The mileage of a vehicle is represented by a numerical amount and recorded by a vehicle’s odometer. It accounts for all miles driven since the vehicle was made. This mileage of a vehicle is necessary to have when financing and refinancing since lenders typically only issue loans for vehicles under a specific number of miles, like 120,000 miles.
When refinancing older cars or cars with higher mileage through Caribou, you may be able to refinance even with mileage as high as 200,000 miles. We work to find you the right lender when the miles are flying by.