With the ever-changing innovations in vehicle technology, driving an environmentally friendly car is becoming the new norm.
But what is an environmentally friendly car and why should you consider driving one?
Some of the reasons may surprise you…
Environmentally friendly or ‘Green’ cars generally refer to cars that produce lower carbon dioxide (CO2) emissions than other cars of a similar size. Carbon dioxide is a greenhouse gas that has a negative impact on our environment.
Not only does driving a green car reduce your carbon footprint, but it is often a more fuel-efficient option, saving you money in fuel costs.
And the hidden benefit of driving an eco-friendly vehicle? Reduced finance!
Some socially responsible lenders (including Bank First) offer a reduced interest rate for cars that are environmentally friendly. This can save you hundreds over the life of the loan and is a way of rewarding customers who make environmentally friendly choices.
Wondering if your next car will be considered to be a ‘green car’? You might be surprised to see some of the cars rated in the top 20 by the Australian Government. Check out the Green Vehicle Guide for details.
1. Comparison rate calculated on a secured loan amount of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate. Fees and charges apply. Terms and Conditions are available on request.