 TITLE: Can I Get a Cash-Out Auto Refinance Loan With Bad Credit? CONTENT: A cash-out auto refinance loan is similar to a cash-out refinance mortgage loan. If your financed vehicle is worth more than you owe on the loan, you may be able to refinance it with a different lender and gain access to some of the progress you've made in paying off the vehicle.\nFor example, if you have a $3,000 loan balance on a vehicle worth $5,000, you could potentially refinance your auto loan for up to $5,000. The first $3,000 will pay off your existing loan, and the rest can be disbursed to you in cash.\nThe amount of money you actually receive will be based on the amount of equity you have in your vehicle, the lender and your credit situation.\nFor example, some lenders may allow you to finance up to 100% of your vehicle's value, while others may have lower limits.\nNot all auto lenders offer cash-out auto refinance loans, so you'll need to take the time to search for at least a few options that you can compare. END