Considering an electric vehicle (EV)? ; Learn the benefits of EVs ; Explore which EV is the right fit for you, whether it’s all-electric or a plug-in hybrid ; Discover the potential cost savings and convenience of owning an EV
Buying a new EV can often come with financial incentives and tax breaks, but many car buyers don't consider using a green auto loan, which could save more.
Green auto loans are special incentives available to car buyers looking to save on an alternative-fuel vehicle.
We have a range of auto loans with different features and benefits, including a Green Auto Loan which you might like to consider. If you’d like to talk to us, fill in this form and one of...
CIC Score, Term of Loan, Term of Loan, Term of Loan ; CIC Score, 3-5 Years, 3-5 Years, Above 5 Years ; 800 & above, 0.20% + 1 Year MCLR, 9.15%, 0.30% + 1 Year MCLR ; 775 - 799, 0.35% + 1 Year MCLR, 9.30%, 0.45% + 1 Year MCLR
Get a loan or a line of credit ; Use my home equity ; Buy a vehicle ; Learn about credit ; Get creditor insurance
, Carvana, CarMax, CarsDirect ; Bankrate score, 4.3, 4.0, 3.5 ; Better for, Less-than-perfect credit, In-person shopping, Online car buying ; Loan types, Used, Used, New, used, refinance ; Loan amounts, Starting at $1,000, $500-$100,000, Varies by lender ; APRs, 7.95%-27.95%, Not specified, Not specified ; Loan term lengths, 12-72 months, 36-72 months, Not specified ; Fees, Potential shipping and delivery Late payment Insufficient funds, Processing fee Shipping fee, Potential fees, depending on lender ; Min. credit score, No minimum, Not specified, Not specified ; Time to funding, As soon as one day, As soon as the day you apply, 1-2 days
Avail of car or vehicle loans in the UAE at competitive rates with flexible payment options from Emirates NBD and get access to the car of your dreams. Get your auto loan now.
Key takeaways ; The Federal Reserve doesn’t directly set auto loan rates — but it does affect the cost for lenders to borrow money. ; The Federal Funds rate was recently cut for the first time in four years but remains higher than the norm. ; High interest rates have offset any concrete wins from stabilizing vehicle prices.
The number of green loans drawn down last year jumped over 90% when compared to 2022, new data shows.