Make a positive impact on the environment through our iCREDIT electric car loans.

Request a call back

Electric Car Loans to suit your lifestyle and budget.

Compare lenders, loans and rates with our straightforward application process.

At iCREDIT, we are deeply committed to promoting environmental responsibility.

That’s why we are excited to introduce our special electric car loan program. Our aim is to inspire you to embrace eco-friendliness while reaping the benefits of reduced rates and exclusive discounts tailored exclusively for electric vehicle enthusiasts. Join us in making a positive impact on the environment and enjoy the rewards that come with it through our iCREDIT electric car loans.

From $5000

Loan Amounts

1 - 7 Years

Loan Terms

Credit Rating Protection

Find out your qualifying rate

without marking your credit file

We’re here to assist you in financing your dream electric vehicle, whether it’s a Tesla you’ve been eyeing for some time or your first venture into the electric car world. With our platform, we strive to streamline your electric car financing process, ensuring it’s as effortless as possible.

As part of our commitment to providing flexible options, you may qualify for a ‘green car’ reduced interest rate for electric car loans. This feature can help reduce your regular repayments, making it even more convenient for you.

Why Choose iCREDIT for Your Electric Vehicle Finance Needs?

Trusted Expertise: With years of experience in the car loan industry, we possess the knowledge and expertise to seamlessly guide you through the finance process.

Customised Solutions: We understand that every electric vehicle owner has unique financial requirements. Our extensive panel of lenders empowers us to create tailored finance solutions that align with your individual circumstances.

Diverse Product Range: Whether you’re looking to electrify your commute with an electric car, we offer finance solutions for a broad spectrum of electric vehicles, ensuring you are well equipped to choose the vehicle of your choice.

Competitive Rates: We can provide you with some of the most competitive rates in the electric vehicle finance industry, making electric vehicle ownership more affordable and sustainable than ever before.

quicker, hassle free lending journey

Experience the ease of our straightforward 3-step process, ensuring you access your funds without delay.

Apply Online

Complete your application online in less than 5 minutes.

Upload 

Upload your supporting documents 

View Offer

Once approved – Review your loan offer and accept online

How much do you want to borrow?

Loan Amount
$5000 $250000
Loan Term
12 months84 months
Interest
7.99%19.99%

Loan Principal Interest

Loan Amount:
Loan Term:
Per Month*:
Int Rate:
Total Interest:
Loading

The car loan calculator provided on this website is intended for informational purposes only. It serves as a guide to help estimate potential monthly loan payments based on the provided input parameters. Please be aware that the actual interest rates and loan terms offered by lenders may vary.

Interest rates for car loans are influenced by several factors, including but not limited to the type of vehicle, the borrower’s creditworthiness, and prevailing market conditions. Consequently, the interest rates applied to your specific car loan application may be higher or lower than the rates displayed by the calculator.

iCREDIT – Your Trusted Partner for EV

Thanks to our extensive lender panel, we’re able to offer you some of the most competitive rates in the EV finance sector. This means that owning an electric vehicle is not only a sustainable choice but also an incredibly cost-effective one when you choose iCREDIT.

Why do people choose us?

iCREDIT stands out as your financing option for several compelling reasons. While not as large as some other institutions, our size allows us to offer distinct advantages to our valued customers.

Lower Overheads, Lower Costs:

Unlike larger institutions weighed down by overheads, iCREDIT operates efficiently, keeping costs low. We pass these savings to you as competitive rates and favorable loan terms.

Personalized Service:

Being a family run business, we prioritise personalized service. You’re not just a number; you’re valued. Our team dedicates itself to understanding your unique financial needs, crafting tailored solutions for your goals.

Quick and Efficient:

Our streamlined processes and committed team ensure you a fast loan approval. We understand the urgency in financing your goals, be it a new or pre-loved electric car or any financial need. iCREDIT strives to provide prompt financial support.

Interest Rates:

Our ability to offer low rates stems from our efficient online model and support from Australia’s largest aggregator. Without the overhead of physical branches, we cut operational costs, passing on savings such as attractive rates or no ongoing fees.

Flexible Financing Options:

Our financing options cater to diverse needs, spanning car loans, personal loans, and business financing. We customise solutions to meet your specific requirements, providing the financial tools necessary to achieve your goals.

Communication & Support:

Our Australian-based support team is ready to assist you at your convenience. Reach out via 1300 350 118, email, or Facebook anytime. Our aim is to fast track your settlement and promptly meet your needs.

