so what is actual benefits from refinancing a car? would i have to pay more at the end after i refinance or leave it as is? my apr is at 10.99% right now and its been 18months. after i refinance, i'll have to start a new contract with another 5 year deal with lower intrest rate correct? if thats correct woldnt it be better to just keep on paying with current interst rate and not get it refinance because it will come out either pretty close or the same at the end anyways? would like intelligent answers only..