Is It Worth It to Refinance My Car?

refinance

I can refinance my car but my current rate is 5.5… I am looking to get a loan for a ring and if i refinance my car i can get around 4800. Which when you add my down payment would be exactly what i want to spend. Is it worth it to refinance my car at this time? Should i just go for a personal loan? Is there a site like lending tree but for auto loans / personal to find the best rates? Thanks for your help.

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