How do you encourage people not squander precious fuel? While
$4-a-gallon gasoline prices might already be making people think twice, a Charlotte,
N.C.-area credit union is giving consumers another reason to make their next
automobile purchase a little greener: fuel
efficient auto loans.
According to a news release from Truliant Federal
Union, the company’s loans will be available for use toward "any new or used
vehicle, not just hybrids, that get 29 miles per gallon or more on the highway."
And for those motivated by a different type of green, there
are some added perks—the loans offer a .50% rate discount and can be financed
for up to 135% of the vehicle’s total value. That’s social engineering we can
live with. If only they could work in a disincentive for shrill car alarms.
Credit.com offers straightforward tips and advice to help you make smarter financial decisions. Visit Credit.com to sign up for your FREE Credit Report Card and find out where you stand today!
{ 2 comments… add a comment }
Hi this is Philip,the company’s loans will be available for use toward “any new or used vehicle, not just hybrids, that get 29 miles per gallon or more on the highway.
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Philip
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The above thought is smart and doesn’t require any further addition. It’s perfect thought from my side.
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John Assam