TESTIMONIALS

We’ve helped thousands of Australians find their loan.

I’ve used icredit for multiple loans and Scott has been nothing but professional, fast and amazing to work with. Can’t recommend them enough.
Fraser G.
I would like to thank Kim Shelverton for her assistance in getting my car loan.Kim is very friendly and professional it was a pleasure to deal with her.It was easy to get in contact with her no matter the time. I would recommend Icredit if you are looking for a a car loan.
EVA S.
Easy to deal with and very friendly staff. Fast turnaround time getting loans sorted
Daniel J
I cannot recommend Scott from credit enough! This is the second loan in a year Scott has helped me with and I couldn’t be happier with the service he provides.Nothing is too much trouble and my experience both times has been hassle free! Thanks Scott and Team!!
Racquel L.
Excellent customer service and extremely quick with the whole process.
Daniel P.
Friendly, knowledgeable and easy to deal with. Everything advised, you know what you need to provide and updates are provided throughout the process. They will even deal with the dealer direct to save you being the middle man. Approval and documents ready to sign within hours.
Meagan A.
I got my car loan processed and approved super quick, without any issues.AMAZING AND PROFESSIONAL
Eliza C.
Matt at iCredit has been awesome. The application and approval process was easy and very quick and the communication from Matt great.I would highly recommend this Company for their pain free and fast service.
Kerry S.
Highly recommend the team at icredit very helpful with getting a loan.
Amanda B.
Great people to deal with, Scott helped us out so much for a fast result couldn’t be happier
Wayne W.
I can’t recommend Christine at iCREDIT enough. She went above and beyond for us to make sure we got the product we were after. She made the process so easy and at rates better than our bank. Thanks Christine!
Kim D
Emily fromICREDIT was most helpful very easy to contact at all times for any help at any time couldn’t recommend her enough
casey H.
Can’t thank Emily enough, gorgeous person to deal with!! Patient and understanding Thankyou for the lovely service
Kiara T.
Glen Giggins from the icredit team recently helped with the finance for the purchase of our brand new gooseneck through Peaceland Horse Floats and Goosenecks and he was wonderful!!! he made the whole process so easy and went above and beyond to ensure we got the lender that met our needs. Both Glen and the services he provides are Highly recommended
Tahliah P.
Big Thank you to Glen Giggins for helping me refinance my home loan. Thank you for your patience and keeping me informed during the tedious process. I have a much better interest rate and lower mortgage repayments! Cannot recommend Glen highly enough!
Jade L.
Awesome customer service and managed to get me a great rate on my personal loan. Highly recommend contacting the team at iCredit for your lending needs.
Steve W.
A big thank you to Christine. Help me get my new 4WD Patrol within days at a better interest rate than the banks. Simply and stress free process. Cannot thank her enough.
Johnny O.
Julie was professional and easy to talk to from the outset of our enquiry. She understood our needs and did a fabulous job finding the right loan for us. We had approval within hours and settlement within 3 business days. It was an easy and wonderful experience and we would recommend her services to anyone looking for a professional, experienced and skilled broker.
Anieve J
Kim Shelverton made the entire process so effortless and less stressful, nothing was an issue for her, she is very friendly and helpful. Thank you Kim for all your help.
Paul M.
Jay T.
Kim and Scott were so accommodating and helpful and kept things smooth sailing the way through! They were patient and friendly 🙂
Teresa W.
Great service & made so easy. Fast
Rebekah C.
Glen Giggins from the icredit team recently helped with the finance for the purchase of our brand new gooseneck through Peaceland Horse Floats and Goosenecks and he was wonderful!!! he made the whole process so easy and went above and beyond to ensure we got the lender that met our needs. Both Glen and the services he provides are Highly recommended
Tahliah P.
I cannot recommend Christine from iCredit highly enough. I had been dealing with another broker who had done nothing but talk for 2 weeks before I called her. It was a complicated loan because of self-employment and the fact I had borrowed nothing from anyone in 12 years. Christine was onto it asap and got it all done within a week. Everyone happy; No tears.
Rondell J.
I would highly recommend Christine from iCredit. She is extremely professional in her work and always succeeds to beat any other competitors rate. She will go out of her way to listen and care for your needs in a loan. We have used Christine for various loans over the past few years and will continue to do so for years to come. Thanks Christine, you are a true gem!
Nathan
Many thanks to Kim for her prompt and professional service organising finance for a machinery purchase. Nothing was too much trouble for her ,she made the whole process smooth and hassle free. Great job Kim , I will certainly recommend your services to anyone looking to make finance an easy experience
Paul M.
