<prompt> Human: Wanted to make a thread because Ive thought for a long time that this wasnt possible based on how much I owed and my KBB value. So, I bought a car in April 2016. It was around 19k at 8 through Capital One for 72 months. I researched refinancing months ago but never thought Id be approved because KBB was saying my car was worth around 11k, but that was through dealer trade in. So about a week ago I began plugging numbers again. I owe 16.5k at this point. I looked for the highest value on KBB I plugged everything in and I selected private party and put my car as excellent condition. I got a value of 13.8k. I realized that this is within 120 of 16.5k and that I could refinance as long as the institution went along with it.Put in an application with Digital Federal credit union, put in my 13.8k figure. Had to pay 15 to become a member, submitted all my paperwork. Got off the phone with them this morning and the check is on the way to Capital One they offered me 4.24. They asked me if I wanted a term of 65 months which Im guessing would be a continuation of my old term, but I asked for the loan term to be lowered to 48 months.Saved myself thousands of dollars and if you asked me a month ago if I could refinance I wouldve told you no.Hope this helps someone.  <response>: congrats! 