Green Car Loan

5.90% (6.06% APR)

  • Use our Green Car loan to purchase a New or Used Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV) or Hybrid Electric Vehicle (HEV) including Home Charging Unit
  • Minimum loan €15,000 / Maximum Loan €75,000 over shares
  • Maximum Loan Term 07 years for both New and Used cars up to 02 years old, 06 years for cars up to 03 years old & 05 years for all other cars
  • Qualifying vehicle must have automatic transmission
  • Motor Dealer Invoice / Proof of Purchase must be provided in advance of drawing down the loan
  • Includes the balloon payment on a qualifying vehicle coming to the end of a PCP contract term
  • Excludes Mild Hybrid vehicles and refinancing of existing Car Hire Purchase (HP) and/or Finance Agreements. However, refinancing available under our standard Car Loan 6.75% (6.96% APR) for this purpose.
  • Proof of income - 3 most recent payslips.
  • 3 months bank statements required for loans up to €40,000.
  • 6 months bank statements for loans in excess of €40,000.
  • Own your car straight away, No mileage restrictions, No balloon payments.
Apply Now

Loan Calculator

Apply for a loan today with interest rates that suit you!

Maximum Loan Amount :
Maximum Loan Term :

€

Term

Repayment Frequency
€
APR
6.06%
# Repayments
Total
Apply for Loan
€
APR
6.06%
# Repayments
Total
Apply for Loan
€
APR
6.06%
# Repayments
Total
Apply for Loan
€
APR
6.06%
# Repayments
Total
Apply for Loan

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

 

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.

Representative Example

A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.

Loan Amount

€30,000

Loan Term

7 years

Weekly Repayment

€100.59

Rate of Interest - APR

6.06%

Cost of Credit

€6,614.58

Total Amount Payable

€36,614.58

* Figures are correct as at May 2025 and are calculated on our loan calculator. Loans are only available for members. If you have any questions about our loans, please contact loans@eastcoastcu.ie
Loans are subject to approval. Terms and conditions apply. East Coast Credit Union Limited is regulated by the Central Bank of Ireland.

Loan Application Process

Become a member and apply for a loan without leaving your home

1

1

Become a Member

Once you are living, working or studying within our common bond you are eligible to join us today and start borrowing

2

2

Calculate your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our online calculator

3

3

Apply for Loan

Apply for your loan from the comfort of your home or in one of our offices. Applying for a loan is easy and quick.

4

4

Sit Back and Relax!

Once your loan is approved we will let you know by phone or text message

Fair Car Insurance

Fair Car Insurance

We want you to stop paying above the odds. Protect yourself and your vehicle with our comprehensive motor insurance policies. Don’t take the risk of driving uninsured.

Always the right cover at the best possible price, every year! Get a quote and safeguard your future on the road.