Electric Car Loans

Drive every dollar further with competitive EV financing from Pepper Money - at a low 2.99% p.a. comparison rate^.

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Financing your EV just got easier.

You've decided to embrace the electric revolution, and we're ready for the drive with you.

That's why we've packed our car loan with features for electric vehicle owners. You'll get an industry-leading fixed interest rate of just 2.99% p.a. comparison rate^, zero ongoing monthly fees*, and a host of soon-to-be-announced benefits that'll make you love driving an EV even more.  

What you get with Pepper Money Electric Vehicle Loans

Industry-leading interest rate
Industry-leading interest rate

At 2.99% p.a. comparison rate^, our fixed-rate EV loans are good for the environment and good for your finances.

No deposit or ongoing fees
Zero monthly or ongoing fees

We like our fees like your emissions: zero. That means the option of no deposit, and we don't charge any ongoing monthly or ongoing fees*. 

Electric vehicle finance
Plugged in to the future

We finance 1 in 6 EVs sold in Australia~ and were awarded 2021 non-bank of the year.  We're committed to a sustainable future.

What electric vehicle are you looking at?

I'm Buying a Tesla I'm Buying Another EV Brand

Our EV financing at a glance

Interest Rate

Fixed interest rate of 2.99% p.a. comparison rate^.
How to Apply

If you're purchasing a Telsa, you can apply online. Otherwise, send us an enquiry and we'll get back to you within one business day.
Who can Apply

We finance EVs for private, sole trader, and company applicants. Balloon options are available.
Loan Term

12 - 84 months
Loan Amount

You can finance the full purchase of your electric vehicle (up to $300,000) starting with $0 deposit. 
EVs we Finance

You can finance any brand of electric vehicle with us; it can be new, used, or a dealer demo.
Repayment Frequency

Weekly, fortnightly or monthly
Repayment Facilities

Direct Debit from an Australian bank account
Fees and Charges
  • Loan establishment fee | $0
  • Account administration fee | $0
  • Security registration fee | $6

Other fees apply including early repayment, default, and discharge fees. We may also pass onto you any third-party enforcement or recovery costs incurred by us.

All applications are subject to Pepper Money's credit assessment and loan eligibility criteria.

Ready to take the next step?

Tell us about the EV you're looking at financing, and one of our lending specialists will reach out within one business day.

If you're buying a Tesla, you can apply online »

Minimum finance amount is $5,000.

 

Personal information is collected, used, and disclosed in accordance with Pepper’s Privacy Policy. 

Important Information

Information is valid as at 7 December 2021, and subject to change at any time. All applications are subject to Pepper Money’s credit assessment and loan eligibility criteria. Terms, conditions, fees, and charges apply.  This is factual information, not a financial recommendation or tax advice. If you need advice, get in touch with a licensed financial or tax adviser

* Early repayment and discharge fees apply. We may also pass onto you any third-party enforcement or recovery costs incurred by us.

~ Annual Electric Vehicle Sales published by Electric Vehicle Council “State of Electric Vehicles 2021”

^ All comparison rates are calculated based on a secured loan of $30,000 over a 5 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate.

Pepper Money Limited ABN 55 094 317 665; AFSL 286655; Australian Credit Licence 286655 Pepper Asset Finance Pty Limited ACN 165 183 317 Australian Credit Licence 458899 is the credit provider for asset finance loans.