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Green Car Loans

electric car loan


On a mission to reduce your emissions or just wanting to ditch the diesel for something greener?

With reduced environmental impacts, lowering your carbon footprint and reduced running costs many people are opting for Electric or Hybrid Cars. However, the initial outlay can be high either new or even second hand so why not check out your local credit union for a flexible green car loan or submit an online loan enquiry today.

The Credit Union - For You. Not Profit.

Loan Enquiry




Who should apply for a green car loan?

A green car loan is for anyone who is planning on purchasing an electric or hybrid car.


Why Choose a Credit Union?

Because we’re for you, not for profit.

We are owned by our members and we only exist to serve their needs and the needs of their communities.

And for over 60 years, we’ve been helping towns and villages across the island of Ireland to thrive and grow – both through the funds we’ve lent to local people and businesses and the charities and clubs we support every day.

So whether you’re a first time car buyer, or you're trading up to something new, we've got the flexible loan for you. 


What's Different about a Credit Union Green Car Loan?

Unlike some other forms of car finance like Hire Purchase or a Personal Contract Plans (PCP), with a credit union car loan, you own the car from the outset.

There are no hidden fees or charges and definitely no balloon payments or mileage restrictions.

If you want to own the car you're driving and want the freedom to decide when to sell it, a credit union loan may just be for you.


What is the Interest Rate for a Credit Union Green Car Loan?

The average rate charged for a loan to buy a car in the Republic of Ireland is 8.6% APR. Click here to check out our car loan calculator. Many credit unions also offer discounted rates for loans for electric or hybrid cars. Please check with your local credit union for further details. 

And not only that, some credit unions offer a loan interest rebate at the end of the year, making credit union loans even more appealing. Please check with your local credit union for further details.

* For a €/£3,000, 1 year variable rate loan with 12 monthly repayments of €/£266.55, an interest rate of 12%, an annual percentage rate of 12.68%, the total amount payable by the member is €/£3,198.56.

Try Our Car Loan Calculator   >




How do I apply for a Green Car Loan?

All credit unions are different, but many will allow you to apply online or over the phone with many offering quick approval times. Click here for all your frequently asked questions about applying for a green car loan.
If you are already a member of a credit union, simply contact your credit union today. Alternatively, to submit a car loan enquiry to your local or workplace credit union, please click on the Loan Enquiry link below.

Loan Enquiry


Not a Member? Not a Problem!

If you’re not already a credit union member, why not join your local or workplace credit union today? You'll find more details on what you need to join by clicking here.

Or if you can’t remember the last time you used your local credit union, that's also no problem. Credit unions just love to see old friends returning. Just contact your local credit union to find out how to reactivate your account.

Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future. Credit unions in the Republic of Ireland are regulated by the Central Bank of Ireland. Credit unions in Northern Ireland are authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.