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Top-rated green car loans for your electric vehicle purchase

Georgia Brown avatar
Georgia Brown
- 2 min read
Top-rated green car loans for your electric vehicle purchase

New car sales figures have seen an overall decline for the first time in 11 months, but electric vehicle (EV) sales continue to rise.

According to the latest figures from the Federal Chamber of Automotive Industries (FCAI), 74,650 new vehicles were sold in October, a year-on-year decrease of 8.1 per cent.

FCAI chief executive Tony Weber said it was clear manufacturers were having challenges with supply chains.

“Automotive manufacturers like all those in the global manufacturing sector are dealing with a microprocessor shortage which is leading to longer wait times to get products to market,” Mr Weber said.

“Australians are continuing to purchase vehicles, and car makers are working to deliver products to our shores.”

Despite a drop in overall sales, FCAI reported an increase in EV sales in October, in line with new state and territory incentives for EVs being revealed throughout the country.

More recently, the federal government released details of the first national Future Fuels and Vehicles Strategy, supported by an expanded $250 million Future Fuels Fund investment. Of this, $178 million is set to be rolled out towards the development of EVs and hydrogen infrastructure.

If you’re looking to make the switch to an EV or other low-emissions vehicle or are shopping for a car with a standard petrol engine, RateCity’s car loan leaderboard could help you find some of the most competitive green, new, or used car loan products to finance your purchase.

To get you started with your research, RateCity has put together some of the top-rated car loans for November 2021.

(Rankings are correct at the time of publishing. Please note lenders may trade places on the list as interest rates and fees change and RateCity’s tracker reflects these movements.)

Top-rated green car loans

Top-rated new car loans

Top-rated used car loans

Disclaimer

This article is over two years old, last updated on November 23, 2021. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent car loans articles.

Compare car loans in Australia

6.57%

7.19%

$392

More detailsclick for more details

Australian Credit Licence 488228

Fees & charges apply

Product info
  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured

9.74%

9.95%

$422

More detailsclick for more details

Australian Credit Licence 238293

Fees & charges apply

Product info
  • $3k to $50k
  • 1 to 5 years
  • Variable Rate
  • Secured

10.50%

10.54%

$430

More detailsclick for more details

Australian Credit Licence 240807

Fees & charges apply

Product info
  • $1k to $75k
  • 0 to 10 years
  • Variable Rate
  • Secured

10.70%

11.35%

$432

More detailsclick for more details

Australian Credit Licence 241132

Fees & charges apply

Product info
  • $1k to $80k
  • 0 to 7 years
  • Variable Rate
  • Secured

Product database updated 28 Mar, 2024

This article was reviewed by Personal Finance Editor Alex Ritchie before it was published as part of RateCity's Fact Check process.

Promoted car loans

OurMoneyMarket Services Pty Ltd

New Car Loan

Real Time Rating™

  • $2k to $75k

  • 1 to 7 years

  • Fixed Rate

  • Secured

Interest rate p.a.

6.57%

Comparison rate* p.a.

7.19%

More detailsclick for more details

Australian Credit Licence 488228

Product info
Credit Concierge Pty Ltd

New Car Loan

  • Via broker

  • $10k to $300k

  • 1 to 7 years

  • Fixed Rate

Interest rate p.a.

6.29%

up to 24.99%

Comparison rate* p.a.

7.41%

More detailsclick for more details

Australian Credit Licence 511803

Product info
Credit Concierge Pty Ltd

Used Car Loan

  • Via broker

  • $10k to $100k

  • 1 to 5 years

  • Fixed Rate

Interest rate p.a.

6.80%

up to 24.99%

Comparison rate* p.a.

7.56%

More detailsclick for more details

Australian Credit Licence 511803

Product info
Stratton Finance

New Car Loan

  • Via broker

  • $10k to $250k

  • 1 to 7 years

  • Fixed Rate

Interest rate p.a.

6.52%

up to 18%

Comparison rate* p.a.

6.95%

More detailsclick for more details

Australian Credit Licence 364340

Product info
product data updated on

Product data updated on 28 Mar 2024