Tresl doesn’t list its loan terms online, so you’ll need to complete the prequalification application to get an idea of what’s available. Although the details aren’t disclosed, Tresl says their customers save an average of $102 a month on car payments after refinancing. They also receive an average interest rate reduction of 5.57% through refinancing. Customers who get a lease buyout are typically approved in about 24 hours.
As for eligibility, most lenders in the network require borrowers to meet certain criteria. To qualify, you’ll typically need to make $24,000 annually. Your vehicle must also have 150,000 maximum mileage and be a 2012 model (or newer).