You now have more options and more ways to save when it comes to picking out a "green" vehicle!
Vehicles that qualify as "green", will receive a 1% lower interest rate than current new or used vehicle loan rates.
It doesn’t get better than that! Since the inception of this program, in late 2006, it has been very successful in
helping members save substantially when they purchased a new hybrid or alternative fuel vehicle. Several changes have
been made that shifts the program’s eligibility from advanced technologies to vehicles that have an increased fuel efficiency.
New Specifications:
"Green Car" eligibility will now be based upon the combined miles per gallon (mpg) rating of the vehicle.
The standard will be a combined rating of 28 mpg.
Both new and used vehicles that meet the combined 28 mpg standard may be financed under the Green Car program.
Used cars will be limited to the current and prior two model years (2007 and 2006).
All hybrid and alternative fuel vehicles are eliminated from the program unless the vehicle meets the combined
28 mpg standard. Some hybrids will continue to be eligible such as the Toyota Prius, Honda Civic and Ford Escape models.
Check out the list of qualifying vehicles, by year that meet the combined 28 mpg standard. If you are interested in a 2009 model year
vehicle, you can confirm the combined rating with a copy of the window sticker or by contacting your local branch or Call Center.
