Here at Spirit of Alaska, we know that getting an auto loan can be tough and is a big decision. It’s normal to have questions about everything: from the best rate for you, to loan terms and promotions. We work hard to make it easy with simple applications and friendly loan officers.
So, whether you’re interested in purchasing your first car, replacing an older one, or simply getting a better interest rate on your existing automotive loan, our loan officers are here to help. Keep in mind that reconstructed and classic cars are subject to higher interest rates, but we have programs for those too.
Apply now from your computer, mobile phone, tablet, or in person with one of our friendly loan officers. More questions? Contact Consumer Loans at 907-459-5970.
Comprehensive auto loans to help you purchase the vehicle of your dreams
- As low as 7.24% APR* for new and used passenger vehicles, on approved credit.
- Pre-approvals and same-day approvals are available in most cases.
- Up to 96 monthly payments.
- A simple application process for both online and in-branch.
Looking for a better rate on your current vehicle?
Refinance as low as 7.24% APR*
Spirit of Alaska FCU can often refinance your vehicle at a great rate, especially if your credit has improved.
For best rates, the borrower must have A-grade credit. Rate is for New & Used passenger-vehicle models.Apply Now
Absolutely love this credit union! The staff is always so friendly & so helpful. They do a great job servicing our loans & have been extremely helpful when needing to make vehicle purchases, etc. out of town. HIGHLY RECOMMEND!!!Jessica Rady
*Lowest interest rate available, including promotional discount, is 7.24% Annual Percentage Rate, on approved credit. Loan fees and terms may vary and will be disclosed at the time of the loan verbally and in the contract. Financing over the retail or MSRP value may result in a higher APR. See the Rates tab on this page for complete interest rate and fee details.
Auto Loan Rates
Type of Loan Term* APR** New & Used Non-Commercial Vehicles Up to 96 months. Fixed Rate As Low As 6.74% Classic Vehicles Up to 72 months. Fixed Rate As Low As 8.74% Reconstruct Vehicles Up to 72 months. Fixed Rate As Low As 7.99%
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.
*Terms are based on credit qualifications, value of collateral, and amount to finance
**APR = Annual Percentage Rate. Current as of 11 December 2023. 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.
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.
Calculate Your Payment
These calculators do not include loan fees or optional GAP or MRC insurance.
Frequently Asked Questions
Can I get a loan on a reconstructed vehicle?
Yes. However, Spirit of Alaska will only finance 75% of the vehicle’s value, on approved credit.
- What dealerships work directly with Spirit of Alaska?
What are the requirements for proof of insurance?
Make sure that Spirit of Alaska FCU is listed as the lienholder on your insurance policy statement, with an address of:
Spirit of Alaska FCU, P.O. Box 791647 San Antonio, TX 78279-1647
Deductibles for comprehensive and collision should not exceed $500. We do not accept insurance cards as proof of insurance.
I already have an auto loan with Spirit of Alaska. How do I inquire about my insurance coverage?
For inquiries and to change your insurance information, visit www.imcovered.com/spiritofak, or call 866-201-0921. You can also fax your policy to 866-895-2553.
How do you determine the value of a vehicle I want to purchase, for the purposes of the loan?
Spirit of Alaska FCU determines the loan value of a vehicle by Nada Guide estimates at nadaguides.com.
Can I skip a payment on an auto loan?
Yes. If your credit is approved, you can get some financial breathing room and additional flexibility with this special offer. Just let us know which loan payment you would like to skip. Your loan must be up to date. Normal interest charges will continue to accrue, and your skipped payment will be added to the end of your loan term.
How can I find out my loan balance?
You can find all your loan information by accessing e-Teller, our online banking application.
Can I change the loan payment date?
Yes. Come in to one of our branches and our loan officers can help you with changing your payment date.
Can I get my loan payments deducted automatically from my checking or savings accounts each month?
Yes. Come to any of our branches or download and fill out an Automatic Payment Authorization form.
How can I get more loan payment coupons?
Spirit of Alaska can issue loan coupons for a small fee of $5. Call 907-459-5970, come in and see us, or print a blank coupon.
- Can I get a loan on a reconstructed vehicle?