Best Used and New Car and Truck Loans For Your Colorado Purchase
Looking to spend more time in your new vehicle and less time financing it?
Get pre-approved and skip the hassle of financing at the dealer.
Save time with refreshingly fast approvals.GET YOUR PRE-APPROVAL STARTED
Holly Jolly Holiday Special Offer
Get up to 3% APR off(1) your qualified rate, $300 cash back(2), and 3 months no payments(3) when you finance your car or truck purchase or refinance your current car or truck to On Tap from another financial institution.
HERE'S WHAT YOU CAN EXPECT WITH ON TAP
Speedy approvals and professional guidance from purchase to registration and beyond.
Choose your own term and payment date to fit your schedule.
Safeguard your investment with insurance and enhanced protection.
Have a quote elsewhere? We'll review to match or beat the rate so you can save even more.
Jump-Start Your Purchase In 5 Easy Steps
STEP 1: LEARN WHAT YOU NEED TO SUCCEED
48 Month Term
60 Month Term
72 Month Term
Terms Up To 84 Months Available
Up To 144 Months For Recreational Vehicles And Boats
YOU DON'T HAVE TO CLIMB A MOUNTAIN TO GET EVERY ADVENTURE STARTED
Download our free buyers guide to get your next vehicle purchase on the road.GET YOUR FREE GUIDE
STEP 2: CALULATE YOUR PURCHASE
Take some time to review your budget and consider what you can spend. Be sure to include room in your budget to save for unexpected expenses and maintenance costs.
Already found the vehicle you want to purchase? Check the value here with NADA.
STEP 3: APPLY IN MINUTES AND GET PRE-APPROVED
STEP 5: PROTECT AND INSURE YOUR NEW INVESTMENT
Guaranteed Asset Protection (GAP)Protect your credit and savings by making sure your balance is covered if your vehicle is totaled.
Credit Life and Disability Insurance
Never overpay for auto insurance again.
Frequently Asked Questions
To best prepare for completing your application quickly, we recommend collecting as much of the following documentation as possible in advance. After you have applied, hold on to these documents so you can reference back to them conveniently if needed.
For All Auto Loan Requests and Pre-Approval You Will Need:
Valid Government Issued ID For All Borrowers
Auto Insurance Policy Information
Proof Of Income:
- Two Most Recent Pay Stubs if Employed
- Two Years Tax Returns if Self-Employed
- Award Letter for Social Security or Disability Recipients
After You Are Pre-Approved You Will Need
To Complete A Dealer Purchase or Lease Buyout:
Buyers Order/Purchase Agreement Signed By The Dealership
To Complete A Private Seller Purchases:
A Copy Or Photo Of The Title Front And Back
Valid Government Issued ID For All Sellers Listed On The Title
No, there is no minimum credit score required to qualify! At On Tap Credit Union, we don't put a minimum credit score cap on who we can help. We have options for any score on the spectrum so we can stay focused on crafting solutions around what you can responsibly afford. If your credit is holding you back from accomplishing your goals in life, we'll also help you craft a plan to get your score climbing to new heights.
Guaranteed Asset Protection (GAP) is designed to help protect your credit and savings by ensuring that your loan balance is covered in the event your vehicle is totaled and insurance does not cover the full balance of your loan. Since vehicle values can depreciate quickly, GAP can help to save you from paying out of pocket or rolling negative equity into your next vehicle loan if the actual cash value insurance pays is less than your remaining balance.
Speak with your Financial Advocate to decide if GAP is right for you. If you paid a large down-payment or your balance is well below expected depreciation, you may not need GAP with your loan.
On Tap Credit Union's Loan Protection provides peace of mind that your loans are secure in case of an unforeseen event that could impact your ability to make your payments.
Additionally, our Route 66 Roadside Assistance and Warranty offers convenience and peace of mind when it comes to handling maintenance and covering costs for mechanical breakdown.
If you have your own savings plan to cover maintenance costs and potential interruptions in income, you may not need these items.
Check out our guide for more details about our Loan Protection options.
Learn more about Route 66 and discuss the best option for you with your Financial Advocate when crafting your loan.
Yes, after you receive your approval and select the vehicle you want to buy, you will need to let your insurance company know so they can register On Tap as your financial provider, also referred to as the lien holder. When your loan for your purchase is closed, your insurance company will need to provide us with a declaration page listing On Tap as your lien holder for the vehicle. In the event your vehicle is totaled, this ensures that your insurance company has our proper information in place to pay off your loan.
Additional Resources For Your Purchase
*APR = Annual Percentage Rate. Rates subject to change without prior notice. Rate received based on individual's credit history. Rates quoted are the lowest available rate to our customers with the automatic payment discount. Some rates based on credit score.
**(1) 3% oﬀ your current APR (Annual Percentage Rate) for auto, truck loans from outside On Tap Credit Union. With approved credit. Auto refi floor rate is as low as 1.99% APR. * A $10,000 loan for 60 months would result in a monthly payment of $175.24. Terms vary by vehicle type and amount financed. Loan qualification and (APR) Annual Percentage Rate based on individual credit worthiness. Not all borrowers will qualify for the best rate and terms may vary on amount financed. Rates are subject to change. Rate discount & $300 valid on loans over $7,500. (2) 3 months no payment is equal to 90 days no payment & interest will accrue from date of loan closing. $300 to be deposited into savings account within 30 days of closing. Oﬀer available on purchase or reﬁnanced amount only, NO CASH OUT and expires December 30, 2021. OTCU membership of $5 is required. OTCU reserves the right to withdraw this oﬀer at any time without notice & current OTCU loans not eligible for oﬀer. Federally Insured by the NCUA