<prompt> Human: I just got an email from my bank Regions offering to refinance my car loan at a lower interest rate. My current loan is with Chase, and I have been paying it for 18 months out of a 60-month term. Current loan balance: 8624.81Current APR: 5.99Current term remaining: 42 monthsCurrent credit score: 735Potential APR: 3.74 with automatic withdrawal from my checking accountNew term: 42 monthsAverage monthly savings: 21Would it be wise to take the offer to refinance? Will I need to terminate the original loan with Chase, or does Regions take care of that? What are some things to watch out for? Thanks very much for your help.  <response>: Yea I mean having the same term with a lower rate is definitely the best situation. 