Green Auto Loans
Yes! You can keep more green in your wallet when you “go green” with a Green Auto Loan from Nevada Federal Credit Union. We now reward members who drive environmentally friendly vehicles by reducing their approved
auto loan rate by up to .50% APR*. In addition to saving money with a lower rate, if you purchase a hybrid
vehicle, it may also qualify for the new hybrid tax credit… saving you even more money. (Talk to your auto dealer and tax advisor for more information.)
The U.S. Environmental Protection Agency (EPA) scores all vehicles based on calculated greenhouse gas
emissions and fuel economy. The most environmentally friendly vehicles receive SmartWay or SmartWay Elite
designation. Your “green” rate discount will be based on your vehicle’s EPA designation at the time your loan is approved. You can view over 500 2010 Year Model vehicles that fall within this category at:
http://www.epa.gov/greenvehicles/. (Many older model vehicles are also eligible for the “green” discount.)
| EPA Green Auto Designations |
NFCU Green Auto Loan Discount |
| SmartWay |
.50% APR* |
| SmartWay Elite |
.50% APR* |
Get more information about “green” vehicles at Kelley Blue Book.
Visit KBB Green
Call, click or visit your local branch today to apply for a NFCU Green Auto Loan.
*APR is Annual Percentage Rate. Final APR depends on discount applied to current auto rates. Applicable rates depend on collateral, credit
qualifications and term of loan. Green Auto Loan program provides qualifying rate discounts of .50% APR for vehicles designated by the
Environmental Protection Agency as SmartWay and SmartWay Elite. Green Auto Loans require free paperless E-Statements. Existing NFCU loans not eligible for refinance under Green Auto Loan program. New loans and refinance
from another financial institution are eligible.
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