If you aren't happy with your loan or transfer the debt into your child's name, you can refinance it by applying for another loan with more favorable terms. (finder.com)
If your credit profile has improved since you secured your current auto loan, you may be able to refinance on more favorable terms. (ifsautoloans.com)
Through refinancing, you can replace your current auto loan with a new one of more favorable terms for you. (ifsautoloans.com)