Accessible and Affordable to All
We can help you secure fair and affordable financing for your clean vehicle purchase. Our preferred lending partner, Beneficial State Bank, has committed to providing loans at an 8% interest rate or lower to participants of the Clean Vehicle Assistance Program, as well as to income qualifying participants of Tune in Tune Up, Replace Your Ride, and the Clean Vehicle Rebate Program. You can also get a loan from a lender of your choice or pay for the vehicle in full. If you get a loan, it must have an interest rate of 16% or below to qualify for the grant.
The first step to getting a loan is to complete the online application and verify your eligibility for the Clean Vehicle Assistance Program. If you’re approved for a grant and need more money to cover the total cost of the clean vehicle, you can then apply for loan pre-approval through Beneficial State Banks’ easy online application.
Why should I get pre-approved for a loan?
When you go to the dealership already pre-approved for a loan you are well prepared to bargain for a vehicle within your price range and are less likely to find yourself in an unaffordable payment arrangement. Securing an auto loan ahead of time will get you ready for your clean vehicle purchase and make the process less stressful.
Beneficial State Bank
Beneficial State Bank, our fair and transparent lending partner, provides financing options to help applicants secure a loan to complete the clean vehicle purchase process. You are also free to complete the loan process with a different bank, however if you elect to do so we will need additional documentation.
Once your eligibility has been verified and you’ve been pre-approved for a loan, you’re ready to visit the dealership. The process is kept simple and quick so you can be in your new car in as few as 10 business days.
Apply now for loan approval