Green Car Loan

Green Car Loan

Helping make affordable greener choices for your transport.
  • 6.5% (6.7% APR)
  • Cars, bicycles, motorcycles and home charger units
  • Quick decision

Sustainable transport options made easy with a Green Car Loan

Our loan covers your first electric or hybrid vehicle and also pre owned purchases.  Finance your next drive the greener way.

A great rate of 6.5% (6.7% APR)

Borrow up to €60,000 over a max term of 8 years.

Also covers home charger units, electric bicycles and motorcycles.

Quick decision on loan applications.

Repayment terms tailored to meet your needs.

No penalties for repaying your loan early.

Loan Calculator

Try out our quick and easy loan calculator below

Maximum Loan Amount :
Maximum Loan Term :

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Required Loan Term

Repayment Frequency
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APR
6.7%
# Repayments
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Total Cost
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APR
6.7%
# Repayments
Total
Total Cost
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APR
6.7%
# Repayments
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Total Cost
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APR
6.7%
# Repayments
Total
Total Cost

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.

Loan Amount

€30,000

Rate of interest - APR

6.70%

Loan Term

6 years

Cost of Loan

€6,225.63

Weekly Repayment

€116.11

Total Loan Repayable

€36,225.63

Green Car Loan

Here are some examples of items that are covered with our Green Car Loan

Electric or Hybrid Cars

Home Charger units

Bicycles or Motorcycles

Electric Scooters

Ready to apply?

Great! Applying for a loan couldn’t be easier with our online application process. Alternatively, contact us directly to talk about your application with a member of our friendly team. Even if you are not already a member, we will be happy to discuss your needs with you and look at ways to help. We look forward to hearing from you!

Apply Now Contact Us

Three Great Rates

Which one suits your project best?

A Energy Rating

4.79% (4.9% APR)

Projects which result in a home achieving an A energy rating will attract a loan interest rate of 4.9% APR.

B1 or B2 Energy Rating

5.8% (5.96% APR)

Projects which result in a home achieving a B1 or B2 energy rating will be eligible for a loan interest rate of 5.96% APR.

Transport Initiatives or Projects B3 or below

6.5% (6.7% APR)

Projects which result in a home achieving an energy rating of B3 or below, will be eligible for a loan interest rate of 6.7% APR. This rate also covers Electric Cars, Hybrid, Electric Bikes & Motorcycles and Home Charger Units.

Why choose a loan from Killarney Credit Union?

We specialise in providing a safe place for savings and loans in our community. If you haven't already, why not join our 37,000 strong members and enjoy many benefits including great rates, flexible loans and of course, local friendly service.

  • Quick decision on loan applications
  • Repayment terms tailored to meet your needs.
  • Friendly Local Service.
  • No penalties for repaying your loan early.
  • No hidden fees, transaction charges, or set up fees.
  • As your loan decreases so does your interest repayments.
  • Benefit from Free Loan Protection Insurance. (T’s & C’s apply.)
  • You can apply for and draw down your loan online and in branch.
  • No documentation or arrangement fees.

Everything you need to know

Further Information

Loan Repayment Table
Loan TypeAmountAPR*TermNumber of RepaymentsWeekly RepaymentsCost of LoanTotal Loan Repayable
Previous Table - Green Car Loan 6.5%
Green Car Loan 6.5%€10,0006.70%5 Years260€45.06€1,712.37€11,712.37
Green Car Loan 6.5%€20,0006.70%5 Years260€90.11€3,425.21€23,425.21
Green Car Loan 6.5%€45,0006.70%7 Years364€153.85€10,997.33€55,997.33
New Table - Green Car Loan 6.5%
Green Car Loan 6.5%€20,0006.70%5 Years260€90.11€3,425.21€23,425.21
Green Car Loan 6.5%€30,0006.70%6 Years312€116.11€6,225.63€36,225.63
Green Car Loan 6.5%€50,0006.70%8 Years416€154.09€14,100.21€64,100.21

Typical APR Variable Green Car Loan Rate (6.7% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract.

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

Documentation Required

Completed application form

Simply call to any of our three branches and our staff will be happy to assist you.

Proof of Identity

e.g. passport, driver’s license

Proof of Current Address (issued within the last 6 months)

e.g bank statements, utility bill, social welfare letter, government documents etc

Proof of Income

e.g 3 most recent pay slips or social welfare payment receipts

Proof of PPS Number

Correspondance from Revenue / Department of Social Protection, Social welfare receipts

For Self Employed Members:

Set of accounts (2 recent years), Form 11,Tax Clearance Certificate

Current Bank Statements

may be required (last 3 months)

Credit Card Statements

(last 3 months)

Member may be asked to provide proof of greenhouse emission reduction or improvement in BER rating, proof of works or proof of transport purchase.

Green Car Loan Terms & Conditions
  • The Interest Rate is 6.5% (6.7% APR).

  • Minimum loan €5,000: Max Loan €60,000

  • Cannot be topped up on an existing loan balance

  • Maximum Term is 8 years

  • Member may be asked to provide proof of greenhouse emission reduction or improvement in BER rating, proof of works or proof of transport purchase

  • Standard Loan Terms and Conditions of Killarney Credit Union apply

  • The Board of Directors reserve the right to terminate this loan product at any time

  • A €30,000 Green Car Loan over 6 years at a 6.5% variable interest rate (6.7% APR) has 312 weekly repayments of €116.11 The total amount repayable is €36,225.63.* (figures are for illustration purposes only and do not form the basis of a contract.  Figures correct as at 31.5.2026)

Download the Green Loan PDF Information Leaflet

We have a helpful PDF information leaflet with further information available to download here.

Download our Loan Services Guide

Download our Loan Services Guide - your one-stop guide with information about the loans we offer including repayments, options and what you need to apply.

Become a member today!

Our Loans are open to all members of Killarney Credit Union. If you're not a member of the Credit Union yet, don't worry, our application process is simple and, once approved you can take advantage of the many benefits and services we provide.