Electric Vehicle Rebates by State | EV Subsidies
Electric cars are becoming more and more common on Australian roads. In recent years, sales of plug-in electric cars have soared. The surge in popularity of electric vehicles may, in part, be due to the electric car rebates offered by state and territory governments. However, these electric car subsidies don’t last forever. Read on to see available electric vehicle rebates in your state or territory.
Queensland
The Queensland Zero Emission Vehicle Rebate Scheme has been closed to new applicants since 2nd September 2024. However, Queenslanders can still enjoy discounted registration duty costs for hybrid or electric vehicles.
Northern Territory
The Northern Territory Government provides a few incentives to motorists when buying an electric vehicle. For the sale of an eligible plug-in electric vehicle, you may see waived stamp duty fees of up to $1,500. The registration fee will also be waived for an annual saving of $91 (Motor Accidents Compensation and third-party insurance still applies). The waived fees last until 30 June 2027.
Aside from stamp duty fees, there’s also the Electric Vehicle Charger Grants Scheme. This is to encourage residents and businesses to buy and install their own electric vehicle chargers. There are 100 residential grants of $1,000 and 80 business grants of $2,500 that may still be available.
Australian Capital Territory
The Australian Capital Territory Government offers plenty of incentives for residents to purchase a zero emissions vehicle or a hydrogen fuel cell electric vehicle.
Those who buy zero emission vehicles are exempt from paying stamp duty and may receive discounts on their ACT registration. Owners of lower emission vehicles can also enjoy lower fees due to ACT’s emissions-based registration.
In ACT, there’s a Sustainable Household Scheme that offers eligible households zero interest loans. Buyers can access up to $15,000 to buy a zero emissions vehicle.
Victoria
Electric cars, hydrogen or plug-in electric-hybrid propulsion systems, and other zero-emission vehicles will receive a $100 registration discount until 1 January 2026.
New South Wales
The stamp duty refund and rebate for eligible electric vehicles ended on 1 January 2024.
South Australia
New electric vehicles valued below $68,750 are eligible for registration exemption in South Australia. However, the registration period is only until 30 June 2025.
Western Australia
In Western Australia, the Zero Emission Vehicle Rebate Scheme has closed.
Tasmania
The Tasmania Electric Vehicle stamp duty exemption lapsed on 30 June 2023. However, a spokesperson from the Tasmanian Department of Treasury and Finance revealed that there may be incentives for the purchase of electric vehicles announced soon. This will be part of the Climate Change Action Plan 2023-2025.
Discounted rates on green car loans
As you can see, many electric vehicle rebate schemes and subsidies are no longer available. But there are still plenty of ways you can save money when buying an electric vehicle. For one, there are still states and territories where stamp duty and/or registration costs are discounted. Another easy way to save more on your electric vehicle purchase is by financing it with a green car loan.
At loans.com.au, we offer discounted rates for those buying qualifying electric vehicles, plus useful features to help you save more over the life of the loan. Learn more about your car loan options by calling 13 10 90 or apply for a green car loan online today!
Find out in under 2 minutes if you qualify for one of our low rate car loans.
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