SAVE MONEY WITH AN AUTO REFINANCE LOAN
Check Your Rate In 5 Minutes
If your insured car is less than 10 years old and has been driven fewer than 120,000 miles, refinancing your personal vehicle may be a good option. By refinancing to a lower rate loan, you could save money each month. Pay less and save more with lower rates from Drummond Community Bank. Loans available in Florida, Alabama, and Georgia.
Interest rates on auto refinancing loans are still near all-time lows. Secure a low rate online.
Check your rate today in 5 minutes and apply!
- Less than 10 years old
- Less than 120,000 miles
* When you check your rate, we perform a soft inquiry on your credit report. This initial “soft” inquiry will not affect your credit score. If you complete the application process, we will perform a “hard” credit inquiry which may impact your credit score. If you accept a loan, repayment information will be reported to the credit bureaus.
Get a refi loan for your car in North Florida!
At Drummond Community Bank, our mission is simple. We strive to provide you with the very best banking services and sound business decisions all while giving back to the Florida communities we serve. To you we may just be a bank, but we’re a bank that wants to help you and your money grow. Apply online for an auto refinance loan in North Florida or visit one of our branch locations in Archer, Bronson, Cedar Key, Chiefland, Cross City, Crystal River, Fort White, Gainesville, Herhando, Inglis, Lake City, Mayo, Ocala, Old Town, Trenton, and Williston!
Features and Benefits
- Pay off your auto loan early with no penalties to save even more
- Check your rate without affecting your credit score1
- Loans from $3,000 to $60,0002
- Save money over the life of your loan
- Repayment terms 24-72 months3
1. When you check your rate, we check your credit report. This initial (soft) inquiry will not affect your credit score. If you accept your rate and proceed with your application, we do another (hard) credit inquiry that will impact your credit score. If you take out a loan, repayment information will be reported to the credit bureaus.
2. Your loan amount will be determined based on your credit, income, the outstanding balance of your current auto loan, and certain other information provided in your loan application. Not all applicants will qualify for the full amount.
3. Subject to credit approval. Available for residents of Florida, Georgia & Alabama only. No origination or application fee. Drummond Auto Loans feature rates no greater than 17.99% Annual Percentage Rate (APR), with available terms ranging from 2 years (24 months) to 6 years (72 months). Rate and term are based on creditworthiness, income, and information provided in your loan application. For example, if you are approved for a $20,000 loan at 13% APR for a term of 48 months, you will pay $536.55 a month and a total of $25,754.40 over the 48-month life of the loan. Your rate and loan amount may differ from the provided example. Longer repayment terms may have higher rates.
Benefits of Refinancing Your Auto Loan With Drummond
- Terms
- Down Payment
- Interest Rate
- Sources of Repayment
FAQs About Refinancing Auto Loans
When is Refinancing Your Car Loan a Smart Choice?
When should you refinance your car loan?
Does refinancing a car hurt your credit?
What is a good interest rate for a car?
Where is the best place to refinance a car?

Don't forget to save, too!
