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Save pocketbook green when you "go" green. Columbia Credit Union rewards members who
drive environmentally gentle autos by reducing their approved auto loan rate by up to 0.50% APR. |
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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 SwartWay or SmartWay Elite designation. Your rate discount is based on your vehicle's EPA designation at the time your loan is approved.
Make a difference with cutting-edge or conventional
Nearly one third of the pollution in the U.S. is caused by tailpipe emissions from cars and trucks, according to the EPA. But you can reduce your impact by choosing a SmartWay or SmartWay Elite vehicle. For example, Toyota boasts that its Prius emits 70 percent less pollutants than the average new vehicle. And many conventional cars, like the Volkswagen Jetta and Chevy Tahoe, can qualify for SmartWay designation.
Go electronic; go green
To qualify for the E-Go loan discounts, you must also meet these E- (electronic) requirements, which extend the E- (environmental) impact.
- Save paper by opting for electronic statements instead of paper
- Save paper by setting up automatic payments from a Columbia checking account
Refinance to save even more
Combine savings from our E-Go Green Auto Loan and special refinancing offer to reduce your rate from another institution.
Check out our Sustainable Learning Center for tips on green driving habits and education about current fuel alternatives.
APR=Annual Percentage Rate. Accurate as of 6/24/08. Rates range from 4.99% APR to 16.99% APR depending on discount applied. Applicable rates depend on collateral, credit qualifications and term of loan. E-Go Green Auto Loan program provides qualifying rate discounts of .25% APR for vehicles designated by the Environmental Protection Agency as SmartWay and .50% APR for vehicles designated as SmartWay Elite. E-Go requires free paperless, e-statements and automatic payment from a Columbia checking account. Membership required to borrow.
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