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Australia’s Lowest-Rate
EV Loans

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Low Rate Electric Vehicle Loans in Australia

Our expert financial advisors are able to secure finance for you at the lowest rate in the market.

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Comparison rate 6.66%

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Electric Loans
Electric Vehicle Loans 2
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green-tick Best rate found 5.54%

Let’s get you on the road

Electric Loans are the fast-moving, forward-thinking experts in EV loans. Our team specialise in helping Australian’s secure the right loan at the lowest possible interest rate.

No matter what make or model of EV you’re looking to buy, Electric Loans have the experience and access to a vast number of financing options to find the right solution for you. We’ll take the time to understand your personal situation and get you fast approvals so you can get on the road sooner, with the best rate EV loans in Australia.

We compare hundreds of EV financing options to save you time and money and offer finance for new, used, and private sale, for business or personal use.

What could you borrow?

We are the best rate finance broker in Australia, and we’re here to help. Contact us and find out how we can achieve electric results in electric time.

Our quotes are fast, accurate and won’t affect your credit file. We achieve the lowest rates in record time.

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Why choose us

Best Rates
Best Rates

We have access to a vast range of finance products, and the knowledge to know which ones to suggest for you.

Fast Approval
Fast Approval

We’ll make sure your loan is approved as fast as possible, so you can drive away even sooner.

Buyer Freedom
Buyer Freedom

Purchase your Electric Vehicle new, used, or through a private sale, with a wide range of financing options.

Experienced Advisors
Experienced Advisors

Our financial advisors have decades of combined experience to assist you with finding the best option for you.

Additional Information

*The comparison rate shown is for a secure loan amount of $30,000 over a term of 5 years based on monthly repayments.

Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Approval is subject to customer profile and lender guidelines.

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What sets us apart?

At Electric Loans Australia we aim to make electric vehicle loans as painless as possible. We’re here to make the process easier.


Find answers to commonly asked EV loans related questions.

The short answer is yes. Electric vehicles are much cheaper to run when compared to that of petrol or diesel cars. Fuel and oil costs have only been increasing of late and more and more people are making the switch to pure EV and hybrid vehicles. Electric vehicles offer substantial savings in relation to running costs, the money saved from frequent visits to petrol stations (approx 70%) and also expensive service & maintenance costs. (approx 40%)

Electric vehicles don’t have an engine that requires fuel so therefore they have fewer moving parts than fuel powered vehicles. They don’t need to be serviced as often, there is no oil to change and there aren’t as many expensive parts such as fuel & exhaust systems.

Imagine never having to visit a petrol station ever again to fill your car up. Just plug it into a charging point when the battery needs to be recharged. Much like a mobile phone.

Compared with the price of fuel, the cost savings are significant. 

If you are in the market for an electric vehicle make sure you check out our article on green loans which can be found by clicking here:

There are various electric car models now available in Australia. As they become more and more popular there is greater demand for EV’s now more than ever. 

Some common models of EV’s available in Australia are:

  • Tesla Model S
  • BMW i4
  • Hyundai Kona Electric
  • Jaguar I-Pace
  • Kia EV6
  • Polestar 2
  • Mercedes-Benz EQC
  • Nissan Leaf
  • Audi e-tron
  • Mini Cooper SE
  • Volvo XC40 Recharge Pure Electric
  • BMW iX
  • Kia Niro Electric
  • MG ZS EV
  • MG 4
  • Mazda MX-30 e35
  • Hyundai Ioniq Electric
  • Tesla Model X
  • Mercedes-Benz EQA
  • BMW iX3
  • Hyundai Ioniq 5
  • Porsche Taycan
  • Tesla Model 3
  • Lexus UX300e

Absolutely, for clients and customers looking to purchase an electric vehicle we have tailored solutions and some of the best rates here in Australia. To find out more information about our electric car loans please visit:

According to the department of transport The Department of Transport calculates EVs will make up 27 per cent of sales by 2030 (,Jafari%20told%20Sky%20News%20Australia.)

So it is safe to say that we are still a while off from seeing the market domination of electric vehicles. However the Australian Government predicts that by 2050 that up to 90% of vehicles on the road will be electric.

Apart from the fuel savings, having less serviceable items and convenience of home charging another major benefit is also the reduced impact owning an EV has on the environment.

There are many options that we have available to you for an electric car loan. Each option is specifically tailored to your personal situation.

We offer secured electric car finance, equipment finance and business loans.

As each person's situation is different the best thing to do is speak with one of our expert electric vehicle finance brokers and we can run you through the different options available to you. The good news is that we offer low rates and have fast approvals which means you could be in your dream electric car faster than you think.

Each lender we have access to does vary slightly, however most loan terms are between 1-7 years and often lenders offer facilities where you can make extra repayments on your EV loan. Most lenders offer flexibility on payment frequency and you can choose either weekly, fortnightly or monthly repayments. As each lender's criteria is different the best thing to do is speak with one of our expert brokers and we can pair you up with a lender that suits your needs.

Absolutely, many of our customers opt for getting pre-approved prior to purchasing an electric vehicle. Not only does it give you confidence whilst you are car shopping but it also significantly speeds up the process. For more information on pre approvals please contact our expert team.

We can help getting you approved

For the best rate finance broker in Australia, contact Electric Loans – the forward-thinking finance experts.

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