Can an interest rate be negotiated down after proven payment history?

I've had my car/loan for a year now, and have been perfect with the payments. The interest rate is kinda high though. I am curious if it is possible that I could ask for (and get) a lower interest rate with my perfect record with payments. Thanks for any information.|||The only way to reduce the interest rate on your auto loan will be to refinance it at a lower rate,





Installment loans (which vehicle loans are) aren't like credit cards where you can negotiate your rate,





If your credit has improved and you have enough equity in the vehicle you can shop rates and see what you can refi for,





Good luck,|||No. Your loan is at a fixed rate for a fixed period of time. You might be able to refinance it but even this is unlikely as the car loses value faster than the loan balance decreases.