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As others have said you can negotiate with banks on interest rates and length of loan and things like that. The balance, however, you are probably stuck with (or at least the payoff amount of the loan). One of the major problems with car loans is that the cars depreciate in value quickly. You pay 20K for a car and a year later it can be worth 10-12K, unfortunately that is just the nature of the beast with car loans.
Like others have said go to your local bank that knows you, tell them your situation and see what they can do for you. With things like they are right now they would probably welcome the chance to make a loan like this to one of their regular customers.
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