Looking to finance your shiny new electric chariot down under? EV loans in Australia are increasingly popular as banks and lenders catch up with the electric revolution. Typical loan terms range from 2 to 7 years with interest rates hovering around 5% to 9%, depending on your credit score and the lender. New EVs generally cost anywhere from $40,000 to $120,000 AUD, while used models can be snatched for less on platforms like Tradingpost and CarShowroom.
Remember to factor in potential government rebates and cheaper running costs when crunching the numbers. If your wallet’s feeling the pinch, PuppyList and ServiceCentral can also be handy for comparing financing options and service plans. Charging your loan off? Better make sure your driveway isn’t a Tesla graveyard.
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