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The Benefits Of A Car Loan On Environmentally Friendly Cars

By Earnest Younge

With ever increasing fuel prices, filling a 15 gallon of SUV gas tank can be terrifying . This burns of gas fuel and results in damaging car emissions that negatively affect the atmosphere ozone and finally your health.

In terms of the pollution, eco friendly cars generate less harmful gas such as carbon dioxide & carbon monoxide. You might not believe that gases are reason of disease in people who breathe them, these polluted gases affects the artificial respiratory and cardiopulmonary systems.

Bad polluted air causes death, disease especially to children. Excessive inhaled of gases increase the chances of lung cancer as well, so by decreasing these injurious gases we create a healthy living.

Apart from this what are other benefits of using green car?

Green eco cars are in high demand as they are though to have many benefits especially for the environment. Some of best benefits are in terms of taxes and fuel efficiency, so there is more to gain when you buy a green car.

If you own a eco friendly car that runs on electrical energy, you don’t even need to pay for fuel because you don’t use fuel, as a result you can save lots of amount money that you might have spent on fuel

Other benefits is that Go green car loan rewards citizens who drive pollution free, fuel efficient, environmentally friendly vehicles by reducing their car loan interest rates up to 0.50% Annual Percentage Rates.

Interest rates applied on green auto loans are determined according to how eco friendly your vehicle is. Lower pollutions, lower emissions and lower use of oil by the car you want to buy, reduces your interest rate accordingly.

The U.S EPA (Environmental Protection Agency) scores your vehicle based on their greenhouse gas emissions and fuel economy.

And the most eco friendly vehicles receive a discount on purchase of their new or use car loans. You can get the same discount on refinancing your existing car loans. and other auto finance providers knows the importance of pollution free atmosphere and encourages green, earth friendly fuel efficient programs such as Green Car Loan scheme to their customers to bring awareness to environment issues with easy solutions for a greener environment

If you are concern about the environment there are ways of getting a car loan while do this at the same time. Eco friendly car loans are here and the government has issued incentives for purchasing such cars

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Article Citation
MLA Style Citation:
Younge, Earnest "The Benefits Of A Car Loan On Environmentally Friendly Cars." The Benefits Of A Car Loan On Environmentally Friendly Cars. 3 Jul. 2010. 4 Oct 2014 <>.

APA Style Citation:
Younge, E (2010, July 3). The Benefits Of A Car Loan On Environmentally Friendly Cars. Retrieved October 4, 2014, from

Chicago Style Citation:
Younge, Earnest "The Benefits Of A Car Loan On Environmentally Friendly Cars"

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