Auto Refinancing for a better deal
Features You'll Love
When your auto loan isn’t working for you anymore, refinancing helps you reset. SunWest puts options on the table: adjust your terms, update your payment amount, and lock in on a loan that better fits your life now.
Low, competitive rates
Cash-out refinance options available
Lower your APR* and save on interest
Flexible terms with monthly payments that fit your budget
No pre-payment penalties
Use your vehicle’s equity for large purchases or debt consolidation
Protection options available (GAP, extended warranty, debt protection, & depreciation protection)
Check our competitive auto refinancing rates and calculate your estimated payments so you know what to expect before you buy.
You might consider auto loan refinancing if:
Your current balance feels like it’s not going down
You want to tap into your vehicle’s equity for extra cash
Your monthly payment is too high for your budget
You can afford a larger payment, and want to pay off your loan faster with a shorter term
Interest rates have dropped, or your credit score has improved so you qualify for a lower rate
What is the process to refinance a car loan?
Start with an application: we’ll review your credit, income, and vehicle details.
If approved, we’ll pay off your current lender directly and handle the title transfer.
How does my existing auto loan get paid off?
Once you sign your refinance documents, we send a payoff check to your current lender. If the loan is paid off early, any remaining balance will be refunded to you or applied to your new loan.
Can I refinance a car loan if I have negative equity?
Yes, in some cases. Approval depends on your credit and loan-to-value ratio, with a maximum of 130%.
How long does it take to refinance an auto loan?
Some refinances can be completed the same day. Paying off your existing loan may take up to 10 business days.
Can I refinance an existing SunWest auto loan?
Yes, we can refinance existing SunWest auto loans.
Note: Promotional offers may have different terms or restrictions.
*APR = Annual Percentage Rate. On approved credit. Certain terms, restrictions and conditions apply. Refinanced loan interest rate cannot be lower than 4.99% APR when refinancing up to 2.00% APR below your existing rate. The first payment may be deferred for up to 90 days. Your loan will accrue interest during that time. Proof of current loan rate may be required prior to closing in order to receive the refinanced rate. Offer is for vehicle refinance applications processed before July 6, 2026. This offer does not apply to vehicles currently financed through SunWest Federal Credit Union. Rates are subject to change without notice. $50 donation per funded loan will be made to Valley of the Sun United Way. SunWest reserves the right to modify or discontinue a portion or all of this promotion at any time.
See a representative for complete details, qualifications, and disclosures.
You did the refi research. Now finish strong.
As a SunWest member, you have access to discounts on comprehensive auto coverage options that are often at a lower cost than what you’d find at the dealership.
The Fine Print
*APR = Annual Percentage Rate.
Rates shown assume excellent borrower credit history. Rates subject to approval and may vary based on multiple factors such as payment method, credit report, and credit worthiness. Certain terms, restrictions, and conditions apply. Proof of existing loan interest rate may be required prior to closing in order to receive the refinanced rate. This offer does not apply to vehicles currently financed through SunWest Federal Credit Union. Rates are subject to change without notice. This credit union is federally insured by the National Credit Union Administration. SunWest reserves the right to modify or discontinue any offers that may be listed on this page at any time.
