Electric vehicle loans charged and ready to go.

Thinking about making the switch to electric? We help arrange electric vehicle loans suited to your situation.

Approval is subject to responsible lending inquiries.

Electric Vehicle
Ways to borrow

Electric Vehicle Loans – How it works

An electric vehicle loan works just like any other vehicle loan - but it's tailored to the unique costs of going electric. Whether you're buying new or picking up a quality used model, we'll assess your situation and work to match you with a suitable lender. Clear guidance, no fuss.

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Loan Term

Choose a repayment period that suits your lifestyle - from a quick one-year term to a more relaxed five-year plan.

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Loan Amount

From entry-level EVs to premium electric vehicles, loan amounts are tailored to your needs and borrowing capacity. Subject to lender criteria and approval.

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Loan Repayments

Weekly, fortnightly, or monthly - pick the schedule that matches your cash flow.

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Loan Interest Rates

Rates are personalised based on your credit history and loan details. See Loan Information below.

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Loan Fees

Upfront and ongoing fees spelled out clearly before you proceed. 

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Guided from start to finish

We keep you in the loop at every stage - clear guidance from your first enquiry through to lender approval. Subject to eligibility, lender criteria, and affordability tests.

$15,000
48 months
10.95%

Electric Vehicle Loan Calculator

$93

Weekly Repayments

$404

Monthly Repayments

$19,392

Total Amount Repayable

The repayment amounts shown include Establishment and Introducer fees totalling $640 and a PPSR Fee of $8.05. These fees are examples only and they exclude ongoing fees. The actual fees charged may vary based on your circumstances and the chosen lender. For more about lender fees, click here.

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EV Finance Experts

Real people and solid advice – no finance speak or confusing jargon.

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EV Loans that fit

Finance your electric vehicle with a loan matched to your situation and the lender's criteria.

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Simple. Sorted.

We do the heavy lifting so you can keep moving.

We help Kiwis turn "Thinking About It" into "Plugged In."

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Start online

Tell us what you need - our online application is straightforward and takes just a few minutes to complete.

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We do the searching for you 

We assess your situation and work to match you with a suitable lender from our panel, based on your circumstances and the lender's criteria.

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Get on the road

Once your lender approves your loan and everything is finalised, you're ready to go. Subject to eligibility, lender criteria, and approval.

EV finance, sorted

An electric vehicle loan lets you spread the cost of your EV over time with regular repayments - so you don't have to pay it all upfront. Whether you're after a practical everyday EV, a plug-in hybrid, or a premium electric model, we'll assess your situation and work to match you with a suitable lender. Subject to eligibility, lender criteria, and approval. 

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FAQ

Electric Vehicle loans - the details
Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

How much can I borrow for an electric vehicle loan?

Loan amounts typically range from $3,000 to $250,000 or more, depending on your financial profile and the lender's criteria. The value of the EV, your income, and your credit history will all play a part in determining how much you can borrow. Lending is subject to approval and lender criteria.

Are interest rates different for electric vehicle loans?

Not necessarily - electric vehicle loans are assessed much like standard vehicle loans. Your rate will be personalised based on your credit history, income, and loan details. In some cases, lenders may view EVs favourably given their resale values. Subject to lender criteria.

How does the application process work?

Our process is designed to be straightforward. Once you've submitted your application and provided the required documents, we assess your situation and work to match you with a suitable lender from our panel. Timeframes can vary depending on the complexity of your application and the lender's requirements. Subject to approval and lender criteria.

Can I get an electric vehicle loan with bad credit?

We work with lenders who look at the full picture, not just your credit score. If you have a steady income and meet responsible lending criteria, there may be options available. Interest rates may be higher for lower credit profiles, but getting started and keeping up with repayments can also help rebuild your credit over time. All lending is subject to eligibility, lender criteria, and approval.

Do I need a deposit for an electric vehicle loan?

Not necessarily - many lenders will finance up to 100% of the vehicle's value. However, putting down a deposit can strengthen your application, reduce your loan amount, and may help you get a lower interest rate. Subject to eligibility and lender criteria.

Loan Information


Fixed interest rates for vehicle loans range from 7.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. Fixed interest rates for personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required and the security provided.

Fees apply, including an establishment fee of up to $350 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $10,000 over 24 months at 9.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $11,627 which is 24 monthly payments of $485. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer. See more about lender fees here.

Approval is subject to meeting lending criteria, and affordability test applies.
Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.