Auto Refinancing

I bought my car at the end of April 2008. I put down $ 7,000 and $ 9,000 I owe. My current interest rate 11.89%. My refinancing rate of the credit system are 3.99% -7.99%. since I've had my car for 3 months, is it possible to refinance? my initial loan by Bank of America.

Auto financing is what I do in life and with equal sign you must be able to equity unless the dealer has really taken advantage of you.

If you're in a situation of equity and your credit is decent you should not be a problem through refinancing your body.

My question is if your a member of a credit why did not you pre-approved by them before you bought the vehicle in the first place?