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Re-financing 2007 Ford Edge

My husband and I are retired and would like to re-finance the car we bought in Jan.09. We believe we were taken ( we feel so stupid) by autoFair in Manchester, NH. Our monthly payments are $325 on a 24,375 2007 Ford Edge. Could you direct us to a someone who has a low APR and payments less than what we are paying. Many thanks for any help.


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I don't know any agencies in your area, but you need to get on the phone and make some appointments with differnt places to see who can give you the best refinace rates.  Including the place that financed this vehicle, maybe they will lower your payment and give you a better deal just by asking.  Just watch out for the intrest.  Most banks give you the best intrest.  Just remember that a lower payment could cost you more in the long run if it ads up to more in intrest.  Get them to show you how much you will be paying in intrest on top of your principal for the lengh of your loan.  You could also sell the car and buy something that is more affordable.  I see brand new vehicle on for really good buys right now, some as low as $14,000.00 advertised.  Good luck

Posted 2009-08-30T23:54:33Z

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