Are you one of the many considering purchasing an electric vehicle? Besides saving on fuel costs and doing your bit for the environment, there’s also another great reason to make the switch to electric – a lower interest rate on your car loan.
Many lenders now offer special ‘Green Car Loans’ for the purchase of new or used electric vehicles, in some cases with interest rates 1% or more lower than that of a standard car loan^.
With so many Australians adopting EVs, along with a great choice of ‘Green Car Loans’, consumers also have a great choice of car brands with a number of new electric vehicles expected to hit the market this year.
Some to look out for include: BMW iX1, Subaru Solterra, Toyota bz4X, Kia EV9 and Volvo EX90*.
Give our asset brokers a call if you’d like to look at some green car loan options for your EV purchase.
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^ Source: Westpac – https://www.westpac.com.au/personal-banking/personal-loans/electric-car-loan/
* Source: carsguide.com.au
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