1. Environmentally Friendly: One of the biggest advantage of hybrid car over petrol or diesel powered cars is that it runs cleaner and has better mileage which makes it environmentally friendly. In a nutshell, a hybrid vehicle runs on a twin powered engine (petrol engine and electric motor) that cuts fuel consumption and conserves energy.
2. Financial Benefits: Hybrid vehicles have a number of financial benefits in the form of incentives and fuel savings. The government currently have in place the Electric Vehicle Grant Scheme which encompasses Hybrid Vehicles. Check out the Government EVG Scheme here: https://www.gov.ie/en/service/electric-vehicle-grant-scheme/. And, don’t forget you pay less tax than you do on a standard petrol or diesel car.
3. Less dependence on Fossil Fuels: A Hybrid car is much cleaner and requires less fuel to run which means less emissions and less dependence on fossil fuels.
ECO Car Loan – 6.95% (7.19% APR)
4. Built From Light Materials: Hybrid vehicles are typically built from lighter materials which means less energy is required to run. The engine is also smaller and lighter which also saves you money.
5. Higher Resale Value: With continuous increase in petrol and diesel prices, plus the additional carbon tax, more and more people are turning towards hybrid cars. The result is that these green vehicles have started commanding higher than average resale values. So, in case you are not satisfied with your vehicle, you can always sell it at a premium price to buyers looking for it.
There are many advantages to owning a hybrid car. Quite often, the benefit that people like best is how it helps you to control your budget as petrol and diesel prices continue to get higher. With people becoming more aware of climate change and the impact certain fuels are having on our environment, owning and driving a hybrid car positively impacts the environment.
Thinking of changing to a hybrid or electric vehicle? We now offer a reduced rate ECO Car Loan for Hybrid and Electric Vehicles at 6.95% (7.19% APR). Check out our loan calculator to see what your repayments may be and what you can afford. Alternatively, for further information please contact our lending team on 094 9022969, email us at loans@fccu.ie or drop into any of our branches in Achill, Balla, Ballyhaunis and Castlebar.
Loans are subject to approval. Terms and conditions apply. 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.