, any dealer or private seller
Refinance or cash out
Two different things, with two different rules. Refinance an existing loan into better terms at any time. Or, if you bought a car in the last six months, cash out to recover the capital you put in. Neither is a title loan.
Refinance an existing loan
Still paying on the car? Move your loan into better terms. A refinance has no ownership time limit, as long as there's a balance left to refinance.
Cash-out on a recent purchase
Bought the car in the last six months, often with cash? Finance it after the fact and put that capital back to work. Cash-out is available only within six months of the purchase date.
Not a title loan
This isn't a title loan or an equity line against a car you've owned for years. Cash-out is delayed financing on a recent purchase; a refinance replaces an existing loan.
Clear requirements
Up to 70% loan-to-value, a 680+ credit score (no exceptions), clear title, and a certified appraisal. We'll guide you through the documentation.
Refinance, or cash out a recent purchase.
Two different products, two different rules. A refinance moves an existing loan on your vehicle into better terms, and is available any time you still owe on the car. A cash-out finances a vehicle you recently purchased, often one you paid for in cash, and returns capital to you, and is available only within six months of the purchase date. Both come with the same human underwriting and full-service handling. Neither is a title loan or an equity line against a car you've owned for years.
- Refinance an existing loan — no time limit
- Cash-out only within 6 months of purchase
- Not a title loan or equity line; lease buy-outs handled too
At a glance
- Loan amounts
- Up to $5,000,000
- Term length
- Terms up to 180 months
- Financing
- Simple-interest financing
Is this you?
- You still owe on the car and want better terms (refinance, no time limit)
- You bought a car in the last six months and want to finance it and recover your cash
- You want to buy out a lease
Ways to use it
Whether you're buying your childhood dream car or seriously collecting classics, we get you.
Rated 4.9 out of 5 on Google
Estimate your monthly payment.
A quick, no-obligation estimate. Adjust the price, down payment, and term. We'll tailor your real numbers when you're ready.
Estimated monthly payment
$3,217/mo
Financing $200,000 over 84 months at 8.99% APR.
Estimated Payment Only. This calculator is provided for illustrative purposes only and does not constitute a credit application, approval, offer, commitment to lend, or guarantee of financing. The interest rate used is an estimate and may not reflect the rate for which you qualify. Actual loan terms, rates, monthly payments, and approval are subject to creditworthiness, vehicle eligibility, lender requirements, and other underwriting factors. Estimated payments do not include taxes, title, registration, insurance, or other applicable fees. MotorFi does not offer or set the displayed terms. Please refer to our disclosures for additional information.
Explore other programs.
Common questions.
Ready to refinance or cash out?
Start online or call a specialist. A real person reviews every file, and most get a decision within the hour.
- Decisions in about an hour
- No application fees
- Available in all 50 states