Good afternoon please I don't understand this app again you use auto debt to debt from account the sum of 36920 and you still asking me to pay please Check ur record well
Adekunle A.
Scott from iCredit was fantastic to deal with when we purchased our new horse float. He made everything so easy and nothing was too much trouble. Highly recommend dealing with this company.
Tina R.
Doing business with Kim was a breeze. Kept me informed throughout the process. Highly recommended 👌
andrea M.
Christine at ICredit is Amazing she went above and beyond to help us. I can honestly say i don"t think i have had better service and care anywhere ever! All times of day of night Christine was offering to help. Thank you Christine you made ta stressful process very enjoyable. Thank you , you a are Legend.
Cindy H.
Great service, very prompt from Kim in what was a slightly difficult situation, would highly recommend!!
Jason W.
Christine has been amazing. This time with our car purchase she got approved for us in just 2 days. Always positive and ready to help. Will definitely be going back for a 3rd time when we need help with our next finance request. Thank you so much Christine.
Heather B.
Christine from icredit was the only person i had dealt with that listened to exactly what i wanted, if it wasnt for christine, i wouldnt be driving my car, or be im a better position to be able to buy my first home in the next 2 years. Cant thank her enough and i give her a million stars, only deal with christine
Ethan L.
Very satisfied with the service - the speed of settlement was incredible and puts my bank to shame.Kim is friendly, knowledgeable and determined to make sure that everyone walks away happy from the experience.I'd give 6 stars if I could.
Steve H.
Kim is absolutely fantastic!She always had good communication during the process.Everything was quickNo words for her efficiencies and dedication .Well done Icredit to have such a valued team 😊
Yazmina L.
Thank you very much. Scott is the best
Laura C.
Absolutely awesome company. Scott was amazing, made the process so quick and easy as was always around to help when needed. Got the car I've wanted for ages and in the colour I wanted. 100% recommend when looking to buy a car like I was. Appreciate it Scott!
Molly M.
This is the 2nd time I've worked with Matt. He was recommended to me as he helped someone get a loan who might not have been able to.He's helped me get 2 cars so far and even my dealership was impressed at the speed at which he organised everything and settled the contract.I will continue to use Matt for all vehicle loans.
Ethan H.
Kim is extremely helpful and very good at what she does. Quite happily recommend her.
kellithorpe115
Christine From iCREDIT helped me get the car I wanted, she was so helpful and nice And it was quick, easy and low rate. She is absolutely fabulous at what she does, I highly recommend this lovely lady.
Alirra B.
Kim is a great help, friendly and helpful, makes it a lot easier than doing it alone.I will be using her when ever I need something
adam B.
Shout out and a HUGE thank you to Christine at ICredit. Christine managed to obtain my funding at an incredible rate when I wasn't even sure that I could get approval!!! First loans are difficult when you are young. She process my loan with amazing speed, walked me through the process with ultimate professionalism and dealt with the car dealer, lenders and insurer for me. Christine took away all the stress associated with borrowing money to finance a car and completely took care of everything for me. I cannot recommend her highly enough! If you are looking for finance, contact Christine. You will not be disappointed. Thanks Christine!
Brock L.
Lyn W.
derek S.
Todd B.
Kim was excellent to deal with working with me outside of business hours definitely helped to, will definitely be going back to Kim for any broker needs!
Maxwell B.
Lachlan S.
A big thank you to Christine. Help me get my new 4WD Patrol within days at a better interest rate than the banks. Simply and stress free process. Cannot thank her enough.
Johnny O.
very happy with the service Kim was very nice and very helpful thankyou
Jade R.
Christine was absolutely amazing with helping an making sure everything worked out ! Cannot thank her enough ! ?
sam F.
Big Thank you to Glen Giggins for helping me refinance my home loan. Thank you for your patience and keeping me informed during the tedious process. I have a much better interest rate and lower mortgage repayments! Cannot recommend Glen highly enough!
Jade L.
Christine helped us with our finance & we could not recommend her highly enough she answered every question we had went above & beyond to help us,Will be recommending her to everybody ! Thank you so much christene for the best customer service !
Hayley R.
Christine from iCredit is amazing! She goes above and beyond to help with getting the best interest rates and helps every step of process. Thanks to Christine I have an amazing new horse float and I can’t thank her enough! I wouldn’t hesitate to recommend her to anyone!
Jasmin P.
js_loader

Type of Loans Available

Secured EV Loans

About Secured Loans

Secured loans use an unencumbered asset such as your electric vehicle as security for the loan. A Secured Loan can help in borrowing higher loan amounts as this provides comfort for the bank as it helps reduce their overall risk.

