Monday, October 13, 2008
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Green Vehicles

Want to improve the environment, get a lower interest rate and get a tax break*, too? We’ve got a great loan for the purchase of new and used vehicles that have a combined miles per gallon (mpg) rating of 28 mpg as determined by the U.S. Department of Energy and published at www.fueleconomy.gov.

For a vehicle to qualify, the mpg rating must be based on 2008 standards, which were adjusted to better reflect the driving habits of consumers. For used vehicles, the U.S. Department of Energy has modified the mpg rating for all prior model years to the new 2008 standard.

Green Vehicle Loan Highlights

  • Rates are 1% lower than current new or used vehicle rates
  • Available on new or used vehicles with a combined 28 mpg rating
  • New vehicles must be prior, current or upcoming model year
  • New vehicles must have 10,000 miles or less
  • Used vehicles must be current or prior two model years
  • Finance up to 110% of the purchase price, MSRP or NADA value
Go Green Today!

*Consult your tax advisor or the Internal Revenue Service (IRS) to find out if your new green or clean fuel vehicle qualifies for a tax credit.

 

MemberConnect
Loan Application
Green Car
Term: Up to 60 Months (new or used)
Payroll Rate: 4.75
Direct Pay Rate: 5.25
Green Car
Term: Up to 72 Months (new car only)
Payroll Rate: 5.00
Direct Pay Rate: 5.50
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