Trusted Local Credit Union
Loans for New and Used Autos in Fairbanks, Alaska.
Get on the road!
Spirit of Alaska Federal Credit Union will help you:
- Find the best rate and loan terms
- Get Pre-approved for a loan
- Purchase your first car
- Shop for a car in Anchorage
Why Choose Spirit of Alaska?
- In Business Serving Interior Alaska since 1960
- Experienced Loan Officers
- Support from People in Fairbanks
- Award Winning Service
Local Dealership Partners
Auto Loan Rates
|Type of Loan||Term||APR*|
|New Model Autos, Trucks & Vans**||Up to 60 months. Term based on value of vehicle.||Fixed Rate As Low As 3.75%|
|New & Used Non-Commercial Vehicles†||Up to 96 months. Term based on value of vehicle.||Fixed Rate As Low As 4.00%|
|Classic Vehicles||Up to 96 months. Term based on value of vehicle. Max financing of 75% of value.||Fixed Rate As Low As 5.25%|
|Reconstruct Vehicles||Up to 72 months. Term based on value of vehicle. Max financing of 50-75% of value.||Fixed Rate As Low As 6.15%|
Refer to our Pricing Guide (PDF) for transaction and activity fees, as well as credit union membership fees. A loan processing fee of $35 will be charged per signer. Other loan fees and terms may vary and will be disclosed at the time of the loan verbally and in the loan disclosures.
*APR = Annual Percentage Rate. Current as of 2 December 2022. Up to 100% financing available, some restrictions may apply. Interest rates and terms dependent on credit qualifications. Interest rates on new Non-Commercial Auto’s, Trucks, Vans, Classic and Reconstructed vehicles are subject to change at any time. Loans under $2000 may have substantially higher APR. Optional Spirit of Alaska Protection and GAP Coverage available.
New Model Vehicle Rate
**On Approved Credit. New Model Rate is for new passenger-vehicle models of the current year of the application. Borrower credit score must be 680 or higher and borrower(s) must meet all criteria of an A borrower. No co-signer deals, refinances, or used autos allowed. All approvals must be funded within 30 days. 100% max loan-to-value, prior to fees and back-end, with a max term of 60 months.
Contact the Loan Department at (907) 459-5970 for more detail.
Federal law requires us to verify all identities when opening new accounts. If you are applying with a joint applicant, their consent is implied when the application is submitted with the online loan application.