Auto Loans

We’ve joined with a dedicated team of insurance professionals to offer you competitive quotes with any new or used auto/pick-up loan. Simply let us know during your loan process and you will receive a non-binding quote via email or phone. 

Insurance protection is part of a solid financial plan. From getting a good rate on coverage for your car to making sure your life insurance is adequate, dependable insurance coverage ensures financial relief when you need it. Along the way, you’ll take comfort in knowing you’re protected.

Whatever the term that was agreed upon when the loan documents were signed is the maximum timeframe required to pay your loan. There are no pre-payment penalties for auto loans. For more information give us a call at 877-794-6712 or stop by one of our branch locations. 

The credit union's current auto loan rates are always available on our Auto Lending page. 

Yes! Minimize the impact of unexpected auto repair bills with Member's Choice Mechanical Repair Breakdown coverage. Learn more by giving us a call at 877-794-6712 or stop by one of our branch locations.

Insurance products are offered through CUNA Mutual Insurance Agency, Inc. These products are not a deposit, not NCUA or federally insured or guaranteed by SouthPoint Financial Credit Union, and may involve investment risk, including possible loss of principal.

GAP is an optional product that covers the "gap" between the amount owed on the loan and the vehicle’s value in the event of a total loss. Some exclusions apply, so it is important to review the coverage details to understand the limitations to GAP coverage.

An Example
Your vehicle was in an accident and deemed a total loss. Your insurance company determines that the fair market value of the vehicle is $15,000, so that is what they paid out. The remaining loan balance on the vehicle is $17,000. After insurance, you still owe $2,000. If you have GAP, the remaining $2,000 may be covered.

There are lots of interpretations of "good credit". If you have had credit difficulties in the past, the best way to find out if we can assist you is to apply for a loan.

No, GAP coverage only helps in the event of a total loss and is considered a supplement to your primary insurance. Car insurance covers the vehicle, while GAP covers the loan.