More about Secured Loans

Business EV Finance

About Business Loans

Business Electric Vehicle Finance can offer various taxation benefits for Sole Traders through to Companies & Trusts. Chattel Mortgage, Rent to Own and Leasing options are available. Speak to our finance consultants to find out what product may be suitable for you.

More about Business Loans

Unsecured EV Loans

About Unsecured Loans

Unsecured personal loans offer flexibility with loan terms ranging from 1 – 7 years. Unsecured personal loans can start from $5000 to $60000.

More about Unsecured Loans

Second Chance EV Loans

About Second Chance Loans

We can assist with second chance electric vehicle loans. Whether you have poor credit or default history, we may have a product suitable to your needs.

COMMON QUESTIONS

An electric car loan is a type of auto financing specifically designed for purchasing electric vehicles (EVs). It provides individuals with the funds needed to buy an electric car and repay the loan over a specified period.

Interest rates for EV loans can vary as like most car loans, however there may be qualifying ‘green car’ discounts offered by lenders. It depends on factors like your credit score, the vehicle age, the lender, and the loan term.

Down payment or deposit requirements can vary between lenders, but some may offer zero-down or low-down payment options for electric car loans. It’s best to check with your iCREDIT consultant to understand specific requirements.

Depending on your location, there may be government incentives, tax credits, or rebates available for purchasing an electric vehicle. These incentives can reduce the overall cost of the EV and, indirectly, the loan amount.

Some lenders may allow you to include the cost of charging station installation in your electric car loan, but this can vary. It’s essential to discuss this with your iCREDIT consultant and explore any available options.

Loan terms for electric car loans typically range from 36 to 84 months, depending on the lender and your preference. Longer loan terms may result in lower monthly payments but could lead to higher overall interest costs.

Yes, it’s possible to refinance an existing electric car loan to secure better interest rates, lower monthly payments, or extend the loan term. Refinancing can help save money over the life of the loan.

Penalties for early loan repayment can vary by lender and loan agreement. Some loans may have prepayment penalties, while others do not. It’s important to review your loan terms to understand any potential penalties or discuss the various options with your iCREDIT consultant.

Yes, you can use a personal loan to finance an electric car purchase. However, interest rates on personal loans may be higher than those on dedicated EV loans or auto loans, so it’s advisable to compare your options.

What do I need to apply?

To apply for a loan, you will need to meet some lender requirements

Are at least 18 years old

Permanent resident of Australia or a valid visa holder

Receiving a steady income from PAYG, Self Employment or Centrelink

PROS & CONS OF ELECTRIC VEHCICLE (EV) LOANS

PRO'S

Lower Interest Rates and Incentives:

Some lenders offer lower interest rates and special incentives for electric vehicle loans. These can include reduced interest rates compared to traditional auto loans or discounts specifically tailored for electric cars. Additionally, in some regions, governments or environmental organizations may offer grants or subsidies for electric vehicle loans, further reducing the overall cost of financing.

Environmental Impact:

Financing an electric vehicle can contribute to reducing your carbon footprint and promoting environmental sustainability. By choosing an electric car loan, you support the adoption of cleaner transportation technology, which has a positive impact on air quality and helps combat climate change. Many individuals find satisfaction in knowing that their vehicle financing aligns with their eco-friendly values.

CON'S

Higher Upfront Cost:

Electric vehicles (EVs) often come with a higher initial purchase price compared to traditional gasoline-powered cars. While this cost difference may be partially offset by government incentives and lower operating costs over time, it can still be a barrier for some buyers when it comes to securing an electric car loan.

Limited Charging Infrastructure:

The availability of charging infrastructure for EVs can vary depending on your location. In some regions, access to charging stations, especially fast chargers, may be limited, making it less convenient to charge your vehicle. This can be a concern for EV owners who rely heavily on public charging networks or do not have access to a home charger.

QUICK FACTS

Loans from $5000

Flexible Payment Options

Loan Terms 1 – 7 Years

Low Interest Rates

Fixed Rates for the loan term

Obligation Free Quotes

Does not affect your credit rating

ARE YOU READY?

Get a quote

News, Articles, Tips & Hints