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Why get an Electric Car Loan through Finance Barn?
Save time
Easily compare electric car loan options without jumping through hoops.
Personalised Offers
See loan options tailored to your income, car model, and credit profile. EV do get special rate discount from certain lenders.
Fast Online Process
Apply in minutes and get matched with real offers. Everything is handled online.
Help at Every Step
From application to EV handover, our team is here to make the process smooth.
What You Can Expect from a Finance Barn Electric Car Loan
Borrow up to $300,000
Loan terms from 1 to 7 years
Fixed or variable interest rates
New or pre-owned electric vehicles
Government rebate-friendly
No deposit required
Green loan options available
Early repayment flexibility
Am I eligible for an Electric Car Loan?
Eligibility depends on your financial situation and the type of electric vehicle you’re planning to buy. Most lenders look for
Australian residency or valid visa
Credit Score and History
Proof of Income
Employment History
A valid driver’s licence
We can help even if you had issues with credit in the past
Credit Score
Lenders look at your credit history to understand how you’ve managed repayments in the past.
Vehicle Type
Fully electric vehicles may be eligible for better rates compared to hybrids or petrol cars.
Income Stability
A steady income from work or business helps show that you’re in a good position to repay.
Existing Debts
Lenders check your current financial commitments to make sure you can comfortably afford a new loan.
Green Incentives
Some lenders offer better rates for EVs to support clean transport and sustainability.
Government Rebates
If you're eligible for EV rebates or subsidies, you’ll need to apply for those directly. Your loan can still be structured to work alongside any approved incentive.
In our Electric Car Loan Guide