What are the benefits of a green car loan?

By financing your low emission vehicle with a green car loan to finance your next car you can reduce your overall cash outlay which you may want to use for other purposes (such as taking a holiday!). If you’re a business, a car loan may improve your cash flow, as well as potentially allowing you to claim a tax deduction for the car (check with your accountant for eligibility).

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Q: What is a green car loan?

A green car loan is a secured car loan that often offers a more competitive interest rate than comparable non-low emission vehicle financing options, rewarding you for helping do your part to lower our environmental impact.

Green car loans for you and the planet

Green is the new black. Literally. Coal is black. Trees are green. And who prefers coal over trees? No thank you! Whether or not you believe the science, climate change is impacting our environment in ways that aren't exactly positive. Think droughts, melting icebergs, rising sea levels... you know, the kind of stuff that apparently only exists in movies?

Our view is simple, what's the downside to doing better and reducing our impact? Probably a better world for our children, and their children, which sounds like a fairly appealing thing if you ask us.

Let us help you help the planet and your back pocket by comparing green loan options by getting a quote today.

What is a green car loan?

A green car loan is a type of car finance specifically for eco-friendly vehicles. Green car loans are different from standard car loans in that they generally come with lower interest rates or certain waived fees.

Every lender may have a different definition of what a green car loan is and a vehicle's eligibility for a green car loan depends entirely on a lender's criteria.