Clean Air Vehicle Loan

Choose Green Products

You’re ready for a new ride and determined to make an environmentally conscious choice. The Clean Air Vehicle Loan rewards members who choose vehicles that emit less carbon by offering preferential loan rates. There are a few green choices to which these special rates apply:

  • Purchase of a new or used low-CO2 emitting vehicle (list of eligible vehicles)
  • Purchase of a vehicle for the purpose of installing an alternative fuel conversion system
  • Purchase and installation of an alternative fuel conversion system
  • Purchase of motorized or non-motorized bikes, including electric bikes, non-motorized bicycles and scooters.

In all cases, we’ll support your green choice with:

  • Rate of Vancity Prime + 1%¹ for new automobiles, and Vancity Prime+2%¹ for other Clean Air Vehicle loans
  • Lower monthly payments and maximum flexibility, with some loans up to 10 years (120 months)
  • The choice of weekly, bi-weekly, semi-monthly, monthly, or 10-month payment plans to coincide with your vehicle financing pay periods
  • Fee-free scheduled payments from your Vancity account
  • No loan set up fee
  • No penalties to pay off all or part of your loan at any time

To see if the vehicle you’re thinking of buying qualifies for our Clean Air Vehicle Loan, see our eligible vehicle list.

Minimum loan amount $3,000. Normal Vancity lending criteria will apply.

Apply now

Ready to learn more? Visit your nearest Vancity community branch or call 604-877-7000 or toll free at 1-888-Vancity (826-2489) for more information, or apply online.

¹ The annual Percentage Rate (APR) is based on a loan of $5,000 with monthly payments and a 5 year term. APR assumes no fees apply. Rates subject to change without notice.

Vancity Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by Vancity. The interest rate on your loan will change whenever Vancity Prime varies.