auto loans
Put yourself in the driver's seat with an auto loan from SunWest Credit Union.
features you can appreciate
sunwest credit union auto loans
A vehicle is a major expense, so it’s not one to be taken lightly, but it doesn’t have to be the nightmare experience many have come to associate with car buying. SunWest will be your shotgun rider with financing that’ll have you cruising in style.
crunch some numbers
Below is a preview of our current lowest term, rate, and monthly auto loan payment per $1,000 borrowed. Actual annual percentage rate will be based on your credit score, monthly term and model year. To see all rates and terms, visit our rates page.
new + used vehicles (2024 + newer)
Loan payment example:
If you finance a vehicle for $20k, you would have a monthly payment of $613.80
used vehicles (2023 + older)
Loan payment example:
If you finance a vehicle for $10k, you would have a monthly payment of $310.47
buying a new or used vehicle
You’ve done the research and you know what you want, but you aren’t sure where to start. There can be a lot of moving pieces whether buying a new or used car. Don't swerve, we’re here every mile with car buying pro-tips to get you started.
get preapproved
Already having an auto loan approved tells the dealer that you can’t be wheeled and dealed on sketchy financing, and it helps you focus negotiations on the purchase price.
Ready to go shopping?
View our competitive auto loan rates + apply for an auto loan.
research your options
Test drive any vehicle you’re thinking of buying, and ask questions about any features, fuel efficiency, and price. There’s no such thing as asking too many questions.
Need help getting started?
Browse CUDL AutoSMART to point you in the right direction or work the numbers with our auto loan calculator.
make your decision
Compare all your research, look at fair purchase amounts, and then decide on the vehicle for you and contact the dealer.
Want a recommendation for a dealership?
Check out these dealers that our members have had great car-buying experiences from.
close the deal
Dealer Purchase: Close your auto loan at SunWest + take a check to the dealer OR have our Indirect Lending team process your auto loan while you’re at the dealership.
Private Party Purchase: Set an appointment at one of our branches and the seller will meet you with the vehicle. We’ll do a quick inspection to verify the VIN + mileage and have the seller sign any applicable forms.
Auto Loan FAQ
What types of vehicle loans do you offer?
SunWest offers auto refinance loans, and new and used auto loans for dealer purchases, private party purchases, and lease buyouts.
If you'd like to change your existing auto loan, learn more about an auto loan refinance.
How long is my approval good for?
New auto loan approvals are valid for 60 days at the terms we approved (if rates are lower at the time of closing, we will honor the lower annual percentage rate). After the 60 day period, we may need to pull credit again to qualify you for a new auto loan.
What factors are used to determine my interest rate?
Auto loan rates are determined by the year of the vehicle, loan term, your credit score, and credit history.
What is the minimum loan amount?
The minimum loan amount varies by term, but typically increases with longer term options. Contact us for more details.
Do you offer vehicle loans for commercial vehicles?
No, SunWest does not currently do any commercial lending, including lending on commercial vehicles. The vehicle must be titled and registered in the buyer’s name in order to qualify for financing.
Does SunWest do auto loans for first-time buyers?
We approve loans on a case-to-case basis based on multiple factors. We may require a down payment or qualified co-borrower for first-time buyers.
What information do you need for an auto loan application?
If you’re looking to apply for an auto loan for pre-approval, we’ll pull credit and need to know your income and rent/mortgage payment. Once you’ve decided on a vehicle, we’ll need to know the VIN, mileage, year, make and model, and your insurance information. If there are other documents or information required, this will be disclosed ahead of your loan closing.
Does SunWest process the title and registration?
For dealer purchases, the dealer must process title and registration and show this on the purchase order provided to SunWest for the loan closing. For private party purchases, SunWest will process the title and registration on behalf of our member and provide them a 90-day temporary permit while they wait for the permanent plate and registration from MVD.
Does SunWest have a car buying service?
No, SunWest does not act as a car buying service on your behalf. We do have a list of preferred dealers that members have had great experiences with and we are happy to assist with any questions to simplify the car buying process.
*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, and credit worthiness. Certain terms, restrictions, and conditions apply. Proof of current auto loan 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.
