Auto Loans

No matter what kind of car is on your wish list, we can help make it a reality. At Southwest Financial, we understand that you may have had some credit challenges and that is okay. We work hard to reward your relationship with us and look for the credit positives. In addition, we offer a variety of terms to keep your payments low.

You can even lower your rate up to 1% APR* and extend your term by six months if you purchase our protection products.

Here are the protection products that our members use the most.

  • Automatic Loan Payment

  • Checking Account

  • Life Protection

  • Disability Protection

  • Guaranteed Asset Protection (GAP)

  • Extended Warranty

  • Dent Guard 

*Each protection product is assigned a fixed discount and/or term extension. Protection products are optional. Rate discount may not be combined with any other offers.

Refinanced Auto Loans

Already bought a new car but didn’t take advantage of our great rates or flexible terms?  Relax, it’s not too late to refinance with us!

We’ll match your current term and beat your existing rate*.  We can save you hundreds, and sometimes thousands of dollars in interest, some restrictions apply.

*Our Beat Your Rate cannot go below our floor rate and must be identical borrowers and term.

Guaranteed Asset Protection (GAP)

In the event that your vehicle is totaled beyond repair or stolen and not recovered, there could be a big difference in what your insurance company pays and what you owe on your loan – and you’re liable for that “gap”.

GAP protects you from the difference between your insurance settlement and your loan payoff. Since insurance companies pay the actual cash value (ACV) of your vehicle in the event of a total loss, it almost never pays off your entire loan balance. By protecting yourself with GAP, you are ensuring that the “gap” between your loan balance and the insurance payoff doesn’t come out of your pocket – it even covers your insurance deductible up to $1,000. Our GAP also covers one skip-a-payment per year up to a maximum of four per loan term. However, it does not cover additional skip a payments, delinquent payments, late charges or additional principal add-ons.

Our GAP also covers two skip-a-payments per year up to a maximum of twelve (12) per loan term. However, it does not cover any additional skip-a-payments, delinquent payments, late charges or additional principal add-ons.

Extended Warranty

We offer Extended Warranty coverage to protect your vehicle – and your wallet – from expensive breakdowns. 

Repairing or replacing car parts is more expensive now than ever. When you add in labor costs, one visit to a mechanic could easily cost more than a year’s worth of car payments. If your vehicle is covered under our extended warranty, these types of repairs could cost you nothing! 

If you are purchasing a vehicle or if the factory warranty on your current vehicle is expiring soon, contact one of our Lending Specialists today. We can provide you with an extended warranty package that will ensure you never have to pay for expensive repairs again.  

At Southwest Financial, our extended warranties include

  • No reimbursement for repairs – covers cost up front

  • Coverage is accepted at most licensed repair facilities

  • Three levels of protection

  • Affordable cost (usually pays for itself in one visit!)

  • Easily financed with your monthly loan payment

  • Fully transferrable – adds resale value to your vehicle

  • Available on most new and used autos

Payment Protection

Financial hardship is one thing your family doesn't need to worry about if unexpected death or disability should occur. With credit life and disability payment protection, your loan is one less worry for you and your family. When you add credit life protection to a vehicle loan, the vehicle can be an asset to your family with a free and clear title.

Credit Life

  • Your family inherits an asset, not a liability

  • Protect your family's credit rating after the loss of income

  • Keep your family at their current standard of living

  • Relieves the co-borrower of any obligation

  • Protects other assets

Credit Disability

  • Loan payments are made for you

  • Hospitalizations not required to qualify

  • Payments do not have to be repaid

  • Benefits are tailored to the amount financed

  • Specific coverage for your Southwest Financial loan, separate from employer-provided plans

    • Typical employer plans pay only 60% of your salary, which is used for other household bills

    • Your loan and your credit are protected with our specific coverage

Dent Guard + ADR (Automobile Deductible Reimbursement)

DentGuard covers dents and dings on your vehicle’s exterior surfaces. Repairs can be performed on dents and dings less than four inches in diameter on metal panels where the paint has not been broken and the dent can be completely repaired using the paintless dent repair (PDR) process.* 

The benefits Southwest Financial’s DentGuard +ADR are

  • Lifetime repair guarantee

  • Unlimited number of repairs

  • No deductibles or out-of-pocket expenses

  • Unlimited ADR usage

  • ADR deductible reimbursement for up to $500

  • Both new and pre-owned vehicles are eligible

  • Transferable coverage** 

If you suffer a loss on any vehicle insured under your automobile insurance policy, the ADR coverage plan from DentGuard + ADR will reimburse you for up to $500, or the amount equal to the deductible limit shown on your current automobile insurance policy, whichever is less on both comprehensive and collision claims. 

The DentGuard + ADR will help your vehicle retain its value for when the time comes to sell it, trade it in, or terminate your auto lease.

*PDR process as determined by the field technician.**A nominal transfer fee and some restrictions may apply.