- Home
- > Go Green Car Loan
Driving the way forward with a Go Green Car Loan – Special rate of 6.99% APR*
Are you thinking about reducing your carbon footprint, lowering your motoring costs and availing of lower car tax? Maybe you’re considering changing to an electric or hybrid vehicle? Dundalk Credit Union is committed to a sustainable future for all our community and is proud to offer our members our new Go Green Car Loan at a special rate of 6.99% APR.
The Go Green Car Loan is available to members who are purchasing an electric or hybrid vehicle when the loan amount is €15,000 or above. Terms & Conditions apply.
Benefits of owning an electric or hybrid vehicle
- Reduce your Carbon Footprint
- Benefit in kind exempt, T&Cs apply
- Save on Tolls – Since July 2018 there is now a discount scheme for electric vehicles with as much as 75% off toll tag charges on the M50 for example. This could be worth up to €500 a year for daily M50 users.
- Reduced Running Costs
- Motor Tax on a Battery Electric Vehicle is the lowest rate possible which is €120 a year.
Representative Example
€20,000 borrowed over 5 years (60 months) at an interest rate of 6.99% APR* equates to weekly repayments of €90.70 and a total amount repayable of €23,582.92 (cost of credit €3,582.92)
*APR is Annual Percentage Rate, rate is variable.
Dundalk Credit Union Ltd. is regulated by the Central Bank of Ireland.