New & Used Auto Loans
Same Car. Better Loan.
If your vehicle is currently financed with another lender, refinancing with SMW could help you lower your interest rate and better align your loan with your financial goals.
Our auto refinance option allows qualified borrowers to keep the car they already own while moving their loan to a trusted local credit union. The process is simple, and our team is here to guide you through every step.
Refinance your auto loan with SMW Financial Credit Union and enjoy rates as low as 4.29% APR for up to 72 months. Keep the car you love. Or if you're ready for a new vehicle, this offer is also available for new and used vehicle purchases as well.
Key Benefits
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Competitive auto refinance rates
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Flexible terms up to 72 months
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Local service and straightforward guidance
APR = Annual Percentage Rate. Rate as low as 4.29% APR is available for qualified borrowers on auto loan refinances with terms up to 72 months. Rate is based on creditworthiness, loan amount, term, and vehicle eligibility. Not all borrowers will qualify for the lowest rate. Refinanced vehicle must be titled in the borrower’s name and currently financed with another lender. Vehicles already financed with SMW Financial Credit Union do not qualify. Rates and terms subject to change without notice. Membership eligibility required. Federally insured by NCUA.
FAQs
Do I need to know which car or truck I am going to buy before I apply for an auto loan?
No, you don’t need to know the specific vehicle you are going to buy. It can be helpful to know how much you think you will spend, but our loan officers can help you determine the amount that works best for your finances before or after you apply.
Is there a prepayment penalty on SMW’s auto loans?
No, you will not have to worry about extra fee if you decide to sell your vehicle and pay off your SMW auto loan early.
Can I use an SMW auto loan to buy a vehicle from a private seller?
Yes, you can use an SMW auto loan to purchase a vehicle from a private seller (often called a private party auto loan). This type of purchase still requires documentation and careful handling to avoid title scams and proper registration of the vehicle in your name. Contact us for guidance to help make this kind of purchase as smooth as possible.