You get the best car loans when you buy an electric car
Arion Bank wants to do its part, and we do that among other things with green car loans. We know that buying an electric car and other environmentally friendly vehicles is a major investment, which is why we offer more favorable interest rates on loans for environmentally friendly cars. You get the best car loans when you buy an electric car.
Car loan in five minutes – anywhere and anytime
With Arion's electronic application process, you can apply for a car loan anywhere and anytime. The process is completely electronic and open all year round. If you meet all loan requirements, you'll get the loan immediately, regardless of where you do your banking. You can apply for a car loan with us whether it's late in the evening or on a holiday.
You get a 50% discount on the loan fee with us when you buy an electric car. We also offer more favorable interest rates for those who purchase a vehicle that runs on 100% renewable energy and plug-in hybrid vehicles with pollution levels below 50g CO2/KM.
Here you can view different loan terms in a simple calculator on our website. There you can make price comparisons between electric cars, other environmentally friendly vehicles, and gasoline and diesel cars.
How we finance green car loans
All our green car loans are financed with green deposits and green bonds. What does that mean? Well, for example, all funds that our customers deposit into the Green Growth savings account are used to finance green projects, including loans for electric car purchases.
The simplest loan process
Finally, it's worth mentioning that our car loan process is one of the simplest in the country.
It works like this:
You find the right car and contact a car dealership.
The car dealer submits an electronic financing application.
You sign the contract on your mobile phone.
The contract is electronically registered.
Congratulations on your new car!
On our website you can read more about the application process and green car loans.
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