Auto Loans

Get behind the wheel of the car or truck of your dreams with our low rates!

New & Used Auto Loans

New Auto Loans at OTIS put you in the driver's seat of your financial life with:

Our New Auto Loan rates beat banking industry averages in the state of Maine!
According to the Credit Union National Association's 2017 Membership Benefit Report for OTIS FCU, financing a $30,000 new automobile for 60 months at OTIS will save members an average of $228 per year in interest expense compared to what they would pay at a banking institution in the state of Maine. That's approximately $1,140 in savings over 5 years!(Source: Datatrac, NCUA, and CUNA)

Used Auto Loans at OTIS put you in the driver's seat of your financial life with:

Loan terms and interest rates vary depending on credit score. Add 3% to interest rate for vehicles with over 100,000 miles.

Ready to apply? One of our loan officers will review your request and promptly contact you. You may also stop in or call one of our loan officers Monday through Friday at 897-0900 for more information.

 KarissLoan OfficerExtension 128
Lindsay Loan OfficerExtension 103
Caitlin Loan OfficerExtension 108
Jasmine Loan OfficerExtension 105
Jamie Loan ManagerExtension 124

Please note: If you apply during non-business hours, we will contact you the next business day.

Already have an auto loan?

Refinancing loans from dealerships or other financial institutions is hassle-free and available at no extra cost at OTIS. Start saving today!

Go shopping with a pre-approved check!

Making a dream come true is as easy as writing a check! Shop just like a cash buyer with the convenience of an OTIS Pre-Approved Loan Draft. Either apply in person, or fill out our online loan application noting that you are seeking pre-approval. One of our loan officers will promptly get back to you with a decision--it's as easy as that!

Auto Loan Rates

Cars, Trucks & SUVs

Rates effective 9/25/2020

Loan TermAnnual Percentage RateLoan Calculator
 1 year as low as 1.90% APR Calculate Your Payment
 2 years as low as 1.95% APR Calculate Your Payment
3 years as low as2.00% APRCalculate Your Payment
4 years as low as2.40% APRCalculate Your Payment
5 years as low as2.70% APRCalculate Your Payment
6 years as low as3.00% APRCalculate Your Payment


Apply for a Loan

Apply 24/7, 365 days a year!