Looking to juice your EV dreams with a loan, are we? In Australia, EV car loan interest rates typically float between 4% and 9% annually, depending on your credit score, lender, and loan term. New EVs tend to attract slightly lower rates due to manufacturer incentives, while used EV loans might come with a tad higher rates. Expect loan terms from 1 to 7 years, and remember: a bigger deposit can shave some percentage points off your rate. For the latest and greatest deals, have a squiz at ServiceCentral or Tradingpost.
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