I have an Elantra also that I got last year. My interest rate is RIDICULOUS even though my credit is good. When I bought the car, I was working as a nanny and couldn’t verify my income, so they decided I was high risk. I am paying 11 percent. Crappy huh?

I am applying for a refinancing loan in May because I just started a “real” job and can prove that I make a decent living.

I still owe about 14K on it!