Green Car Loan

APR 7.76% | Variable

As Ireland advances towards a sustainable future, transitioning to electric vehicles (EVs) is becoming increasingly essential. The European Union has committed to ending the sale of new petrol and diesel cars by 2035, a move supported* by the Irish government to meet climate objectives and reduce emissions.

There are many types of electric vehicles on the market today. Get to know your battery electric vehicles (BEVs) from your plug-in electric vehicles (PHEVs) and learn how they work by visiting the SEAI website.

Our Green Car Loan is ideal if you’re thinking of switching to (or upgrading an existing) electric or hybrid vehicle.

*In February 2025, the Department of Transport published an updated National Policy Framework for Alternative Fuels Infrastructure, aligning with the EU's Alternative Fuels Infrastructure Regulation (AFIR). This framework outlines Ireland's commitment to developing the necessary infrastructure to support the transition to zero-emission vehicles, reflecting Ireland's dedication to EU climate objectives.

Representative Example

Loan Amount

€30,000

Loan Term

5 years

Rate of Interest - APR

7.76%

Weekly Repayment

€138.36

Total Interest

€5,972.93

Total Cost of Credit

€35,972.93

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Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.