Some of you may know that I recently won a lemon law claim against Ford, and I have my new car now. Loan info transferred to the new car, so I have 46 payments remaining. I was thinking about refinancing it to a new 60 month term, with the same interest rate, 2.49%, which would lower my payment by around $175 a month. Total at the end of 60 months is almost identical to the total that I'd pay over the next 46 with the current loan. I can't see any downside except paying it out over an extra 14 payments, but it won't cost anything additional. Ideas????