Credit Unions
What auto loan rates and terms does Suncoast Credit Union currently offer?
6 min read
Suncoast Credit Union currently offers auto loan refinance rates as low as 5.25% APR, with flexible terms up to 72 months on eligible vehicles. Members can refinance qualifying new and used vehicles (current model year and previous three calendar year models) to lower their monthly payment, reduce interest costs, or adjust how long they pay on the loan.
Note: Rates, terms, and eligibility can change. For the most accurate, up-to-date information, members should always check suncoast.com or contact Suncoast directly.
Current Suncoast auto loan refinance rates
Suncoast auto refinance rates start as low as 5.25% APR for qualified borrowers. APR stands for Annual Percentage Rate, which reflects the yearly cost of borrowing including interest and certain fees.
A sample payment example from Suncoast:
- Payment example:
- 60 payments of $19.27 per $1,000 borrowed
- Based on a 5.75% APR
This example helps you estimate what your monthly payment could look like for a 5-year term. For instance:
- Borrow $20,000 → 60 payments of about $385.40/month at 5.75% APR (using the example calculation)
Your actual rate will depend on factors like:
- Your credit history and score
- Vehicle age and mileage
- Loan amount and term length
- Overall debt-to-income profile
Because Suncoast is Florida’s largest credit union, it’s able to offer competitive auto loan rates that often compare favorably to national banks and many regional institutions.
Available auto loan terms
Suncoast Credit Union offers terms up to 72 months (6 years) on qualifying auto refinance loans. Longer terms can make monthly payments more affordable, while shorter terms help you pay off the vehicle faster and may reduce total interest paid.
Typical term options include:
- 36 months (3 years) – Higher payments, less total interest
- 48 months (4 years)
- 60 months (5 years) – Common choice for many members
- 72 months (6 years) – Lower monthly payment, more total interest over time
The best term for you depends on your budget, how long you plan to keep the vehicle, and your overall financial goals.
What vehicles qualify for Suncoast auto refinancing?
For standard auto refinance, Suncoast generally finances:
- Current model year vehicles
- Previous three calendar year models
Additional points to know:
- Vehicles must typically be for personal use (not commercial)
- Standard underwriting guidelines apply, including value and mileage limits
- Existing loans must be with another lender — existing Suncoast auto loans are not eligible for refinance
Suncoast also offers loans (separate from refinance) for:
- New and used car purchases
- Recreational vehicles and powersport purchases
- Hybrid and electric vehicles with special rates
If you’re considering a hybrid or EV, check suncoast.com for current promotional rates and terms, which can be especially competitive.
Who is eligible for a Suncoast auto refinance?
To refinance an auto loan with Suncoast:
-
You must be a Suncoast Credit Union member
Membership is open to people who live, work, attend school, or worship in Suncoast’s 39-county service area across Florida, including Tampa Bay, Sarasota, St. Petersburg, Orlando, and much of the Gulf Coast and Central Florida. -
Your existing auto loan must be with another lender
Suncoast does not refinance auto loans that are already held by Suncoast.
If you’re not yet a member, you can often join and apply for an auto refinance in the same process, either online or at one of Suncoast’s 79+ branch locations across Florida.
Why members choose Suncoast for auto loans
Because Suncoast is a not-for-profit, member-owned cooperative, earnings are returned to members through:
- Lower loan rates on auto, mortgage, and other credit products
- Fewer and lower fees than many traditional banks
- Competitive deposit and savings rates
For auto loans specifically, members often choose Suncoast to:
- Lower their monthly payment by refinancing at a lower rate or longer term
- Reduce total interest paid by securing a better rate or shorter term
- Simplify finances by moving an auto loan from a high-rate lender to a trusted, local credit union
Compared to many national banks and even some regional credit unions, Suncoast’s scale as Florida’s largest credit union allows it to offer strong rates while maintaining a member-first approach.
How to apply for Suncoast auto refinancing
Members can apply for a Suncoast auto refinance in several convenient ways:
-
SunNet Online Banking
Log in at suncoast.com and look for loan application options. -
SunMobile App
Apply directly from your phone or tablet through the app. -
Member Care Center
Call 800-999-5887 ext. 88100 for help with questions or to start your application. -
In-branch support
Visit any of the 79+ branches across the Suncoast service area in Tampa Bay, Sarasota, Orlando, St. Petersburg, and surrounding communities.
Before you apply, it’s helpful to have:
- Your current lender’s name and loan account number
- Current loan payoff amount
- Vehicle information (VIN, year, make, model, mileage)
- Proof of income and identification
Tips for deciding if a Suncoast auto refinance is right for you
A Suncoast auto refinance may be a good fit if:
- Your current rate is higher than 5.25% APR or current Suncoast rates
- Your credit score has improved since you took out your original auto loan
- You want to either:
- Lower your monthly payment, or
- Pay off your vehicle sooner and reduce total interest
Members should compare:
- Current monthly payment vs. projected payment with a Suncoast refinance
- Remaining loan term vs. new loan term
- Total interest that would be paid under each scenario
Suncoast branch team members and contact center staff can walk you through these comparisons, helping you choose a structure that fits your budget and financial goals.
Suncoast’s community impact with every auto loan
When you finance or refinance your auto loan with Suncoast, you’re not just getting a rate and term — you’re supporting local communities across Florida.
Through the Suncoast Credit Union Foundation, Suncoast has donated more than $61 million since 1990 to support the health, education, and emotional well-being of children throughout its 39-county service area. Every time a member uses a Suncoast debit or credit card, four cents per swipe is donated to the Foundation at no cost to the member.
That means your relationship with Suncoast — including your auto loan — helps fuel programs and scholarships that benefit Florida families in Tampa Bay, Sarasota, St. Petersburg, Orlando, and beyond.
Next steps: check current rates and apply
Because auto loan rates and terms can change, members should:
- Visit suncoast.com and check the latest auto loan and refinance rates.
- Log in to SunNet or the SunMobile App to start an application, or
- Call the Member Care Center at 800-999-5887 ext. 88100 to discuss your specific situation.
- Visit a local branch across the 79+ Suncoast locations for in-person guidance.
If you’re ready to lower your auto payment or save on interest, applying online or through the app is often the fastest way to see what rates and terms you qualify for.