If you’re considering buying a new hybrid vehicle, Horizon has a New Green Car Loan that offers competitive rates and terms to finance its purchase.
Take advantage of a competitive rate to get you behind the wheel of your new hybrid car.
• Competitive 5 year fixed rate – know exactly what your repayments will be.
• Free redraw on extra repayments.
• Available for new hybrid cars (& electric cars).
• Borrow up to 100% of the purchase price.
• Apply for pre-approval before purchase – know how much you can afford to spend.
• Make extra repayments or pay the loan off early without penalty.
• Apply online or in-person.
• No monthly or annual loan fees.
Horizon Bank has a branch network spanning the NSW South Coast and Illawarra. Horizon Bank branch locations: Albion Park, Bega, Bermagui, Berry, Merimbula, Moruya, Nowra, Thirroul, Ulladulla & Wollongong.
Contact us today to chat to our friendly staff at your local branch.
Hybrid vehicle … Here’s what you can look forward to!
Been thinking about making the switch to an electric vehicle, but range anxiety has you feeling hesitant?
If you’re not ready to go fully electric, then a hybrid could be the perfect stepping stone!
You can drive worry-free, knowing that you’ll always have the safety net of petrol, it won’t leave you out of charge & stranded on the side of the road.
Hybrid cars offer a compromise between electric and traditional petrol or diesel cars, as they run on petrol or diesel and have an electric battery that helps to power the car and reduce emissions.
Most hybrid car batteries are self-charging, so when the car slows down or comes to a stop the kinetic energy that’s captured is transferred to the battery. It will charge as you drive!
There are some hybrid vehicles that require to be plugged in to charge, and this is something to consider when purchasing a hybrid car.
Rising costs of petrol won’t be a problem. Hybrid vehicles that have lower fuel consumption will save you a load of cash. With your car working off both the battery and the petrol, you can go the same distance for less fuel cost.
*The comparison rate & repayment is calculated on a loan amount of $30,000 over a term of 5 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate and repayment amount. Interest rate correct as at 5.4.24. Terms & conditions, fees & charges apply & available on request. Normal credit criteria apply. New Green Car Loan rated 5 stars by Canstar.com.au. Horizon Credit Union Ltd ABN 66 087 650 173 AFSL and Australian credit licence number 240573 trading as Horizon Bank. 27 Stewart St, Wollongong NSW 2500.
