Meriwest Launches a Discount Rate For Purchasing New or Used Hybrid Vehicles
09/18/06
SAN JOSE, CA, September 18, 2006 - Meriwest Credit Union, one of Silicon Valley's largest financial institutions, is promoting a 0.25% rate discount on any loan for a new and used hybrid vehicle.
"We hope this discount will help members afford to purchase a hybrid vehicle," said Mark Antonioli, Vice President of Lending. "As a community credit union, we feel it is our responsibility to cater to those that are environmentally cautious and contribute to making the world a bit safer to live in."
A hybrid is a vehicle that has both an internal combustion engine and one or more electric motors that operate in unison and/or independently to propel the vehicle. Most consumers want to purchase a hybrid vehicle because they get better gas mileage than regular gas engine cars. The following are other advantages to a hybrid vehicle:- Less emissions due to smaller, more efficient engines
- Fewer emissions that contribute to climate change
- Lower consumption of natural resources
- In some cases, lower maintenance costs
- Longer range between gasoline fill-ups
- Reduced gasoline costs
- High-tech designs and cutting-edge technology
- Saving money on gas and government tax credits
About Meriwest Credit Union
As an established and proactive full-service financial institution, Meriwest is dedicated to making life easier for businesses and families in the San Francisco Bay Area and Tucson, Arizona through personal, convenient and innovative financial services. More information can be found at www.meriwest.com. |
