Green Auto Discount
A vehicle loan with an additional 0.25 percentage point rate discount for eligible credit union members buying an electric, hybrid, fuel-cell or Tesla vehicle.
Deze mogelijkheid is momenteel in het Engels beschikbaar.
Buy a new or used car, truck or van with a fixed-rate loan from Del-One Federal Credit Union. The Green Auto Discount reduces the annual percentage rate (APR) by an additional 0.25 percentage points for qualifying purchases. You repay the borrowed money with interest; automatic monthly payments are available.
New and used vehicle rates are advertised from 5.38% APR, effective 1 October 2026 and subject to change. This starting rate includes up to 0.50 percentage points of discount for direct deposit or automatic payment from a checking account; automatic payment gives a 0.25 percentage point discount. These account-use discounts cannot take the rate below the lender’s floor rate. Your rate depends on the loan term, down payment and creditworthiness, and on vehicle age for used purchases.
With the optional Express Auto Loan, approval comes before shopping: Del-One gives you a blank check to complete the purchase for any amount up to your approved limit. Conditions and restrictions apply.
Loan payments by debit card or bank transfer (ACH) cost $10 when made in a branch or by phone. Online debit-card payments and online or recurring ACH payments have no charge.
Eligibility
- Buy an electric vehicle, hybrid, fuel-cell vehicle, plug-in hybrid electric vehicle or Tesla. The discount is stated for purchases; this entry covers new or used cars, trucks and vans.
- You must qualify for Del-One membership. One route is an existing member who is your spouse, child or stepchild, parent or stepparent, sibling or stepsibling, adopted child, grandparent or grandchild. Household membership includes people sharing a residence, domestic partners, people who can prove a permanent connection to the household, live-in nannies, domestic workers and foster children.
- Employment can qualify you through the State of Delaware or a listed Select Employer Group. The State route includes full-time, part-time, seasonal, casual and temporary employees, and elected or appointed officials. Check the published employer list for the scope of your group; listed city and town employees and volunteers can qualify, but the Wilmington city group excludes Public Safety employees covered by Wilmington Police and Fire FCU.
- You can also qualify by living, working, worshipping or attending school in Georgetown, Milford, Newark, Wilmington or the West Dover Charter Area.
- If you do not fit those routes, Delaware residents or residents of adjacent bordering counties in Maryland or Pennsylvania may still be eligible through the Del-One Foundation. The eligibility quiz describes joining the Foundation by contributing to it. This is a conditional alternative, rather than automatic membership for everyone in those areas.
- Loan pricing depends on creditworthiness and the other vehicle-loan factors described above.
How to apply
- Status
- Doorlopend open
- Voorwaarden voor deze aanvraagronde
- Fresh applicants can join in a branch with membership eligibility proof, a driver’s licence and a $5 initial deposit, and request a vehicle loan or preapproval.
- The green discount applies to qualifying vehicle purchases; loan pricing depends on creditworthiness and vehicle-loan terms.
Visit a Del-One branch to join and request a qualifying vehicle loan or preapproval. No appointment is needed. New members joining in person must bring proof of eligibility, a driver’s licence and $5 for the initial deposit. Use the membership page to check your eligibility and the branch directory to find opening hours.
Del-One staff can explain the applicable loan fees and terms. To arrange automatic loan payments from another financial institution, complete an ACH Agreement, provide a voided check or bank statement from that institution, and bring a current valid photo ID. Start this payment arrangement in a branch or by calling 302-739-4496.